2-bed · 1,735 sqftMarina Residences 5, Palm Jumeirah · 8th floor · completed 2009

802, Marina Residences 5

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.94M21 March 2010
Current rentAED 192K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Marina Residences 5

What is 802 worth today?

Last sold for AED 1,943,500 in 2010

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1 Aug 2024RentedRenewal
AED 191,500/yr12 months · AED 111 per sqft
1 Aug 2023RentedRenewal
AED 165,000/yr12 months · AED 95 per sqft
1 Aug 2022RentedNew contract
AED 165,000/yr12 months · AED 95 per sqft
25 Oct 2021RentedRenewal
AED 110,000/yr12 months · AED 63 per sqft
25 Oct 2020RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
25 Jun 2020RentedRenewal
AED 135,000/yr6 months · AED 78 per sqft
25 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 78 per sqft
25 Jun 2019RentedNew contract
AED 135,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
8th of 14
Parking
CB1-174
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 1.94M · March 2010

About 802, Marina Residences 5

802 is a two-bedroom apartment of 1,735 sqft on the 8th 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 21 March 2010 for AED 1,943,500, or AED 1,120 per sqft, 19% below the AED 1,391 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 1 August 2024, is AED 191,500 a year: a gross yield of 9.8% on the 2010 price, before the service charge of about AED 28,900 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, March 2010: AED 1,943,500 (AED 1,120 per sqft)

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

Rents
Unit 802, each contractTypical two-bed in Marina Residences 5
100K150K200K2012201620202024Typical 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, June 2013: AED 150,000 a yearNew contract, June 2014: AED 165,000 a yearNew contract, June 2015: AED 165,000 a yearNew contract, June 2016: AED 160,000 a yearRenewal, June 2017: AED 160,000 a yearRenewal, June 2018: AED 145,000 a yearRenewal, June 2019: AED 135,000 a yearNew contract, June 2019: AED 135,000 a yearRenewal, June 2020: AED 135,000 a yearNew contract, October 2020: AED 110,000 a yearRenewal, October 2021: AED 110,000 a yearNew contract, August 2022: AED 165,000 a yearRenewal, August 2023: AED 165,000 a yearRenewal, August 2024: AED 191,500 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 802 sits

All 106 2-beds →

802 last sold in March 2010 at AED 1,120 per sqft, 19% below what two-beds in Marina Residences 5 were fetching at the time (AED 1,391). 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. 802's AED 191,500 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 8th floor

All 162 units in Marina Residences 5
Value
8012-bedAED 2.28M · Mar 2013
8032-bedAED 4.45M · Oct 2026
8042-bedAED 2.7M · Dec 2014
8053-bedAED 7M · Feb 2026
8063-bedAED 3.9M · Jun 2019
8073-bedAED 7.8M · Dec 2024
8082-bedAED 3.91M · May 2011
1–7 of 10

802, Marina Residences 5 in numbers

  • Sold once: by The Palm - Jumeirah Co on 21 March 2010 for AED 1,943,500, or AED 1,120 per sqft.
  • Rented since June 2013 on 14 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2021 and recovered to AED 191,500 by August 2024.
  • At AED 191,500 a year the gross yield on the 2010 price is 9.8%, 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 1 August 2024.

Questions about 802, Marina Residences 5

What did unit 802 last sell for?

AED 1,943,500 on 21 March 2010, sold by the developer: AED 1,120 per sqft for 1,735 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 191,500 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 165,000; the unit has been rented since June 2013.

How big is unit 802?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2009.

What is unit 802 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 802, Marina Residences 5

Starts from the last sale price (AED 1.94M, 21 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,943,500
Deposit, UAE resident (20%)
AED 388,700
Deposit, non-resident (40%)
AED 777,400
Monthly over 25 years at 3.7%
AED 7,951

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