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Penthouse · 5,947 sqftLa Residencia Del Mar, Dubai Marina · Ground floor · completed 2006

V01, La Residencia Del Mar

Sold prices and rental history: sold 3 times, last in March 2019, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V01 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 2M21 March 2019
Current rentAED 280K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V01, La Residencia Del Mar

What is V01 worth today?

Last sold for AED 2,000,000 in 2019

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1 Jun 2022RentedNew contract
AED 280,000/yr12 months · AED 47 per sqft
21 Mar 2019SoldReady
AED 2,000,000AED 336 per sqft
25 Dec 2018SoldReady
AED 4,200,000AED 706 per sqft
27 Jul 2008Sold by developerReady
AED 5,300,000AED 891 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
Penthouse apartment
Size
5,947 sqft
Floor
Ground of 13
Parking
nan
Developer
Palma Holding
Completed
2006
Service charge
AED 85,600 /yr
Last sold
AED 2M · March 2019
Building
La Residencia Del Mar

About V01, La Residencia Del Mar

V01 is a penthouse of 5,947 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 21 March 2019 for AED 2,000,000, or AED 336 per sqft.

One Ejari contract is registered, from 1 June 2022. The current contract, signed on 1 June 2022, is AED 280,000 a year: a gross yield of 14.0% on the 2019 price, before the service charge of about AED 85,600 a year.

Penthouses in La Residencia Del Mar, and where V01 sits

All 1 penthouses →
0 penthouse 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
G013-bedAED 4.45M · May 2022
G023-bedAED 8.1M · Jun 2015
V023-bedAED 5.5M · Jun 2017

V01, La Residencia Del Mar in numbers

  • Sold 3 times: first on 27 July 2008 for AED 5,300,000, last on 21 March 2019 for AED 2,000,000 (AED 336 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2019 price is 14.0%, before a service charge of about AED 85,600 a year (AED 14.40 per sqft).

Source: Dubai Land Department. Updated 1 June 2022.

Questions about V01, La Residencia Del Mar

What did unit V01 last sell for?

AED 2,000,000 on 21 March 2019: AED 336 per sqft for 5,947 sqft. The unit has 3 registered sales; the first was AED 5,300,000 in July 2008.

What is the rent for unit V01?

AED 280,000 a year on the contract signed on 1 June 2022.

How big is unit V01?

5,947 sqft (552.5 sqm): a penthouse on the ground floor of a 13-storey tower completed in 2006.

What is unit V01 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 V01, La Residencia Del Mar

Starts from the last sale price (AED 2M, 21 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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