2-bed · 1,735 sqftMarina Residences 5, Palm Jumeirah · 9th floor · completed 2009

902, Marina Residences 5

Sold prices and rental history: sold twice, last in May 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 31 May 2020
Last soldAED 1.5M31 May 2020
Current rentAED 145K /yr20 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Marina Residences 5

What is 902 worth today?

Last sold for AED 1,500,000 in 2020

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31 May 2020SoldReady
AED 1,500,000AED 864 per sqft
20 Jul 2019RentedRenewal
AED 145,000/yr12 months · AED 84 per sqft
20 Jul 2018RentedRenewal
AED 150,000/yr12 months · AED 87 per sqft
20 Jul 2017RentedRenewal
AED 165,000/yr12 months · AED 95 per sqft
20 Jul 2016RentedNew contract
AED 165,000/yr12 months · AED 95 per sqft
17 Jan 2016RentedNew contract
AED 165,000/yr12 months · AED 95 per sqft
1 May 2015RentedNew contract
AED 164,513/yr12 months · AED 95 per sqft
1 May 2014RentedNew contract
AED 158,950/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 31 May 2020.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
9th of 14
Parking
CLG-200
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 1.5M · May 2020

About 902, Marina Residences 5

902 is a two-bedroom apartment of 1,735 sqft on the 9th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 31 May 2020 for AED 1,500,000, or AED 864 per sqft, 5% above the AED 821 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 20 July 2019, is AED 145,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 28,900 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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, September 2012: AED 2,472,200 (AED 1,424 per sqft)Sold, May 2020: AED 1,500,000 (AED 864 per sqft)

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

Rents
Unit 902, 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, May 2013: AED 144,500 a yearNew contract, May 2014: AED 158,950 a yearNew contract, May 2015: AED 164,513 a yearNew contract, January 2016: AED 165,000 a yearNew contract, July 2016: AED 165,000 a yearRenewal, July 2017: AED 165,000 a yearRenewal, July 2018: AED 150,000 a yearRenewal, July 2019: AED 145,000 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 902 sits

All 106 2-beds →

902 last sold in May 2020 at AED 864 per sqft, 5% above what two-beds in Marina Residences 5 were fetching at the time (AED 821). 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. 902's AED 145,000 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
9012-bedAED 2.54M · Oct 2011
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

902, Marina Residences 5 in numbers

  • Sold twice: first on 9 September 2012 for AED 2,472,200, last on 31 May 2020 for AED 1,500,000 (AED 864 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, from AED 144,500 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2020 price is 9.7%, 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 31 May 2020.

Questions about 902, Marina Residences 5

What did unit 902 last sell for?

AED 1,500,000 on 31 May 2020: AED 864 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 2,472,200 in September 2012.

What is the rent for unit 902?

AED 145,000 a year on the contract renewed on 20 July 2019. The previous contract, from July 2018, was AED 150,000; the unit has been rented since May 2013.

How big is unit 902?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2009.

What is unit 902 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 902, Marina Residences 5

Starts from the last sale price (AED 1.5M, 31 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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