2-bed · 1,778 sqftMarina Residences 1, Palm Jumeirah · 13th floor · completed 2009

1302, Marina Residences 1

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 2.79M18 January 2011
Current rentAED 200K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Marina Residences 1

What is 1302 worth today?

Last sold for AED 2,790,000 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Feb 2025RentedNew contract
AED 200,000/yr12 months · AED 112 per sqft
15 Feb 2025RentedNew contract
AED 200,000/yr12 months · AED 112 per sqft
1 May 2023RentedRenewal
AED 120,000/yr12 months · AED 67 per sqft
25 Apr 2022RentedRenewal
AED 109,975/yr12 months · AED 62 per sqft
25 Apr 2021RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
20 Dec 2020RentedRenewal
AED 99,420/yr4 months · AED 56 per sqft
1 May 2020RentedNew contract
AED 80,000/yr6 months · AED 45 per sqft
25 Apr 2020RentedNew contract
AED 100,308/yr8 months · AED 56 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
13th of 14
Parking
CLG+118
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 2.79M · January 2011

About 1302, Marina Residences 1

1302 is a two-bedroom apartment of 1,778 sqft on the 13th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 18 January 2011 for AED 2,790,000, or AED 1,569 per sqft, in line with the AED 1,563 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 16 Ejari contracts. The current contract, signed on 15 February 2025, is AED 200,000 a year: a gross yield of 7.2% on the 2011 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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 2,790,000 (AED 1,569 per sqft)

1302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, each contractTypical two-bed in Marina Residences 1
100K200K20112015201920232027Typical 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, August 2011: AED 115,000 a yearNew contract, November 2012: AED 135,000 a yearRenewal, November 2013: AED 135,000 a yearRenewal, November 2014: AED 141,750 a yearRenewal, November 2015: AED 148,850 a yearRenewal, November 2016: AED 156,300 a yearNew contract, December 2017: AED 125,000 a yearRenewal, December 2018: AED 125,075 a yearNew contract, April 2020: AED 100,308 a yearNew contract, May 2020: AED 80,000 a yearRenewal, December 2020: AED 99,420 a yearRenewal, April 2021: AED 100,000 a yearRenewal, April 2022: AED 109,975 a yearRenewal, May 2023: AED 120,000 a yearNew contract, February 2025: AED 200,000 a yearNew contract, February 2025: 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 1302 sits

All 108 2-beds →

1302 last sold in January 2011 at AED 1,569 per sqft, in line with what two-beds in Marina Residences 1 were fetching at the time (AED 1,563). 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. 1302'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 13th floor

All 162 units in Marina Residences 1
Value
13012-bedAED 2.49M · Jan 2011
13032-bedAED 4.18M · Mar 2026
13042-bedAED 2.95M · Aug 2015
13053-bedAED 3.74M · Jul 2024
13063-bedAED 4.68M · Jul 2017
13073-bedAED 4.1M · May 2015
13082-bedAED 3M · Mar 2015
1–7 of 10

1302, Marina Residences 1 in numbers

  • Sold once: by The Palm - Jumeirah Co on 18 January 2011 for AED 2,790,000, or AED 1,569 per sqft.
  • Rented since August 2011 on 16 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2020 and recovered to AED 200,000 by February 2025.
  • At AED 200,000 a year the gross yield on the 2011 price is 7.2%, 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 15 February 2025.

Questions about 1302, Marina Residences 1

What did unit 1302 last sell for?

AED 2,790,000 on 18 January 2011, sold by the developer: AED 1,569 per sqft for 1,778 sqft. It is the only registered sale of the unit.

What is the rent for unit 1302?

AED 200,000 a year on the contract signed on 15 February 2025. The previous contract, from February 2025, was AED 200,000; the unit has been rented since August 2011.

How big is unit 1302?

1,778 sqft (165.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1302 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.

Selling 1302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1302, Marina Residences 1

Starts from the last sale price (AED 2.79M, 18 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,790,000
Deposit, UAE resident (20%)
AED 558,000
Deposit, non-resident (40%)
AED 1,116,000
Monthly over 25 years at 3.7%
AED 11,415

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