3-bed · 2,734 sqftMarina Residences 1, Palm Jumeirah · Ground floor · completed 2009

G01, Marina Residences 1

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

Unit G01 · DLD and Ejari recordsUpdated 24 November 2024
Last soldAED 4.3M14 June 2024
Current rentAED 278K /yr24 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Marina Residences 1

What is G01 worth today?

Last sold for AED 4,300,000 in 2024

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24 Nov 2024RentedRenewal
AED 278,250/yr12 months · AED 102 per sqft
14 Jun 2024SoldReady
AED 4,300,000AED 1,572 per sqft
24 Nov 2023RentedNew contract
AED 265,000/yr12 months · AED 97 per sqft
23 Nov 2022RentedNew contract
AED 225,000/yr12 months · AED 82 per sqft
24 Nov 2021RentedNew contract
AED 190,000/yr12 months · AED 69 per sqft
18 Nov 2020RentedRenewal
AED 135,000/yr12 months · AED 49 per sqft
18 Oct 2019RentedRenewal
AED 147,000/yr13 months · AED 54 per sqft
18 Oct 2018RentedNew contract
AED 148,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 24 November 2024.

Key facts

Type
3-bed apartment
Size
2,734 sqft
Floor
Ground of 14
Parking
1-B74
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,600 /yr
Last sold
AED 4.3M · June 2024

About G01, Marina Residences 1

G01 is a three-bedroom apartment of 2,734 sqft on the ground floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 14 June 2024 for AED 4,300,000, or AED 1,572 per sqft, in line with the AED 1,606 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 24 November 2024, is AED 278,250 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 45,600 a year.

Sales and rents for G01 over time

Sales
Unit G01, 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, October 2013: AED 3,206,500 (AED 1,172 per sqft)Sold, June 2024: AED 4,300,000 (AED 1,572 per sqft)

G01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G01, 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, July 2012: AED 180,000 a yearNew contract, July 2013: AED 213,000 a yearNew contract, October 2017: AED 173,000 a yearNew contract, October 2018: AED 148,000 a yearRenewal, October 2019: AED 147,000 a yearRenewal, November 2020: AED 135,000 a yearNew contract, November 2021: AED 190,000 a yearNew contract, November 2022: AED 225,000 a yearNew contract, November 2023: AED 265,000 a yearRenewal, November 2024: AED 278,250 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 G01 sits

All 49 3-beds →

G01 last sold in June 2024 at AED 1,572 per sqft, in line with what three-beds in Marina Residences 1 were fetching at the time (AED 1,606). 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. G01's AED 278,250 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 ground floor

All 162 units in Marina Residences 1
Value
G023-bedAED 5.79M · Oct 2011
G033-bedAED 3.23M · May 2022

G01, Marina Residences 1 in numbers

  • Sold twice: first on 3 October 2013 for AED 3,206,500, last on 14 June 2024 for AED 4,300,000 (AED 1,572 per sqft).
  • Rented since July 2012 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 135,000 in 2020 and recovered to AED 278,250 by November 2024.
  • At AED 278,250 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 45,600 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 24 November 2024.

Questions about G01, Marina Residences 1

What did unit G01 last sell for?

AED 4,300,000 on 14 June 2024: AED 1,572 per sqft for 2,734 sqft. The unit has 2 registered sales; the first was AED 3,206,500 in October 2013.

What is the rent for unit G01?

AED 278,250 a year on the contract renewed on 24 November 2024. The previous contract, from November 2023, was AED 265,000; the unit has been rented since July 2012.

How big is unit G01?

2,734 sqft (254.0 sqm): a three-bedroom apartment on the ground floor of a 14-storey tower completed in 2009.

What is unit G01 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 G01, Marina Residences 1

Starts from the last sale price (AED 4.3M, 14 June 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 →