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

308, Marina Residences 1

Sold prices and rental history: sold 5 times, last in October 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 4.95M31 October 2025
Current rentAED 280K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Marina Residences 1

What is 308 worth today?

Last sold for AED 4,950,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Oct 2025SoldReady
AED 4,950,000AED 2,664 per sqft
30 Sep 2025RentedRenewal
AED 280,000/yr12 months · AED 150 per sqft
30 Sep 2024RentedNew contract
AED 280,000/yr12 months · AED 150 per sqft
26 Oct 2023SoldReady
AED 3,650,000AED 1,964 per sqft
30 Apr 2020SoldReady
AED 1,800,000AED 968 per sqft
1 Nov 2019RentedNew contract
AED 165,000/yr12 months · AED 89 per sqft
5 Jun 2018SoldReady
AED 1,816,298AED 977 per sqft
1 Nov 2017RentedRenewal
AED 195,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
2-bed apartment
Size
1,858 sqft
Floor
3rd of 14
Parking
1-B37
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 4.95M · October 2025

About 308, Marina Residences 1

308 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 31 October 2025 for AED 4,950,000, or AED 2,664 per sqft, 37% above the AED 1,951 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 30 September 2025, is AED 280,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 31,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Marina Residences 1
2M4M2010201520202025Typical 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 2,753,000 (AED 1,481 per sqft)Sold, June 2018: AED 1,816,298 (AED 977 per sqft)Sold, April 2020: AED 1,800,000 (AED 968 per sqft)Sold, October 2023: AED 3,650,000 (AED 1,964 per sqft)Sold, October 2025: AED 4,950,000 (AED 2,664 per sqft)

308 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in Marina Residences 1
100K200K300K2012201620202024Typical 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, September 2013: AED 170,000 a yearNew contract, November 2014: AED 195,000 a yearRenewal, November 2015: AED 195,000 a yearRenewal, November 2016: AED 195,000 a yearRenewal, November 2017: AED 195,000 a yearNew contract, November 2019: AED 165,000 a yearNew contract, September 2024: AED 280,000 a yearRenewal, September 2025: AED 280,000 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 308 sits

All 108 2-beds →

308 last sold in October 2025 at AED 2,664 per sqft, 37% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,951). 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. 308's AED 280,000 is in the upper 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
3042-bedAED 3.63M · May 2025
3053-bedAED 3.5M · Jun 2013
3063-bedAED 4.5M · Feb 2022
3073-bedAED 3.26M · Nov 2010
1–7 of 10

308, Marina Residences 1 in numbers

  • Sold 5 times: first on 9 February 2011 for AED 2,753,000, last on 31 October 2025 for AED 4,950,000 (AED 2,664 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 170,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2025 price is 5.7%, 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 31 October 2025.

Questions about 308, Marina Residences 1

What did unit 308 last sell for?

AED 4,950,000 on 31 October 2025: AED 2,664 per sqft for 1,858 sqft. The unit has 5 registered sales; the first was AED 2,753,000 in February 2011.

What is the rent for unit 308?

AED 280,000 a year on the contract renewed on 30 September 2025. The previous contract, from September 2024, was AED 280,000; the unit has been rented since September 2013.

How big is unit 308?

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 308 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.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Marina Residences 1

Starts from the last sale price (AED 4.95M, 31 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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