2-bed · 1,735 sqftMarina Residences 5, Palm Jumeirah · 6th floor · completed 2009

610, Marina Residences 5

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 610 · DLD and Ejari recordsUpdated 6 April 2024
Last soldAED 3.48M27 March 2024
Current rentAED 160K /yr6 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 610, Marina Residences 5

What is 610 worth today?

Last sold for AED 3,475,000 in 2024

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6 Apr 2024RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
27 Mar 2024SoldReady
AED 3,475,000AED 2,002 per sqft
6 Apr 2023RentedRenewal
AED 160,000/yr12 months · AED 92 per sqft
6 Apr 2022RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
1 Mar 2021RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
29 Feb 2020RentedNew contract
AED 125,000/yr12 months · AED 72 per sqft
28 Aug 2019RentedRenewal
AED 130,500/yr6 months · AED 75 per sqft
28 Aug 2018RentedRenewal
AED 145,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 6 April 2024.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
6th of 14
Parking
5-B185
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 3.48M · March 2024

About 610, Marina Residences 5

610 is a two-bedroom apartment of 1,735 sqft on the 6th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 27 March 2024 for AED 3,475,000, or AED 2,002 per sqft, 9% above the AED 1,845 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 6 April 2024, is AED 160,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 28,900 a year.

Sales and rents for 610 over time

Sales
Unit 610, each saleTypical two-bed in Marina Residences 5
2M4M2010201520202025Typical sale price by year: 2010 AED 2,729,600; 2011 AED 2,580,700; 2012 AED 2,557,050; 2013 AED 2,544,200; 2014 AED 2,950,000; 2015 AED 2,787,500; 2016 AED 2,695,500; 2017 AED 2,547,400; 2018 AED 2,300,000; 2019 AED 1,660,000; 2020 AED 1,600,000; 2021 AED 1,700,000; 2022 AED 2,600,000; 2023 AED 3,110,000; 2024 AED 3,635,000; 2025 AED 3,978,188; 2026 AED 4,450,000Sold by developer, March 2010: AED 2,791,000 (AED 1,608 per sqft)Sold, March 2024: AED 3,475,000 (AED 2,002 per sqft)

610 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 610, each contractTypical two-bed in Marina Residences 5
100K200K2012201620202024Typical rent by year: 2012 AED 138,500; 2013 AED 145,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 132,750; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 139,440; 2023 AED 165,000; 2024 AED 185,000; 2025 AED 192,477; 2026 AED 200,000New contract, March 2013: AED 80,000 a yearNew contract, September 2013: AED 160,000 a yearNew contract, September 2014: AED 175,000 a yearRenewal, September 2015: AED 180,293 a yearNew contract, August 2016: AED 165,000 a yearRenewal, August 2017: AED 163,000 a yearRenewal, August 2018: AED 145,000 a yearRenewal, August 2019: AED 130,500 a yearNew contract, February 2020: AED 125,000 a yearRenewal, March 2021: AED 120,000 a yearNew contract, April 2022: AED 160,000 a yearRenewal, April 2023: AED 160,000 a yearNew contract, April 2024: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Residences 5, and where 610 sits

All 106 2-beds →

610 last sold in March 2024 at AED 2,002 per sqft, 9% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,845). Over the last 12 months two-beds sold for AED 3,850,000 to 5,100,000, around AED 2,278 per sqft, and rent for AED 150,000 to 300,000 a year. 610's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20265,100,000
2 Oct 20264,450,000
28 Jul 20263,850,000
5 Jun 20264,900,000
7 2-bed sales in the last 12 months

Marina Residences 5

Building

162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 10 sold in the last 12 months.

Typical price per sqft
AED 2,433 Up 9.7%
Typical sale
AED 4.78M
Typical rent
AED 209K /yr
Typical yield
4.3%
Marina Residences 5, Palm Jumeirah: prices, sales and rents →

Other units on the 6th floor

All 162 units in Marina Residences 5
Value
6012-bedAED 3M · Apr 2024
6022-bedAED 4.9M · Jun 2026
6032-bedAED 3.35M · Nov 2023
6042-bedAED 2.95M · May 2023
6053-bedAED 3.85M · Oct 2022
6063-bedAED 4.6M · Dec 2010
6073-bedAED 3.4M · May 2011
1–7 of 10

610, Marina Residences 5 in numbers

  • Sold twice: first on 16 March 2010 for AED 2,791,000, last on 27 March 2024 for AED 3,475,000 (AED 2,002 per sqft).
  • Rented since March 2013 on 13 Ejari contracts, from AED 80,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 28,900 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 5 sold for AED 3,850,000–5,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,433 per sqft.

Source: Dubai Land Department. Updated 6 April 2024.

Questions about 610, Marina Residences 5

What did unit 610 last sell for?

AED 3,475,000 on 27 March 2024: AED 2,002 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 2,791,000 in March 2010.

What is the rent for unit 610?

AED 160,000 a year on the contract signed on 6 April 2024. The previous contract, from April 2023, was AED 160,000; the unit has been rented since March 2013.

How big is unit 610?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 610 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residences 5 sold for AED 3,850,000 to 5,100,000 in the last 12 months, around AED 2,278 per sqft.

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Mortgage on 610, Marina Residences 5

Starts from the last sale price (AED 3.48M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,475,000
Deposit, UAE resident (20%)
AED 695,000
Deposit, non-resident (40%)
AED 1,390,000
Monthly over 25 years at 3.7%
AED 14,217

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →