508, Marina Residences 5
Sold prices and rental history: sold once, by the developer in June 2016, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Marina Residences 5
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 5th of 14
- Parking
- CB1-194
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 2.81M · June 2016
- Building
- Marina Residences 5
About 508, Marina Residences 5
508 is a two-bedroom apartment of 1,746 sqft on the 5th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 5 June 2016 for AED 2,810,000, or AED 1,609 per sqft, 4% above the AED 1,551 two-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 8 February 2023, is AED 147,875 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 29,100 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 100 2-beds →508 last sold in June 2016 at AED 1,609 per sqft, 4% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,551). 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. 508's AED 147,875 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20257 July 2025 | 1,928 sqft | 4,400,000 | 2,282 | ||
| 24 Jun 202524 June 2025 | 1,778 sqft | 4,300,000 | 2,418 | ||
| 3 Jun 20253 June 2025 | 1,746 sqft | 4,200,000 | 2,405 | ||
| 27 May 202527 May 2025 | 1,735 sqft | 3,600,000 | 2,074 |
Marina Residences 5
Building162 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%
Other units on the 5th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,870 sqft | AED 2.78MAED 2,775,000 · Aug 2023August 2023 | 95,000 /yr | |
| 502 | 2-bed | 1,735 sqft | AED 3.6MAED 3,600,000 · May 2025May 2025 | 146,743 /yr | |
| 503 | 2-bed | 1,735 sqft | AED 1.4MAED 1,395,500 · Mar 2010March 2010 | 169,050 /yr | |
| 504 | 2-bed | 1,746 sqft | AED 2.7MAED 2,700,000 · Jun 2017June 2017 | 200,000 /yr | |
| 505 | 3-bed | 2,439 sqft | AED 2.53MAED 2,525,000 · Apr 2020April 2020 | ||
| 506 | 3-bed | 4,053 sqft | AED 6.07MAED 6,067,000 · Nov 2010November 2010 | 150,000 /yr | |
| 507 | 3-bed | 2,439 sqft | AED 4.38MAED 4,375,000 · Jul 2023July 2023 | 182,000 /yr | |
| 509 | 2-bed | 1,735 sqft | AED 2.79MAED 2,790,000 · Apr 2016April 2016 | 240,000 /yr | |
| 510 | 2-bed | 1,735 sqft | AED 2.75MAED 2,747,000 · Nov 2010November 2010 | 225,000 /yr | |
| 511 | 2-bed | 1,870 sqft | AED 2.03MAED 2,025,000 · Apr 2018April 2018 | 150,000 /yr |
508, Marina Residences 5 in numbers
- Sold once: by The Palm - Jumeirah Co on 5 June 2016 for AED 2,810,000, or AED 1,609 per sqft.
- Rented since August 2016 on 2 Ejari contracts, from AED 160,000 to AED 147,875 a year.
- At AED 147,875 a year the gross yield on the 2016 price is 5.3%, before a service charge of about AED 29,100 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 8 February 2023.
Questions about 508, Marina Residences 5
What did unit 508 last sell for?
AED 2,810,000 on 5 June 2016, sold by the developer: AED 1,609 per sqft for 1,746 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 147,875 a year on the contract renewed on 8 February 2023. The previous contract, from August 2016, was AED 160,000.
How big is unit 508?
1,746 sqft (162.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 508 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 508, Marina Residences 5
Starts from the last sale price (AED 2.81M, 5 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,810,000
- Deposit, UAE resident (20%)
- AED 562,000
- Deposit, non-resident (40%)
- AED 1,124,000
- Monthly over 25 years at 3.7%
- AED 11,497
Plus AED 123,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →