2-bed · 4,098 sqftMarina Residences 5, Palm Jumeirah · -1th floor · completed 2009

TH07, Marina Residences 5

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH07 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 6.29M24 April 2024
Current rentAED 38K /yr16 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH07, Marina Residences 5

What is TH07 worth today?

Last sold for AED 6,288,000 in 2024

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24 Apr 2024SoldReady
AED 6,288,000AED 1,534 per sqft
16 Jan 2023RentedNew contract · flagged as an outlier
AED 37,578/yr16 months · AED 9 per sqft
29 Aug 2022RentedNew contract
AED 165,794/yr5 months · AED 40 per sqft
29 Aug 2019RentedNew contract
AED 178,000/yr12 months · AED 43 per sqft
18 Nov 2014RentedNew contract
AED 155,000/yr12 months · AED 38 per sqft
12 Mar 2014Sold by developerReady
AED 4,300,000AED 1,049 per sqft
18 Nov 2013RentedRenewal
AED 155,000/yr12 months · AED 38 per sqft
18 Nov 2012RentedNew contract
AED 155,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
2-bed apartment
Size
4,098 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 68,300 /yr
Last sold
AED 6.29M · April 2024

About TH07, Marina Residences 5

TH07 is a two-bedroom apartment of 4,098 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 24 April 2024 for AED 6,288,000, or AED 1,534 per sqft, 16% below the AED 1,833 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 16 January 2023, is AED 37,578 a year: a gross yield of 0.6% on the 2024 price, before the service charge of about AED 68,300 a year.

Sales and rents for TH07 over time

Sales
Unit TH07, 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, March 2014: AED 4,300,000 (AED 1,049 per sqft)Sold, April 2024: AED 6,288,000 (AED 1,534 per sqft)

TH07 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH07, each contractTypical two-bed in Marina Residences 5
100K150K200K2012201620202024Typical 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, November 2012: AED 155,000 a yearRenewal, November 2013: AED 155,000 a yearNew contract, November 2014: AED 155,000 a yearNew contract, August 2019: AED 178,000 a yearNew contract, August 2022: AED 165,794 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 TH07 sits

All 106 2-beds →

TH07 last sold in April 2024 at AED 1,534 per sqft, 16% below what two-beds in Marina Residences 5 were fetching at the time (AED 1,833). 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. TH07's AED 37,578 is at the bottom 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
TH012-bedAED 6.15M · Sep 2024
TH023-bedAED 4.2M · Mar 2014
TH033-bedAED 4.2M · Jan 2014
TH043-bedAED 3.5M · May 2012
1–7 of 10

TH07, Marina Residences 5 in numbers

  • Sold twice: first on 12 March 2014 for AED 4,300,000, last on 24 April 2024 for AED 6,288,000 (AED 1,534 per sqft).
  • Rented since November 2012 on 6 Ejari contracts, from AED 155,000 to AED 37,578 a year.
  • At AED 37,578 a year the gross yield on the 2024 price is 0.6%, before a service charge of about AED 68,300 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 24 April 2024.

Questions about TH07, Marina Residences 5

What did unit TH07 last sell for?

AED 6,288,000 on 24 April 2024: AED 1,534 per sqft for 4,098 sqft. The unit has 2 registered sales; the first was AED 4,300,000 in March 2014.

What is the rent for unit TH07?

AED 37,578 a year on the contract signed on 16 January 2023. The previous contract, from August 2022, was AED 165,794; the unit has been rented since November 2012.

How big is unit TH07?

4,098 sqft (380.7 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH07 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 TH07, Marina Residences 5

Starts from the last sale price (AED 6.29M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,288,000
Deposit, UAE resident (20%)
AED 1,257,600
Deposit, non-resident (40%)
AED 2,515,200
Monthly over 25 years at 3.7%
AED 25,726

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