2-bed · 1,936 sqftMarina Residences 1, Palm Jumeirah · 4th floor · completed 2009

401, Marina Residences 1

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

Unit 401 · DLD and Ejari recordsUpdated 13 February 2025
Last soldAED 3.58M13 February 2025
Current rentAED 128K /yr1 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Marina Residences 1

What is 401 worth today?

Last sold for AED 3,575,000 in 2025

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13 Feb 2025SoldReady
AED 3,575,000AED 1,846 per sqft
12 Aug 2020SoldReady
AED 1,400,000AED 723 per sqft
1 Aug 2018RentedRenewal
AED 128,000/yr12 months · AED 66 per sqft
1 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
1 Aug 2013RentedNew contract
AED 110,000/yr12 months · AED 57 per sqft
7 Feb 2012Sold by developerReady
AED 2,598,000AED 1,341 per sqft

Source: Dubai Land Department. Updated 13 February 2025.

Key facts

Type
2-bed apartment
Size
1,936 sqft
Floor
4th of 14
Parking
1-LG41
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,300 /yr
Last sold
AED 3.58M · February 2025

About 401, Marina Residences 1

401 is a two-bedroom apartment of 1,936 sqft on the 4th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 13 February 2025 for AED 3,575,000, or AED 1,846 per sqft, in line with the AED 1,834 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 August 2018, is AED 128,000 a year: a gross yield of 3.6% on the 2025 price, before the service charge of about AED 32,300 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 2012: AED 2,598,000 (AED 1,341 per sqft)Sold, August 2020: AED 1,400,000 (AED 723 per sqft)Sold, February 2025: AED 3,575,000 (AED 1,846 per sqft)

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

Rents
Unit 401, 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, August 2013: AED 110,000 a yearNew contract, August 2017: AED 120,000 a yearRenewal, August 2018: AED 128,000 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 401 sits

All 108 2-beds →

401 last sold in February 2025 at AED 1,846 per sqft, in line with what two-beds in Marina Residences 1 were fetching at the time (AED 1,834). 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. 401's AED 128,000 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 4th floor

All 162 units in Marina Residences 1
Value
4022-bedAED 2.87M · Dec 2011
4032-bedAED 2.97M · Nov 2011
4042-bedAED 2.4M · Aug 2013
4053-bedAED 3.61M · Nov 2010
4063-bedAED 11.38M · Nov 2025
4073-bedAED 3.61M · Jun 2011
4082-bedAED 2.85M · Nov 2010
1–7 of 10

401, Marina Residences 1 in numbers

  • Sold 3 times: first on 7 February 2012 for AED 2,598,000, last on 13 February 2025 for AED 3,575,000 (AED 1,846 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 110,000 to AED 128,000 a year.
  • At AED 128,000 a year the gross yield on the 2025 price is 3.6%, before a service charge of about AED 32,300 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 13 February 2025.

Questions about 401, Marina Residences 1

What did unit 401 last sell for?

AED 3,575,000 on 13 February 2025: AED 1,846 per sqft for 1,936 sqft. The unit has 3 registered sales; the first was AED 2,598,000 in February 2012.

What is the rent for unit 401?

AED 128,000 a year on the contract renewed on 1 August 2018. The previous contract, from August 2017, was AED 120,000; the unit has been rented since August 2013.

How big is unit 401?

1,936 sqft (179.9 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 401 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 401, Marina Residences 1

Starts from the last sale price (AED 3.58M, 13 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,575,000
Deposit, UAE resident (20%)
AED 715,000
Deposit, non-resident (40%)
AED 1,430,000
Monthly over 25 years at 3.7%
AED 14,626

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