3-bed · 4,288 sqftLa Residencia Del Mar, Dubai Marina · Ground floor · completed 2006

G01, La Residencia Del Mar

Sold prices and rental history: sold 4 times, last in May 2022, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 4.45M30 May 2022
Current rentAED 898K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, La Residencia Del Mar

What is G01 worth today?

Last sold for AED 4,450,000 in 2022

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10 Jul 2023RentedNew contract
AED 897,587/yr12 months · AED 210 per sqft
30 May 2022SoldReady
AED 4,450,000AED 1,037 per sqft
7 Mar 2013SoldReady
AED 5,235,000AED 1,220 per sqft
15 Oct 2008SoldReady
AED 4,000,000AED 932 per sqft
27 Jul 2008Sold by developerReady
AED 2,797,600AED 652 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
3-bed apartment
Size
4,288 sqft
Floor
Ground of 13
Parking
56,77
Developer
Palma Holding
Completed
2006
Service charge
AED 61,700 /yr
Last sold
AED 4.45M · May 2022

About G01, La Residencia Del Mar

G01 is a three-bedroom apartment of 4,288 sqft on the ground floor of La Residencia Del Mar, a 13-storey tower in Dubai Marina completed in 2006 by Palma Holding. It last sold on 30 May 2022 for AED 4,450,000, or AED 1,037 per sqft, 14% above the AED 906 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2023. The current contract, signed on 10 July 2023, is AED 897,587 a year: a gross yield of 20.2% on the 2022 price, before the service charge of about AED 61,700 a year.

Sales and rents for G01 over time

Sales
Unit G01, each saleTypical three-bed in La Residencia Del Mar
2M4M2008201220162020Typical 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, July 2008: AED 2,797,600 (AED 652 per sqft)Sold, October 2008: AED 4,000,000 (AED 932 per sqft)Sold, March 2013: AED 5,235,000 (AED 1,220 per sqft)Sold, May 2022: AED 4,450,000 (AED 1,037 per sqft)

G01 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G01, each contractTypical three-bed in La Residencia Del Mar
500K1M2013201720212025Typical 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 300,000New contract, July 2023: AED 897,587 a year

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 G01 sits

All 28 3-beds →

G01 last sold in May 2022 at AED 1,037 per sqft, 14% above what three-beds in La Residencia Del Mar were fetching at the time (AED 906). G01's AED 897,587 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Feb 20245,000,000
6 Dec 20235,800,000
9 Sep 20223,335,000
3 Mar 20223,100,000
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 ground floor

All 41 units in La Residencia Del Mar
Value
G023-bedAED 8.1M · Jun 2015
V01PenthouseAED 2M · Mar 2019
V023-bedAED 5.5M · Jun 2017

G01, La Residencia Del Mar in numbers

  • Sold 4 times: first on 27 July 2008 for AED 2,797,600, last on 30 May 2022 for AED 4,450,000 (AED 1,037 per sqft).
  • Rented since July 2023 on one Ejari contract, at AED 897,587 a year.
  • At AED 897,587 a year the gross yield on the 2022 price is 20.2%, before a service charge of about AED 61,700 a year (AED 14.40 per sqft).

Source: Dubai Land Department. Updated 10 July 2023.

Questions about G01, La Residencia Del Mar

What did unit G01 last sell for?

AED 4,450,000 on 30 May 2022: AED 1,037 per sqft for 4,288 sqft. The unit has 4 registered sales; the first was AED 2,797,600 in July 2008.

What is the rent for unit G01?

AED 897,587 a year on the contract signed on 10 July 2023.

How big is unit G01?

4,288 sqft (398.4 sqm): a three-bedroom apartment on the ground floor of a 13-storey tower completed in 2006.

What is unit G01 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 G01, La Residencia Del Mar

Starts from the last sale price (AED 4.45M, 30 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,450,000
Deposit, UAE resident (20%)
AED 890,000
Deposit, non-resident (40%)
AED 1,780,000
Monthly over 25 years at 3.7%
AED 18,206

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