2-bed · 2,041 sqftMarina Residences 1, Palm Jumeirah · 3rd floor · completed 2009

310, Marina Residences 1

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 2.6M14 January 2022
Current rentAED 280K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Marina Residences 1

What is 310 worth today?

Last sold for AED 2,600,000 in 2022

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1 Aug 2024RentedNew contract
AED 280,000/yr24 months · AED 137 per sqft
1 Jul 2023RentedNew contract
AED 280,000/yr12 months · AED 137 per sqft
14 Jan 2022SoldReady
AED 2,600,000AED 1,274 per sqft
20 Jan 2021RentedNew contract
AED 112,500/yr12 months · AED 55 per sqft
15 Jul 2018RentedRenewal
AED 142,000/yr12 months · AED 69 per sqft
15 Jul 2017RentedRenewal
AED 158,000/yr12 months · AED 77 per sqft
15 Jul 2016RentedNew contract
AED 165,000/yr12 months · AED 81 per sqft
1 Jul 2015RentedNew contract
AED 175,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
2,041 sqft
Floor
3rd of 14
Parking
CB1+41
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,000 /yr
Last sold
AED 2.6M · January 2022

About 310, Marina Residences 1

310 is a two-bedroom apartment of 2,041 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 14 January 2022 for AED 2,600,000, or AED 1,274 per sqft, 10% above the AED 1,159 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 August 2024, is AED 280,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 34,000 a year.

Sales and rents for 310 over time

Sales
Unit 310, 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, October 2010: AED 2,675,000 (AED 1,310 per sqft)Sold, January 2022: AED 2,600,000 (AED 1,274 per sqft)

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

Rents
Unit 310, 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, July 2014: AED 167,000 a yearNew contract, July 2015: AED 175,000 a yearNew contract, July 2016: AED 165,000 a yearRenewal, July 2017: AED 158,000 a yearRenewal, July 2018: AED 142,000 a yearNew contract, January 2021: AED 112,500 a yearNew contract, July 2023: AED 280,000 a yearNew contract, August 2024: 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 310 sits

All 108 2-beds →

310 last sold in January 2022 at AED 1,274 per sqft, 10% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,159). 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. 310'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

310, Marina Residences 1 in numbers

  • Sold twice: first on 11 October 2010 for AED 2,675,000, last on 14 January 2022 for AED 2,600,000 (AED 1,274 per sqft).
  • Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 167,000 to AED 112,500 in 2021 and recovered to AED 280,000 by August 2024.
  • At AED 280,000 a year the gross yield on the 2022 price is 10.8%, 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 1 August 2024.

Questions about 310, Marina Residences 1

What did unit 310 last sell for?

AED 2,600,000 on 14 January 2022: AED 1,274 per sqft for 2,041 sqft. The unit has 2 registered sales; the first was AED 2,675,000 in October 2010.

What is the rent for unit 310?

AED 280,000 a year on the contract signed on 1 August 2024. The previous contract, from July 2023, was AED 280,000; the unit has been rented since July 2014.

How big is unit 310?

2,041 sqft (189.6 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 310 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 310, Marina Residences 1

Starts from the last sale price (AED 2.6M, 14 January 2022). 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 →