3-bed · 2,524 sqftMarina Residences 4, Palm Jumeirah · 10th floor · completed 2009

1007, Marina Residences 4

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 2 June 2022
Last soldAED 3.65M2 June 2022
Current rentAED 144K /yr25 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Marina Residences 4

What is 1007 worth today?

Last sold for AED 3,650,000 in 2022

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2 Jun 2022SoldReady
AED 3,650,000AED 1,445 per sqft
25 Jun 2021RentedRenewal
AED 144,000/yr12 months · AED 57 per sqft
25 Jun 2020RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
23 Mar 2019RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft
1 Mar 2018RentedNew contract
AED 197,500/yr12 months · AED 78 per sqft
27 Dec 2016RentedRenewal
AED 220,000/yr12 months · AED 87 per sqft
27 Dec 2015RentedNew contract
AED 220,000/yr12 months · AED 87 per sqft
26 Aug 2014RentedNew contract
AED 240,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 2 June 2022.

Key facts

Type
3-bed apartment
Size
2,524 sqft
Floor
10th of 14
Parking
CB1-103
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 42,100 /yr
Last sold
AED 3.65M · June 2022

About 1007, Marina Residences 4

1007 is a three-bedroom apartment of 2,524 sqft on the 10th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 2 June 2022 for AED 3,650,000, or AED 1,445 per sqft, 8% above the AED 1,332 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 25 June 2021, is AED 144,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 42,100 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical three-bed in Marina Residences 4
010M2010201520202025Typical sale price by year: 2010 AED 4,068,000; 2011 AED 3,895,000; 2012 AED 2,825,000; 2013 AED 3,350,000; 2014 AED 3,720,000; 2015 AED 3,412,400; 2016 AED 4,804,000; 2018 AED 2,150,000; 2019 AED 2,350,000; 2021 AED 3,250,000; 2022 AED 3,650,000; 2023 AED 7,000,000; 2024 AED 4,800,000; 2025 AED 6,950,000; 2026 AED 15,250,000Sold by developer, August 2011: AED 3,895,000 (AED 1,542 per sqft)Sold, June 2022: AED 3,650,000 (AED 1,445 per sqft)

1007 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1007, each contractTypical three-bed in Marina Residences 4
200K300K2012201620202024Typical rent by year: 2012 AED 220,327; 2013 AED 205,000; 2014 AED 216,175; 2015 AED 217,500; 2016 AED 220,000; 2017 AED 192,565; 2018 AED 185,000; 2019 AED 170,000; 2020 AED 150,000; 2021 AED 150,000; 2022 AED 185,000; 2023 AED 198,010; 2024 AED 250,000; 2025 AED 284,500; 2026 AED 267,500New contract, September 2012: AED 220,327 a yearNew contract, September 2013: AED 220,327 a yearNew contract, August 2014: AED 240,000 a yearNew contract, December 2015: AED 220,000 a yearRenewal, December 2016: AED 220,000 a yearNew contract, March 2018: AED 197,500 a yearNew contract, March 2019: AED 180,000 a yearNew contract, June 2020: AED 140,000 a yearRenewal, June 2021: AED 144,000 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 4, and where 1007 sits

All 48 3-beds →

1007 last sold in June 2022 at AED 1,445 per sqft, 8% above what three-beds in Marina Residences 4 were fetching at the time (AED 1,332). Over the last 12 months three-beds sold for AED 4,999,000 to 15,500,000, around AED 3,208 per sqft, and rent for AED 184,800 to 1,300,000 a year. 1007's AED 144,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Feb 202615,500,000
13 Feb 20264,999,000
28 Jan 202615,250,000
15 Dec 20256,700,000
4 3-bed sales in the last 12 months

Marina Residences 4

Building

166 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 19 sold in the last 12 months.

Typical price per sqft
AED 2,221 Up 15.2%
Typical sale
AED 4.28M
Typical rent
AED 190K /yr
Typical yield
4.6%
Marina Residences 4, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 166 units in Marina Residences 4
Value
10012-bedAED 2.38M · Oct 2021
10022-bedAED 3.57M · Sep 2024
10032-bedAED 3.88M · Oct 2026
10042-bedAED 3.06M · Oct 2010
10053-bedAED 1.85M · Jul 2020
10063-bedAED 7M · Jun 2023
10082-bedAED 1.53M · Feb 2011
1–7 of 10

1007, Marina Residences 4 in numbers

  • Sold twice: first on 17 August 2011 for AED 3,895,000, last on 2 June 2022 for AED 3,650,000 (AED 1,445 per sqft).
  • Rented since September 2012 on 9 Ejari contracts, from AED 220,327 to AED 144,000 a year.
  • At AED 144,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 42,100 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 4 sold for AED 4,999,000–15,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,221 per sqft.

Source: Dubai Land Department. Updated 2 June 2022.

Questions about 1007, Marina Residences 4

What did unit 1007 last sell for?

AED 3,650,000 on 2 June 2022: AED 1,445 per sqft for 2,524 sqft. The unit has 2 registered sales; the first was AED 3,895,000 in August 2011.

What is the rent for unit 1007?

AED 144,000 a year on the contract renewed on 25 June 2021. The previous contract, from June 2020, was AED 140,000; the unit has been rented since September 2012.

How big is unit 1007?

2,524 sqft (234.5 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1007 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 4 sold for AED 4,999,000 to 15,500,000 in the last 12 months, around AED 3,208 per sqft.

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Mortgage on 1007, Marina Residences 4

Starts from the last sale price (AED 3.65M, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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