2-bed · 3,996 sqftMarina Residences 6, Palm Jumeirah · -1th floor · completed 2009

TH05, Marina Residences 6

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH05 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 5M2 November 2023
Current rentAED 200K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH05, Marina Residences 6

What is TH05 worth today?

Last sold for AED 5,000,000 in 2023

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2 Nov 2023SoldReady
AED 5,000,000AED 1,251 per sqft
14 Nov 2022SoldReady
AED 4,300,000AED 1,076 per sqft
1 Jun 2021RentedNew contract
AED 200,000/yr12 months · AED 50 per sqft
16 Mar 2020RentedNew contract
AED 195,000/yr12 months · AED 49 per sqft
28 Jan 2019RentedNew contract
AED 200,000/yr12 months · AED 50 per sqft
28 Jan 2018RentedNew contract
AED 205,000/yr12 months · AED 51 per sqft
2 Nov 2017RentedNew contract · flagged as an outlier
AED 30,000/yr12 months · AED 8 per sqft
24 Mar 2016RentedNew contract
AED 200,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
2-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 5M · November 2023

About TH05, Marina Residences 6

TH05 is a two-bedroom apartment of 3,996 sqft on the -1th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 2 November 2023 for AED 5,000,000, or AED 1,251 per sqft, 14% below the AED 1,454 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 June 2021, is AED 200,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 66,600 a year.

Sales and rents for TH05 over time

Sales
Unit TH05, each saleTypical two-bed in Marina Residences 6
2M4M2010201520202025Typical sale price by year: 2010 AED 2,832,750; 2011 AED 2,817,400; 2012 AED 1,936,900; 2013 AED 2,400,000; 2014 AED 2,564,200; 2015 AED 2,845,000; 2016 AED 2,387,500; 2017 AED 2,272,500; 2018 AED 1,900,000; 2019 AED 1,718,710; 2020 AED 1,415,718; 2021 AED 1,870,456; 2022 AED 2,312,500; 2023 AED 2,650,000; 2024 AED 3,450,000; 2025 AED 3,850,000; 2026 AED 3,525,000Sold by developer, January 2015: AED 4,737,300 (AED 1,185 per sqft)Sold, December 2015: AED 3,200,000 (AED 800 per sqft)Sold, November 2022: AED 4,300,000 (AED 1,076 per sqft)Sold, November 2023: AED 5,000,000 (AED 1,251 per sqft)

TH05 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH05, each contractTypical two-bed in Marina Residences 6
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 145,000; 2014 AED 166,930; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 122,500; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 126,000; 2023 AED 167,000; 2024 AED 190,000; 2025 AED 197,500; 2026 AED 186,500New contract, March 2016: AED 200,000 a yearNew contract, January 2018: AED 205,000 a yearNew contract, January 2019: AED 200,000 a yearNew contract, March 2020: AED 195,000 a yearNew contract, June 2021: AED 200,000 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 6, and where TH05 sits

All 106 2-beds →

TH05 last sold in November 2023 at AED 1,251 per sqft, 14% below what two-beds in Marina Residences 6 were fetching at the time (AED 1,454). Over the last 12 months two-beds sold for AED 3,350,000 to 4,180,000, around AED 2,046 per sqft, and rent for AED 152,748 to 370,000 a year. TH05's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20263,550,000
29 Jul 20263,750,000
13 Jul 20263,425,000
5 Jun 20263,350,000
7 2-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 198K /yr
Typical yield
5.0%
Marina Residences 6, Palm Jumeirah: prices, sales and rents →

Other units on the -1th floor

All 162 units in Marina Residences 6
Value
LG013-bedAED 4.4M · May 2024
LG023-bedAED 5.5M · Jun 2023
LG033-bedAED 3.1M · Jul 2021
TH012-bedAED 3.35M · Feb 2018
TH023-bedAED 4M · Feb 2014
TH033-bedAED 4.2M · Jan 2014
TH043-bedAED 3.68M · Aug 2017
1–7 of 10

TH05, Marina Residences 6 in numbers

  • Sold 4 times: first on 19 January 2015 for AED 4,737,300, last on 2 November 2023 for AED 5,000,000 (AED 1,251 per sqft).
  • Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 200,000 to AED 30,000 in 2017 and recovered to AED 200,000 by June 2021.
  • At AED 200,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 66,600 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 6 sold for AED 3,350,000–4,180,000 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 2 November 2023.

Questions about TH05, Marina Residences 6

What did unit TH05 last sell for?

AED 5,000,000 on 2 November 2023: AED 1,251 per sqft for 3,996 sqft. The unit has 4 registered sales; the first was AED 4,737,300 in January 2015.

What is the rent for unit TH05?

AED 200,000 a year on the contract signed on 1 June 2021. The previous contract, from March 2020, was AED 195,000; the unit has been rented since March 2016.

How big is unit TH05?

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

What is unit TH05 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 6 sold for AED 3,350,000 to 4,180,000 in the last 12 months, around AED 2,046 per sqft.

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Mortgage on TH05, Marina Residences 6

Starts from the last sale price (AED 5M, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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