2-bed · 1,735 sqftMarina Residences 5, Palm Jumeirah · 7th floor · completed 2009

703, Marina Residences 5

Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 18 December 2025
Last soldAED 3.73M20 September 2011
Current rentAED 154K /yr18 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Marina Residences 5

What is 703 worth today?

Last sold for AED 3,727,600 in 2011

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18 Dec 2025RentedRenewal
AED 154,010/yr12 months · AED 89 per sqft
18 Dec 2024RentedRenewal
AED 133,920/yr12 months · AED 77 per sqft
18 Dec 2024RentedRenewal
AED 133,920/yr12 months · AED 77 per sqft
18 Dec 2023RentedRenewal
AED 111,600/yr12 months · AED 64 per sqft
18 Dec 2022RentedRenewal
AED 93,000/yr12 months · AED 54 per sqft
18 Dec 2021RentedRenewal
AED 88,000/yr12 months · AED 51 per sqft
18 Dec 2020RentedRenewal
AED 88,000/yr12 months · AED 51 per sqft
18 Dec 2019RentedNew contract
AED 105,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 18 December 2025.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
7th of 14
Parking
CB1-181
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 3.73M · September 2011

About 703, Marina Residences 5

703 is a two-bedroom apartment of 1,735 sqft on the 7th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 20 September 2011 for AED 3,727,600, or AED 2,148 per sqft, 45% above the AED 1,486 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 18 December 2025, is AED 154,010 a year: a gross yield of 4.1% on the 2011 price, before the service charge of about AED 28,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, September 2011: AED 3,727,600 (AED 2,148 per sqft)

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

Rents
Unit 703, 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, April 2013: AED 160,000 a yearNew contract, April 2014: AED 176,000 a yearRenewal, April 2015: AED 180,000 a yearNew contract, June 2016: AED 170,000 a yearNew contract, August 2017: AED 150,000 a yearNew contract, December 2018: AED 125,000 a yearNew contract, December 2019: AED 105,000 a yearRenewal, December 2020: AED 88,000 a yearRenewal, December 2021: AED 88,000 a yearRenewal, December 2022: AED 93,000 a yearRenewal, December 2023: AED 111,600 a yearRenewal, December 2024: AED 133,920 a yearRenewal, December 2024: AED 133,920 a yearRenewal, December 2025: AED 154,010 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 703 sits

All 106 2-beds →

703 last sold in September 2011 at AED 2,148 per sqft, 45% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,486). 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. 703's AED 154,010 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 7th floor

All 162 units in Marina Residences 5
Value
7012-bedAED 2.85M · Mar 2014
7022-bedAED 2.73M · Oct 2010
7042-bedAED 2.85M · Dec 2022
7053-bedAED 6M · Sep 2025
7063-bedAED 12M · Mar 2025
7073-bedAED 2.4M · Feb 2020
7082-bedAED 2.55M · Feb 2018
1–7 of 10

703, Marina Residences 5 in numbers

  • Sold once: by The Palm - Jumeirah Co on 20 September 2011 for AED 3,727,600, or AED 2,148 per sqft.
  • Rented since April 2013 on 14 Ejari contracts. The rent fell from AED 160,000 to AED 88,000 in 2021 and recovered to AED 154,010 by December 2025.
  • At AED 154,010 a year the gross yield on the 2011 price is 4.1%, 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 18 December 2025.

Questions about 703, Marina Residences 5

What did unit 703 last sell for?

AED 3,727,600 on 20 September 2011, sold by the developer: AED 2,148 per sqft for 1,735 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 154,010 a year on the contract renewed on 18 December 2025. The previous contract, from December 2024, was AED 133,920; the unit has been rented since April 2013.

How big is unit 703?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 703 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 703, Marina Residences 5

Starts from the last sale price (AED 3.73M, 20 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,727,600
Deposit, UAE resident (20%)
AED 745,520
Deposit, non-resident (40%)
AED 1,491,040
Monthly over 25 years at 3.7%
AED 15,251

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