Home
Dubai prices
About
Research
3-bed · 4,054 sqftMarina Residences 1, Palm Jumeirah · 13th floor · completed 2009

1306, Marina Residences 1

Sold prices and rental history: sold 3 times, last in July 2017, and rented once, from June 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 20 July 2017
Last soldAED 4.68M20 July 2017
Current rentAED 275K /yr24 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1306

Property timeline for 1306, Marina Residences 1

What is 1306 worth today?

Last sold for AED 4,675,000 in 2017

Unlock today's estimate, updated daily, with

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

20 Jul 2017SoldReady
AED 4,675,000AED 1,153 per sqft
24 Jun 2013RentedNew contract
AED 275,000/yr12 months · AED 68 per sqft
24 Nov 2011SoldReady
AED 3,700,000AED 912 per sqft
19 Oct 2011Sold by developerReady
AED 4,860,000AED 1,198 per sqft

Source: Dubai Land Department. Updated 20 July 2017.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
13th of 14
Parking
CB1+92+ CB1+93
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 4.68M · July 2017
Building
Marina Residences 1

About 1306, Marina Residences 1

1306 is a three-bedroom apartment of 4,054 sqft on the 13th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 20 July 2017 for AED 4,675,000, or AED 1,153 per sqft, 9% below the AED 1,262 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 June 2013. The current contract, signed on 24 June 2013, is AED 275,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 67,600 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical three-bed in Marina Residences 1
4M6M2009201420192024Typical sale price by year: 2009 AED 4,251,200; 2010 AED 3,556,950; 2011 AED 4,000,000; 2012 AED 2,664,750; 2013 AED 3,500,000; 2014 AED 4,943,650; 2015 AED 3,800,000; 2017 AED 4,675,000; 2019 AED 2,900,000; 2021 AED 3,350,000; 2022 AED 3,600,000; 2023 AED 4,400,000; 2024 AED 4,275,000; 2025 AED 5,650,000Sold by developer, October 2011: AED 4,860,000 (AED 1,198 per sqft)Sold, November 2011: AED 3,700,000 (AED 912 per sqft)Sold, July 2017: AED 4,675,000 (AED 1,153 per sqft)

1306 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1306, each contractTypical three-bed in Marina Residences 1
200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 207,500; 2014 AED 240,000; 2015 AED 240,000; 2016 AED 234,100; 2017 AED 190,000; 2018 AED 180,000; 2019 AED 165,000; 2020 AED 150,000; 2021 AED 169,150; 2022 AED 180,000; 2023 AED 224,682; 2024 AED 255,000; 2025 AED 295,000; 2026 AED 332,011New contract, June 2013: AED 275,000 a year

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 1306 sits

All 49 3-beds →

1306 last sold in July 2017 at AED 1,153 per sqft, 9% below what three-beds in Marina Residences 1 were fetching at the time (AED 1,262). 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. 1306's AED 275,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Nov 202511,375,000
12 Jun 20255,650,000
21 Apr 20254,999,999
18 Oct 20244,300,000
1 3-bed sale 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
13022-bedAED 2.79M · Jan 2011
13032-bedAED 4.18M · Mar 2026
13042-bedAED 2.95M · Aug 2015
13053-bedAED 3.74M · Jul 2024
13073-bedAED 4.1M · May 2015
13082-bedAED 3M · Mar 2015
1–7 of 10

1306, Marina Residences 1 in numbers

  • Sold 3 times: first on 19 October 2011 for AED 4,860,000, last on 20 July 2017 for AED 4,675,000 (AED 1,153 per sqft).
  • Rented since June 2013 on one Ejari contract, at AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 67,600 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 20 July 2017.

Questions about 1306, Marina Residences 1

What did unit 1306 last sell for?

AED 4,675,000 on 20 July 2017: AED 1,153 per sqft for 4,054 sqft. The unit has 3 registered sales; the first was AED 4,860,000 in October 2011.

What is the rent for unit 1306?

AED 275,000 a year on the contract signed on 24 June 2013.

How big is unit 1306?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1306 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.

Selling 1306? 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 1306, Marina Residences 1

Starts from the last sale price (AED 4.68M, 20 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,675,000
Deposit, UAE resident (20%)
AED 935,000
Deposit, non-resident (40%)
AED 1,870,000
Monthly over 25 years at 3.7%
AED 19,127

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