701, Marina Residences 1
Sold prices and rental history: sold twice, last in September 2023, 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 701, Marina Residences 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 25 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 7th of 14
- Parking
- 1-LG105
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.58M · September 2023
- Building
- Marina Residences 1
About 701, Marina Residences 1
701 is a two-bedroom apartment of 1,870 sqft on the 7th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 7 September 2023 for AED 2,580,000, or AED 1,379 per sqft, 5% below the AED 1,453 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 25 April 2025, is AED 210,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 31,200 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 108 2-beds →701 last sold in September 2023 at AED 1,379 per sqft, 5% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,453). 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. 701's AED 210,000 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
- 5.1%
Other units on the 7th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,735 sqft | AED 2.89MAED 2,891,700 · May 2011May 2011 | 100,000 /yr | |
| 703 | 2-bed | 1,735 sqft | AED 2.94MAED 2,935,600 · Dec 2011December 2011 | 165,000 /yr | |
| 704 | 2-bed | 1,746 sqft | AED 2.98MAED 2,981,500 · Dec 2011December 2011 | 165,000 /yr | |
| 705 | 3-bed | 2,439 sqft | AED 3.79MAED 3,790,400 · Nov 2010November 2010 | 235,000 /yr | |
| 706 | 3-bed | 4,054 sqft | AED 4.95MAED 4,950,000 · Nov 2017November 2017 | ||
| 707 | 3-bed | 2,439 sqft | AED 5.65MAED 5,650,000 · Jun 2025June 2025 | 368,000 /yr | |
| 708 | 2-bed | 1,746 sqft | AED 2.82MAED 2,820,000 · Mar 2017March 2017 | ||
| 709 | 2-bed | 1,735 sqft | AED 2.77MAED 2,770,000 · Mar 2017March 2017 | ||
| 710 | 2-bed | 1,735 sqft | AED 3.9MAED 3,900,000 · Jun 2026June 2026 | 164,450 /yr | |
| 711 | 2-bed | 1,870 sqft | AED 1.75MAED 1,750,000 · Apr 2019April 2019 | 145,000 /yr |
701, Marina Residences 1 in numbers
- Sold twice: first on 25 December 2012 for AED 2,636,700, last on 7 September 2023 for AED 2,580,000 (AED 1,379 per sqft).
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 56,000 in 2017 and recovered to AED 210,000 by April 2025.
- At AED 210,000 a year the gross yield on the 2023 price is 8.1%, 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 25 April 2025.
Questions about 701, Marina Residences 1
What did unit 701 last sell for?
AED 2,580,000 on 7 September 2023: AED 1,379 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 2,636,700 in December 2012.
What is the rent for unit 701?
AED 210,000 a year on the contract signed on 25 April 2025. The previous contract, from June 2024, was AED 89,900; the unit has been rented since September 2013.
How big is unit 701?
1,870 sqft (173.7 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 701 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 701, Marina Residences 1
Starts from the last sale price (AED 2.58M, 7 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,580,000
- Deposit, UAE resident (20%)
- AED 516,000
- Deposit, non-resident (40%)
- AED 1,032,000
- Monthly over 25 years at 3.7%
- AED 10,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →