2-bed · 1,735 sqftMarina Residences 1, Palm Jumeirah · 9th floor · completed 2009

909, Marina Residences 1

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 909 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 4M8 October 2024
Current rentAED 150K /yr22 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, Marina Residences 1

What is 909 worth today?

Last sold for AED 4,000,000 in 2024

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8 Oct 2024SoldReady
AED 4,000,000AED 2,305 per sqft
12 Jan 2023SoldReady
AED 3,200,000AED 1,844 per sqft
29 Apr 2020SoldReady
AED 1,700,000AED 979 per sqft
22 Jul 2018RentedRenewal
AED 149,598/yr12 months · AED 86 per sqft
22 Jul 2017RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft
12 Sep 2015RentedNew contract
AED 170,000/yr12 months · AED 98 per sqft
10 Sep 2014RentedNew contract
AED 140,000/yr12 months · AED 81 per sqft
27 Apr 2011Sold by developerReady
AED 3,025,400AED 1,743 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
9th of 14
Parking
1-B119
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 4M · October 2024

About 909, Marina Residences 1

909 is a two-bedroom apartment of 1,735 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 8 October 2024 for AED 4,000,000, or AED 2,305 per sqft, 31% above the AED 1,761 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 22 July 2018, is AED 149,598 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 28,900 a year.

Sales and rents for 909 over time

Sales
Unit 909, each saleTypical two-bed in Marina Residences 1
2M4M2010201520202025Typical sale price by year: 2010 AED 2,840,500; 2011 AED 2,825,550; 2012 AED 2,501,850; 2013 AED 2,500,000; 2014 AED 2,645,650; 2015 AED 2,670,000; 2016 AED 2,200,000; 2017 AED 2,407,000; 2018 AED 1,833,149; 2019 AED 1,725,000; 2020 AED 1,700,000; 2021 AED 2,025,000; 2022 AED 2,500,000; 2023 AED 2,700,000; 2024 AED 3,575,000; 2025 AED 3,750,000; 2026 AED 3,850,000Sold by developer, April 2011: AED 3,025,400 (AED 1,743 per sqft)Sold, April 2020: AED 1,700,000 (AED 979 per sqft)Sold, January 2023: AED 3,200,000 (AED 1,844 per sqft)Sold, October 2024: AED 4,000,000 (AED 2,305 per sqft)

909 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 909, each contractTypical two-bed in Marina Residences 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 140,000; 2014 AED 165,223; 2015 AED 165,000; 2016 AED 160,500; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 106,000; 2021 AED 110,000; 2022 AED 140,000; 2023 AED 163,730; 2024 AED 199,000; 2025 AED 200,000; 2026 AED 192,938New contract, September 2014: AED 140,000 a yearNew contract, September 2015: AED 170,000 a yearNew contract, July 2017: AED 150,000 a yearRenewal, July 2018: AED 149,598 a year

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 909 sits

All 108 2-beds →

909 last sold in October 2024 at AED 2,305 per sqft, 31% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,761). 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. 909's AED 149,598 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20263,800,000
24 Jun 20263,900,000
22 Jun 20264,200,000
29 Apr 20263,600,000
8 2-bed sales 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
9063-bedAED 3.85M · Feb 2019
9073-bedAED 3.44M · Mar 2010
1–7 of 10

909, Marina Residences 1 in numbers

  • Sold 4 times: first on 27 April 2011 for AED 3,025,400, last on 8 October 2024 for AED 4,000,000 (AED 2,305 per sqft).
  • Rented since September 2014 on 4 Ejari contracts, from AED 140,000 to AED 149,598 a year.
  • At AED 149,598 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 28,900 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 8 October 2024.

Questions about 909, Marina Residences 1

What did unit 909 last sell for?

AED 4,000,000 on 8 October 2024: AED 2,305 per sqft for 1,735 sqft. The unit has 4 registered sales; the first was AED 3,025,400 in April 2011.

What is the rent for unit 909?

AED 149,598 a year on the contract renewed on 22 July 2018. The previous contract, from July 2017, was AED 150,000; the unit has been rented since September 2014.

How big is unit 909?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2009.

What is unit 909 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 909, Marina Residences 1

Starts from the last sale price (AED 4M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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