3-bed · 2,736 sqftMarina Residences 4, Palm Jumeirah · 1st floor · completed 2009

107, Marina Residences 4

Sold prices and rental history: sold twice, last in April 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 13 April 2016
Last soldAED 4M13 April 2016
Current rentAED 220K /yr18 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Marina Residences 4

What is 107 worth today?

Last sold for AED 4,000,000 in 2016

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13 Apr 2016SoldReady
AED 4,000,000AED 1,462 per sqft
18 Dec 2015RentedRenewal
AED 220,000/yr12 months · AED 80 per sqft
16 Apr 2015Sold by developerReady
AED 3,200,000AED 1,169 per sqft
18 Dec 2014RentedNew contract
AED 220,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 13 April 2016.

Key facts

Type
3-bed apartment
Size
2,736 sqft
Floor
1st of 14
Parking
CB1-97
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,600 /yr
Last sold
AED 4M · April 2016

About 107, Marina Residences 4

107 is a three-bedroom apartment of 2,736 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 13 April 2016 for AED 4,000,000, or AED 1,462 per sqft, 10% above the AED 1,332 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 18 December 2015, is AED 220,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 45,600 a year.

Sales and rents for 107 over time

Sales
Unit 107, 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, April 2015: AED 3,200,000 (AED 1,169 per sqft)Sold, April 2016: AED 4,000,000 (AED 1,462 per sqft)

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

Rents
Unit 107, 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 2014: AED 220,000 a yearRenewal, December 2015: AED 220,000 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 107 sits

All 48 3-beds →

107 last sold in April 2016 at AED 1,462 per sqft, 10% 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. 107's AED 220,000 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
1063-bedAED 4M · Jul 2021
1082-bedAED 2.54M · Mar 2018
1–7 of 10

107, Marina Residences 4 in numbers

  • Sold twice: first on 16 April 2015 for AED 3,200,000, last on 13 April 2016 for AED 4,000,000 (AED 1,462 per sqft).
  • Rented since December 2014 on 2 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 45,600 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 13 April 2016.

Questions about 107, Marina Residences 4

What did unit 107 last sell for?

AED 4,000,000 on 13 April 2016: AED 1,462 per sqft for 2,736 sqft. The unit has 2 registered sales; the first was AED 3,200,000 in April 2015.

What is the rent for unit 107?

AED 220,000 a year on the contract renewed on 18 December 2015. The previous contract, from December 2014, was AED 220,000.

How big is unit 107?

2,736 sqft (254.2 sqm): a three-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 107 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 107, Marina Residences 4

Starts from the last sale price (AED 4M, 13 April 2016). 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 →