3-bed · 4,730 sqftMarina Residences 4, Palm Jumeirah · 1st floor · completed 2009

106, Marina Residences 4

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 18 July 2021
Last soldAED 4M18 July 2021
Current rentAED 200K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Marina Residences 4

What is 106 worth today?

Last sold for AED 4,000,000 in 2021

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18 Jul 2021SoldReady
AED 4,000,000AED 845 per sqft
15 Sep 2020RentedNew contract
AED 200,000/yr12 months · AED 42 per sqft
22 Mar 2019RentedNew contract
AED 230,000/yr12 months · AED 49 per sqft
17 Feb 2016RentedNew contract
AED 250,000/yr12 months · AED 53 per sqft
8 Dec 2014RentedNew contract
AED 270,000/yr12 months · AED 57 per sqft
16 Dec 2013RentedNew contract
AED 276,136/yr12 months · AED 58 per sqft
8 Dec 2012RentedNew contract
AED 264,316/yr12 months · AED 56 per sqft
11 May 2011Sold by developerReady
AED 4,300,000AED 909 per sqft

Source: Dubai Land Department. Updated 18 July 2021.

Key facts

Type
3-bed apartment
Size
4,730 sqft
Floor
1st of 14
Parking
CB1-105
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 78,800 /yr
Last sold
AED 4M · July 2021

About 106, Marina Residences 4

106 is a three-bedroom apartment of 4,730 sqft on the 1st floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 18 July 2021 for AED 4,000,000, or AED 845 per sqft, in line with the AED 823 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 15 September 2020, is AED 200,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 78,800 a year.

Sales and rents for 106 over time

Sales
Unit 106, 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, May 2011: AED 4,300,000 (AED 909 per sqft)Sold, July 2021: AED 4,000,000 (AED 845 per sqft)

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

Rents
Unit 106, 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, December 2012: AED 264,316 a yearNew contract, December 2013: AED 276,136 a yearNew contract, December 2014: AED 270,000 a yearNew contract, February 2016: AED 250,000 a yearNew contract, March 2019: AED 230,000 a yearNew contract, September 2020: AED 200,000 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 106 sits

All 48 3-beds →

106 last sold in July 2021 at AED 845 per sqft, in line with what three-beds in Marina Residences 4 were fetching at the time (AED 823). 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. 106's AED 200,000 is in the lower half 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 1st floor

All 166 units in Marina Residences 4
Value
1012-bedAED 2.6M · Sep 2023
1022-bedAED 1.99M · Jul 2013
1032-bedAED 3.68M · Sep 2025
1042-bedAED 2.75M · May 2024
1053-bedAED 2.95M · Aug 2022
1073-bedAED 4M · Apr 2016
1082-bedAED 2.54M · Mar 2018
1–7 of 10

106, Marina Residences 4 in numbers

  • Sold twice: first on 11 May 2011 for AED 4,300,000, last on 18 July 2021 for AED 4,000,000 (AED 845 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, from AED 264,316 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 5.0%, before a service charge of about AED 78,800 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 18 July 2021.

Questions about 106, Marina Residences 4

What did unit 106 last sell for?

AED 4,000,000 on 18 July 2021: AED 845 per sqft for 4,730 sqft. The unit has 2 registered sales; the first was AED 4,300,000 in May 2011.

What is the rent for unit 106?

AED 200,000 a year on the contract signed on 15 September 2020. The previous contract, from March 2019, was AED 230,000; the unit has been rented since December 2012.

How big is unit 106?

4,730 sqft (439.4 sqm): a three-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 106 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 106, Marina Residences 4

Starts from the last sale price (AED 4M, 18 July 2021). 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 →