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YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT

Building Guide · Palm Jumeirah

Marina Residences 5, Palm Jumeirah

Marina Residences 5 is a 14-storey residential tower on the trunk of Palm Jumeirah, developed by Nakheel Properties and completed in 2009. It forms part of the wider six-building Marina Residences complex, offering two and three-bedroom apartments alongside a smaller run of four-bedroom duplex penthouses, and Royale Stays manages the setup, pricing and guest side of listing a unit for a fee from 15%.

Storeys

14

Developer

Nakheel Properties

Completed

2009

Units

2-3BR + 4BR duplex penthouses

Area

Palm Jumeirah Trunk

Aerial view of Palm Jumeirah waterfront towers and marina at sunset with boats on the water

About Marina Residences 5

Marina Residences 5 is a 14-storey residential tower on the trunk of Palm Jumeirah, developed by Nakheel Properties and designed by Dar Al Handasah HHCP Design International. The tower was launched in 2006 and completed in 2009, and sits on the right side of the Palm's trunk next to the Tiara Residences towers, directly opposite Nakheel Mall.

It forms part of the wider Marina Residences complex: six high-end residential buildings, numbered Marina Residences 1 through 6, plus 48 separate townhouses, all built by Nakheel along the same stretch of the trunk. Marina Residences 5 offers two and three-bedroom apartments as its core unit mix, alongside a smaller collection of four-bedroom duplex penthouses on the upper floors, most with partial or full sea views toward the Palm's crescent.


Location & Nearby Landmarks

Marina Residences 5 sits on Palm Jumeirah's trunk, directly across from Nakheel Mall and within walking distance of the Palm Monorail and Palm Jumeirah Tram, both of which connect through to Dubai Marina and the wider Dubai Metro network. The Pointe and Atlantis The Palm are a short drive away, and Dubai International Airport is roughly 30 minutes by car outside peak traffic. For a wider view of the island's short-term rental market, Royale Stays' Airbnb management guide for Palm Jumeirah covers licensing and demand across the Palm.

Palm Jumeirah's trunk carries several other Nakheel-built apartment towers covered separately on royalestays.com, including Marina Residences 4, Marina Residences 6 and Shoreline Apartments Building 6, each with its own layout and unit mix.


Unit Types

Marina Residences 5 offers two and three-bedroom apartments as its core unit mix, plus a smaller run of four-bedroom duplex penthouses on the top floors. Layouts follow a similar footprint across the wider Marina Residences cluster, with most units carrying partial or full sea views toward the Palm's crescent and Dubai Marina skyline beyond.


Amenities

Residents have access to a shared swimming pool, an equipped gym and a dedicated children's play area, along with 24-hour security, on-site maintenance, dedicated parking, separate passenger and service lifts, and 24-hour concierge with guest lobby services. The building is pet-friendly, and units come fitted with intercoms and fire-fighting systems.


Transportation & Access

The tower's trunk-road position gives direct access on and off Palm Jumeirah via Al Sufouh Road, with the Palm Monorail and Palm Jumeirah Tram both within walking distance, connecting through to Dubai Marina and the Dubai Metro's Red Line. Dubai Marina and JBR are a short drive away, and Dubai International Airport is roughly 30 minutes by car outside peak traffic.


Property portal listings show asking rents for two and three-bedroom apartments in Marina Residences 5 running from around AED 120,000 to AED 180,000 a year, with larger three-bedroom units listed closer to AED 230,000. Resale asking prices average roughly AED 2,140 per square foot, with move-in-ready units listed from around AED 1,330,000. These are asking figures from live portal listings, not confirmed Dubai Land Department transaction records, and owners weighing a specific unit's short-term rental numbers can run their own scenario through Royale Stays' ROI calculator.


Airbnb / Short-Term Rental Income Potential

Renting a Marina Residences 5 apartment short-term needs a DTCM holiday home permit, professional photography, dynamic pricing, round-the-clock guest communication, housekeeping between stays, and owners-association coordination. Royale Stays runs the full operation for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications, with a single monthly statement covering revenue, fee, costs and net transfer.

Nakheel is Marina Residences 5's developer and building manager, not a hotel brand: there is no policy reason, unlike Vida, the site's only confirmed prohibited brand, that Marina Residences 5 apartments can't be run as licensed holiday homes. The wider operational approach is covered in Royale Stays' guide to Airbnb property management in Dubai. Owners ready to move forward can submit their property for a free earnings estimate.

Income context reviewed by Chris Veinbaums, DTCM-licensed operator.



Questions

Frequently Asked Questions

Marina Residences 5 sits on the trunk of Palm Jumeirah, Dubai, developed by Nakheel Properties and completed in 2009, next to the Tiara Residences towers and directly opposite Nakheel Mall.
No. Marina Residences 5 is one of six separate, individually numbered towers (Marina Residences 1 through 6) built by Nakheel along the same stretch of Palm Jumeirah’s trunk, alongside 48 separate townhouses. It has its own layout, unit mix and Dubai Land Department project registration, and is not the same building or a phase of any of the other Marina Residences towers.
Marina Residences 5 offers two and three-bedroom apartments as its core unit mix, plus a smaller collection of four-bedroom duplex penthouses on the upper floors.
Yes. Every Dubai short-term rental requires a DTCM holiday home permit. A management company can submit the application for you, including for owners based overseas.
Yes. Royale Stays manages remotely for overseas owners, covering the DTCM permit, guest operations, housekeeping and maintenance, with monthly income transferred to the owner.