3-bed · 4,098 sqftMarina Residences 5, Palm Jumeirah · -1th floor · completed 2009

TH02, Marina Residences 5

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH02 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 4.2M2 March 2014
Current rentAED 237K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH02, Marina Residences 5

What is TH02 worth today?

Last sold for AED 4,200,000 in 2014

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1 Jan 2025RentedRenewal
AED 236,500/yr12 months · AED 58 per sqft
1 Jan 2024RentedRenewal
AED 215,000/yr12 months · AED 52 per sqft
1 Jan 2023RentedRenewal
AED 198,000/yr12 months · AED 48 per sqft
1 Dec 2019RentedRenewal
AED 175,000/yr12 months · AED 43 per sqft
1 Dec 2018RentedRenewal
AED 205,000/yr12 months · AED 50 per sqft
1 Oct 2017RentedRenewal
AED 265,000/yr14 months · AED 65 per sqft
20 Aug 2015RentedRenewal
AED 265,000/yr12 months · AED 65 per sqft
2 Mar 2014Sold by developerReady
AED 4,200,000AED 1,025 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2025.

Key facts

Type
3-bed apartment
Size
4,098 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 68,300 /yr
Last sold
AED 4.2M · March 2014

About TH02, Marina Residences 5

TH02 is a three-bedroom apartment of 4,098 sqft on the -1th 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 2 March 2014 for AED 4,200,000, or AED 1,025 per sqft, in line with the AED 1,026 three-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 1 January 2025, is AED 236,500 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 68,300 a year.

Sales and rents for TH02 over time

Sales
Unit TH02, each saleTypical three-bed in Marina Residences 5
4M6M20102014201820222026Typical sale price by year: 2010 AED 4,495,000; 2011 AED 3,529,900; 2012 AED 3,500,000; 2013 AED 3,650,900; 2014 AED 4,200,000; 2019 AED 3,900,000; 2020 AED 2,837,500; 2021 AED 3,840,000; 2022 AED 3,850,000; 2023 AED 4,562,500; 2025 AED 7,125,998Sold by developer, March 2014: AED 4,200,000 (AED 1,025 per sqft)

TH02 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH02, each contractTypical three-bed in Marina Residences 5
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 225,000; 2014 AED 238,000; 2015 AED 250,000; 2016 AED 235,000; 2017 AED 230,000; 2018 AED 204,039; 2019 AED 180,000; 2020 AED 170,000; 2021 AED 170,000; 2022 AED 175,450; 2023 AED 205,000; 2024 AED 256,500; 2025 AED 320,000Renewal, August 2015: AED 265,000 a yearRenewal, October 2017: AED 265,000 a yearRenewal, December 2018: AED 205,000 a yearRenewal, December 2019: AED 175,000 a yearRenewal, January 2023: AED 198,000 a yearRenewal, January 2024: AED 215,000 a yearRenewal, January 2025: AED 236,500 a year

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 TH02 sits

All 45 3-beds →

TH02 last sold in March 2014 at AED 1,025 per sqft, in line with what three-beds in Marina Residences 5 were fetching at the time (AED 1,026). 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 salesUnit no.Price (AED)Summary
26 Jun 20257,651,995
24 Jun 20256,600,000
21 Apr 20256,100,000
20 Mar 202512,000,000
1 3-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. 3 sold in the last 12 months.

Typical price per sqft
AED 2,278
Typical sale
AED 4.65M
Typical rent
AED 209K /yr
Typical yield
4.5%
Marina Residences 5, Palm Jumeirah: prices, sales and rents →

Other units on the -1th floor

All 162 units in Marina Residences 5
Value
LG013-bedAED 6.1M · Apr 2025
LG023-bedAED 5.6M · Jan 2023
LG03AED 6.15M · Nov 2025
TH012-bedAED 6.15M · Sep 2024
TH033-bedAED 4.2M · Jan 2014
TH043-bedAED 3.5M · May 2012
TH053-bedAED 5.16M · Mar 2011
1–7 of 10

TH02, Marina Residences 5 in numbers

  • Sold once: by The Palm - Jumeirah Co on 2 March 2014 for AED 4,200,000, or AED 1,025 per sqft.
  • Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 265,000 to AED 175,000 in 2019 and recovered to AED 236,500 by January 2025.
  • At AED 236,500 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 68,300 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 2,278 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2025.

Questions about TH02, Marina Residences 5

What did unit TH02 last sell for?

AED 4,200,000 on 2 March 2014, sold by the developer: AED 1,025 per sqft for 4,098 sqft. It is the only registered sale of the unit.

What is the rent for unit TH02?

AED 236,500 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 215,000; the unit has been rented since August 2015.

How big is unit TH02?

4,098 sqft (380.7 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH02 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 TH02, Marina Residences 5

Starts from the last sale price (AED 4.2M, 2 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →