2-bed · 1,870 sqftMarina Residences 1, Palm Jumeirah · 10th floor · completed 2009

1001, Marina Residences 1

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 2.6M27 January 2014
Current rentAED 194K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Marina Residences 1

What is 1001 worth today?

Last sold for AED 2,600,000 in 2014

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1 Feb 2025RentedRenewal
AED 194,259/yr12 months · AED 104 per sqft
1 Feb 2025RentedRenewal
AED 194,259/yr12 months · AED 104 per sqft
1 Feb 2024RentedNew contract
AED 185,000/yr12 months · AED 99 per sqft
26 Jun 2023RentedNew contract
AED 180,000/yr12 months · AED 96 per sqft
22 May 2020RentedNew contract
AED 90,000/yr12 months · AED 48 per sqft
17 Feb 2019RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
17 Feb 2018RentedRenewal
AED 140,000/yr12 months · AED 75 per sqft
17 Feb 2017RentedNew contract
AED 145,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
2-bed apartment
Size
1,870 sqft
Floor
10th of 14
Parking
CLG+115
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,200 /yr
Last sold
AED 2.6M · January 2014

About 1001, Marina Residences 1

1001 is a two-bedroom apartment of 1,870 sqft on the 10th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 27 January 2014 for AED 2,600,000, or AED 1,390 per sqft, in line with the AED 1,353 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 194,259 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 31,200 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Marina Residences 1
2M3M4M2010201520202025Typical sale price by year: 2010 AED 2,840,500; 2011 AED 2,825,550; 2012 AED 2,501,850; 2013 AED 2,500,000; 2014 AED 2,645,650; 2015 AED 2,670,000; 2016 AED 2,200,000; 2017 AED 2,407,000; 2018 AED 1,833,149; 2019 AED 1,725,000; 2020 AED 1,700,000; 2021 AED 2,025,000; 2022 AED 2,500,000; 2023 AED 2,700,000; 2024 AED 3,575,000; 2025 AED 3,750,000; 2026 AED 3,850,000Sold by developer, May 2011: AED 2,929,900 (AED 1,566 per sqft)Sold, January 2014: AED 2,600,000 (AED 1,390 per sqft)

1001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Marina Residences 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 140,000; 2014 AED 165,223; 2015 AED 165,000; 2016 AED 160,500; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 106,000; 2021 AED 110,000; 2022 AED 140,000; 2023 AED 163,730; 2024 AED 199,000; 2025 AED 200,000; 2026 AED 192,938New contract, September 2013: AED 120,000 a yearNew contract, March 2015: AED 160,000 a yearNew contract, June 2015: AED 160,000 a yearNew contract, December 2015: AED 150,000 a yearNew contract, February 2017: AED 145,000 a yearRenewal, February 2018: AED 140,000 a yearRenewal, February 2019: AED 130,000 a yearNew contract, May 2020: AED 90,000 a yearNew contract, June 2023: AED 180,000 a yearNew contract, February 2024: AED 185,000 a yearRenewal, February 2025: AED 194,259 a yearRenewal, February 2025: AED 194,259 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Residences 1, and where 1001 sits

All 108 2-beds →

1001 last sold in January 2014 at AED 1,390 per sqft, in line with what two-beds in Marina Residences 1 were fetching at the time (AED 1,353). Over the last 12 months two-beds sold for AED 3,200,000 to 4,200,000, around AED 2,119 per sqft, and rent for AED 100,000 to 310,000 a year. 1001's AED 194,259 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20263,800,000
24 Jun 20263,900,000
22 Jun 20264,200,000
29 Apr 20263,600,000
8 2-bed sales in the last 12 months

Marina Residences 1

Building

162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 9 sold in the last 12 months.

Typical price per sqft
AED 2,176
Typical sale
AED 3.85M
Typical rent
AED 210K /yr
Typical yield
5.0%
Marina Residences 1, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 162 units in Marina Residences 1
Value
10022-bedAED 3.3M · Jan 2024
10032-bedAED 2.29M · Nov 2017
10042-bedAED 2.5M · Dec 2014
10053-bedAED 3.72M · Oct 2011
10063-bedAED 7.28M · Oct 2009
10073-bedAED 2.5M · Jan 2021
10082-bedAED 4.45M · Jun 2024
1–7 of 10

1001, Marina Residences 1 in numbers

  • Sold twice: first on 24 May 2011 for AED 2,929,900, last on 27 January 2014 for AED 2,600,000 (AED 1,390 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2020 and recovered to AED 194,259 by February 2025.
  • At AED 194,259 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 31,200 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 1 sold for AED 3,200,000–4,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,176 per sqft.

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 1001, Marina Residences 1

What did unit 1001 last sell for?

AED 2,600,000 on 27 January 2014: AED 1,390 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 2,929,900 in May 2011.

What is the rent for unit 1001?

AED 194,259 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 194,259; the unit has been rented since September 2013.

How big is unit 1001?

1,870 sqft (173.7 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residences 1 sold for AED 3,200,000 to 4,200,000 in the last 12 months, around AED 2,119 per sqft.

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Mortgage on 1001, Marina Residences 1

Starts from the last sale price (AED 2.6M, 27 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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