506, Marina Residences 1
Sold prices and rental history: sold 3 times, last in June 2021, 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 506, Marina Residences 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 29 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 4,053 sqft
- Floor
- 5th of 14
- Parking
- CLG+73+ CLG+74
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 4.8M · June 2021
- Building
- Marina Residences 1
About 506, Marina Residences 1
506 is a three-bedroom apartment of 4,053 sqft on the 5th 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 June 2021 for AED 4,800,000, or AED 1,184 per sqft, in line with the AED 1,184 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 29 August 2026, is AED 425,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 67,600 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Marina Residences 1, and where 506 sits
All 49 3-beds →506 last sold in June 2021 at AED 1,184 per sqft, in line with what three-beds in Marina Residences 1 were fetching at the time (AED 1,184). Over the last 12 months three-beds sold for AED 11,375,000, around AED 2,806 per sqft, and rent for AED 199,407 to 600,000 a year. 506's AED 425,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 4,053 sqft | 11,375,000 | 2,806 | ||
| 12 Jun 202512 June 2025 | 2,439 sqft | 5,650,000 | 2,316 | ||
| 21 Apr 202521 April 2025 | 2,751 sqft | 4,999,999 | 1,817 | ||
| 18 Oct 202418 October 2024 | 2,439 sqft | 4,300,000 | 1,763 |
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 5th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,870 sqft | AED 1.25MAED 1,250,000 · Nov 2020November 2020 | 200,000 /yr | |
| 502 | 2-bed | 1,735 sqft | AED 2.91MAED 2,914,100 · Apr 2011April 2011 | 105,000 /yr | |
| 503 | 2-bed | 1,735 sqft | AED 2.85MAED 2,850,000 · May 2024May 2024 | 195,000 /yr | |
| 504 | 2-bed | 1,746 sqft | AED 1.35MAED 1,350,000 · Aug 2023August 2023 | 160,000 /yr | |
| 505 | 3-bed | 1,219 sqft | AED 3.67MAED 3,673,100 · Mar 2011March 2011 | 100,000 /yr | |
| 507 | 3-bed | 2,439 sqft | AED 3.35MAED 3,350,000 · May 2021May 2021 | 295,000 /yr | |
| 508 | 2-bed | 1,746 sqft | AED 2.78MAED 2,780,000 · Apr 2011April 2011 | 208,654 /yr | |
| 509 | 2-bed | 1,735 sqft | AED 3.9MAED 3,900,000 · Apr 2025April 2025 | 190,000 /yr | |
| 510 | 2-bed | 1,735 sqft | AED 2.53MAED 2,525,000 · Jan 2023January 2023 | 156,000 /yr | |
| 511 | 2-bed | 1,870 sqft | AED 2.54MAED 2,543,900 · May 2010May 2010 | 212,000 /yr |
506, Marina Residences 1 in numbers
- Sold 3 times: first on 26 March 2013 for AED 6,320,900, last on 16 June 2021 for AED 4,800,000 (AED 1,184 per sqft).
- Rented since September 2013 on 11 Ejari contracts, from AED 285,000 to AED 425,000 a year.
- At AED 425,000 a year the gross yield on the 2021 price is 8.8%, before a service charge of about AED 67,600 a year (AED 16.67 per sqft).
- Three-beds in Marina Residences 1 sold for AED 11,375,000–11,375,000 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 29 August 2026.
Questions about 506, Marina Residences 1
What did unit 506 last sell for?
AED 4,800,000 on 16 June 2021: AED 1,184 per sqft for 4,053 sqft. The unit has 3 registered sales; the first was AED 6,320,900 in March 2013.
What is the rent for unit 506?
AED 425,000 a year on the contract signed on 29 August 2026. The previous contract, from August 2025, was AED 420,000; the unit has been rented since September 2013.
How big is unit 506?
4,053 sqft (376.5 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 1 sold for AED 11,375,000 to 11,375,000 in the last 12 months, around AED 2,806 per sqft.
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Mortgage on 506, Marina Residences 1
Starts from the last sale price (AED 4.8M, 16 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 4,800,000
- Deposit, UAE resident (20%)
- AED 960,000
- Deposit, non-resident (40%)
- AED 1,920,000
- Monthly over 25 years at 3.7%
- AED 19,638
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →