3-bed · 3,996 sqftMarina Residences 5, Palm Jumeirah · -1th floor · completed 2009

TH04, Marina Residences 5

Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH04 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 3.5M23 May 2012
Current rentAED 315K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH04, Marina Residences 5

What is TH04 worth today?

Last sold for AED 3,500,000 in 2012

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1 Sep 2024RentedRenewal
AED 315,000/yr12 months · AED 79 per sqft
1 Sep 2023RentedNew contract
AED 315,000/yr12 months · AED 79 per sqft
25 Apr 2022RentedNew contract
AED 280,000/yr12 months · AED 70 per sqft
24 Jan 2021RentedRenewal
AED 175,000/yr12 months · AED 44 per sqft
24 Jan 2020RentedRenewal
AED 185,000/yr12 months · AED 46 per sqft
24 Jan 2019RentedNew contract
AED 185,000/yr12 months · AED 46 per sqft
16 Jun 2018RentedRenewal
AED 220,000/yr12 months · AED 55 per sqft
1 Jun 2017RentedNew contract
AED 220,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
3-bed apartment
Size
3,996 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 66,600 /yr
Last sold
AED 3.5M · May 2012

About TH04, Marina Residences 5

TH04 is a three-bedroom apartment of 3,996 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 23 May 2012 for AED 3,500,000, or AED 875 per sqft, 22% below the AED 1,126 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 315,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 66,600 a year.

Sales and rents for TH04 over time

Sales
Unit TH04, 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, May 2012: AED 3,500,000 (AED 875 per sqft)Sold by developer, May 2012: AED 4,580,600 (AED 1,146 per sqft)

TH04 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH04, 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, April 2015: AED 270,000 a yearRenewal, April 2016: AED 250,000 a yearNew contract, June 2017: AED 220,000 a yearRenewal, June 2018: AED 220,000 a yearNew contract, January 2019: AED 185,000 a yearRenewal, January 2020: AED 185,000 a yearRenewal, January 2021: AED 175,000 a yearNew contract, April 2022: AED 280,000 a yearNew contract, September 2023: AED 315,000 a yearRenewal, September 2024: AED 315,000 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 TH04 sits

All 51 3-beds →

TH04 last sold in May 2012 at AED 875 per sqft, 22% below what three-beds in Marina Residences 5 were fetching at the time (AED 1,126). 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. TH04's AED 315,000 is in the lower half 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 -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
TH012-bedAED 6.15M · Sep 2024
TH023-bedAED 4.2M · Mar 2014
TH033-bedAED 4.2M · Jan 2014
TH053-bedAED 5.16M · Mar 2011
1–7 of 10

TH04, Marina Residences 5 in numbers

  • Sold twice: first on 1 May 2012 for AED 4,580,600, last on 23 May 2012 for AED 3,500,000 (AED 875 per sqft).
  • Rented since April 2015 on 10 Ejari contracts. The rent fell from AED 270,000 to AED 175,000 in 2021 and recovered to AED 315,000 by September 2024.
  • At AED 315,000 a year the gross yield on the 2012 price is 9.0%, before a service charge of about AED 66,600 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 1 September 2024.

Questions about TH04, Marina Residences 5

What did unit TH04 last sell for?

AED 3,500,000 on 23 May 2012: AED 875 per sqft for 3,996 sqft. The unit has 2 registered sales; the first was AED 4,580,600 in May 2012.

What is the rent for unit TH04?

AED 315,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 315,000; the unit has been rented since April 2015.

How big is unit TH04?

3,996 sqft (371.2 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH04 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 TH04, Marina Residences 5

Starts from the last sale price (AED 3.5M, 23 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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