2-bed · 2,019 sqftMarina Residences 5, Palm Jumeirah · 11th floor · completed 2009

1111, Marina Residences 5

Sold prices and rental history: sold 3 times, last in May 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 27 May 2022
Last soldAED 2.37M27 May 2022
Current rentAED 105K /yr4 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1111, Marina Residences 5

What is 1111 worth today?

Last sold for AED 2,368,125 in 2022

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27 May 2022SoldReady
AED 2,368,125AED 1,172 per sqft
4 Feb 2021RentedRenewal
AED 105,000/yr12 months · AED 52 per sqft
3 Feb 2019RentedRenewal
AED 137,106/yr12 months · AED 68 per sqft
3 Feb 2018RentedNew contract
AED 137,500/yr12 months · AED 68 per sqft
10 Jun 2014SoldReady
AED 3,100,000AED 1,535 per sqft
27 Apr 2014Sold by developerReady
AED 2,692,800AED 1,333 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2022.

Key facts

Type
2-bed apartment
Size
2,019 sqft
Floor
11th of 14
Parking
CB1-43
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 33,700 /yr
Last sold
AED 2.37M · May 2022

About 1111, Marina Residences 5

1111 is a two-bedroom apartment of 2,019 sqft on the 11th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 27 May 2022 for AED 2,368,125, or AED 1,172 per sqft, in line with the AED 1,197 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 4 February 2021, is AED 105,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 33,700 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, April 2014: AED 2,692,800 (AED 1,333 per sqft)Sold, June 2014: AED 3,100,000 (AED 1,535 per sqft)Sold, May 2022: AED 2,368,125 (AED 1,172 per sqft)

1111 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1111, 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, February 2018: AED 137,500 a yearRenewal, February 2019: AED 137,106 a yearRenewal, February 2021: AED 105,000 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 1111 sits

All 100 2-beds →

1111 last sold in May 2022 at AED 1,172 per sqft, in line with what two-beds in Marina Residences 5 were fetching at the time (AED 1,197). 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. 1111's AED 105,000 is at the bottom 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 11th floor

All 162 units in Marina Residences 5
Value
11012-bedAED 2.57M · Jan 2012
11022-bedAED 3.35M · Apr 2014
11032-bedAED 2.85M · Feb 2010
11042-bedAED 2.64M · Feb 2018
11053-bedAED 4.1M · Mar 2023
11063-bedAED 7.65M · Jun 2025
1107AED 3.1M · Dec 2012
1–7 of 10

1111, Marina Residences 5 in numbers

  • Sold 3 times: first on 27 April 2014 for AED 2,692,800, last on 27 May 2022 for AED 2,368,125 (AED 1,172 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 137,500 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 33,700 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 27 May 2022.

Questions about 1111, Marina Residences 5

What did unit 1111 last sell for?

AED 2,368,125 on 27 May 2022: AED 1,172 per sqft for 2,019 sqft. The unit has 3 registered sales; the first was AED 2,692,800 in April 2014.

What is the rent for unit 1111?

AED 105,000 a year on the contract renewed on 4 February 2021. The previous contract, from February 2019, was AED 137,106; the unit has been rented since February 2018.

How big is unit 1111?

2,019 sqft (187.6 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2009.

What is unit 1111 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.

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Mortgage on 1111, Marina Residences 5

Starts from the last sale price (AED 2.37M, 27 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,368,125
Deposit, UAE resident (20%)
AED 473,625
Deposit, non-resident (40%)
AED 947,250
Monthly over 25 years at 3.7%
AED 9,689

Plus AED 104,471 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →