704, Marina Residences 5
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Marina Residences 5
What is 704 worth today?
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Source: Dubai Land Department. Updated 15 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 7th of 14
- Parking
- CB1-179
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 2.85M · December 2022
- Building
- Marina Residences 5
About 704, Marina Residences 5
704 is a two-bedroom apartment of 1,746 sqft on the 7th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 29 December 2022 for AED 2,850,000, or AED 1,632 per sqft, 24% above the AED 1,316 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 January 2024, is AED 200,000 a year: a gross yield of 7.0% on the 2022 price, before the service charge of about AED 29,100 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the two-bed median of each year in the building.
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 704 sits
All 106 2-beds →704 last sold in December 2022 at AED 1,632 per sqft, 24% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,316). 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. 704's AED 200,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,867 sqft | 5,100,000 | 2,731 | ||
| 2 Oct 20262 October 2026 | 1,735 sqft | 4,450,000 | 2,564 | ||
| 28 Jul 202628 July 2026 | 1,735 sqft | 3,850,000 | 2,218 | ||
| 5 Jun 20265 June 2026 | 1,735 sqft | 4,900,000 | 2,823 |
Marina Residences 5
Building162 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%
Other units on the 7th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,870 sqft | AED 2.85MAED 2,850,000 · Mar 2014March 2014 | 135,000 /yr | |
| 702 | 2-bed | 1,735 sqft | AED 2.73MAED 2,726,600 · Oct 2010October 2010 | 195,000 /yr | |
| 703 | 2-bed | 1,735 sqft | AED 3.73MAED 3,727,600 · Sep 2011September 2011 | 154,010 /yr | |
| 705 | 3-bed | 2,439 sqft | AED 6MAED 6,000,000 · Sep 2025September 2025 | 300,360 /yr | |
| 706 | 3-bed | 4,053 sqft | AED 12MAED 12,000,000 · Mar 2025March 2025 | 414,750 /yr | |
| 707 | 3-bed | 2,439 sqft | AED 2.4MAED 2,400,000 · Feb 2020February 2020 | ||
| 708 | 2-bed | 1,746 sqft | AED 2.55MAED 2,550,000 · Feb 2018February 2018 | 257,500 /yr | |
| 709 | 2-bed | 1,735 sqft | AED 3.28MAED 3,280,000 · Jun 2024June 2024 | 115,000 /yr | |
| 710 | 2-bed | 1,735 sqft | AED 2.8MAED 2,800,000 · Mar 2015March 2015 | 220,000 /yr | |
| 711 | 2-bed | 1,870 sqft | AED 1.73MAED 1,725,000 · Feb 2021February 2021 | 110,000 /yr |
704, Marina Residences 5 in numbers
- Sold twice: first on 21 August 2014 for AED 3,942,700, last on 29 December 2022 for AED 2,850,000 (AED 1,632 per sqft).
- Rented since May 2013 on 4 Ejari contracts, from AED 145,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2022 price is 7.0%, before a service charge of about AED 29,100 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 15 January 2024.
Questions about 704, Marina Residences 5
What did unit 704 last sell for?
AED 2,850,000 on 29 December 2022: AED 1,632 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 3,942,700 in August 2014.
What is the rent for unit 704?
AED 200,000 a year on the contract signed on 15 January 2024. The previous contract, from May 2015, was AED 155,000; the unit has been rented since May 2013.
How big is unit 704?
1,746 sqft (162.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 704 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 704, Marina Residences 5
Starts from the last sale price (AED 2.85M, 29 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →