802, La Residencia Del Mar
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 802, La Residencia Del Mar
What is 802 worth today?
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Source: Dubai Land Department. Updated 15 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 3,456 sqft
- Floor
- 8th of 13
- Parking
- 42,43
- Developer
- Palma Holding
- Completed
- 2006
- Service charge
- AED 49,800 /yr
- Last sold
- AED 3.3M · July 2008
- Building
- La Residencia Del Mar
About 802, La Residencia Del Mar
802 is a three-bedroom apartment of 3,456 sqft on the 8th floor of La Residencia Del Mar, a 13-storey tower in Dubai Marina completed in 2006 by Palma Holding. The developer sold it on 24 July 2008 for AED 3,300,000, or AED 954 per sqft, 24% above the AED 772 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 15 June 2023, is AED 260,000 a year: a gross yield of 7.9% on the 2008 price, before the service charge of about AED 49,800 a year.
Sales and rents for 802 over time
802 has sold once; 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 802 sits
All 28 3-beds →802 last sold in July 2008 at AED 954 per sqft, 24% above what three-beds in La Residencia Del Mar were fetching at the time (AED 772). 802's AED 260,000 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 8th floor
All 41 units in La Residencia Del Mar802, La Residencia Del Mar in numbers
- Sold once: by Palma Holding on 24 July 2008 for AED 3,300,000, or AED 954 per sqft.
- Rented since June 2015 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 115,000 in 2020 and recovered to AED 260,000 by June 2023.
- At AED 260,000 a year the gross yield on the 2008 price is 7.9%, before a service charge of about AED 49,800 a year (AED 14.40 per sqft).
Source: Dubai Land Department. Updated 15 June 2023.
Questions about 802, La Residencia Del Mar
What did unit 802 last sell for?
AED 3,300,000 on 24 July 2008, sold by the developer: AED 954 per sqft for 3,456 sqft. It is the only registered sale of the unit.
What is the rent for unit 802?
AED 260,000 a year on the contract signed on 15 June 2023. The previous contract, from March 2022, was AED 157,000; the unit has been rented since June 2015.
How big is unit 802?
3,456 sqft (321.1 sqm): a three-bedroom apartment on the 8th floor of a 13-storey tower completed in 2006.
What is unit 802 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 802, La Residencia Del Mar
Starts from the last sale price (AED 3.3M, 24 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →