LG02, Marina Residences 5
Sold prices and rental history: sold twice, last in January 2023, and rented once, from July 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for LG02, Marina Residences 5
What is LG02 worth today?
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Source: Dubai Land Department. Updated 31 January 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 4,768 sqft
- Floor
- -1th of 14
- Parking
- 5-LG110,5-LG111,5-GLG07
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 79,500 /yr
- Last sold
- AED 5.6M · January 2023
- Building
- Marina Residences 5
About LG02, Marina Residences 5
LG02 is a three-bedroom apartment of 4,768 sqft on the -1th 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 January 2023 for AED 5,600,000, or AED 1,174 per sqft, 26% below the AED 1,578 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 July 2012. The current contract, signed on 1 July 2012, is AED 265,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 79,500 a year.
Sales and rents for LG02 over time
LG02 has sold twice; the dashed line is the three-bed median of each year in the building.
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 LG02 sits
All 51 3-beds →LG02 last sold in January 2023 at AED 1,174 per sqft, 26% below what three-beds in Marina Residences 5 were fetching at the time (AED 1,578). 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. LG02's AED 265,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 2,736 sqft | 6,300,000 | 2,302 | ||
| 23 Feb 202623 February 2026 | 2,439 sqft | 7,000,000 | 2,870 | ||
| 4 Dec 20254 December 2025 | 2,736 sqft | 8,250,000 | 3,015 | ||
| 7 Nov 20257 November 2025 | 2,751 sqft | 6,150,000 | 2,235 |
Marina Residences 5
Building162 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%
Other units on the -1th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| LG01 | 3-bed | 2,751 sqft | AED 6.1MAED 6,100,000 · Apr 2025April 2025 | 190,000 /yr | |
| LG03 | 3-bed | 2,751 sqft | AED 6.15MAED 6,150,000 · Nov 2025November 2025 | 165,000 /yr | |
| TH01 | 2-bed | 4,045 sqft | AED 6.15MAED 6,150,000 · Sep 2024September 2024 | 270,000 /yr | |
| TH02 | 3-bed | 4,098 sqft | AED 4.2MAED 4,200,000 · Mar 2014March 2014 | 236,500 /yr | |
| TH03 | 3-bed | 4,090 sqft | AED 4.2MAED 4,200,000 · Jan 2014January 2014 | 325,000 /yr | |
| TH04 | 3-bed | 3,996 sqft | AED 3.5MAED 3,500,000 · May 2012May 2012 | 315,000 /yr | |
| TH05 | 3-bed | 3,996 sqft | AED 5.16MAED 5,163,900 · Mar 2011March 2011 | 175,000 /yr | |
| TH06 | 3-bed | 4,090 sqft | AED 4.2MAED 4,200,000 · Jan 2014January 2014 | 327,000 /yr | |
| TH07 | 2-bed | 4,098 sqft | AED 6.29MAED 6,288,000 · Apr 2024April 2024 | 37,578 /yr | |
| TH08 | 3-bed | 4,045 sqft | AED 5.16MAED 5,163,900 · Jan 2013January 2013 | 300,000 /yr |
LG02, Marina Residences 5 in numbers
- Sold twice: first on 25 August 2011 for AED 2,879,500, last on 31 January 2023 for AED 5,600,000 (AED 1,174 per sqft).
- Rented since July 2012 on one Ejari contract, at AED 265,000 a year.
- At AED 265,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 79,500 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 31 January 2023.
Questions about LG02, Marina Residences 5
What did unit LG02 last sell for?
AED 5,600,000 on 31 January 2023: AED 1,174 per sqft for 4,768 sqft. The unit has 2 registered sales; the first was AED 2,879,500 in August 2011.
What is the rent for unit LG02?
AED 265,000 a year on the contract signed on 1 July 2012.
How big is unit LG02?
4,768 sqft (443.0 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.
What is unit LG02 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 LG02, Marina Residences 5
Starts from the last sale price (AED 5.6M, 31 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,600,000
- Deposit, UAE resident (20%)
- AED 1,120,000
- Deposit, non-resident (40%)
- AED 2,240,000
- Monthly over 25 years at 3.7%
- AED 22,911
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →