2-bed · 4,045 sqftMarina Residences 5, Palm Jumeirah · -1th floor · completed 2009

TH01, Marina Residences 5

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH01 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 6.15M17 September 2024
Current rentAED 270K /yr9 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH01, Marina Residences 5

What is TH01 worth today?

Last sold for AED 6,150,000 in 2024

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17 Sep 2024SoldReady
AED 6,150,000AED 1,520 per sqft
9 Sep 2023RentedRenewal
AED 270,000/yr12 months · AED 67 per sqft
9 Sep 2022RentedNew contract
AED 270,000/yr12 months · AED 67 per sqft
23 Jul 2014SoldReady
AED 2,300,000AED 568 per sqft
30 Sep 2013Sold by developerReady
AED 4,644,400AED 1,148 per sqft

Source: Dubai Land Department. Updated 17 September 2024.

Key facts

Type
2-bed apartment
Size
4,045 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,400 /yr
Last sold
AED 6.15M · September 2024

About TH01, Marina Residences 5

TH01 is a two-bedroom apartment of 4,045 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 17 September 2024 for AED 6,150,000, or AED 1,520 per sqft, 21% below the AED 1,912 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 9 September 2023, is AED 270,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 67,400 a year.

Sales and rents for TH01 over time

Sales
Unit TH01, each saleTypical two-bed in Marina Residences 5
2.5M5M2010201520202025Typical 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 2013: AED 4,644,400 (AED 1,148 per sqft)Sold, July 2014: AED 2,300,000 (AED 568 per sqft)Sold, September 2024: AED 6,150,000 (AED 1,520 per sqft)

TH01 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH01, each contractTypical two-bed in Marina Residences 5
100K200K2012201620202024Typical 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, September 2022: AED 270,000 a yearRenewal, September 2023: AED 270,000 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 TH01 sits

All 106 2-beds →

TH01 last sold in September 2024 at AED 1,520 per sqft, 21% below what two-beds in Marina Residences 5 were fetching at the time (AED 1,912). 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. TH01's AED 270,000 is in the upper half 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 -1th floor

All 162 units in Marina Residences 5
Value
LG013-bedAED 6.1M · Apr 2025
LG023-bedAED 5.6M · Jan 2023
LG033-bedAED 6.15M · Nov 2025
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

TH01, Marina Residences 5 in numbers

  • Sold 3 times: first on 30 September 2013 for AED 4,644,400, last on 17 September 2024 for AED 6,150,000 (AED 1,520 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, at AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 67,400 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 17 September 2024.

Questions about TH01, Marina Residences 5

What did unit TH01 last sell for?

AED 6,150,000 on 17 September 2024: AED 1,520 per sqft for 4,045 sqft. The unit has 3 registered sales; the first was AED 4,644,400 in September 2013.

What is the rent for unit TH01?

AED 270,000 a year on the contract renewed on 9 September 2023. The previous contract, from September 2022, was AED 270,000.

How big is unit TH01?

4,045 sqft (375.8 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH01 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 TH01, Marina Residences 5

Starts from the last sale price (AED 6.15M, 17 September 2024). 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 →