2-bed · 1,735 sqftMarina Residences 5, Palm Jumeirah · 7th floor · completed 2009

710, Marina Residences 5

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 2.8M1 March 2015
Current rentAED 205K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Marina Residences 5

What is 710 worth today?

Last sold for AED 2,800,000 in 2015

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10 Jun 2024RentedNew contract
AED 205,000/yr12 months · AED 118 per sqft
1 May 2023RentedNew contract
AED 205,000/yr12 months · AED 118 per sqft
9 Apr 2020RentedNew contract
AED 134,000/yr12 months · AED 77 per sqft
17 May 2019RentedRenewal
AED 148,000/yr12 months · AED 85 per sqft
17 May 2018RentedRenewal
AED 160,000/yr12 months · AED 92 per sqft
14 May 2016RentedNew contract
AED 168,000/yr12 months · AED 97 per sqft
1 Mar 2015SoldReady
AED 2,800,000AED 1,613 per sqft
2 Mar 2014RentedNew contract
AED 130,350/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
7th of 14
Parking
CB1-173
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.8M · March 2015

About 710, Marina Residences 5

710 is a two-bedroom apartment of 1,735 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 1 March 2015 for AED 2,800,000, or AED 1,613 per sqft, 5% above the AED 1,535 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 10 June 2024, is AED 205,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 28,900 a year.

Sales and rents for 710 over time

Sales
Unit 710, 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, January 2011: AED 3,741,200 (AED 2,155 per sqft)Sold, March 2015: AED 2,800,000 (AED 1,613 per sqft)

710 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 710, 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, March 2013: AED 129,653 a yearNew contract, March 2014: AED 130,350 a yearNew contract, May 2016: AED 168,000 a yearRenewal, May 2018: AED 160,000 a yearRenewal, May 2019: AED 148,000 a yearNew contract, April 2020: AED 134,000 a yearNew contract, May 2023: AED 205,000 a yearNew contract, June 2024: AED 205,000 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 710 sits

All 100 2-beds →

710 last sold in March 2015 at AED 1,613 per sqft, 5% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,535). 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. 710's AED 205,000 is in the upper 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 7th floor

All 162 units in Marina Residences 5
Value
7012-bedAED 2.85M · Mar 2014
7022-bedAED 2.73M · Oct 2010
7032-bedAED 3.73M · Sep 2011
7042-bedAED 2.85M · Dec 2022
705AED 6M · Sep 2025
7063-bedAED 12M · Mar 2025
7073-bedAED 2.4M · Feb 2020
1–7 of 10

710, Marina Residences 5 in numbers

  • Sold twice: first on 2 January 2011 for AED 3,741,200, last on 1 March 2015 for AED 2,800,000 (AED 1,613 per sqft).
  • Rented since March 2013 on 8 Ejari contracts, from AED 129,653 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 28,900 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 10 June 2024.

Questions about 710, Marina Residences 5

What did unit 710 last sell for?

AED 2,800,000 on 1 March 2015: AED 1,613 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 3,741,200 in January 2011.

What is the rent for unit 710?

AED 205,000 a year on the contract signed on 10 June 2024. The previous contract, from May 2023, was AED 205,000; the unit has been rented since March 2013.

How big is unit 710?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 710 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 710, Marina Residences 5

Starts from the last sale price (AED 2.8M, 1 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →