1303, La Residencia Del Mar
Sold prices and rental history: sold twice, last in January 2013, and rented once, from January 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1303, La Residencia Del Mar
What is 1303 worth today?
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Source: Dubai Land Department. Updated 31 January 2013.
Key facts
- Type
- 3-bed apartment
- Size
- 6,097 sqft
- Floor
- 13th of 13
- Parking
- 11,12
- Developer
- Palma Holding
- Completed
- 2006
- Service charge
- AED 87,800 /yr
- Last sold
- AED 8.38M · January 2013
- Building
- La Residencia Del Mar
About 1303, La Residencia Del Mar
1303 is a three-bedroom apartment of 6,097 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 31 January 2013 for AED 8,375,000, or AED 1,373 per sqft, 32% above the AED 1,037 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 January 2012. The current contract, signed on 15 January 2012, is AED 245,000 a year: a gross yield of 2.9% on the 2013 price, before the service charge of about AED 87,800 a year.
Sales and rents for 1303 over time
1303 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1303 sits
All 28 3-beds →1303 last sold in January 2013 at AED 1,373 per sqft, 32% above what three-beds in La Residencia Del Mar were fetching at the time (AED 1,037). 1303's AED 245,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Feb 202419 February 2024 | 3,442 sqft | 5,000,000 | 1,452 | ||
| 6 Dec 20236 December 2023 | 3,442 sqft | 5,800,000 | 1,685 | ||
| 9 Sep 20229 September 2022 | 3,442 sqft | 3,335,000 | 968 | ||
| 30 May 202230 May 2022 | 4,288 sqft | 4,450,000 | 1,037 |
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
Other units on the 13th floor
All 41 units in La Residencia Del Mar1303, La Residencia Del Mar in numbers
- Sold twice: first on 5 July 2009 for AED 4,519,000, last on 31 January 2013 for AED 8,375,000 (AED 1,373 per sqft).
- Rented since January 2012 on one Ejari contract, at AED 245,000 a year.
- At AED 245,000 a year the gross yield on the 2013 price is 2.9%, before a service charge of about AED 87,800 a year (AED 14.40 per sqft).
Source: Dubai Land Department. Updated 31 January 2013.
Questions about 1303, La Residencia Del Mar
What did unit 1303 last sell for?
AED 8,375,000 on 31 January 2013: AED 1,373 per sqft for 6,097 sqft. The unit has 2 registered sales; the first was AED 4,519,000 in July 2009.
What is the rent for unit 1303?
AED 245,000 a year on the contract signed on 15 January 2012.
How big is unit 1303?
6,097 sqft (566.4 sqm): a three-bedroom apartment on the 13th floor of a 13-storey tower completed in 2006.
What is unit 1303 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 1303, La Residencia Del Mar
Starts from the last sale price (AED 8.38M, 31 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 8,375,000
- Deposit, UAE resident (20%)
- AED 1,675,000
- Deposit, non-resident (40%)
- AED 3,350,000
- Monthly over 25 years at 3.7%
- AED 34,265
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →