101, La Residencia Del Mar
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 101, La Residencia Del Mar
What is 101 worth today?
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Source: Dubai Land Department. Updated 10 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,352 sqft
- Floor
- 1st of 13
- Parking
- 62,63
- Developer
- Palma Holding
- Completed
- 2006
- Service charge
- AED 33,900 /yr
- Last sold
- AED 1.65M · July 2008
- Building
- La Residencia Del Mar
About 101, La Residencia Del Mar
101 is a two-bedroom apartment of 2,352 sqft on the 1st floor of La Residencia Del Mar, a 13-storey tower in Dubai Marina completed in 2006 by Palma Holding. The developer sold it on 27 July 2008 for AED 1,648,200, or AED 700 per sqft, 11% above the AED 631 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 125,000 a year: a gross yield of 7.6% on the 2008 price, before the service charge of about AED 33,900 a year.
Sales and rents for 101 over time
101 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in La Residencia Del Mar, and where 101 sits
All 12 2-beds →101 last sold in July 2008 at AED 700 per sqft, 11% above what two-beds in La Residencia Del Mar were fetching at the time (AED 631). 101's AED 125,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202325 December 2023 | 2,352 sqft | 2,500,000 | 1,062 | ||
| 6 Jun 20226 June 2022 | 2,352 sqft | 2,000,000 | 850 | ||
| 6 Apr 20226 April 2022 | 2,352 sqft | 1,850,000 | 786 | ||
| 2 Mar 20212 March 2021 | 2,352 sqft | 1,750,000 | 744 |
La Residencia Del Mar
Building41 apartments, 2-bed to 3-bed over 13 floors in Dubai Marina, completed in 2006 by Palma Holding. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 160K /yr
- Typical yield
101, La Residencia Del Mar in numbers
- Sold once: by Palma Holding on 27 July 2008 for AED 1,648,200, or AED 700 per sqft.
- Rented since January 2014 on 14 Ejari contracts. The rent fell from AED 135,000 to AED 106,000 in 2021 and recovered to AED 125,000 by February 2024.
- At AED 125,000 a year the gross yield on the 2008 price is 7.6%, before a service charge of about AED 33,900 a year (AED 14.40 per sqft).
Source: Dubai Land Department. Updated 10 February 2024.
Questions about 101, La Residencia Del Mar
What did unit 101 last sell for?
AED 1,648,200 on 27 July 2008, sold by the developer: AED 700 per sqft for 2,352 sqft. It is the only registered sale of the unit.
What is the rent for unit 101?
AED 125,000 a year on the contract renewed on 10 February 2024. The previous contract, from February 2024, was AED 125,000; the unit has been rented since January 2014.
How big is unit 101?
2,352 sqft (218.5 sqm): a two-bedroom apartment on the 1st floor of a 13-storey tower completed in 2006.
What is unit 101 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 101, La Residencia Del Mar
Starts from the last sale price (AED 1.65M, 27 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,648,200
- Deposit, UAE resident (20%)
- AED 329,640
- Deposit, non-resident (40%)
- AED 659,280
- Monthly over 25 years at 3.7%
- AED 6,743
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →