2-bed · 1,746 sqftMarina Residences 5, Palm Jumeirah · 7th floor · completed 2009

708, Marina Residences 5

Sold prices and rental history: sold 3 times, last in February 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 25 January 2026
Last soldAED 2.55M18 February 2018
Current rentAED 258K /yr25 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Marina Residences 5

What is 708 worth today?

Last sold for AED 2,550,000 in 2018

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25 Jan 2026RentedRenewal
AED 257,500/yr12 months · AED 148 per sqft
25 Jan 2025RentedRenewal
AED 255,000/yr12 months · AED 146 per sqft
25 Jan 2025RentedRenewal
AED 255,000/yr12 months · AED 146 per sqft
25 Jan 2024RentedNew contract
AED 245,000/yr12 months · AED 140 per sqft
1 Sep 2023RentedNew contract
AED 225,000/yr12 months · AED 129 per sqft
1 Aug 2022RentedRenewal
AED 142,000/yr24 months · AED 81 per sqft
6 Nov 2020RentedNew contract
AED 138,204/yr21 months · AED 79 per sqft
1 Aug 2020RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 25 January 2026.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
7th of 14
Parking
CB1-177
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 2.55M · February 2018

About 708, Marina Residences 5

708 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 18 February 2018 for AED 2,550,000, or AED 1,460 per sqft, in line with the AED 1,460 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 257,500 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 29,100 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, November 2010: AED 3,852,400 (AED 2,206 per sqft)Sold, June 2015: AED 2,925,000 (AED 1,675 per sqft)Sold, February 2018: AED 2,550,000 (AED 1,460 per sqft)

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

Rents
Unit 708, 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, February 2014: AED 130,000 a yearNew contract, August 2018: AED 145,000 a yearNew contract, August 2020: AED 120,000 a yearNew contract, November 2020: AED 138,204 a yearRenewal, August 2022: AED 142,000 a yearNew contract, September 2023: AED 225,000 a yearNew contract, January 2024: AED 245,000 a yearRenewal, January 2025: AED 255,000 a yearRenewal, January 2025: AED 255,000 a yearRenewal, January 2026: AED 257,500 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 708 sits

All 106 2-beds →

708 last sold in February 2018 at AED 1,460 per sqft, in line with what two-beds in Marina Residences 5 were fetching at the time (AED 1,460). 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. 708's AED 257,500 is in the upper 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
7032-bedAED 3.73M · Sep 2011
7042-bedAED 2.85M · Dec 2022
7053-bedAED 6M · Sep 2025
7063-bedAED 12M · Mar 2025
7073-bedAED 2.4M · Feb 2020
1–7 of 10

708, Marina Residences 5 in numbers

  • Sold 3 times: first on 9 November 2010 for AED 3,852,400, last on 18 February 2018 for AED 2,550,000 (AED 1,460 per sqft).
  • Rented since February 2014 on 10 Ejari contracts, from AED 130,000 to AED 257,500 a year.
  • At AED 257,500 a year the gross yield on the 2018 price is 10.1%, 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 25 January 2026.

Questions about 708, Marina Residences 5

What did unit 708 last sell for?

AED 2,550,000 on 18 February 2018: AED 1,460 per sqft for 1,746 sqft. The unit has 3 registered sales; the first was AED 3,852,400 in November 2010.

What is the rent for unit 708?

AED 257,500 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 255,000; the unit has been rented since February 2014.

How big is unit 708?

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 708 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 708, Marina Residences 5

Starts from the last sale price (AED 2.55M, 18 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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