3-bed · 4,090 sqftMarina Residences 1, Palm Jumeirah · -1th floor · completed 2009

TH06, Marina Residences 1

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH06 · DLD and Ejari recordsUpdated 4 April 2023
Last soldAED 4.4M4 April 2023
Current rentAED 168K /yr15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH06, Marina Residences 1

What is TH06 worth today?

Last sold for AED 4,400,000 in 2023

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4 Apr 2023SoldReady
AED 4,400,000AED 1,075 per sqft
15 Dec 2021RentedRenewal
AED 168,300/yr12 months · AED 41 per sqft
15 Dec 2020RentedRenewal
AED 153,000/yr12 months · AED 38 per sqft
15 Dec 2019RentedRenewal
AED 160,000/yr12 months · AED 39 per sqft
15 Dec 2018RentedRenewal
AED 180,000/yr12 months · AED 44 per sqft
15 Dec 2017RentedNew contract
AED 180,000/yr12 months · AED 44 per sqft
4 Sep 2017RentedRenewal
AED 240,000/yr12 months · AED 59 per sqft
4 Sep 2016RentedRenewal
AED 245,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 4 April 2023.

Key facts

Type
3-bed apartment
Size
4,090 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 68,200 /yr
Last sold
AED 4.4M · April 2023

About TH06, Marina Residences 1

TH06 is a three-bedroom apartment of 4,090 sqft on the -1th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 4 April 2023 for AED 4,400,000, or AED 1,075 per sqft, in line with the AED 1,090 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 December 2021, is AED 168,300 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 68,200 a year.

Sales and rents for TH06 over time

Sales
Unit TH06, 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 2011: AED 5,163,900 (AED 1,262 per sqft)Sold, April 2023: AED 4,400,000 (AED 1,075 per sqft)

TH06 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH06, 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, July 2013: AED 215,000 a yearNew contract, September 2014: AED 245,000 a yearRenewal, September 2015: AED 245,000 a yearRenewal, September 2016: AED 245,000 a yearRenewal, September 2017: AED 240,000 a yearNew contract, December 2017: AED 180,000 a yearRenewal, December 2018: AED 180,000 a yearRenewal, December 2019: AED 160,000 a yearRenewal, December 2020: AED 153,000 a yearRenewal, December 2021: AED 168,300 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 TH06 sits

All 49 3-beds →

TH06 last sold in April 2023 at AED 1,075 per sqft, in line with what three-beds in Marina Residences 1 were fetching at the time (AED 1,090). 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. TH06's AED 168,300 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
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 -1th floor

All 162 units in Marina Residences 1
Value
LG013-bedAED 5M · Apr 2025
LG023-bedAED 5.2M · Jun 2022
LG033-bedAED 1.69M · Mar 2010
TH012-bedAED 6.2M · Dec 2024
TH022-bedAED 5.75M · Jul 2024
TH033-bedAED 3.9M · Jan 2023
TH042-bedAED 4.99M · Apr 2024
1–7 of 10

TH06, Marina Residences 1 in numbers

  • Sold twice: first on 27 April 2011 for AED 5,163,900, last on 4 April 2023 for AED 4,400,000 (AED 1,075 per sqft).
  • Rented since July 2013 on 10 Ejari contracts, from AED 215,000 to AED 168,300 a year.
  • At AED 168,300 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 68,200 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 4 April 2023.

Questions about TH06, Marina Residences 1

What did unit TH06 last sell for?

AED 4,400,000 on 4 April 2023: AED 1,075 per sqft for 4,090 sqft. The unit has 2 registered sales; the first was AED 5,163,900 in April 2011.

What is the rent for unit TH06?

AED 168,300 a year on the contract renewed on 15 December 2021. The previous contract, from December 2020, was AED 153,000; the unit has been rented since July 2013.

How big is unit TH06?

4,090 sqft (380.0 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH06 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 TH06, Marina Residences 1

Starts from the last sale price (AED 4.4M, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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