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2-bed · 2,352 sqftLa Residencia Del Mar, Dubai Marina · 2nd floor · completed 2006

201, La Residencia Del Mar

Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 10 May 2019
Last soldAED 1.65M25 January 2009
Current rentAED 110K /yr10 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 201, La Residencia Del Mar

What is 201 worth today?

Last sold for AED 1,648,200 in 2009

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10 May 2019RentedNew contract
AED 110,000/yr13 months · AED 47 per sqft
20 Dec 2017RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
20 Dec 2016RentedNew contract
AED 145,000/yr12 months · AED 62 per sqft
8 Mar 2015RentedNew contract
AED 165,000/yr12 months · AED 70 per sqft
5 Nov 2013RentedNew contract
AED 160,000/yr24 months · AED 68 per sqft
25 Jan 2009Sold by developerReady
AED 1,648,200AED 700 per sqft

Source: Dubai Land Department. Updated 10 May 2019.

Key facts

Type
2-bed apartment
Size
2,352 sqft
Floor
2nd of 13
Parking
46,47
Developer
Palma Holding
Completed
2006
Service charge
AED 33,900 /yr
Last sold
AED 1.65M · January 2009
Building
La Residencia Del Mar

About 201, La Residencia Del Mar

201 is a two-bedroom apartment of 2,352 sqft on the 2nd floor of La Residencia Del Mar, a 13-storey tower in Dubai Marina completed in 2006 by Palma Holding. The developer sold it on 25 January 2009 for AED 1,648,200, or AED 700 per sqft, 5% above the AED 666 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 10 May 2019, is AED 110,000 a year: a gross yield of 6.7% on the 2009 price, before the service charge of about AED 33,900 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in La Residencia Del Mar
1M1.5M20082009201020112012Typical sale price by year: 2008 AED 1,484,880; 2009 AED 1,239,875; 2011 AED 742,440Sold by developer, January 2009: AED 1,648,200 (AED 700 per sqft)

201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 201, each contractTypical two-bed in La Residencia Del Mar
100K150K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 136,500; 2015 AED 150,000; 2016 AED 152,500; 2017 AED 139,000; 2018 AED 130,000; 2019 AED 125,000; 2020 AED 108,500; 2021 AED 113,000; 2022 AED 115,000; 2023 AED 123,875; 2024 AED 138,500; 2025 AED 155,000; 2026 AED 138,525New contract, November 2013: AED 160,000 a yearNew contract, March 2015: AED 165,000 a yearNew contract, December 2016: AED 145,000 a yearRenewal, December 2017: AED 140,000 a yearNew contract, May 2019: AED 110,000 a year

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 201 sits

All 12 2-beds →

201 last sold in January 2009 at AED 700 per sqft, 5% above what two-beds in La Residencia Del Mar were fetching at the time (AED 666). 201's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Dec 20232,500,000
6 Jun 20222,000,000
6 Apr 20221,850,000
2 Mar 20211,750,000
0 2-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 2nd floor

All 41 units in La Residencia Del Mar
Value
2023-bedAED 4.35M · Sep 2018
2033-bedAED 5M · Feb 2024

201, La Residencia Del Mar in numbers

  • Sold once: by Palma Holding on 25 January 2009 for AED 1,648,200, or AED 700 per sqft.
  • Rented since November 2013 on 5 Ejari contracts, from AED 160,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2009 price is 6.7%, before a service charge of about AED 33,900 a year (AED 14.40 per sqft).

Source: Dubai Land Department. Updated 10 May 2019.

Questions about 201, La Residencia Del Mar

What did unit 201 last sell for?

AED 1,648,200 on 25 January 2009, 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 201?

AED 110,000 a year on the contract signed on 10 May 2019. The previous contract, from December 2017, was AED 140,000; the unit has been rented since November 2013.

How big is unit 201?

2,352 sqft (218.5 sqm): a two-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2006.

What is unit 201 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 201, La Residencia Del Mar

Starts from the last sale price (AED 1.65M, 25 January 2009). 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 →