111, Marina Residences 1
Sold prices and rental history: sold once, by the developer in March 2011, 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 111, Marina Residences 1
What is 111 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,975 sqft
- Floor
- 1st of 14
- Parking
- CLG+35
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 32,900 /yr
- Last sold
- AED 1.17M · March 2011
- Building
- Marina Residences 1
About 111, Marina Residences 1
111 is a two-bedroom apartment of 1,975 sqft on the 1st 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 3 March 2011 for AED 1,171,500, or AED 593 per sqft, 62% below the AED 1,544 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 January 2026, is AED 200,000 a year: a gross yield of 17.1% on the 2011 price, before the service charge of about AED 32,900 a year.
Sales and rents for 111 over time
111 has sold once; 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 111 sits
All 108 2-beds →111 last sold in March 2011 at AED 593 per sqft, 62% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,544). 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. 111's AED 200,000 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 | |
| 108 | 2-bed | 2,046 sqft | AED 3.2MAED 3,200,000 · Oct 2023October 2023 | 105,000 /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, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 3 March 2011 for AED 1,171,500, or AED 593 per sqft.
- Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2022 and recovered to AED 200,000 by January 2026.
- At AED 200,000 a year the gross yield on the 2011 price is 17.1%, before a service charge of about AED 32,900 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 January 2026.
Questions about 111, Marina Residences 1
What did unit 111 last sell for?
AED 1,171,500 on 3 March 2011, sold by the developer: AED 593 per sqft for 1,975 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 200,000 a year on the contract signed on 1 January 2026. The previous contract, from May 2024, was AED 200,000; the unit has been rented since October 2013.
How big is unit 111?
1,975 sqft (183.5 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.
What is unit 111 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 111, Marina Residences 1
Starts from the last sale price (AED 1.17M, 3 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,171,500
- Deposit, UAE resident (20%)
- AED 234,300
- Deposit, non-resident (40%)
- AED 468,600
- Monthly over 25 years at 3.7%
- AED 4,793
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →