3-bed · 2,751 sqftMarina Residences 5, Palm Jumeirah · -1th floor · completed 2009

LG03, Marina Residences 5

Sold prices and rental history: sold 5 times, last in November 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit LG03 · DLD and Ejari recordsUpdated 7 November 2025
Last soldAED 6.15M7 November 2025
Current rentAED 165K /yr21 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for LG03, Marina Residences 5

What is LG03 worth today?

Last sold for AED 6,150,000 in 2025

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7 Nov 2025SoldReady
AED 6,150,000AED 2,235 per sqft
5 Aug 2024SoldReady
AED 4,600,000AED 1,672 per sqft
21 Jun 2023RentedRenewal
AED 165,000/yr12 months · AED 60 per sqft
21 Jun 2022RentedRenewal
AED 150,000/yr12 months · AED 55 per sqft
21 Jun 2021RentedNew contract
AED 135,000/yr12 months · AED 49 per sqft
21 Jun 2020RentedNew contract
AED 135,000/yr12 months · AED 49 per sqft
15 Jun 2019RentedNew contract
AED 160,000/yr12 months · AED 58 per sqft
1 Dec 2017RentedRenewal
AED 195,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 7 November 2025.

Key facts

Type
3-bed apartment
Size
2,751 sqft
Floor
-1th of 14
Parking
5-B32
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,900 /yr
Last sold
AED 6.15M · November 2025

About LG03, Marina Residences 5

LG03 is a three-bedroom apartment of 2,751 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 7 November 2025 for AED 6,150,000, or AED 2,235 per sqft, in line with the AED 2,278 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 21 June 2023, is AED 165,000 a year: a gross yield of 2.7% on the 2025 price, before the service charge of about AED 45,900 a year.

Sales and rents for LG03 over time

Sales
Unit LG03, each saleTypical three-bed in Marina Residences 5
2.5M5M2010201520202025Typical 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, November 2011: AED 3,389,000 (AED 1,231 per sqft)Sold, February 2012: AED 1,500,000 (AED 545 per sqft)Sold, March 2012: AED 1,600,000 (AED 581 per sqft)Sold, August 2024: AED 4,600,000 (AED 1,672 per sqft)Sold, November 2025: AED 6,150,000 (AED 2,235 per sqft)

LG03 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit LG03, 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, August 2012: AED 170,000 a yearNew contract, September 2013: AED 200,000 a yearNew contract, September 2014: AED 210,000 a yearRenewal, September 2015: AED 210,000 a yearNew contract, December 2016: AED 195,000 a yearRenewal, December 2017: AED 195,000 a yearNew contract, June 2019: AED 160,000 a yearNew contract, June 2020: AED 135,000 a yearNew contract, June 2021: AED 135,000 a yearRenewal, June 2022: AED 150,000 a yearRenewal, June 2023: AED 165,000 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 LG03 sits

All 51 3-beds →

LG03 last sold in November 2025 at AED 2,235 per sqft, in line with what three-beds in Marina Residences 5 were fetching at the time (AED 2,278). 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. LG03's AED 165,000 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
3 Sep 20256,000,000
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 -1th floor

All 162 units in Marina Residences 5
Value
LG013-bedAED 6.1M · Apr 2025
LG023-bedAED 5.6M · Jan 2023
TH012-bedAED 6.15M · Sep 2024
TH023-bedAED 4.2M · Mar 2014
TH033-bedAED 4.2M · Jan 2014
TH043-bedAED 3.5M · May 2012
TH053-bedAED 5.16M · Mar 2011
1–7 of 10

LG03, Marina Residences 5 in numbers

  • Sold 5 times: first on 15 November 2011 for AED 3,389,000, last on 7 November 2025 for AED 6,150,000 (AED 2,235 per sqft).
  • Rented since August 2012 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 135,000 in 2021 and recovered to AED 165,000 by June 2023.
  • At AED 165,000 a year the gross yield on the 2025 price is 2.7%, before a service charge of about AED 45,900 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 7 November 2025.

Questions about LG03, Marina Residences 5

What did unit LG03 last sell for?

AED 6,150,000 on 7 November 2025: AED 2,235 per sqft for 2,751 sqft. The unit has 5 registered sales; the first was AED 3,389,000 in November 2011.

What is the rent for unit LG03?

AED 165,000 a year on the contract renewed on 21 June 2023. The previous contract, from June 2022, was AED 150,000; the unit has been rented since August 2012.

How big is unit LG03?

2,751 sqft (255.6 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit LG03 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 LG03, Marina Residences 5

Starts from the last sale price (AED 6.15M, 7 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 6,150,000
Deposit, UAE resident (20%)
AED 1,230,000
Deposit, non-resident (40%)
AED 2,460,000
Monthly over 25 years at 3.7%
AED 25,162

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