3-bed · 4,054 sqftMarina Residences 5, Palm Jumeirah · 9th floor · completed 2009

906, Marina Residences 5

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 11 July 2021
Last soldAED 5M11 July 2021
Current rentAED 245K /yr20 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Marina Residences 5

What is 906 worth today?

Last sold for AED 5,000,000 in 2021

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11 Jul 2021SoldReady
AED 5,000,000AED 1,233 per sqft
20 Jan 2021RentedRenewal
AED 245,000/yr12 months · AED 60 per sqft
20 Jan 2020RentedRenewal
AED 260,000/yr12 months · AED 64 per sqft
20 Jan 2019RentedRenewal
AED 264,290/yr12 months · AED 65 per sqft
20 Jan 2018RentedNew contract
AED 275,000/yr12 months · AED 68 per sqft
22 Dec 2016RentedNew contract
AED 290,000/yr12 months · AED 71 per sqft
5 Dec 2013RentedNew contract
AED 329,115/yr12 months · AED 81 per sqft
5 Feb 2013RentedNew contract
AED 294,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 11 July 2021.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
9th of 14
Parking
CLG-151, CLG-126,-LG-G-24
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 5M · July 2021

About 906, Marina Residences 5

906 is a three-bedroom apartment of 4,054 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 11 July 2021 for AED 5,000,000, or AED 1,233 per sqft, 14% above the AED 1,086 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 20 January 2021, is AED 245,000 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 67,600 a year.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical three-bed in Marina Residences 5
4M6M20102014201820222026Typical 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 by developer, March 2010: AED 4,690,000 (AED 1,157 per sqft)Sold, July 2021: AED 5,000,000 (AED 1,233 per sqft)

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

Rents
Unit 906, 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 314,750New contract, February 2012: AED 280,000 a yearNew contract, February 2013: AED 294,000 a yearNew contract, December 2013: AED 329,115 a yearNew contract, December 2016: AED 290,000 a yearNew contract, January 2018: AED 275,000 a yearRenewal, January 2019: AED 264,290 a yearRenewal, January 2020: AED 260,000 a yearRenewal, January 2021: AED 245,000 a year

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 906 sits

All 51 3-beds →

906 last sold in July 2021 at AED 1,233 per sqft, 14% above what three-beds in Marina Residences 5 were fetching at the time (AED 1,086). 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. 906's AED 245,000 is at the bottom of that range.

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 9th floor

All 162 units in Marina Residences 5
Value
9012-bedAED 2.54M · Oct 2011
9022-bedAED 1.5M · May 2020
9032-bedAED 3.84M · Sep 2011
9042-bedAED 4.2M · Jun 2025
9053-bedAED 4.35M · Jan 2023
9073-bedAED 3.6M · Apr 2017
9082-bedAED 2.88M · Nov 2015
1–7 of 10

906, Marina Residences 5 in numbers

  • Sold twice: first on 7 March 2010 for AED 4,690,000, last on 11 July 2021 for AED 5,000,000 (AED 1,233 per sqft).
  • Rented since February 2012 on 8 Ejari contracts, from AED 280,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2021 price is 4.9%, before a service charge of about AED 67,600 a year (AED 16.67 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 11 July 2021.

Questions about 906, Marina Residences 5

What did unit 906 last sell for?

AED 5,000,000 on 11 July 2021: AED 1,233 per sqft for 4,054 sqft. The unit has 2 registered sales; the first was AED 4,690,000 in March 2010.

What is the rent for unit 906?

AED 245,000 a year on the contract renewed on 20 January 2021. The previous contract, from January 2020, was AED 260,000; the unit has been rented since February 2012.

How big is unit 906?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 9th floor of a 14-storey tower completed in 2009.

What is unit 906 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 906, Marina Residences 5

Starts from the last sale price (AED 5M, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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