3-bed · 2,439 sqftMarina Residences 1, Palm Jumeirah · 9th floor · completed 2009

905, Marina Residences 1

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 4.3M18 October 2024
Current rentAED 176K /yr16 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Marina Residences 1

What is 905 worth today?

Last sold for AED 4,300,000 in 2024

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18 Oct 2024SoldReady
AED 4,300,000AED 1,763 per sqft
30 Jul 2024SoldReady
AED 3,600,000AED 1,476 per sqft
16 Dec 2023RentedRenewal
AED 176,195/yr9 months · AED 72 per sqft
16 Dec 2021RentedRenewal
AED 153,000/yr24 months · AED 63 per sqft
16 Dec 2020RentedRenewal
AED 116,000/yr12 months · AED 48 per sqft
16 Dec 2019RentedNew contract
AED 150,000/yr12 months · AED 62 per sqft
26 Nov 2017RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
26 Nov 2016RentedNew contract
AED 210,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
9th of 14
Parking
1-B65
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 4.3M · October 2024

About 905, Marina Residences 1

905 is a three-bedroom apartment of 2,439 sqft on the 9th 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 2024 for AED 4,300,000, or AED 1,763 per sqft, 12% above the AED 1,572 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 16 December 2023, is AED 176,195 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 40,700 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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, April 2015: AED 3,390,000 (AED 1,390 per sqft)Sold, July 2024: AED 3,600,000 (AED 1,476 per sqft)Sold, October 2024: AED 4,300,000 (AED 1,763 per sqft)

905 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 905, each contractTypical three-bed in Marina Residences 1
100K200K300K2012201620202024Typical 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, November 2012: AED 150,000 a yearNew contract, November 2014: AED 210,000 a yearNew contract, November 2016: AED 210,000 a yearNew contract, November 2017: AED 180,000 a yearNew contract, December 2019: AED 150,000 a yearRenewal, December 2020: AED 116,000 a yearRenewal, December 2021: AED 153,000 a yearRenewal, December 2023: AED 176,195 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 905 sits

All 49 3-beds →

905 last sold in October 2024 at AED 1,763 per sqft, 12% above what three-beds in Marina Residences 1 were fetching at the time (AED 1,572). 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. 905's AED 176,195 is at the bottom 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
12 Sep 20244,250,000
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
5.0%
Marina Residences 1, Palm Jumeirah: prices, sales and rents →

Other units on the 9th floor

All 162 units in Marina Residences 1
Value
9012-bedAED 2.73M · Apr 2015
9022-bedAED 2.98M · Mar 2011
9032-bedAED 2.7M · Feb 2023
9042-bedAED 3.07M · Nov 2010
9063-bedAED 3.85M · Feb 2019
9073-bedAED 3.44M · Mar 2010
9082-bedAED 3.35M · May 2014
1–7 of 10

905, Marina Residences 1 in numbers

  • Sold 3 times: first on 28 April 2015 for AED 3,390,000, last on 18 October 2024 for AED 4,300,000 (AED 1,763 per sqft).
  • Rented since November 2012 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 116,000 in 2020 and recovered to AED 176,195 by December 2023.
  • At AED 176,195 a year the gross yield on the 2024 price is 4.1%, 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 18 October 2024.

Questions about 905, Marina Residences 1

What did unit 905 last sell for?

AED 4,300,000 on 18 October 2024: AED 1,763 per sqft for 2,439 sqft. The unit has 3 registered sales; the first was AED 3,390,000 in April 2015.

What is the rent for unit 905?

AED 176,195 a year on the contract renewed on 16 December 2023. The previous contract, from December 2021, was AED 153,000; the unit has been rented since November 2012.

How big is unit 905?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 9th floor of a 14-storey tower completed in 2009.

What is unit 905 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 905, Marina Residences 1

Starts from the last sale price (AED 4.3M, 18 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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