3-bed · 4,054 sqftMarina Residences 1, Palm Jumeirah · 9th floor · completed 2009

906, Marina Residences 1

Sold prices and rental history: sold twice, last in February 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 28 February 2019
Last soldAED 3.85M28 February 2019
Current rentAED 260K /yr1 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Marina Residences 1

What is 906 worth today?

Last sold for AED 3,850,000 in 2019

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28 Feb 2019SoldReady
AED 3,850,000AED 949 per sqft
1 Apr 2016RentedNew contract
AED 260,000/yr24 months · AED 64 per sqft
25 Mar 2015RentedNew contract
AED 295,000/yr12 months · AED 73 per sqft
15 Jan 2014RentedRenewal
AED 300,000/yr12 months · AED 74 per sqft
15 Jan 2013RentedNew contract
AED 300,000/yr12 months · AED 74 per sqft
6 Sep 2011Sold by developerReady
AED 4,740,000AED 1,169 per sqft

Source: Dubai Land Department. Updated 28 February 2019.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
9th of 14
Parking
CLG+97+ CLG+98
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 3.85M · February 2019

About 906, Marina Residences 1

906 is a three-bedroom apartment of 4,054 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 28 February 2019 for AED 3,850,000, or AED 949 per sqft, in line with the AED 974 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 April 2016, is AED 260,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 67,600 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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, September 2011: AED 4,740,000 (AED 1,169 per sqft)Sold, February 2019: AED 3,850,000 (AED 949 per sqft)

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

Rents
Unit 906, 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, January 2013: AED 300,000 a yearRenewal, January 2014: AED 300,000 a yearNew contract, March 2015: AED 295,000 a yearNew contract, April 2016: AED 260,000 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 906 sits

All 49 3-beds →

906 last sold in February 2019 at AED 949 per sqft, in line with what three-beds in Marina Residences 1 were fetching at the time (AED 974). 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. 906's AED 260,000 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 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
9053-bedAED 4.3M · Oct 2024
9073-bedAED 3.44M · Mar 2010
9082-bedAED 3.35M · May 2014
1–7 of 10

906, Marina Residences 1 in numbers

  • Sold twice: first on 6 September 2011 for AED 4,740,000, last on 28 February 2019 for AED 3,850,000 (AED 949 per sqft).
  • Rented since January 2013 on 4 Ejari contracts, from AED 300,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2019 price is 6.8%, 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 28 February 2019.

Questions about 906, Marina Residences 1

What did unit 906 last sell for?

AED 3,850,000 on 28 February 2019: AED 949 per sqft for 4,054 sqft. The unit has 2 registered sales; the first was AED 4,740,000 in September 2011.

What is the rent for unit 906?

AED 260,000 a year on the contract signed on 1 April 2016. The previous contract, from March 2015, was AED 295,000; the unit has been rented since January 2013.

How big is unit 906?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 9th floor of a 14-storey tower completed in 2009.

What is unit 906 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 906, Marina Residences 1

Starts from the last sale price (AED 3.85M, 28 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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