Marina Residences 5
4 BR · Penthouse
Where it is
The pin is placed by district — I send the exact address on request.
Palm Jumeirah
The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
- short-let income
- beachfront living
- capital preservation
What to check: Confirm in writing that the specific building permits holiday lets before you underwrite any short-let income, and model summer and winter occupancy separately — beach-driven demand falls sharply from June to September.
Full district guide →Questions and answers about lot NP4-551945
How much is this 4-bedroom penthouse in Marina Residences 5?
Lot NP4-551945 is priced at AED 30 900 000, about $8 414 000. The size is 10 254 sq ft (953 m²), which works out at AED 3 013 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 32 500 000; it is now AED 30 900 000 — AED 1 600 000 less, or 5%.
Is this expensive or cheap for Palm Jumeirah?
The database holds 226 lots in Palm Jumeirah, starting from AED 1 220 000. The area median is AED 4 224 per sq ft; this lot, at AED 3 013, is 29% below it. 35 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Palm Jumeirah area guide →Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 30%, here AED 9 270 000; a loan of AED 21 630 000 over 25 years at 3.75–4.99% a year comes to roughly AED 111 200–126 300 a month. A non-resident puts down from 40% (AED 12 360 000) and pays about AED 95 300–108 300 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 1 236 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 30 900 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-551945 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Marina Residences 5
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