2-bed · 1,870 sqftMarina Residences 5, Palm Jumeirah · 9th floor · completed 2009

901, Marina Residences 5

Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 25 August 2020
Last soldAED 2.54M19 October 2011
Current rentAED 100K /yr25 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Marina Residences 5

What is 901 worth today?

Last sold for AED 2,544,600 in 2011

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25 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
9 Aug 2019RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
9 Aug 2018RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
14 Oct 2017RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft
1 Aug 2016RentedNew contract
AED 165,000/yr12 months · AED 88 per sqft
19 Oct 2011Sold by developerReady
AED 2,544,600AED 1,360 per sqft

Source: Dubai Land Department. Updated 25 August 2020.

Key facts

Type
2-bed apartment
Size
1,870 sqft
Floor
9th of 14
Parking
CLG-192
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,200 /yr
Last sold
AED 2.54M · October 2011

About 901, Marina Residences 5

901 is a two-bedroom apartment of 1,870 sqft on the 9th 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 19 October 2011 for AED 2,544,600, or AED 1,360 per sqft, 4% below the AED 1,424 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 25 August 2020, is AED 100,000 a year: a gross yield of 3.9% on the 2011 price, before the service charge of about AED 31,200 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, October 2011: AED 2,544,600 (AED 1,360 per sqft)

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

Rents
Unit 901, 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, August 2016: AED 165,000 a yearNew contract, October 2017: AED 135,000 a yearNew contract, August 2018: AED 120,000 a yearRenewal, August 2019: AED 120,000 a yearNew contract, August 2020: AED 100,000 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 901 sits

All 106 2-beds →

901 last sold in October 2011 at AED 1,360 per sqft, 4% below what two-beds in Marina Residences 5 were fetching at the time (AED 1,424). 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. 901's AED 100,000 is at the bottom 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 9th floor

All 162 units in Marina Residences 5
Value
9022-bedAED 1.5M · May 2020
9032-bedAED 3.84M · Sep 2011
9042-bedAED 4.2M · Jun 2025
9053-bedAED 4.35M · Jan 2023
9063-bedAED 5M · Jul 2021
9073-bedAED 3.6M · Apr 2017
9082-bedAED 2.88M · Nov 2015
1–7 of 10

901, Marina Residences 5 in numbers

  • Sold once: by The Palm - Jumeirah Co on 19 October 2011 for AED 2,544,600, or AED 1,360 per sqft.
  • Rented since August 2016 on 5 Ejari contracts, from AED 165,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2011 price is 3.9%, before a service charge of about AED 31,200 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 August 2020.

Questions about 901, Marina Residences 5

What did unit 901 last sell for?

AED 2,544,600 on 19 October 2011, sold by the developer: AED 1,360 per sqft for 1,870 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 100,000 a year on the contract signed on 25 August 2020. The previous contract, from August 2019, was AED 120,000; the unit has been rented since August 2016.

How big is unit 901?

1,870 sqft (173.7 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2009.

What is unit 901 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 901, Marina Residences 5

Starts from the last sale price (AED 2.54M, 19 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,544,600
Deposit, UAE resident (20%)
AED 508,920
Deposit, non-resident (40%)
AED 1,017,840
Monthly over 25 years at 3.7%
AED 10,411

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