409, Marina Residences 1
Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Marina Residences 1
What is 409 worth today?
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Source: Dubai Land Department. Updated 12 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,928 sqft
- Floor
- 4th of 14
- Parking
- CB1+51
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 32,100 /yr
- Last sold
- AED 2.3M · March 2022
- Building
- Marina Residences 1
About 409, Marina Residences 1
409 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. It last sold on 31 March 2022 for AED 2,300,000, or AED 1,193 per sqft, in line with the AED 1,159 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 12 June 2026, is AED 240,001 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 32,100 a year.
Sales and rents for 409 over time
409 has sold twice; 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 409 sits
All 108 2-beds →409 last sold in March 2022 at AED 1,193 per sqft, in line with 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. 409's AED 240,001 is in the upper 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 | |
| 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 | |
| 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 |
409, Marina Residences 1 in numbers
- Sold twice: first on 3 March 2010 for AED 2,710,000, last on 31 March 2022 for AED 2,300,000 (AED 1,193 per sqft).
- Rented since December 2012 on 13 Ejari contracts. The rent fell from AED 145,000 to AED 100,000 in 2021 and recovered to AED 240,001 by June 2026.
- At AED 240,001 a year the gross yield on the 2022 price is 10.4%, 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 12 June 2026.
Questions about 409, Marina Residences 1
What did unit 409 last sell for?
AED 2,300,000 on 31 March 2022: AED 1,193 per sqft for 1,928 sqft. The unit has 2 registered sales; the first was AED 2,710,000 in March 2010.
What is the rent for unit 409?
AED 240,001 a year on the contract signed on 12 June 2026. The previous contract, from November 2025, was AED 229,999; the unit has been rented since December 2012.
How big is unit 409?
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 409 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 409, Marina Residences 1
Starts from the last sale price (AED 2.3M, 31 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →