V02, La Residencia Del Mar
Sold prices and rental history: sold twice, last in June 2017, 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 V02, La Residencia Del Mar
What is V02 worth today?
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Source: Dubai Land Department. Updated 10 March 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 6,628 sqft
- Floor
- Ground of 13
- Parking
- 82,83
- Developer
- Palma Holding
- Completed
- 2006
- Service charge
- AED 95,400 /yr
- Last sold
- AED 5.5M · June 2017
- Building
- La Residencia Del Mar
About V02, La Residencia Del Mar
V02 is a three-bedroom apartment of 6,628 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 22 June 2017 for AED 5,500,000, or AED 829 per sqft.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 10 March 2022, is AED 273,319 a year: a gross yield of 5.0% on the 2017 price, before the service charge of about AED 95,400 a year.
Sales and rents for V02 over time
V02 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 V02 sits
All 28 3-beds →V02's AED 273,319 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 ground floor
All 41 units in La Residencia Del MarV02, La Residencia Del Mar in numbers
- Sold twice: first on 6 July 2009 for AED 2,999,888, last on 22 June 2017 for AED 5,500,000 (AED 829 per sqft).
- Rented since April 2014 on 8 Ejari contracts, from AED 350,000 to AED 273,319 a year.
- At AED 273,319 a year the gross yield on the 2017 price is 5.0%, before a service charge of about AED 95,400 a year (AED 14.40 per sqft).
Source: Dubai Land Department. Updated 10 March 2022.
Questions about V02, La Residencia Del Mar
What did unit V02 last sell for?
AED 5,500,000 on 22 June 2017: AED 829 per sqft for 6,628 sqft. The unit has 2 registered sales; the first was AED 2,999,888 in July 2009.
What is the rent for unit V02?
AED 273,319 a year on the contract renewed on 10 March 2022. The previous contract, from March 2021, was AED 273,000; the unit has been rented since April 2014.
How big is unit V02?
6,628 sqft (615.8 sqm): a three-bedroom apartment on the ground floor of a 13-storey tower completed in 2006.
What is unit V02 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 V02, La Residencia Del Mar
Starts from the last sale price (AED 5.5M, 22 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 5,500,000
- Deposit, UAE resident (20%)
- AED 1,100,000
- Deposit, non-resident (40%)
- AED 2,200,000
- Monthly over 25 years at 3.7%
- AED 22,502
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →