2-bed · 1,870 sqftMarina Residences 4, Palm Jumeirah · 10th floor · completed 2009

1011, Marina Residences 4

Sold prices and rental history: sold twice, last in March 2014, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 3 March 2014
Last soldAED 2.95M3 March 2014
Current rentAED 138K /yr14 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Marina Residences 4

What is 1011 worth today?

Last sold for AED 2,950,000 in 2014

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3 Mar 2014SoldReady
AED 2,950,000AED 1,577 per sqft
14 Jan 2013RentedNew contract
AED 138,000/yr12 months · AED 74 per sqft
10 Jan 2011Sold by developerReady
AED 2,480,000AED 1,326 per sqft

Source: Dubai Land Department. Updated 3 March 2014.

Key facts

Type
2-bed apartment
Size
1,870 sqft
Floor
10th of 14
Parking
CB1-70
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,200 /yr
Last sold
AED 2.95M · March 2014

About 1011, Marina Residences 4

1011 is a two-bedroom apartment of 1,870 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 3 March 2014 for AED 2,950,000, or AED 1,577 per sqft, 20% above the AED 1,316 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 January 2013. The current contract, signed on 14 January 2013, is AED 138,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 31,200 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical two-bed in Marina Residences 4
2M4M2010201520202025Typical sale price by year: 2010 AED 2,740,000; 2011 AED 2,760,000; 2012 AED 2,224,250; 2013 AED 2,512,500; 2014 AED 2,710,200; 2015 AED 2,550,050; 2016 AED 2,250,000; 2017 AED 2,360,000; 2018 AED 2,000,000; 2019 AED 1,725,000; 2021 AED 2,176,467; 2022 AED 2,230,000; 2023 AED 2,700,500; 2024 AED 3,037,500; 2025 AED 3,675,000; 2026 AED 4,025,000Sold by developer, January 2011: AED 2,480,000 (AED 1,326 per sqft)Sold, March 2014: AED 2,950,000 (AED 1,577 per sqft)

1011 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1011, each contractTypical two-bed in Marina Residences 4
100K150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 143,375; 2014 AED 161,000; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 107,500; 2021 AED 109,000; 2022 AED 125,000; 2023 AED 136,400; 2024 AED 160,023; 2025 AED 182,645; 2026 AED 180,000New contract, January 2013: AED 138,000 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 4, and where 1011 sits

All 113 2-beds →

1011 last sold in March 2014 at AED 1,577 per sqft, 20% above what two-beds in Marina Residences 4 were fetching at the time (AED 1,316). Over the last 12 months two-beds sold for AED 3,080,000 to 7,000,000, around AED 2,103 per sqft, and rent for AED 120,000 to 500,000 a year. 1011's AED 138,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20263,880,000
21 Oct 20264,250,000
24 Sep 20264,200,000
22 Jul 20264,000,000
14 2-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
10073-bedAED 3.65M · Jun 2022
1–7 of 10

1011, Marina Residences 4 in numbers

  • Sold twice: first on 10 January 2011 for AED 2,480,000, last on 3 March 2014 for AED 2,950,000 (AED 1,577 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 31,200 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 4 sold for AED 3,080,000–7,000,000 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 3 March 2014.

Questions about 1011, Marina Residences 4

What did unit 1011 last sell for?

AED 2,950,000 on 3 March 2014: AED 1,577 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 2,480,000 in January 2011.

What is the rent for unit 1011?

AED 138,000 a year on the contract signed on 14 January 2013.

How big is unit 1011?

1,870 sqft (173.7 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1011 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 4 sold for AED 3,080,000 to 7,000,000 in the last 12 months, around AED 2,103 per sqft.

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Mortgage on 1011, Marina Residences 4

Starts from the last sale price (AED 2.95M, 3 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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