1005, Marina Residences 1
Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Marina Residences 1
What is 1005 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,524 sqft
- Floor
- 10th of 14
- Parking
- CB1+63
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 42,100 /yr
- Last sold
- AED 3.72M · October 2011
- Building
- Marina Residences 1
About 1005, Marina Residences 1
1005 is a three-bedroom apartment of 2,524 sqft on the 10th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 25 October 2011 for AED 3,724,400, or AED 1,475 per sqft, 9% above the AED 1,353 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 198,720 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 42,100 a year.
Sales and rents for 1005 over time
1005 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 Marina Residences 1, and where 1005 sits
All 49 3-beds →1005 last sold in October 2011 at AED 1,475 per sqft, 9% above what three-beds in Marina Residences 1 were fetching at the time (AED 1,353). Over the last 12 months three-beds sold for AED 11,375,000, around AED 2,806 per sqft, and rent for AED 199,407 to 600,000 a year. 1005's AED 198,720 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 4,053 sqft | 11,375,000 | 2,806 | ||
| 12 Jun 202512 June 2025 | 2,439 sqft | 5,650,000 | 2,316 | ||
| 21 Apr 202521 April 2025 | 2,751 sqft | 4,999,999 | 1,817 | ||
| 18 Oct 202418 October 2024 | 2,439 sqft | 4,300,000 | 1,763 |
Marina Residences 1
Building162 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
- 5.1%
Other units on the 10th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,870 sqft | AED 2.6MAED 2,600,000 · Jan 2014January 2014 | 194,259 /yr | |
| 1002 | 2-bed | 1,778 sqft | AED 3.3MAED 3,300,000 · Jan 2024January 2024 | 237,000 /yr | |
| 1003 | 2-bed | 1,778 sqft | AED 2.29MAED 2,288,000 · Nov 2017November 2017 | 150,000 /yr | |
| 1004 | 2-bed | 1,746 sqft | AED 2.5MAED 2,500,000 · Dec 2014December 2014 | 110,000 /yr | |
| 1006 | 3-bed | 4,054 sqft | AED 7.28MAED 7,282,300 · Oct 2009October 2009 | ||
| 1007 | 3-bed | 2,524 sqft | AED 2.5MAED 2,500,000 · Jan 2021January 2021 | 180,000 /yr | |
| 1008 | 2-bed | 1,746 sqft | AED 4.45MAED 4,450,000 · Jun 2024June 2024 | 180,000 /yr | |
| 1009 | 2-bed | 1,778 sqft | AED 1.88MAED 1,875,000 · Dec 2011December 2011 | 215,000 /yr | |
| 1010 | 2-bed | 1,778 sqft | AED 1.34MAED 1,337,500 · Jul 2016July 2016 | 215,000 /yr | |
| 1011 | 2-bed | 1,870 sqft | AED 2.3MAED 2,300,000 · Apr 2013April 2013 | 180,000 /yr |
1005, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 25 October 2011 for AED 3,724,400, or AED 1,475 per sqft.
- Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 172,500 to AED 120,000 in 2021 and recovered to AED 198,720 by December 2024.
- At AED 198,720 a year the gross yield on the 2011 price is 5.3%, before a service charge of about AED 42,100 a year (AED 16.67 per sqft).
- Three-beds in Marina Residences 1 sold for AED 11,375,000–11,375,000 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 10 December 2024.
Questions about 1005, Marina Residences 1
What did unit 1005 last sell for?
AED 3,724,400 on 25 October 2011, sold by the developer: AED 1,475 per sqft for 2,524 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 198,720 a year on the contract renewed on 10 December 2024. The previous contract, from December 2024, was AED 198,720; the unit has been rented since September 2012.
How big is unit 1005?
2,524 sqft (234.5 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 1 sold for AED 11,375,000 to 11,375,000 in the last 12 months, around AED 2,806 per sqft.
Selling 1005? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1005, Marina Residences 1
Starts from the last sale price (AED 3.72M, 25 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 3,724,400
- Deposit, UAE resident (20%)
- AED 744,880
- Deposit, non-resident (40%)
- AED 1,489,760
- Monthly over 25 years at 3.7%
- AED 15,238
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →