706, Marina Residences 5
Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Marina Residences 5
What is 706 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 4,054 sqft
- Floor
- 7th of 14
- Parking
- 5-B128, 5-B129
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 12M · March 2025
- Building
- Marina Residences 5
About 706, Marina Residences 5
706 is a three-bedroom apartment of 4,054 sqft on the 7th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 20 March 2025 for AED 12,000,000, or AED 2,960 per sqft, in line with the AED 2,960 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 18 October 2024, is AED 414,750 a year: a gross yield of 3.5% on the 2025 price, before the service charge of about AED 67,600 a year.
Sales and rents for 706 over time
706 has sold twice; the dashed line is the three-bed median of each year in the building.
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 5, and where 706 sits
All 45 3-beds →706 last sold in March 2025 at AED 2,960 per sqft, in line with what three-beds in Marina Residences 5 were fetching at the time (AED 2,960). Over the last 12 months three-beds sold for AED 8,250,000, around AED 3,015 per sqft, and rent for AED 300,000 to 530,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202526 June 2025 | 4,054 sqft | 7,651,995 | 1,887 | ||
| 24 Jun 202524 June 2025 | 4,054 sqft | 6,600,000 | 1,628 | ||
| 21 Apr 202521 April 2025 | 2,751 sqft | 6,100,000 | 2,217 | ||
| 20 Dec 202420 December 2024 | 2,439 sqft | 7,800,000 | 3,198 |
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 7th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,870 sqft | AED 2.85MAED 2,850,000 · Mar 2014March 2014 | 135,000 /yr | |
| 702 | 2-bed | 1,735 sqft | AED 2.73MAED 2,726,600 · Oct 2010October 2010 | 195,000 /yr | |
| 703 | 2-bed | 1,735 sqft | AED 3.73MAED 3,727,600 · Sep 2011September 2011 | 154,010 /yr | |
| 704 | 2-bed | 1,746 sqft | AED 2.85MAED 2,850,000 · Dec 2022December 2022 | 200,000 /yr | |
| 705 | 2,439 sqft | AED 6MAED 6,000,000 · Sep 2025September 2025 | 300,000 /yr | ||
| 707 | 3-bed | 2,439 sqft | AED 2.4MAED 2,400,000 · Feb 2020February 2020 | ||
| 708 | 2-bed | 1,746 sqft | AED 2.55MAED 2,550,000 · Feb 2018February 2018 | 257,500 /yr | |
| 709 | 2-bed | 1,735 sqft | AED 3.28MAED 3,280,000 · Jun 2024June 2024 | 115,000 /yr | |
| 710 | 2-bed | 1,735 sqft | AED 2.8MAED 2,800,000 · Mar 2015March 2015 | 205,000 /yr | |
| 711 | 2-bed | 1,870 sqft | AED 1.73MAED 1,725,000 · Feb 2021February 2021 | 110,000 /yr |
706, Marina Residences 5 in numbers
- Sold twice: first on 13 October 2011 for AED 4,630,000, last on 20 March 2025 for AED 12,000,000 (AED 2,960 per sqft).
- Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 320,000 to AED 225,000 in 2020 and recovered to AED 414,750 by October 2024.
- At AED 414,750 a year the gross yield on the 2025 price is 3.5%, before a service charge of about AED 67,600 a year (AED 16.67 per sqft).
- Three-beds in Marina Residences 5 sold for AED 8,250,000–8,250,000 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 20 March 2025.
Questions about 706, Marina Residences 5
What did unit 706 last sell for?
AED 12,000,000 on 20 March 2025: AED 2,960 per sqft for 4,054 sqft. The unit has 2 registered sales; the first was AED 4,630,000 in October 2011.
What is the rent for unit 706?
AED 414,750 a year on the contract renewed on 18 October 2024. The previous contract, from October 2022, was AED 395,000; the unit has been rented since June 2013.
How big is unit 706?
4,054 sqft (376.6 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 706 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 5 sold for AED 8,250,000 to 8,250,000 in the last 12 months, around AED 3,015 per sqft.
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Mortgage on 706, Marina Residences 5
Starts from the last sale price (AED 12M, 20 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 12,000,000
- Deposit, UAE resident (20%)
- AED 2,400,000
- Deposit, non-resident (40%)
- AED 4,800,000
- Monthly over 25 years at 3.7%
- AED 49,096
Plus AED 509,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →