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3-bed · 2,439 sqftMarina Residences 5, Palm Jumeirah · 7th floor · completed 2009

707, Marina Residences 5

Sold prices and rental history: sold 3 times, last in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 13 February 2020
Last soldAED 2.4M13 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707, Marina Residences 5

What is 707 worth today?

Last sold for AED 2,400,000 in 2020

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13 Feb 2020SoldReady
AED 2,400,000AED 984 per sqft
27 Mar 2011SoldReady
AED 2,450,000AED 1,004 per sqft
22 Mar 2011Sold by developerReady
AED 3,430,000AED 1,406 per sqft

Source: Dubai Land Department. Updated 13 February 2020.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
7th of 14
Parking
CLG-195
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 2.4M · February 2020
Building
Marina Residences 5

About 707, Marina Residences 5

707 is a three-bedroom apartment of 2,439 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 13 February 2020 for AED 2,400,000, or AED 984 per sqft, in line with the AED 962 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical three-bed in Marina Residences 5
2M4M6M20102014201820222026Typical sale price by year: 2010 AED 4,297,650; 2011 AED 3,430,000; 2012 AED 3,190,400; 2013 AED 3,650,900; 2014 AED 4,200,000; 2019 AED 3,900,000; 2020 AED 3,150,000; 2021 AED 3,840,000; 2022 AED 3,850,000; 2023 AED 4,562,500; 2024 AED 5,550,000; 2025 AED 6,475,000Sold, March 2011: AED 2,450,000 (AED 1,004 per sqft)Sold by developer, March 2011: AED 3,430,000 (AED 1,406 per sqft)Sold, February 2020: AED 2,400,000 (AED 984 per sqft)

707 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 707, each contractTypical three-bed in Marina Residences 5
200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 222,500; 2014 AED 236,000; 2015 AED 250,000; 2016 AED 232,500; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 180,000; 2020 AED 170,000; 2021 AED 170,000; 2022 AED 175,450; 2023 AED 207,500; 2024 AED 256,500; 2025 AED 320,000; 2026 AED 314,750

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 707 sits

All 51 3-beds →

707 last sold in February 2020 at AED 984 per sqft, in line with what three-beds in Marina Residences 5 were fetching at the time (AED 962). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Aug 20266,300,000
23 Feb 20267,000,000
4 Dec 20258,250,000
7 Nov 20256,150,000
3 3-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
7032-bedAED 3.73M · Sep 2011
7042-bedAED 2.85M · Dec 2022
7053-bedAED 6M · Sep 2025
7063-bedAED 12M · Mar 2025
7082-bedAED 2.55M · Feb 2018
1–7 of 10

707, Marina Residences 5 in numbers

  • Sold 3 times: first on 22 March 2011 for AED 3,430,000, last on 13 February 2020 for AED 2,400,000 (AED 984 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 13 February 2020.

Questions about 707, Marina Residences 5

What did unit 707 last sell for?

AED 2,400,000 on 13 February 2020: AED 984 per sqft for 2,439 sqft. The unit has 3 registered sales; the first was AED 3,430,000 in March 2011.

How big is unit 707?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 707 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 707, Marina Residences 5

Starts from the last sale price (AED 2.4M, 13 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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