1401, Marina Residences 1
Sold prices and rental history: sold once, by the developer in February 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Marina Residences 1
What is 1401 worth today?
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Source: Dubai Land Department. Updated 28 August 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 10,254 sqft
- Floor
- 14th of 14
- Parking
- CLG+64+ GG+8
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 170,900 /yr
- Last sold
- AED 12.94M · February 2015
- Building
- Marina Residences 1
About 1401, Marina Residences 1
1401 is a four-bedroom apartment of 10,254 sqft on the 14th 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 15 February 2015 for AED 12,939,400, or AED 1,261 per sqft.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 28 August 2024, is AED 800,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 170,900 a year.
4-beds in Marina Residences 1, and where 1401 sits
All 4 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Dec 202115 December 2021 | 10,254 sqft | 11,000,000 | 1,072 | ||
| 2 May 20212 May 2021 | 6,821 sqft | 4,000,000 | 586 | ||
| 16 Mar 201616 March 2016 | 6,821 sqft | 9,000,000 | 1,319 | ||
| 14 Apr 201514 April 2015 | 6,821 sqft | 11,226,600 | 1,646 |
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
- 5.1%
Other units on the 14th floor
All 162 units in Marina Residences 11401, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 15 February 2015 for AED 12,939,400, or AED 1,261 per sqft.
- Rented since November 2020 on 2 Ejari contracts, from AED 330,000 to AED 800,000 a year.
- At AED 800,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 170,900 a year (AED 16.67 per sqft).
Source: Dubai Land Department. Updated 28 August 2024.
Questions about 1401, Marina Residences 1
What did unit 1401 last sell for?
AED 12,939,400 on 15 February 2015, sold by the developer: AED 1,261 per sqft for 10,254 sqft. It is the only registered sale of the unit.
What is the rent for unit 1401?
AED 800,000 a year on the contract signed on 28 August 2024. The previous contract, from November 2020, was AED 330,000.
How big is unit 1401?
10,254 sqft (952.6 sqm): a four-bedroom apartment on the 14th floor of a 14-storey tower completed in 2009.
What is unit 1401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1401, Marina Residences 1
Starts from the last sale price (AED 12.94M, 15 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 12,939,400
- Deposit, UAE resident (20%)
- AED 2,587,880
- Deposit, non-resident (40%)
- AED 5,175,760
- Monthly over 25 years at 3.7%
- AED 52,939
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →