3-bed · 2,439 sqftMarina Residences 6, Palm Jumeirah · 5th floor · completed 2009

505, Marina Residences 6

Sold prices and rental history: sold 4 times, last in November 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 May 2022
Last soldAED 3.18M25 November 2021
Current rentAED 150K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Marina Residences 6

What is 505 worth today?

Last sold for AED 3,175,000 in 2021

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1 May 2022RentedNew contract
AED 150,000/yr5 months · AED 62 per sqft
25 Nov 2021SoldReady
AED 3,175,000AED 1,301 per sqft
1 May 2021RentedNew contract
AED 150,000/yr12 months · AED 61 per sqft
1 Nov 2020RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft
1 Nov 2019RentedRenewal
AED 175,000/yr12 months · AED 72 per sqft
1 Nov 2018RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
1 May 2017RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
10 Dec 2015RentedRenewal
AED 360,000/yr12 months · AED 147 per sqft

Source: Dubai Land Department. Updated 1 May 2022.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
5th of 14
Parking
CB1-266
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 3.18M · November 2021

About 505, Marina Residences 6

505 is a three-bedroom apartment of 2,439 sqft on the 5th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 25 November 2021 for AED 3,175,000, or AED 1,301 per sqft, in line with the AED 1,264 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 May 2022, is AED 150,000 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 40,700 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Marina Residences 6
2M4M2010201420182022Typical sale price by year: 2010 AED 3,663,600; 2011 AED 3,361,500; 2012 AED 3,515,000; 2013 AED 3,206,500; 2014 AED 4,200,000; 2015 AED 4,840,000; 2017 AED 3,070,000; 2021 AED 3,200,000; 2022 AED 3,400,000; 2023 AED 4,650,000; 2024 AED 4,300,000Sold by developer, January 2011: AED 3,320,000 (AED 1,361 per sqft)Sold, February 2011: AED 2,200,000 (AED 902 per sqft)Sold, April 2011: AED 2,376,000 (AED 974 per sqft)Sold, November 2021: AED 3,175,000 (AED 1,301 per sqft)

505 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 505, each contractTypical three-bed in Marina Residences 6
200K300K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 210,000; 2014 AED 252,500; 2015 AED 220,000; 2016 AED 225,000; 2017 AED 190,000; 2018 AED 190,000; 2019 AED 171,000; 2020 AED 152,500; 2021 AED 161,000; 2022 AED 182,500; 2023 AED 240,750; 2024 AED 275,000; 2025 AED 290,000; 2026 AED 292,500New contract, October 2012: AED 200,000 a yearNew contract, October 2013: AED 240,000 a yearNew contract, December 2014: AED 360,000 a yearRenewal, December 2015: AED 360,000 a yearNew contract, May 2017: AED 180,000 a yearNew contract, November 2018: AED 180,000 a yearRenewal, November 2019: AED 175,000 a yearNew contract, November 2020: AED 160,000 a yearNew contract, May 2021: AED 150,000 a yearNew contract, May 2022: AED 150,000 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 6, and where 505 sits

All 50 3-beds →

505 last sold in November 2021 at AED 1,301 per sqft, in line with what three-beds in Marina Residences 6 were fetching at the time (AED 1,264). Over the last 12 months three-beds sold for AED 5,800,000 to 12,750,000, around AED 2,377 per sqft, and rent for AED 260,000 to 550,000 a year. 505's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 May 20269,500,000
27 Mar 20265,800,000
11 Dec 202512,750,000
22 Sep 20255,000,000
3 3-bed sales in the last 12 months

Marina Residences 6

Building

162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 11 sold in the last 12 months.

Typical price per sqft
AED 2,109 Up 7.7%
Typical sale
AED 4.18M
Typical rent
AED 195K /yr
Typical yield
4.9%
Marina Residences 6, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 162 units in Marina Residences 6
Value
5012-bedAED 1.4M · Sep 2020
5022-bedAED 4M · Mar 2025
5032-bedAED 3.55M · Jun 2025
5042-bedAED 1.5M · Mar 2011
5063-bedAED 1.8M · Nov 2010
5073-bedAED 3.97M · Sep 2010
5082-bedAED 2.34M · Jan 2017
1–7 of 10

505, Marina Residences 6 in numbers

  • Sold 4 times: first on 2 January 2011 for AED 3,320,000, last on 25 November 2021 for AED 3,175,000 (AED 1,301 per sqft).
  • Rented since October 2012 on 10 Ejari contracts, from AED 200,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 4.7%, before a service charge of about AED 40,700 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 6 sold for AED 5,800,000–12,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,109 per sqft.

Source: Dubai Land Department. Updated 1 May 2022.

Questions about 505, Marina Residences 6

What did unit 505 last sell for?

AED 3,175,000 on 25 November 2021: AED 1,301 per sqft for 2,439 sqft. The unit has 4 registered sales; the first was AED 3,320,000 in January 2011.

What is the rent for unit 505?

AED 150,000 a year on the contract signed on 1 May 2022. The previous contract, from May 2021, was AED 150,000; the unit has been rented since October 2012.

How big is unit 505?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.

What is unit 505 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 6 sold for AED 5,800,000 to 12,750,000 in the last 12 months, around AED 2,377 per sqft.

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Mortgage on 505, Marina Residences 6

Starts from the last sale price (AED 3.18M, 25 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,175,000
Deposit, UAE resident (20%)
AED 635,000
Deposit, non-resident (40%)
AED 1,270,000
Monthly over 25 years at 3.7%
AED 12,990

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