408, Marina Residences 1
Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Marina Residences 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 14 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,867 sqft
- Floor
- 4th of 14
- Parking
- CB1+49
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2.85M · November 2010
- Building
- Marina Residences 1
About 408, Marina Residences 1
408 is a two-bedroom apartment of 1,867 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 23 November 2010 for AED 2,847,900, or AED 1,525 per sqft, in line with the AED 1,525 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 14 September 2026, is AED 180,000 a year: a gross yield of 6.3% on the 2010 price, before the service charge of about AED 31,100 a year.
Sales and rents for 408 over time
408 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 408 sits
All 108 2-beds →408 last sold in November 2010 at AED 1,525 per sqft, in line with what two-beds in Marina Residences 1 were fetching at the time (AED 1,525). 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. 408's AED 180,000 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 | |
| 402 | 2-bed | 867 sqft | AED 2.87MAED 2,868,500 · Dec 2011December 2011 | 178,500 /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 | ||
| 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 |
408, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 23 November 2010 for AED 2,847,900, or AED 1,525 per sqft.
- Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 100,000 in 2021 and recovered to AED 180,000 by September 2026.
- At AED 180,000 a year the gross yield on the 2010 price is 6.3%, before a service charge of about AED 31,100 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 14 September 2026.
Questions about 408, Marina Residences 1
What did unit 408 last sell for?
AED 2,847,900 on 23 November 2010, sold by the developer: AED 1,525 per sqft for 1,867 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 180,000 a year on the contract signed on 14 September 2026. The previous contract, from September 2022, was AED 140,000; the unit has been rented since June 2014.
How big is unit 408?
1,867 sqft (173.5 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.
What is unit 408 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 408, Marina Residences 1
Starts from the last sale price (AED 2.85M, 23 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,847,900
- Deposit, UAE resident (20%)
- AED 569,580
- Deposit, non-resident (40%)
- AED 1,139,160
- Monthly over 25 years at 3.7%
- AED 11,652
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →