3-bed · 4,054 sqftMarina Residences 1, Palm Jumeirah · 6th floor · completed 2009

606, Marina Residences 1

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 18 October 2021
Last soldAED 4.6M18 October 2021
Current rentAED 252K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Marina Residences 1

What is 606 worth today?

Last sold for AED 4,600,000 in 2021

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18 Oct 2021SoldReady
AED 4,600,000AED 1,134 per sqft
1 Oct 2021RentedRenewal
AED 252,000/yr1 months · AED 62 per sqft
15 Aug 2021RentedRenewal
AED 253,957/yr2 months · AED 63 per sqft
15 Jun 2021RentedRenewal
AED 200,004/yr2 months · AED 49 per sqft
15 Jun 2020RentedRenewal
AED 220,000/yr12 months · AED 54 per sqft
15 Jun 2019RentedRenewal
AED 230,000/yr12 months · AED 57 per sqft
15 Jun 2018RentedRenewal
AED 256,000/yr12 months · AED 63 per sqft
15 Jun 2017RentedRenewal
AED 256,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 18 October 2021.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
6th of 14
Parking
CLG+71+ CLG+72
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 4.6M · October 2021

About 606, Marina Residences 1

606 is a three-bedroom apartment of 4,054 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 18 October 2021 for AED 4,600,000, or AED 1,134 per sqft, in line with the AED 1,134 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 252,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 67,600 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical three-bed in Marina Residences 1
4M6M2009201420192024Typical sale price by year: 2009 AED 4,251,200; 2010 AED 3,556,950; 2011 AED 4,000,000; 2012 AED 2,664,750; 2013 AED 3,500,000; 2014 AED 4,943,650; 2015 AED 3,800,000; 2017 AED 4,675,000; 2019 AED 2,900,000; 2021 AED 3,350,000; 2022 AED 3,600,000; 2023 AED 4,400,000; 2024 AED 4,275,000; 2025 AED 5,650,000Sold by developer, June 2011: AED 6,351,500 (AED 1,566 per sqft)Sold, October 2021: AED 4,600,000 (AED 1,134 per sqft)

606 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 606, each contractTypical three-bed in Marina Residences 1
200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 207,500; 2014 AED 240,000; 2015 AED 240,000; 2016 AED 234,100; 2017 AED 190,000; 2018 AED 180,000; 2019 AED 165,000; 2020 AED 150,000; 2021 AED 169,150; 2022 AED 180,000; 2023 AED 224,682; 2024 AED 255,000; 2025 AED 295,000; 2026 AED 332,011New contract, June 2014: AED 275,625 a yearRenewal, June 2015: AED 275,625 a yearNew contract, June 2016: AED 270,000 a yearRenewal, June 2017: AED 256,000 a yearRenewal, June 2018: AED 256,000 a yearRenewal, June 2019: AED 230,000 a yearRenewal, June 2020: AED 220,000 a yearRenewal, June 2021: AED 200,004 a yearRenewal, August 2021: AED 253,957 a yearRenewal, October 2021: AED 252,000 a year

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 606 sits

All 49 3-beds →

606 last sold in October 2021 at AED 1,134 per sqft, in line with what three-beds in Marina Residences 1 were fetching at the time (AED 1,134). 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. 606's AED 252,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Nov 202511,375,000
12 Jun 20255,650,000
21 Apr 20254,999,999
18 Oct 20244,300,000
1 3-bed sale 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 6th floor

All 162 units in Marina Residences 1
Value
6012-bedAED 3.27M · Sep 2024
6022-bedAED 2.85M · Nov 2010
6032-bedAED 1.63M · Oct 2019
6042-bedAED 3.6M · Apr 2026
6053-bedAED 3.6M · Nov 2022
6073-bedAED 2.7M · May 2011
6082-bedAED 2.74M · Jun 2016
1–7 of 10

606, Marina Residences 1 in numbers

  • Sold twice: first on 23 June 2011 for AED 6,351,500, last on 18 October 2021 for AED 4,600,000 (AED 1,134 per sqft).
  • Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 275,625 to AED 200,004 in 2021 and recovered to AED 252,000 by October 2021.
  • At AED 252,000 a year the gross yield on the 2021 price is 5.5%, 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 18 October 2021.

Questions about 606, Marina Residences 1

What did unit 606 last sell for?

AED 4,600,000 on 18 October 2021: AED 1,134 per sqft for 4,054 sqft. The unit has 2 registered sales; the first was AED 6,351,500 in June 2011.

What is the rent for unit 606?

AED 252,000 a year on the contract renewed on 1 October 2021. The previous contract, from August 2021, was AED 253,957; the unit has been rented since June 2014.

How big is unit 606?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 606 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 606, Marina Residences 1

Starts from the last sale price (AED 4.6M, 18 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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