402, Marina Residences 1
Sold prices and rental history: sold once, by the developer in December 2011, 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 402, Marina Residences 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 26 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 867 sqft
- Floor
- 4th of 14
- Parking
- CB1+43
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 14,400 /yr
- Last sold
- AED 2.87M · December 2011
- Building
- Marina Residences 1
About 402, Marina Residences 1
402 is a two-bedroom apartment of 867 sqft on the 4th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 26 December 2011 for AED 2,868,500, or AED 1,654 per sqft, 13% above the AED 1,466 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 26 August 2025, is AED 178,500 a year: a gross yield of 6.2% on the 2011 price, before the service charge of about AED 14,400 a year.
Sales and rents for 402 over time
402 has sold once; 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 402 sits
All 108 2-beds →402 last sold in December 2011 at AED 1,654 per sqft, 13% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,466). 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. 402's AED 178,500 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 4th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,936 sqft | AED 3.58MAED 3,575,000 · Feb 2025February 2025 | 128,000 /yr | |
| 403 | 2-bed | 1,928 sqft | AED 2.97MAED 2,972,400 · Nov 2011November 2011 | 132,632 /yr | |
| 404 | 2-bed | 1,867 sqft | AED 2.4MAED 2,400,000 · Aug 2013August 2013 | 196,875 /yr | |
| 405 | 3-bed | 2,440 sqft | AED 3.61MAED 3,613,900 · Nov 2010November 2010 | 300,000 /yr | |
| 406 | 3-bed | 4,053 sqft | AED 11.38MAED 11,375,000 · Nov 2025November 2025 | 218,000 /yr | |
| 407 | 3-bed | 2,440 sqft | AED 3.61MAED 3,613,900 · Jun 2011June 2011 | ||
| 408 | 2-bed | 1,867 sqft | AED 2.85MAED 2,847,900 · Nov 2010November 2010 | 180,000 /yr | |
| 409 | 2-bed | 1,928 sqft | AED 2.3MAED 2,300,000 · Mar 2022March 2022 | 240,001 /yr | |
| 410 | 2-bed | 1,734 sqft | AED 1.45MAED 1,450,000 · Mar 2023March 2023 | 140,000 /yr | |
| 411 | 2-bed | 1,936 sqft | AED 2.2MAED 2,200,000 · Jun 2022June 2022 | 90,000 /yr |
402, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 26 December 2011 for AED 2,868,500, or AED 1,654 per sqft.
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 155,000 to AED 95,000 in 2022 and recovered to AED 178,500 by August 2025.
- At AED 178,500 a year the gross yield on the 2011 price is 6.2%, before a service charge of about AED 14,400 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 26 August 2025.
Questions about 402, Marina Residences 1
What did unit 402 last sell for?
AED 2,868,500 on 26 December 2011, sold by the developer: AED 1,654 per sqft for 867 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 178,500 a year on the contract renewed on 26 August 2025. The previous contract, from August 2024, was AED 170,000; the unit has been rented since September 2013.
How big is unit 402?
867 sqft (80.5 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.
What is unit 402 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 402, Marina Residences 1
Starts from the last sale price (AED 2.87M, 26 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,868,500
- Deposit, UAE resident (20%)
- AED 573,700
- Deposit, non-resident (40%)
- AED 1,147,400
- Monthly over 25 years at 3.7%
- AED 11,736
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →