2-bed · 1,778 sqftMarina Residences 1, Palm Jumeirah · 12th floor · completed 2009

1209, Marina Residences 1

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 3.32M12 May 2025
Current rentAED 200K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Marina Residences 1

What is 1209 worth today?

Last sold for AED 3,320,000 in 2025

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25 May 2026RentedRenewal
AED 200,000/yr12 months · AED 113 per sqft
25 May 2025RentedNew contract
AED 168,000/yr12 months · AED 95 per sqft
12 May 2025SoldReady
AED 3,320,000AED 1,867 per sqft
25 May 2024RentedRenewal
AED 160,000/yr12 months · AED 90 per sqft
25 May 2024RentedRenewal
AED 160,000/yr12 months · AED 90 per sqft
25 May 2023RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
25 May 2022RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
23 Apr 2021RentedNew contract
AED 106,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
12th of 14
Parking
1-LG26
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 3.32M · May 2025

About 1209, Marina Residences 1

1209 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 12 May 2025 for AED 3,320,000, or AED 1,867 per sqft, in line with the AED 1,867 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 200,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, 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, January 2011: AED 3,588,700 (AED 2,018 per sqft)Sold, May 2025: AED 3,320,000 (AED 1,867 per sqft)

1209 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1209, 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, May 2013: AED 160,000 a yearNew contract, December 2014: AED 180,000 a yearNew contract, February 2016: AED 165,000 a yearNew contract, April 2017: AED 160,000 a yearNew contract, November 2018: AED 125,000 a yearNew contract, April 2020: AED 106,000 a yearNew contract, April 2021: AED 106,000 a yearNew contract, May 2022: AED 145,000 a yearNew contract, May 2023: AED 145,000 a yearRenewal, May 2024: AED 160,000 a yearRenewal, May 2024: AED 160,000 a yearNew contract, May 2025: AED 168,000 a yearRenewal, May 2026: AED 200,000 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 1209 sits

All 108 2-beds →

1209 last sold in May 2025 at AED 1,867 per sqft, in line with what two-beds in Marina Residences 1 were fetching at the time (AED 1,867). 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. 1209's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20263,800,000
24 Jun 20263,900,000
22 Jun 20264,200,000
29 Apr 20263,600,000
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
5.1%
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

1209, Marina Residences 1 in numbers

  • Sold twice: first on 11 January 2011 for AED 3,588,700, last on 12 May 2025 for AED 3,320,000 (AED 1,867 per sqft).
  • Rented since May 2013 on 13 Ejari contracts. The rent fell from AED 160,000 to AED 106,000 in 2021 and recovered to AED 200,000 by May 2026.
  • At AED 200,000 a year the gross yield on the 2025 price is 6.0%, 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 25 May 2026.

Questions about 1209, Marina Residences 1

What did unit 1209 last sell for?

AED 3,320,000 on 12 May 2025: AED 1,867 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 3,588,700 in January 2011.

What is the rent for unit 1209?

AED 200,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 168,000; the unit has been rented since May 2013.

How big is unit 1209?

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 1209 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 1209, Marina Residences 1

Starts from the last sale price (AED 3.32M, 12 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,320,000
Deposit, UAE resident (20%)
AED 664,000
Deposit, non-resident (40%)
AED 1,328,000
Monthly over 25 years at 3.7%
AED 13,583

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