108, Marina Residences 1
Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 108, Marina Residences 1
What is 108 worth today?
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Source: Dubai Land Department. Updated 30 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,046 sqft
- Floor
- 1st of 14
- Parking
- 1-B44
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 34,100 /yr
- Last sold
- AED 3.2M · October 2023
- Building
- Marina Residences 1
About 108, Marina Residences 1
108 is a two-bedroom apartment of 2,046 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 30 October 2023 for AED 3,200,000, or AED 1,564 per sqft, 7% above the AED 1,455 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 10 December 2021, is AED 105,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 34,100 a year.
Sales and rents for 108 over time
108 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 108 sits
All 108 2-beds →108 last sold in October 2023 at AED 1,564 per sqft, 7% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,455). 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. 108's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 1,746 sqft | 3,800,000 | 2,176 | ||
| 24 Jun 202624 June 2026 | 1,735 sqft | 3,900,000 | 2,247 | ||
| 22 Jun 202622 June 2026 | 1,735 sqft | 4,200,000 | 2,420 | ||
| 29 Apr 202629 April 2026 | 1,746 sqft | 3,600,000 | 2,062 |
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 1st floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,975 sqft | AED 1.24MAED 1,241,150 · Mar 2015March 2015 | 192,938 /yr | |
| 102 | 2-bed | 2,046 sqft | AED 4.05MAED 4,050,000 · Oct 2024October 2024 | 225,000 /yr | |
| 103 | 2-bed | 2,045 sqft | AED 3.95MAED 3,950,000 · Jul 2025July 2025 | 210,000 /yr | |
| 104 | 2-bed | 2,046 sqft | AED 3.85MAED 3,850,000 · Nov 2025November 2025 | 180,000 /yr | |
| 105 | 3-bed | 2,736 sqft | AED 4.25MAED 4,250,000 · Sep 2024September 2024 | 280,000 /yr | |
| 106 | 3-bed | 4,730 sqft | AED 7.6MAED 7,600,000 · Nov 2023November 2023 | 400,000 /yr | |
| 107 | 3-bed | 2,736 sqft | AED 3.6MAED 3,600,000 · Feb 2022February 2022 | 390,000 /yr | |
| 109 | 2-bed | 2,045 sqft | AED 3.85MAED 3,850,000 · Mar 2026March 2026 | 140,000 /yr | |
| 110 | 2-bed | 2,046 sqft | AED 2.7MAED 2,700,000 · Oct 2015October 2015 | 180,000 /yr | |
| 111 | 2-bed | 1,975 sqft | AED 1.17MAED 1,171,500 · Mar 2011March 2011 | 200,000 /yr |
108, Marina Residences 1 in numbers
- Sold 3 times: first on 23 November 2010 for AED 2,697,000, last on 30 October 2023 for AED 3,200,000 (AED 1,564 per sqft).
- Rented since September 2017 on 5 Ejari contracts, from AED 165,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 34,100 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 30 October 2023.
Questions about 108, Marina Residences 1
What did unit 108 last sell for?
AED 3,200,000 on 30 October 2023: AED 1,564 per sqft for 2,046 sqft. The unit has 3 registered sales; the first was AED 2,697,000 in November 2010.
What is the rent for unit 108?
AED 105,000 a year on the contract signed on 10 December 2021. The previous contract, from December 2020, was AED 105,000; the unit has been rented since September 2017.
How big is unit 108?
2,046 sqft (190.1 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.
What is unit 108 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 108, Marina Residences 1
Starts from the last sale price (AED 3.2M, 30 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →