602, La Residencia Del Mar
Sold prices and rental history: sold twice, last in October 2021, 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 602, La Residencia Del Mar
What is 602 worth today?
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Source: Dubai Land Department. Updated 7 October 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 3,456 sqft
- Floor
- 6th of 13
- Parking
- 59,74
- Developer
- Palma Holding
- Completed
- 2006
- Service charge
- AED 49,800 /yr
- Last sold
- AED 2.9M · October 2021
- Building
- La Residencia Del Mar
About 602, La Residencia Del Mar
602 is a three-bedroom apartment of 3,456 sqft on the 6th floor of La Residencia Del Mar, a 13-storey tower in Dubai Marina completed in 2006 by Palma Holding. It last sold on 7 October 2021 for AED 2,900,000, or AED 839 per sqft.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 September 2020, is AED 170,000 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 49,800 a year.
Sales and rents for 602 over time
602 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 602 sits
All 28 3-beds →602's AED 170,000 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 6th floor
All 41 units in La Residencia Del Mar602, La Residencia Del Mar in numbers
- Sold twice: first on 24 July 2008 for AED 2,377,960, last on 7 October 2021 for AED 2,900,000 (AED 839 per sqft).
- Rented since July 2014 on 7 Ejari contracts, from AED 259,303 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2021 price is 5.9%, before a service charge of about AED 49,800 a year (AED 14.40 per sqft).
Source: Dubai Land Department. Updated 7 October 2021.
Questions about 602, La Residencia Del Mar
What did unit 602 last sell for?
AED 2,900,000 on 7 October 2021: AED 839 per sqft for 3,456 sqft. The unit has 2 registered sales; the first was AED 2,377,960 in July 2008.
What is the rent for unit 602?
AED 170,000 a year on the contract renewed on 1 September 2020. The previous contract, from September 2019, was AED 240,000; the unit has been rented since July 2014.
How big is unit 602?
3,456 sqft (321.1 sqm): a three-bedroom apartment on the 6th floor of a 13-storey tower completed in 2006.
What is unit 602 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 602, La Residencia Del Mar
Starts from the last sale price (AED 2.9M, 7 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →