1201, Marina Residences 1
Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Marina Residences 1
What is 1201 worth today?
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Source: Dubai Land Department. Updated 26 September 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 2,019 sqft
- Floor
- 12th of 14
- Parking
- CLG+122
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 33,700 /yr
- Last sold
- AED 2.2M · October 2016
- Building
- Marina Residences 1
About 1201, Marina Residences 1
1201 is a two-bedroom apartment of 2,019 sqft on the 12th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 9 October 2016 for AED 2,195,000, or AED 1,087 per sqft, 18% below the AED 1,319 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 26 September 2019, is AED 165,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 33,700 a year.
Sales and rents for 1201 over time
1201 has sold twice; 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 1201 sits
All 108 2-beds →1201 last sold in October 2016 at AED 1,087 per sqft, 18% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,319). 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. 1201's AED 165,000 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
- 5.0%
Other units on the 12th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,778 sqft | AED 2.9MAED 2,900,000 · Apr 2014April 2014 | 185,000 /yr | |
| 1203 | 2-bed | 1,778 sqft | AED 2.3MAED 2,300,000 · Aug 2013August 2013 | 230,000 /yr | |
| 1204 | 2-bed | 1,746 sqft | AED 3.2MAED 3,200,000 · Mar 2024March 2024 | 145,000 /yr | |
| 1205 | 3-bed | 2,524 sqft | AED 4.5MAED 4,500,000 · Sep 2024September 2024 | 198,000 /yr | |
| 1206 | 3-bed | 4,054 sqft | AED 6MAED 6,000,000 · Feb 2013February 2013 | 500,000 /yr | |
| 1207 | 3-bed | 2,524 sqft | AED 3.55MAED 3,550,000 · Oct 2016October 2016 | 300,000 /yr | |
| 1208 | 2-bed | 1,746 sqft | AED 3.8MAED 3,800,000 · Jul 2026July 2026 | 135,000 /yr | |
| 1209 | 2-bed | 1,778 sqft | AED 3.32MAED 3,320,000 · May 2025May 2025 | 200,000 /yr | |
| 1210 | 2-bed | 1,778 sqft | AED 2.7MAED 2,700,000 · May 2013May 2013 | 210,000 /yr | |
| 1211 | 2-bed | 2,019 sqft | AED 1.7MAED 1,700,000 · Jun 2019June 2019 | 165,000 /yr |
1201, Marina Residences 1 in numbers
- Sold twice: first on 3 November 2015 for AED 2,670,000, last on 9 October 2016 for AED 2,195,000 (AED 1,087 per sqft).
- Rented since January 2016 on 4 Ejari contracts, from AED 155,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 33,700 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 26 September 2019.
Questions about 1201, Marina Residences 1
What did unit 1201 last sell for?
AED 2,195,000 on 9 October 2016: AED 1,087 per sqft for 2,019 sqft. The unit has 2 registered sales; the first was AED 2,670,000 in November 2015.
What is the rent for unit 1201?
AED 165,000 a year on the contract signed on 26 September 2019. The previous contract, from September 2018, was AED 160,000; the unit has been rented since January 2016.
How big is unit 1201?
2,019 sqft (187.6 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.
What is unit 1201 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 1201, Marina Residences 1
Starts from the last sale price (AED 2.2M, 9 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,195,000
- Deposit, UAE resident (20%)
- AED 439,000
- Deposit, non-resident (40%)
- AED 878,000
- Monthly over 25 years at 3.7%
- AED 8,980
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →