G02, Marina Residences 5
Sold prices and rental history: sold 3 times, last in January 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G02, Marina Residences 5
What is G02 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 January 2020.
Key facts
- Type
- Apartment
- Size
- 4,947 sqft
- Floor
- Ground of 14
- Parking
- 5-B107, 5-B108
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 82,500 /yr
- Last sold
- AED 4M · January 2020
- Building
- Marina Residences 5
About G02, Marina Residences 5
G02 is an apartment of 4,947 sqft on the ground floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 13 January 2020 for AED 4,000,000, or AED 808 per sqft.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 15 February 2015, is AED 273,000 a year: a gross yield of 6.8% on the 2020 price, before the service charge of about AED 82,500 a year.
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 ground floor
All 162 units in Marina Residences 5G02, Marina Residences 5 in numbers
- Sold 3 times: first on 10 March 2011 for AED 2,897,000, last on 13 January 2020 for AED 4,000,000 (AED 808 per sqft).
- Rented since February 2014 on 2 Ejari contracts, at AED 273,000 a year.
- At AED 273,000 a year the gross yield on the 2020 price is 6.8%, before a service charge of about AED 82,500 a year (AED 16.67 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 13 January 2020.
Questions about G02, Marina Residences 5
What did unit G02 last sell for?
AED 4,000,000 on 13 January 2020: AED 808 per sqft for 4,947 sqft. The unit has 3 registered sales; the first was AED 2,897,000 in March 2011.
What is the rent for unit G02?
AED 273,000 a year on the contract signed on 15 February 2015. The previous contract, from February 2014, was AED 273,000.
How big is unit G02?
4,947 sqft (459.6 sqm): an apartment on the ground floor of a 14-storey tower completed in 2009.
What is unit G02 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on G02, Marina Residences 5
Starts from the last sale price (AED 4M, 13 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →