711, Marina Residences 1
Sold prices and rental history: sold 3 times, last in April 2019, 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 711, Marina Residences 1
What is 711 worth today?
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Source: Dubai Land Department. Updated 28 April 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 7th of 14
- Parking
- CLG+106
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 1.75M · April 2019
- Building
- Marina Residences 1
About 711, Marina Residences 1
711 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 28 April 2019 for AED 1,750,000, or AED 935 per sqft, 4% below the AED 977 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 20 September 2017, is AED 145,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 31,200 a year.
Sales and rents for 711 over time
711 has sold 3 times; 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 711 sits
All 108 2-beds →711 last sold in April 2019 at AED 935 per sqft, 4% below what two-beds in Marina Residences 1 were fetching at the time (AED 977). 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. 711's AED 145,000 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,870 sqft | AED 2.58MAED 2,580,000 · Sep 2023September 2023 | 210,000 /yr | |
| 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, Marina Residences 1 in numbers
- Sold 3 times: first on 1 March 2011 for AED 2,636,700, last on 28 April 2019 for AED 1,750,000 (AED 935 per sqft).
- Rented since March 2013 on 4 Ejari contracts, from AED 130,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2019 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 28 April 2019.
Questions about 711, Marina Residences 1
What did unit 711 last sell for?
AED 1,750,000 on 28 April 2019: AED 935 per sqft for 1,870 sqft. The unit has 3 registered sales; the first was AED 2,636,700 in March 2011.
What is the rent for unit 711?
AED 145,000 a year on the contract renewed on 20 September 2017. The previous contract, from September 2016, was AED 145,000; the unit has been rented since March 2013.
How big is unit 711?
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 711 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 711, Marina Residences 1
Starts from the last sale price (AED 1.75M, 28 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →