1205, Marina Residences 1
Sold prices and rental history: sold twice, last in September 2024, 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 1205, Marina Residences 1
What is 1205 worth today?
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Source: Dubai Land Department. Updated 2 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,524 sqft
- Floor
- 12th of 14
- Parking
- 1-B59
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 42,100 /yr
- Last sold
- AED 4.5M · September 2024
- Building
- Marina Residences 1
About 1205, Marina Residences 1
1205 is a three-bedroom apartment of 2,524 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 2 September 2024 for AED 4,500,000, or AED 1,782 per sqft, 13% above the AED 1,572 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 7 November 2023, is AED 198,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 42,100 a year.
Sales and rents for 1205 over time
1205 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1205 sits
All 49 3-beds →1205 last sold in September 2024 at AED 1,782 per sqft, 13% above what three-beds in Marina Residences 1 were fetching at the time (AED 1,572). 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. 1205's AED 198,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 4,053 sqft | 11,375,000 | 2,806 | ||
| 12 Jun 202512 June 2025 | 2,439 sqft | 5,650,000 | 2,316 | ||
| 21 Apr 202521 April 2025 | 2,751 sqft | 4,999,999 | 1,817 | ||
| 18 Oct 202418 October 2024 | 2,439 sqft | 4,300,000 | 1,763 |
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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
1205, Marina Residences 1 in numbers
- Sold twice: first on 22 November 2010 for AED 4,470,500, last on 2 September 2024 for AED 4,500,000 (AED 1,782 per sqft).
- Rented since November 2013 on 11 Ejari contracts, from AED 190,000 to AED 198,000 a year.
- At AED 198,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 42,100 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 2 September 2024.
Questions about 1205, Marina Residences 1
What did unit 1205 last sell for?
AED 4,500,000 on 2 September 2024: AED 1,782 per sqft for 2,524 sqft. The unit has 2 registered sales; the first was AED 4,470,500 in November 2010.
What is the rent for unit 1205?
AED 198,000 a year on the contract renewed on 7 November 2023. The previous contract, from November 2022, was AED 180,000; the unit has been rented since November 2013.
How big is unit 1205?
2,524 sqft (234.5 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.
What is unit 1205 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.
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Mortgage on 1205, Marina Residences 1
Starts from the last sale price (AED 4.5M, 2 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →