3-bed · 6,141 sqftLa Residencia Del Mar, Dubai Marina · 13th floor · completed 2006

1302, La Residencia Del Mar

Sold prices and rental history: sold 3 times, last in September 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 8 September 2013
Last soldAED 6.7M8 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, La Residencia Del Mar

What is 1302 worth today?

Last sold for AED 6,700,000 in 2013

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8 Sep 2013SoldReady
AED 6,700,000AED 1,091 per sqft
20 Sep 2012SoldReady
AED 6,000,000AED 977 per sqft
28 Aug 2008Sold by developerReady
AED 5,700,000AED 928 per sqft

Source: Dubai Land Department. Updated 8 September 2013.

Key facts

Type
3-bed apartment
Size
6,141 sqft
Floor
13th of 13
Parking
29,30
Developer
Palma Holding
Completed
2006
Service charge
AED 88,400 /yr
Last sold
AED 6.7M · September 2013

About 1302, La Residencia Del Mar

1302 is a three-bedroom apartment of 6,141 sqft on the 13th floor of La Residencia Del Mar, a 13-storey tower in Dubai Marina completed in 2006 by Palma Holding. It last sold on 8 September 2013 for AED 6,700,000, or AED 1,091 per sqft, 5% below the AED 1,151 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical three-bed in La Residencia Del Mar
2.5M5M7.5M2008201220162020Typical sale price by year: 2008 AED 2,740,000; 2009 AED 2,377,960; 2011 AED 2,212,500; 2013 AED 4,450,000; 2017 AED 5,000,000; 2019 AED 3,100,000; 2022 AED 3,335,000Sold by developer, August 2008: AED 5,700,000 (AED 928 per sqft)Sold, September 2012: AED 6,000,000 (AED 977 per sqft)Sold, September 2013: AED 6,700,000 (AED 1,091 per sqft)

1302 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1302, each contractTypical three-bed in La Residencia Del Mar
200K300K2013201720212025Typical rent by year: 2013 AED 220,000; 2014 AED 250,000; 2015 AED 240,000; 2016 AED 239,629; 2017 AED 240,337; 2018 AED 230,000; 2019 AED 190,000; 2020 AED 170,000; 2021 AED 175,000; 2022 AED 240,000; 2023 AED 300,000; 2024 AED 250,000; 2025 AED 250,000; 2026 AED 300,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in La Residencia Del Mar, and where 1302 sits

All 28 3-beds →

1302 last sold in September 2013 at AED 1,091 per sqft, 5% below what three-beds in La Residencia Del Mar were fetching at the time (AED 1,151).

Recent 3-bed salesUnit no.Price (AED)Summary
19 Feb 20245,000,000
6 Dec 20235,800,000
9 Sep 20223,335,000
30 May 20224,450,000
0 3-bed sales in the last 12 months

La Residencia Del Mar

Building

41 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
La Residencia Del Mar, Dubai Marina: prices, sales and rents →

Other units on the 13th floor

All 41 units in La Residencia Del Mar
Value
13013-bedAED 4.2M · Jun 2013
13033-bedAED 8.38M · Jan 2013

1302, La Residencia Del Mar in numbers

  • Sold 3 times: first on 28 August 2008 for AED 5,700,000, last on 8 September 2013 for AED 6,700,000 (AED 1,091 per sqft).

Source: Dubai Land Department. Updated 8 September 2013.

Questions about 1302, La Residencia Del Mar

What did unit 1302 last sell for?

AED 6,700,000 on 8 September 2013: AED 1,091 per sqft for 6,141 sqft. The unit has 3 registered sales; the first was AED 5,700,000 in August 2008.

How big is unit 1302?

6,141 sqft (570.5 sqm): a three-bedroom apartment on the 13th floor of a 13-storey tower completed in 2006.

What is unit 1302 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 1302, La Residencia Del Mar

Starts from the last sale price (AED 6.7M, 8 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 6,700,000
Deposit, UAE resident (20%)
AED 1,340,000
Deposit, non-resident (40%)
AED 2,680,000
Monthly over 25 years at 3.7%
AED 27,412

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →