2-bed · 1,858 sqftMarina Residences 1, Palm Jumeirah · 3rd floor · completed 2009

304, Marina Residences 1

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 22 May 2025
Last soldAED 3.63M22 May 2025
Current rentAED 195K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Marina Residences 1

What is 304 worth today?

Last sold for AED 3,625,000 in 2025

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22 May 2025SoldReady
AED 3,625,000AED 1,951 per sqft
10 Oct 2024RentedNew contract
AED 195,000/yr12 months · AED 105 per sqft
10 Oct 2023RentedNew contract
AED 195,000/yr12 months · AED 105 per sqft
6 Jul 2023SoldReady
AED 2,700,000AED 1,453 per sqft
1 Nov 2021RentedRenewal
AED 99,750/yr12 months · AED 54 per sqft
1 Nov 2020RentedNew contract
AED 95,000/yr12 months · AED 51 per sqft
17 Jan 2020RentedRenewal
AED 130,000/yr12 months · AED 70 per sqft
17 Jan 2019RentedRenewal
AED 140,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 22 May 2025.

Key facts

Type
2-bed apartment
Size
1,858 sqft
Floor
3rd of 14
Parking
1-B35
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 3.63M · May 2025

About 304, Marina Residences 1

304 is a two-bedroom apartment of 1,858 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 2025 for AED 3,625,000, or AED 1,951 per sqft, 4% above the AED 1,871 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 10 October 2024, is AED 195,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 31,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, March 2010: AED 2,690,000 (AED 1,447 per sqft)Sold, July 2023: AED 2,700,000 (AED 1,453 per sqft)Sold, May 2025: AED 3,625,000 (AED 1,951 per sqft)

304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, 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 2013: AED 140,000 a yearNew contract, February 2014: AED 157,500 a yearNew contract, January 2017: AED 160,000 a yearRenewal, January 2018: AED 150,000 a yearRenewal, January 2019: AED 140,000 a yearRenewal, January 2020: AED 130,000 a yearNew contract, November 2020: AED 95,000 a yearRenewal, November 2021: AED 99,750 a yearNew contract, October 2023: AED 195,000 a yearNew contract, October 2024: AED 195,000 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 304 sits

All 108 2-beds →

304 last sold in May 2025 at AED 1,951 per sqft, 4% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,871). 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. 304's AED 195,000 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 3rd floor

All 162 units in Marina Residences 1
Value
3012-bedAED 2.4M · May 2023
3022-bedAED 2.88M · Apr 2023
3032-bedAED 1.28M · Aug 2020
3053-bedAED 3.5M · Jun 2013
3063-bedAED 4.5M · Feb 2022
3073-bedAED 3.26M · Nov 2010
3082-bedAED 4.95M · Oct 2025
1–7 of 10

304, Marina Residences 1 in numbers

  • Sold 3 times: first on 10 March 2010 for AED 2,690,000, last on 22 May 2025 for AED 3,625,000 (AED 1,951 per sqft).
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2020 and recovered to AED 195,000 by October 2024.
  • At AED 195,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 31,000 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 22 May 2025.

Questions about 304, Marina Residences 1

What did unit 304 last sell for?

AED 3,625,000 on 22 May 2025: AED 1,951 per sqft for 1,858 sqft. The unit has 3 registered sales; the first was AED 2,690,000 in March 2010.

What is the rent for unit 304?

AED 195,000 a year on the contract signed on 10 October 2024. The previous contract, from October 2023, was AED 195,000; the unit has been rented since February 2013.

How big is unit 304?

1,858 sqft (172.6 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 304 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 304, Marina Residences 1

Starts from the last sale price (AED 3.63M, 22 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,625,000
Deposit, UAE resident (20%)
AED 725,000
Deposit, non-resident (40%)
AED 1,450,000
Monthly over 25 years at 3.7%
AED 14,831

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