403, Marina Residences 1
Sold prices and rental history: sold once, by the developer in November 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 403, Marina Residences 1
What is 403 worth today?
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Source: Dubai Land Department. Updated 5 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,928 sqft
- Floor
- 4th of 14
- Parking
- CB1+45
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 32,100 /yr
- Last sold
- AED 2.97M · November 2011
- Building
- Marina Residences 1
About 403, Marina Residences 1
403 is a two-bedroom apartment of 1,928 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 16 November 2011 for AED 2,972,400, or AED 1,542 per sqft, 4% above the AED 1,486 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 June 2024, is AED 132,632 a year: a gross yield of 4.5% on the 2011 price, before the service charge of about AED 32,100 a year.
Sales and rents for 403 over time
403 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 403 sits
All 108 2-beds →403 last sold in November 2011 at AED 1,542 per sqft, 4% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,486). 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. 403's AED 132,632 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
- 5.0%
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 | |
| 402 | 2-bed | 867 sqft | AED 2.87MAED 2,868,500 · Dec 2011December 2011 | 178,500 /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 |
403, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 16 November 2011 for AED 2,972,400, or AED 1,542 per sqft.
- Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 132,000 to AED 110,000 in 2019 and recovered to AED 132,632 by June 2024.
- At AED 132,632 a year the gross yield on the 2011 price is 4.5%, before a service charge of about AED 32,100 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 5 June 2024.
Questions about 403, Marina Residences 1
What did unit 403 last sell for?
AED 2,972,400 on 16 November 2011, sold by the developer: AED 1,542 per sqft for 1,928 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 132,632 a year on the contract renewed on 5 June 2024. The previous contract, from June 2023, was AED 132,825; the unit has been rented since March 2013.
How big is unit 403?
1,928 sqft (179.1 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.
What is unit 403 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 403, Marina Residences 1
Starts from the last sale price (AED 2.97M, 16 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,972,400
- Deposit, UAE resident (20%)
- AED 594,480
- Deposit, non-resident (40%)
- AED 1,188,960
- Monthly over 25 years at 3.7%
- AED 12,161
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →