511, Marina Residences 1
Sold prices and rental history: sold once, by the developer in May 2010, 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 511, Marina Residences 1
What is 511 worth today?
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Source: Dubai Land Department. Updated 22 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 5th of 14
- Parking
- CLG+47
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.54M · May 2010
- Building
- Marina Residences 1
About 511, Marina Residences 1
511 is a two-bedroom apartment of 1,870 sqft on the 5th 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 12 May 2010 for AED 2,543,900, or AED 1,360 per sqft, 6% below the AED 1,447 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 22 January 2026, is AED 212,000 a year: a gross yield of 8.3% on the 2010 price, before the service charge of about AED 31,200 a year.
Sales and rents for 511 over time
511 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 511 sits
All 108 2-beds →511 last sold in May 2010 at AED 1,360 per sqft, 6% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,447). 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. 511's AED 212,000 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 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 | |
| 506 | 3-bed | 4,053 sqft | AED 4.8MAED 4,800,000 · Jun 2021June 2021 | 425,000 /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, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 12 May 2010 for AED 2,543,900, or AED 1,360 per sqft.
- Rented since March 2013 on 13 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2020 and recovered to AED 212,000 by January 2026.
- At AED 212,000 a year the gross yield on the 2010 price is 8.3%, before a service charge of about AED 31,200 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 22 January 2026.
Questions about 511, Marina Residences 1
What did unit 511 last sell for?
AED 2,543,900 on 12 May 2010, sold by the developer: AED 1,360 per sqft for 1,870 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 212,000 a year on the contract renewed on 22 January 2026. The previous contract, from January 2025, was AED 205,000; the unit has been rented since March 2013.
How big is unit 511?
1,870 sqft (173.7 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 511 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 511, Marina Residences 1
Starts from the last sale price (AED 2.54M, 12 May 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,543,900
- Deposit, UAE resident (20%)
- AED 508,780
- Deposit, non-resident (40%)
- AED 1,017,560
- Monthly over 25 years at 3.7%
- AED 10,408
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →