1007, Marina Residences 1
Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Marina Residences 1
What is 1007 worth today?
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Source: Dubai Land Department. Updated 3 November 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,524 sqft
- Floor
- 10th of 14
- Parking
- CB1+62
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 42,100 /yr
- Last sold
- AED 2.5M · January 2021
- Building
- Marina Residences 1
About 1007, Marina Residences 1
1007 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. It last sold on 27 January 2021 for AED 2,500,000, or AED 990 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 3 November 2022, is AED 180,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 42,100 a year.
Sales and rents for 1007 over time
1007 has sold 3 times; 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 1007 sits
All 49 3-beds →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. 1007's AED 180,000 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 | |
| 1005 | 3-bed | 2,524 sqft | AED 3.72MAED 3,724,400 · Oct 2011October 2011 | 198,720 /yr | |
| 1006 | 3-bed | 4,054 sqft | AED 7.28MAED 7,282,300 · Oct 2009October 2009 | ||
| 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 |
1007, Marina Residences 1 in numbers
- Sold 3 times: first on 16 December 2009 for AED 3,173,000, last on 27 January 2021 for AED 2,500,000 (AED 990 per sqft).
- Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 210,000 to AED 140,000 in 2020 and recovered to AED 180,000 by November 2022.
- At AED 180,000 a year the gross yield on the 2021 price is 7.2%, 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 3 November 2022.
Questions about 1007, Marina Residences 1
What did unit 1007 last sell for?
AED 2,500,000 on 27 January 2021: AED 990 per sqft for 2,524 sqft. The unit has 3 registered sales; the first was AED 3,173,000 in December 2009.
What is the rent for unit 1007?
AED 180,000 a year on the contract signed on 3 November 2022. The previous contract, from November 2020, was AED 140,000; the unit has been rented since May 2013.
How big is unit 1007?
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 1007 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.
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Mortgage on 1007, Marina Residences 1
Starts from the last sale price (AED 2.5M, 27 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →