3-bed · 4,730 sqftMarina Residences 1, Palm Jumeirah · 1st floor · completed 2009

106, Marina Residences 1

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 7 November 2023
Last soldAED 7.6M7 November 2023
Current rentAED 400K /yr5 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Marina Residences 1

What is 106 worth today?

Last sold for AED 7,600,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Nov 2023SoldReady
AED 7,600,000AED 1,606 per sqft
5 Jun 2022RentedNew contract
AED 400,000/yr12 months · AED 85 per sqft
5 Jun 2021RentedNew contract
AED 240,000/yr12 months · AED 51 per sqft
16 Aug 2020RentedRenewal
AED 200,000/yr12 months · AED 42 per sqft
16 Aug 2019RentedRenewal
AED 215,000/yr12 months · AED 45 per sqft
16 Aug 2018RentedNew contract
AED 215,000/yr12 months · AED 45 per sqft
1 Nov 2016RentedNew contract
AED 275,000/yr12 months · AED 58 per sqft
31 Oct 2015RentedNew contract
AED 280,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 7 November 2023.

Key facts

Type
3-bed apartment
Size
4,730 sqft
Floor
1st of 14
Parking
1-B97,1-B98
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 78,800 /yr
Last sold
AED 7.6M · November 2023

About 106, Marina Residences 1

106 is a three-bedroom apartment of 4,730 sqft on the 1st floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 7 November 2023 for AED 7,600,000, or AED 1,606 per sqft, 26% above the AED 1,276 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 5 June 2022, is AED 400,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 78,800 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Marina Residences 1
2.5M5M7.5M2009201420192024Typical sale price by year: 2009 AED 4,251,200; 2010 AED 3,556,950; 2011 AED 4,000,000; 2012 AED 2,664,750; 2013 AED 3,500,000; 2014 AED 4,943,650; 2015 AED 3,800,000; 2017 AED 4,675,000; 2019 AED 2,900,000; 2021 AED 3,350,000; 2022 AED 3,600,000; 2023 AED 4,400,000; 2024 AED 4,275,000; 2025 AED 5,650,000Sold by developer, December 2010: AED 4,500,000 (AED 951 per sqft)Sold, November 2023: AED 7,600,000 (AED 1,606 per sqft)

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

Rents
Unit 106, each contractTypical three-bed in Marina Residences 1
200K400K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 207,500; 2014 AED 240,000; 2015 AED 240,000; 2016 AED 234,100; 2017 AED 190,000; 2018 AED 180,000; 2019 AED 165,000; 2020 AED 150,000; 2021 AED 169,150; 2022 AED 180,000; 2023 AED 224,682; 2024 AED 255,000; 2025 AED 295,000; 2026 AED 332,011New contract, September 2014: AED 280,000 a yearNew contract, October 2015: AED 280,000 a yearNew contract, November 2016: AED 275,000 a yearNew contract, August 2018: AED 215,000 a yearRenewal, August 2019: AED 215,000 a yearRenewal, August 2020: AED 200,000 a yearNew contract, June 2021: AED 240,000 a yearNew contract, June 2022: AED 400,000 a year

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 106 sits

All 49 3-beds →

106 last sold in November 2023 at AED 1,606 per sqft, 26% above what three-beds in Marina Residences 1 were fetching at the time (AED 1,276). 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. 106's AED 400,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Nov 202511,375,000
12 Jun 20255,650,000
21 Apr 20254,999,999
18 Oct 20244,300,000
1 3-bed sale 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 1st floor

All 162 units in Marina Residences 1
Value
1012-bedAED 1.24M · Mar 2015
1022-bedAED 4.05M · Oct 2024
1032-bedAED 3.95M · Jul 2025
1042-bedAED 3.85M · Nov 2025
1053-bedAED 4.25M · Sep 2024
1073-bedAED 3.6M · Feb 2022
1082-bedAED 3.2M · Oct 2023
1–7 of 10

106, Marina Residences 1 in numbers

  • Sold twice: first on 9 December 2010 for AED 4,500,000, last on 7 November 2023 for AED 7,600,000 (AED 1,606 per sqft).
  • Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 280,000 to AED 200,000 in 2020 and recovered to AED 400,000 by June 2022.
  • At AED 400,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 78,800 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 7 November 2023.

Questions about 106, Marina Residences 1

What did unit 106 last sell for?

AED 7,600,000 on 7 November 2023: AED 1,606 per sqft for 4,730 sqft. The unit has 2 registered sales; the first was AED 4,500,000 in December 2010.

What is the rent for unit 106?

AED 400,000 a year on the contract signed on 5 June 2022. The previous contract, from June 2021, was AED 240,000; the unit has been rented since September 2014.

How big is unit 106?

4,730 sqft (439.4 sqm): a three-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 106 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 106? 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.

How OpenOffers works

Mortgage on 106, Marina Residences 1

Starts from the last sale price (AED 7.6M, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,600,000
Deposit, UAE resident (20%)
AED 1,520,000
Deposit, non-resident (40%)
AED 3,040,000
Monthly over 25 years at 3.7%
AED 31,094

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