301, Marina Residences 1
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Marina Residences 1
What is 301 worth today?
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Source: Dubai Land Department. Updated 22 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,950 sqft
- Floor
- 3rd of 14
- Parking
- 1-LG38
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 32,500 /yr
- Last sold
- AED 2.4M · May 2023
- Building
- Marina Residences 1
About 301, Marina Residences 1
301 is a two-bedroom apartment of 1,950 sqft on the 3rd floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 22 May 2023 for AED 2,400,000, or AED 1,230 per sqft, 15% below the AED 1,455 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 September 2022, is AED 115,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 32,500 a year.
Sales and rents for 301 over time
301 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 301 sits
All 108 2-beds →301 last sold in May 2023 at AED 1,230 per sqft, 15% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,455). 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. 301's AED 115,000 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 3rd floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 2-bed | 2,041 sqft | AED 2.88MAED 2,875,000 · Apr 2023April 2023 | 120,000 /yr | |
| 303 | 2-bed | 1,935 sqft | AED 1.28MAED 1,275,000 · Aug 2020August 2020 | 180,000 /yr | |
| 304 | 2-bed | 1,858 sqft | AED 3.63MAED 3,625,000 · May 2025May 2025 | 195,000 /yr | |
| 305 | 3-bed | 2,440 sqft | AED 3.5MAED 3,500,000 · Jun 2013June 2013 | 275,000 /yr | |
| 306 | 3-bed | 4,053 sqft | AED 4.5MAED 4,500,000 · Feb 2022February 2022 | 450,000 /yr | |
| 307 | 3-bed | 2,440 sqft | AED 3.26MAED 3,260,000 · Nov 2010November 2010 | ||
| 308 | 2-bed | 1,858 sqft | AED 4.95MAED 4,950,000 · Oct 2025October 2025 | 280,000 /yr | |
| 309 | 2-bed | 1,935 sqft | AED 3.55MAED 3,550,000 · Jul 2024July 2024 | 225,000 /yr | |
| 310 | 2-bed | 2,041 sqft | AED 2.6MAED 2,600,000 · Jan 2022January 2022 | 280,000 /yr | |
| 311 | 2-bed | 1,950 sqft | AED 2.3MAED 2,300,000 · Jul 2013July 2013 |
301, Marina Residences 1 in numbers
- Sold twice: first on 14 June 2017 for AED 2,407,000, last on 22 May 2023 for AED 2,400,000 (AED 1,230 per sqft).
- Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2020 and recovered to AED 115,000 by September 2022.
- At AED 115,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 32,500 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 22 May 2023.
Questions about 301, Marina Residences 1
What did unit 301 last sell for?
AED 2,400,000 on 22 May 2023: AED 1,230 per sqft for 1,950 sqft. The unit has 2 registered sales; the first was AED 2,407,000 in June 2017.
What is the rent for unit 301?
AED 115,000 a year on the contract renewed on 15 September 2022. The previous contract, from September 2021, was AED 100,000; the unit has been rented since July 2013.
How big is unit 301?
1,950 sqft (181.2 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.
What is unit 301 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 301, Marina Residences 1
Starts from the last sale price (AED 2.4M, 22 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →