203, Marina Residences 1
Sold prices and rental history: sold twice, last in October 2015, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Marina Residences 1
What is 203 worth today?
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Source: Dubai Land Department. Updated 28 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 2,042 sqft
- Floor
- 2nd of 14
- Parking
- CB1+36
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 34,000 /yr
- Last sold
- AED 2.6M · October 2015
- Building
- Marina Residences 1
About 203, Marina Residences 1
203 is a two-bedroom apartment of 2,042 sqft on the 2nd floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 7 October 2015 for AED 2,600,000, or AED 1,273 per sqft, 8% below the AED 1,377 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 28 March 2022, is AED 155,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 34,000 a year.
Sales and rents for 203 over time
203 has sold twice; the dashed line is the two-bed median of each year in the building.
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 203 sits
All 108 2-beds →203 last sold in October 2015 at AED 1,273 per sqft, 8% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,377). 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. 203's AED 155,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 1,746 sqft | 3,800,000 | 2,176 | ||
| 24 Jun 202624 June 2026 | 1,735 sqft | 3,900,000 | 2,247 | ||
| 22 Jun 202622 June 2026 | 1,735 sqft | 4,200,000 | 2,420 | ||
| 29 Apr 202629 April 2026 | 1,746 sqft | 3,600,000 | 2,062 |
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 2nd floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,953 sqft | AED 1.85MAED 1,850,000 · Apr 2018April 2018 | 166,000 /yr | |
| 202 | 2-bed | 2,044 sqft | AED 2.25MAED 2,250,000 · Aug 2013August 2013 | 185,000 /yr | |
| 204 | 2-bed | 2,037 sqft | AED 2.72MAED 2,719,000 · Nov 2010November 2010 | 130,000 /yr | |
| 205 | 3-bed | 2,438 sqft | AED 1.71MAED 1,713,500 · Mar 2010March 2010 | 273,000 /yr | |
| 206 | 3-bed | 4,053 sqft | AED 5.77MAED 5,765,000 · Nov 2010November 2010 | 220,000 /yr | |
| 207 | 3-bed | 2,438 sqft | AED 3.36MAED 3,357,584 · Feb 2022February 2022 | 234,256 /yr | |
| 208 | 2-bed | 2,037 sqft | AED 2.55MAED 2,550,000 · Apr 2013April 2013 | 220,000 /yr | |
| 209 | 2-bed | 2,042 sqft | AED 5MAED 5,000,000 · Feb 2025February 2025 | 120,000 /yr | |
| 210 | 2-bed | 2,044 sqft | AED 2.63MAED 2,632,000 · Feb 2011February 2011 | 120,000 /yr | |
| 211 | 2-bed | 1,953 sqft | AED 2.36MAED 2,362,000 · Mar 2011March 2011 | 95,000 /yr |
203, Marina Residences 1 in numbers
- Sold twice: first on 21 February 2010 for AED 2,675,000, last on 7 October 2015 for AED 2,600,000 (AED 1,273 per sqft).
- Rented since March 2014 on 3 Ejari contracts. The rent fell from AED 177,500 to AED 123,000 in 2020 and recovered to AED 155,000 by March 2022.
- At AED 155,000 a year the gross yield on the 2015 price is 6.0%, before a service charge of about AED 34,000 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 28 March 2022.
Questions about 203, Marina Residences 1
What did unit 203 last sell for?
AED 2,600,000 on 7 October 2015: AED 1,273 per sqft for 2,042 sqft. The unit has 2 registered sales; the first was AED 2,675,000 in February 2010.
What is the rent for unit 203?
AED 155,000 a year on the contract signed on 28 March 2022. The previous contract, from September 2020, was AED 123,000; the unit has been rented since March 2014.
How big is unit 203?
2,042 sqft (189.7 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.
What is unit 203 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 203, Marina Residences 1
Starts from the last sale price (AED 2.6M, 7 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →