1203, Marina Residences 1
Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Marina Residences 1
What is 1203 worth today?
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Source: Dubai Land Department. Updated 5 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 12th of 14
- Parking
- CLG+130
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 2.3M · August 2013
- Building
- Marina Residences 1
About 1203, Marina Residences 1
1203 is a two-bedroom apartment of 1,778 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 18 August 2013 for AED 2,300,000, or AED 1,293 per sqft, in line with the AED 1,293 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 5 March 2026, is AED 230,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 108 2-beds →1203 last sold in August 2013 at AED 1,293 per sqft, in line with what two-beds in Marina Residences 1 were fetching at the time (AED 1,293). 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. 1203's AED 230,000 is in the upper 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 12th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 2,019 sqft | AED 2.2MAED 2,195,000 · Oct 2016October 2016 | 165,000 /yr | |
| 1202 | 2-bed | 1,778 sqft | AED 2.9MAED 2,900,000 · Apr 2014April 2014 | 185,000 /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 |
1203, Marina Residences 1 in numbers
- Sold twice: first on 8 May 2013 for AED 1,997,700, last on 18 August 2013 for AED 2,300,000 (AED 1,293 per sqft).
- Rented since July 2012 on 13 Ejari contracts. The rent fell from AED 130,000 to AED 48,333 in 2019 and recovered to AED 230,000 by March 2026.
- At AED 230,000 a year the gross yield on the 2013 price is 10.0%, before a service charge of about AED 29,600 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 5 March 2026.
Questions about 1203, Marina Residences 1
What did unit 1203 last sell for?
AED 2,300,000 on 18 August 2013: AED 1,293 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 1,997,700 in May 2013.
What is the rent for unit 1203?
AED 230,000 a year on the contract renewed on 5 March 2026. The previous contract, from March 2025, was AED 220,000; the unit has been rented since July 2012.
How big is unit 1203?
1,778 sqft (165.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.
What is unit 1203 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 1203, Marina Residences 1
Starts from the last sale price (AED 2.3M, 18 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →