2-bed · 1,746 sqftMarina Residences 5, Palm Jumeirah · 8th floor · completed 2009

808, Marina Residences 5

Sold prices and rental history: sold once, by the developer in May 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 15 April 2022
Last soldAED 3.91M11 May 2011
Current rentAED 115K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Marina Residences 5

What is 808 worth today?

Last sold for AED 3,906,700 in 2011

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15 Apr 2022RentedRenewal
AED 115,000/yr12 months · AED 66 per sqft
15 Apr 2021RentedNew contract
AED 100,000/yr12 months · AED 57 per sqft
25 Sep 2019RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
25 Sep 2018RentedNew contract
AED 130,000/yr12 months · AED 74 per sqft
24 Aug 2017RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
4 Aug 2016RentedNew contract
AED 175,000/yr12 months · AED 100 per sqft
1 Aug 2015RentedNew contract
AED 175,000/yr12 months · AED 100 per sqft
11 May 2011Sold by developerReady
AED 3,906,700AED 2,237 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2022.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
8th of 14
Parking
CB1-180
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 3.91M · May 2011

About 808, Marina Residences 5

808 is a two-bedroom apartment of 1,746 sqft on the 8th 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 11 May 2011 for AED 3,906,700, or AED 2,237 per sqft, 51% above the AED 1,486 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 April 2022, is AED 115,000 a year: a gross yield of 2.9% on the 2011 price, before the service charge of about AED 29,100 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, May 2011: AED 3,906,700 (AED 2,237 per sqft)

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

Rents
Unit 808, 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, August 2015: AED 175,000 a yearNew contract, August 2016: AED 175,000 a yearNew contract, August 2017: AED 160,000 a yearNew contract, September 2018: AED 130,000 a yearRenewal, September 2019: AED 120,000 a yearNew contract, April 2021: AED 100,000 a yearRenewal, April 2022: AED 115,000 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 808 sits

All 100 2-beds →

808 last sold in May 2011 at AED 2,237 per sqft, 51% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,486). 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. 808's AED 115,000 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 8th floor

All 162 units in Marina Residences 5
Value
8012-bedAED 2.28M · Mar 2013
8022-bedAED 1.94M · Mar 2010
8032-bedAED 2.66M · Oct 2013
8042-bedAED 2.7M · Dec 2014
8053-bedAED 3.61M · May 2011
8063-bedAED 3.9M · Jun 2019
8073-bedAED 7.8M · Dec 2024
1–7 of 10

808, Marina Residences 5 in numbers

  • Sold once: by The Palm - Jumeirah Co on 11 May 2011 for AED 3,906,700, or AED 2,237 per sqft.
  • Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 175,000 to AED 100,000 in 2021 and recovered to AED 115,000 by April 2022.
  • At AED 115,000 a year the gross yield on the 2011 price is 2.9%, 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 15 April 2022.

Questions about 808, Marina Residences 5

What did unit 808 last sell for?

AED 3,906,700 on 11 May 2011, sold by the developer: AED 2,237 per sqft for 1,746 sqft. It is the only registered sale of the unit.

What is the rent for unit 808?

AED 115,000 a year on the contract renewed on 15 April 2022. The previous contract, from April 2021, was AED 100,000; the unit has been rented since August 2015.

How big is unit 808?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2009.

What is unit 808 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 808, Marina Residences 5

Starts from the last sale price (AED 3.91M, 11 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,906,700
Deposit, UAE resident (20%)
AED 781,340
Deposit, non-resident (40%)
AED 1,562,680
Monthly over 25 years at 3.7%
AED 15,984

Plus AED 169,091 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →