2-bed · 1,746 sqftMarina Residences 1, Palm Jumeirah · 12th floor · completed 2009

1208, Marina Residences 1

Sold prices and rental history: sold twice, last in July 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 13 July 2026
Last soldAED 3.8M13 July 2026
Current rentAED 135K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Marina Residences 1

What is 1208 worth today?

Last sold for AED 3,800,000 in 2026

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13 Jul 2026SoldReady
AED 3,800,000AED 2,176 per sqft
20 May 2023RentedRenewal
AED 135,000/yr12 months · AED 77 per sqft
20 May 2022RentedRenewal
AED 121,000/yr12 months · AED 69 per sqft
20 May 2021RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
19 Apr 2019RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
6 Mar 2017RentedRenewal
AED 155,000/yr12 months · AED 89 per sqft
6 Mar 2016RentedNew contract
AED 155,000/yr12 months · AED 89 per sqft
1 Mar 2015RentedNew contract
AED 175,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 13 July 2026.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
12th of 14
Parking
1-LG126
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 3.8M · July 2026

About 1208, Marina Residences 1

1208 is a two-bedroom apartment of 1,746 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 13 July 2026 for AED 3,800,000, or AED 2,176 per sqft, in line with the AED 2,176 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 20 May 2023, is AED 135,000 a year: a gross yield of 3.5% on the 2026 price, before the service charge of about AED 29,100 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical two-bed in Marina Residences 1
2M3M4M2010201520202025Typical sale price by year: 2010 AED 2,840,500; 2011 AED 2,825,550; 2012 AED 2,501,850; 2013 AED 2,500,000; 2014 AED 2,645,650; 2015 AED 2,670,000; 2016 AED 2,200,000; 2017 AED 2,407,000; 2018 AED 1,833,149; 2019 AED 1,725,000; 2020 AED 1,700,000; 2021 AED 2,025,000; 2022 AED 2,500,000; 2023 AED 2,700,000; 2024 AED 3,575,000; 2025 AED 3,750,000; 2026 AED 3,850,000Sold by developer, November 2010: AED 3,637,400 (AED 2,083 per sqft)Sold, July 2026: AED 3,800,000 (AED 2,176 per sqft)

1208 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, each contractTypical two-bed in Marina Residences 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 140,000; 2014 AED 165,223; 2015 AED 165,000; 2016 AED 160,500; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 106,000; 2021 AED 110,000; 2022 AED 140,000; 2023 AED 163,730; 2024 AED 199,000; 2025 AED 200,000; 2026 AED 192,938New contract, January 2013: AED 140,000 a yearNew contract, March 2014: AED 165,000 a yearNew contract, March 2015: AED 175,000 a yearNew contract, March 2016: AED 155,000 a yearRenewal, March 2017: AED 155,000 a yearNew contract, April 2019: AED 120,000 a yearNew contract, May 2021: AED 110,000 a yearRenewal, May 2022: AED 121,000 a yearRenewal, May 2023: AED 135,000 a year

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 1208 sits

All 108 2-beds →

1208 last sold in July 2026 at AED 2,176 per sqft, in line with what two-beds in Marina Residences 1 were fetching at the time (AED 2,176). 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. 1208's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20263,900,000
22 Jun 20264,200,000
29 Apr 20263,600,000
12 Mar 20263,850,000
8 2-bed sales in the last 12 months

Marina Residences 1

Building

162 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%
Marina Residences 1, Palm Jumeirah: prices, sales and rents →

Other units on the 12th floor

All 162 units in Marina Residences 1
Value
12012-bedAED 2.2M · Oct 2016
12022-bedAED 2.9M · Apr 2014
12032-bedAED 2.3M · Aug 2013
12042-bedAED 3.2M · Mar 2024
12053-bedAED 4.5M · Sep 2024
12063-bedAED 6M · Feb 2013
12073-bedAED 3.55M · Oct 2016
1–7 of 10

1208, Marina Residences 1 in numbers

  • Sold twice: first on 4 November 2010 for AED 3,637,400, last on 13 July 2026 for AED 3,800,000 (AED 2,176 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2021 and recovered to AED 135,000 by May 2023.
  • At AED 135,000 a year the gross yield on the 2026 price is 3.5%, before a service charge of about AED 29,100 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 13 July 2026.

Questions about 1208, Marina Residences 1

What did unit 1208 last sell for?

AED 3,800,000 on 13 July 2026: AED 2,176 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 3,637,400 in November 2010.

What is the rent for unit 1208?

AED 135,000 a year on the contract renewed on 20 May 2023. The previous contract, from May 2022, was AED 121,000; the unit has been rented since January 2013.

How big is unit 1208?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1208 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 1208, Marina Residences 1

Starts from the last sale price (AED 3.8M, 13 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →