2-bed · 2,044 sqftMarina Residences 1, Palm Jumeirah · 2nd floor · completed 2009

210, Marina Residences 1

Sold prices and rental history: sold once, by the developer in February 2011, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 210 · DLD and Ejari recordsUpdated 29 August 2019
Last soldAED 2.63M23 February 2011
Current rentAED 120K /yr29 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 210, Marina Residences 1

What is 210 worth today?

Last sold for AED 2,632,000 in 2011

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29 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 59 per sqft
10 Feb 2015RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft
23 Feb 2011Sold by developerReady
AED 2,632,000AED 1,287 per sqft

Source: Dubai Land Department. Updated 29 August 2019.

Key facts

Type
2-bed apartment
Size
2,044 sqft
Floor
2nd of 14
Parking
CB1+29
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 2.63M · February 2011

About 210, Marina Residences 1

210 is a two-bedroom apartment of 2,044 sqft on the 2nd 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 23 February 2011 for AED 2,632,000, or AED 1,287 per sqft, 16% below the AED 1,525 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 29 August 2019, is AED 120,000 a year: a gross yield of 4.6% on the 2011 price, before the service charge of about AED 34,100 a year.

Sales and rents for 210 over time

Sales
Unit 210, 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, February 2011: AED 2,632,000 (AED 1,287 per sqft)

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

Rents
Unit 210, each contractTypical two-bed in Marina Residences 1
100K150K200K2012201620202024Typical 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, February 2015: AED 180,000 a yearNew contract, August 2019: AED 120,000 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 210 sits

All 108 2-beds →

210 last sold in February 2011 at AED 1,287 per sqft, 16% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,525). 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. 210's AED 120,000 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 2nd floor

All 162 units in Marina Residences 1
Value
2012-bedAED 1.85M · Apr 2018
2022-bedAED 2.25M · Aug 2013
2032-bedAED 2.6M · Oct 2015
2042-bedAED 2.72M · Nov 2010
2053-bedAED 1.71M · Mar 2010
2063-bedAED 5.77M · Nov 2010
2073-bedAED 3.36M · Feb 2022
1–7 of 10

210, Marina Residences 1 in numbers

  • Sold once: by The Palm - Jumeirah Co on 23 February 2011 for AED 2,632,000, or AED 1,287 per sqft.
  • Rented since February 2015 on 2 Ejari contracts, from AED 180,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2011 price is 4.6%, before a service charge of about AED 34,100 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 29 August 2019.

Questions about 210, Marina Residences 1

What did unit 210 last sell for?

AED 2,632,000 on 23 February 2011, sold by the developer: AED 1,287 per sqft for 2,044 sqft. It is the only registered sale of the unit.

What is the rent for unit 210?

AED 120,000 a year on the contract signed on 29 August 2019. The previous contract, from February 2015, was AED 180,000.

How big is unit 210?

2,044 sqft (189.9 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 210 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 210, Marina Residences 1

Starts from the last sale price (AED 2.63M, 23 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,632,000
Deposit, UAE resident (20%)
AED 526,400
Deposit, non-resident (40%)
AED 1,052,800
Monthly over 25 years at 3.7%
AED 10,768

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