2-bed · 1,734 sqftMarina Residences 1, Palm Jumeirah · 4th floor · completed 2009

410, Marina Residences 1

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 16 March 2023
Last soldAED 1.45M16 March 2023
Current rentAED 140K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 410, Marina Residences 1

What is 410 worth today?

Last sold for AED 1,450,000 in 2023

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16 Mar 2023SoldReady
AED 1,450,000AED 836 per sqft
1 Oct 2022RentedRenewal
AED 140,000/yr12 months · AED 81 per sqft
1 Oct 2021RentedNew contract
AED 140,000/yr12 months · AED 81 per sqft
27 Dec 2020RentedNew contract
AED 107,710/yr12 months · AED 62 per sqft
28 Dec 2019RentedRenewal
AED 130,000/yr12 months · AED 75 per sqft
28 Dec 2018RentedRenewal
AED 140,000/yr12 months · AED 81 per sqft
28 Dec 2017RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft
28 Sep 2014SoldReady
AED 3,162,000AED 1,824 per sqft

Source: Dubai Land Department. Updated 16 March 2023.

Key facts

Type
2-bed apartment
Size
1,734 sqft
Floor
4th of 14
Parking
CB1+53
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 1.45M · March 2023

About 410, Marina Residences 1

410 is a two-bedroom apartment of 1,734 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 16 March 2023 for AED 1,450,000, or AED 836 per sqft, 42% below the AED 1,448 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 140,000 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 28,900 a year.

Sales and rents for 410 over time

Sales
Unit 410, 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, November 2010: AED 2,758,100 (AED 1,591 per sqft)Sold, September 2014: AED 3,162,000 (AED 1,824 per sqft)Sold, March 2023: AED 1,450,000 (AED 836 per sqft)

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

Rents
Unit 410, 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, December 2017: AED 150,000 a yearRenewal, December 2018: AED 140,000 a yearRenewal, December 2019: AED 130,000 a yearNew contract, December 2020: AED 107,710 a yearNew contract, October 2021: AED 140,000 a yearRenewal, October 2022: AED 140,000 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 410 sits

All 108 2-beds →

410 last sold in March 2023 at AED 836 per sqft, 42% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,448). 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. 410's AED 140,000 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
4012-bedAED 3.58M · Feb 2025
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
1–7 of 10

410, Marina Residences 1 in numbers

  • Sold 3 times: first on 23 November 2010 for AED 2,758,100, last on 16 March 2023 for AED 1,450,000 (AED 836 per sqft).
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 107,710 in 2020 and recovered to AED 140,000 by October 2022.
  • At AED 140,000 a year the gross yield on the 2023 price is 9.7%, before a service charge of about AED 28,900 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 16 March 2023.

Questions about 410, Marina Residences 1

What did unit 410 last sell for?

AED 1,450,000 on 16 March 2023: AED 836 per sqft for 1,734 sqft. The unit has 3 registered sales; the first was AED 2,758,100 in November 2010.

What is the rent for unit 410?

AED 140,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 140,000; the unit has been rented since December 2017.

How big is unit 410?

1,734 sqft (161.1 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 410 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 410, Marina Residences 1

Starts from the last sale price (AED 1.45M, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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