706, Marina Residences 5
Sold prices and rental history: sold twice, last in March 2025, 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 706, Marina Residences 5
What is 706 worth today?
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Source: Dubai Land Department. Updated 20 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 4,053 sqft
- Floor
- 7th of 14
- Parking
- 5-B128, 5-B129
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 12M · March 2025
- Building
- Marina Residences 5
About 706, Marina Residences 5
706 is a three-bedroom apartment of 4,053 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 20 March 2025 for AED 12,000,000, or AED 2,960 per sqft, 28% above the AED 2,321 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 18 October 2024, is AED 414,750 a year: a gross yield of 3.5% on the 2025 price, before the service charge of about AED 67,600 a year.
Sales and rents for 706 over time
706 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Marina Residences 5, and where 706 sits
All 51 3-beds →706 last sold in March 2025 at AED 2,960 per sqft, 28% above what three-beds in Marina Residences 5 were fetching at the time (AED 2,321). Over the last 12 months three-beds sold for AED 6,300,000 to 8,250,000, around AED 2,870 per sqft, and rent for AED 250,000 to 530,000 a year. 706's AED 414,750 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 2,736 sqft | 6,300,000 | 2,302 | ||
| 23 Feb 202623 February 2026 | 2,439 sqft | 7,000,000 | 2,870 | ||
| 4 Dec 20254 December 2025 | 2,736 sqft | 8,250,000 | 3,015 | ||
| 7 Nov 20257 November 2025 | 2,751 sqft | 6,150,000 | 2,235 |
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 | |
| 704 | 2-bed | 1,746 sqft | AED 2.85MAED 2,850,000 · Dec 2022December 2022 | 200,000 /yr | |
| 705 | 3-bed | 2,439 sqft | AED 6MAED 6,000,000 · Sep 2025September 2025 | 300,360 /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 |
706, Marina Residences 5 in numbers
- Sold twice: first on 13 October 2011 for AED 4,630,000, last on 20 March 2025 for AED 12,000,000 (AED 2,960 per sqft).
- Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 320,000 to AED 225,000 in 2020 and recovered to AED 414,750 by October 2024.
- At AED 414,750 a year the gross yield on the 2025 price is 3.5%, before a service charge of about AED 67,600 a year (AED 16.67 per sqft).
- Three-beds in Marina Residences 5 sold for AED 6,300,000–8,250,000 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 20 March 2025.
Questions about 706, Marina Residences 5
What did unit 706 last sell for?
AED 12,000,000 on 20 March 2025: AED 2,960 per sqft for 4,053 sqft. The unit has 2 registered sales; the first was AED 4,630,000 in October 2011.
What is the rent for unit 706?
AED 414,750 a year on the contract renewed on 18 October 2024. The previous contract, from October 2023, was AED 414,750; the unit has been rented since June 2013.
How big is unit 706?
4,053 sqft (376.5 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 706 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 5 sold for AED 6,300,000 to 8,250,000 in the last 12 months, around AED 2,870 per sqft.
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Mortgage on 706, Marina Residences 5
Starts from the last sale price (AED 12M, 20 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 12,000,000
- Deposit, UAE resident (20%)
- AED 2,400,000
- Deposit, non-resident (40%)
- AED 4,800,000
- Monthly over 25 years at 3.7%
- AED 49,096
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →