2-bed · 2,046 sqftMarina Residences 5, Palm Jumeirah · 1st floor · completed 2009

102, Marina Residences 5

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 4 October 2023
Last soldAED 3.11M4 October 2023
Current rentAED 160K /yr16 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Marina Residences 5

What is 102 worth today?

Last sold for AED 3,110,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Oct 2023SoldReady
AED 3,110,000AED 1,520 per sqft
16 Jul 2022RentedNew contract
AED 160,000/yr12 months · AED 78 per sqft
21 Dec 2021RentedNew contract
AED 148,000/yr12 months · AED 72 per sqft
1 Dec 2020RentedNew contract
AED 105,000/yr12 months · AED 51 per sqft
10 Sep 2019RentedNew contract
AED 130,000/yr12 months · AED 64 per sqft
18 May 2018RentedRenewal
AED 145,000/yr12 months · AED 71 per sqft
18 May 2017RentedNew contract
AED 160,000/yr12 months · AED 78 per sqft
15 Nov 2015RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 October 2023.

Key facts

Type
2-bed apartment
Size
2,046 sqft
Floor
1st of 14
Parking
5-B209
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 3.11M · October 2023

About 102, Marina Residences 5

102 is a two-bedroom apartment of 2,046 sqft on the 1st floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 4 October 2023 for AED 3,110,000, or AED 1,520 per sqft, in line with the AED 1,520 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 16 July 2022, is AED 160,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 34,100 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in Marina Residences 5
2M4M20102014201820222026Typical sale price by year: 2010 AED 2,726,600; 2011 AED 2,640,400; 2012 AED 2,544,800; 2013 AED 2,544,200; 2014 AED 3,000,000; 2015 AED 2,800,000; 2016 AED 2,695,500; 2017 AED 2,547,400; 2018 AED 2,250,000; 2019 AED 1,520,000; 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 4,200,000Sold by developer, March 2012: AED 1,344,150 (AED 657 per sqft)Sold, December 2013: AED 2,575,000 (AED 1,258 per sqft)Sold, October 2023: AED 3,110,000 (AED 1,520 per sqft)

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

Rents
Unit 102, each contractTypical two-bed in Marina Residences 5
100K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 145,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 168,000; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 130,250; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 140,000; 2023 AED 170,000; 2024 AED 190,000; 2025 AED 195,000; 2026 AED 230,000New contract, October 2013: AED 145,000 a yearNew contract, November 2015: AED 180,000 a yearNew contract, May 2017: AED 160,000 a yearRenewal, May 2018: AED 145,000 a yearNew contract, September 2019: AED 130,000 a yearNew contract, December 2020: AED 105,000 a yearNew contract, December 2021: AED 148,000 a yearNew contract, July 2022: AED 160,000 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 102 sits

All 100 2-beds →

102 last sold in October 2023 at AED 1,520 per sqft, in line with what two-beds in Marina Residences 5 were fetching at the time (AED 1,520). Over the last 12 months two-beds sold for AED 4,650,000, around AED 2,278 per sqft, and rent for AED 150,000 to 257,500 a year. 102's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20254,400,000
24 Jun 20254,300,000
3 Jun 20254,200,000
27 May 20253,600,000
1 2-bed sale 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. 2 sold in the last 12 months.

Typical price per sqft
AED 2,647
Typical sale
AED 6.45M
Typical rent
AED 209K /yr
Typical yield
3.9%
Marina Residences 5, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 162 units in Marina Residences 5
Value
101AED 3.85M · Sep 2025
1032-bedAED 2.5M · Mar 2022
1042-bedAED 3.18M · Feb 2014
105AED 8.25M · Dec 2025
1063-bedAED 6.55M · Jul 2023
1073-bedAED 4.5M · May 2023
1082-bedAED 2.8M · Feb 2023
1–7 of 10

102, Marina Residences 5 in numbers

  • Sold 3 times: first on 4 March 2012 for AED 1,344,150, last on 4 October 2023 for AED 3,110,000 (AED 1,520 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 105,000 in 2020 and recovered to AED 160,000 by July 2022.
  • At AED 160,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 34,100 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 5 sold for AED 4,650,000–4,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,647 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 October 2023.

Questions about 102, Marina Residences 5

What did unit 102 last sell for?

AED 3,110,000 on 4 October 2023: AED 1,520 per sqft for 2,046 sqft. The unit has 3 registered sales; the first was AED 1,344,150 in March 2012.

What is the rent for unit 102?

AED 160,000 a year on the contract signed on 16 July 2022. The previous contract, from December 2021, was AED 148,000; the unit has been rented since October 2013.

How big is unit 102?

2,046 sqft (190.1 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 102 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 4,650,000 to 4,650,000 in the last 12 months, around AED 2,278 per sqft.

Selling 102? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 102, Marina Residences 5

Starts from the last sale price (AED 3.11M, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,110,000
Deposit, UAE resident (20%)
AED 622,000
Deposit, non-resident (40%)
AED 1,244,000
Monthly over 25 years at 3.7%
AED 12,724

Plus AED 135,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →