605, Marina Residences 1
Sold prices and rental history: sold 5 times, last in November 2022, 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 605, Marina Residences 1
What is 605 worth today?
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Source: Dubai Land Department. Updated 23 November 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,439 sqft
- Floor
- 6th of 14
- Parking
- CB1+71, W-B-S-81
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 40,700 /yr
- Last sold
- AED 3.6M · November 2022
- Building
- Marina Residences 1
About 605, Marina Residences 1
605 is a three-bedroom apartment of 2,439 sqft on the 6th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 23 November 2022 for AED 3,600,000, or AED 1,476 per sqft, 21% above the AED 1,220 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 July 2021, is AED 190,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 40,700 a year.
Sales and rents for 605 over time
605 has sold 5 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 605 sits
All 49 3-beds →605 last sold in November 2022 at AED 1,476 per sqft, 21% above what three-beds in Marina Residences 1 were fetching at the time (AED 1,220). 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. 605's AED 190,000 is at the bottom 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
- 5.0%
Other units on the 6th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,870 sqft | AED 3.27MAED 3,271,202 · Sep 2024September 2024 | 160,446 /yr | |
| 602 | 2-bed | 1,735 sqft | AED 2.85MAED 2,846,900 · Nov 2010November 2010 | 155,000 /yr | |
| 603 | 2-bed | 1,735 sqft | AED 1.63MAED 1,630,000 · Oct 2019October 2019 | 114,692 /yr | |
| 604 | 2-bed | 1,746 sqft | AED 3.6MAED 3,600,000 · Apr 2026April 2026 | 220,000 /yr | |
| 606 | 3-bed | 4,054 sqft | AED 4.6MAED 4,600,000 · Oct 2021October 2021 | 252,000 /yr | |
| 607 | 3-bed | 2,439 sqft | AED 2.7MAED 2,700,000 · May 2011May 2011 | 278,300 /yr | |
| 608 | 2-bed | 1,746 sqft | AED 2.74MAED 2,740,000 · Jun 2016June 2016 | 180,000 /yr | |
| 609 | 2-bed | 1,735 sqft | AED 2.73MAED 2,730,000 · Jun 2016June 2016 | 169,544 /yr | |
| 610 | 2-bed | 1,735 sqft | AED 2.7MAED 2,695,000 · Aug 2022August 2022 | 199,000 /yr | |
| 611 | 2-bed | 1,870 sqft | AED 2.59MAED 2,590,800 · Nov 2010November 2010 | 185,000 /yr |
605, Marina Residences 1 in numbers
- Sold 5 times: first on 24 May 2011 for AED 3,300,000, last on 23 November 2022 for AED 3,600,000 (AED 1,476 per sqft).
- Rented since October 2013 on 5 Ejari contracts. The rent fell from AED 200,000 to AED 165,000 in 2018 and recovered to AED 190,000 by July 2021.
- At AED 190,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 40,700 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 23 November 2022.
Questions about 605, Marina Residences 1
What did unit 605 last sell for?
AED 3,600,000 on 23 November 2022: AED 1,476 per sqft for 2,439 sqft. The unit has 5 registered sales; the first was AED 3,300,000 in May 2011.
What is the rent for unit 605?
AED 190,000 a year on the contract signed on 1 July 2021. The previous contract, from June 2018, was AED 165,000; the unit has been rented since October 2013.
How big is unit 605?
2,439 sqft (226.6 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.
What is unit 605 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 605, Marina Residences 1
Starts from the last sale price (AED 3.6M, 23 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →