5-bed · 13,096 sqftMarina Residences 1, Palm Jumeirah · 14th floor · completed 2009

1403, Marina Residences 1

Sold prices and rental history: sold 5 times, last in December 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 19.25M19 December 2024
Current rentAED 200K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Marina Residences 1

What is 1403 worth today?

Last sold for AED 19,250,000 in 2024

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19 Dec 2024SoldReady
AED 19,250,000AED 1,469 per sqft
16 Mar 2023SoldReady
AED 12,000,000AED 916 per sqft
23 Nov 2021SoldReady
AED 12,500,000AED 954 per sqft
1 Oct 2020RentedRenewal · flagged as an outlier
AED 200,000/yr12 months · AED 15 per sqft
1 Oct 2019RentedRenewal · flagged as an outlier
AED 200,000/yr12 months · AED 15 per sqft
1 Oct 2018RentedNew contract · flagged as an outlier
AED 200,000/yr12 months · AED 15 per sqft
8 Mar 2012SoldReady
AED 13,500,000AED 1,030 per sqft
30 Jan 2012Sold by developerReady
AED 16,317,600AED 1,246 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
5-bed apartment
Size
13,096 sqft
Floor
14th of 14
Parking
1-GG05, 1-GG06
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 218,300 /yr
Last sold
AED 19.25M · December 2024

About 1403, Marina Residences 1

1403 is a five-bedroom apartment of 13,096 sqft on the 14th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 19 December 2024 for AED 19,250,000, or AED 1,469 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 October 2020, is AED 200,000 a year: a gross yield of 1.0% on the 2024 price, before the service charge of about AED 218,300 a year.

5-beds in Marina Residences 1, and where 1403 sits

All 1 5-beds →
0 5-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 14th floor

All 162 units in Marina Residences 1
Value
14014-bedAED 12.94M · Feb 2015
14024-bedAED 9M · Apr 2013
14044-bedAED 4M · May 2021
14054-bedAED 11M · Dec 2021

1403, Marina Residences 1 in numbers

  • Sold 5 times: first on 30 January 2012 for AED 16,317,600, last on 19 December 2024 for AED 19,250,000 (AED 1,469 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 1.0%, before a service charge of about AED 218,300 a year (AED 16.67 per sqft).

Source: Dubai Land Department. Updated 19 December 2024.

Questions about 1403, Marina Residences 1

What did unit 1403 last sell for?

AED 19,250,000 on 19 December 2024: AED 1,469 per sqft for 13,096 sqft. The unit has 5 registered sales; the first was AED 16,317,600 in January 2012.

What is the rent for unit 1403?

AED 200,000 a year on the contract renewed on 1 October 2020. The previous contract, from October 2019, was AED 200,000; the unit has been rented since October 2018.

How big is unit 1403?

13,096 sqft (1216.7 sqm): a five-bedroom apartment on the 14th floor of a 14-storey tower completed in 2009.

What is unit 1403 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 1403, Marina Residences 1

Starts from the last sale price (AED 19.25M, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 19,250,000
Deposit, UAE resident (20%)
AED 3,850,000
Deposit, non-resident (40%)
AED 7,700,000
Monthly over 25 years at 3.7%
AED 78,758

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