2-bed · 1,778 sqftMarina Residences 4, Palm Jumeirah · 11th floor · completed 2009

1103, Marina Residences 4

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 2.85M29 August 2010
Current rentAED 195K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Marina Residences 4

What is 1103 worth today?

Last sold for AED 2,850,000 in 2010

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1 Oct 2024RentedNew contract
AED 195,000/yr12 months · AED 110 per sqft
21 Jul 2023RentedRenewal
AED 131,250/yr12 months · AED 74 per sqft
15 Jul 2022RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
15 Jul 2021RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
29 Jun 2020RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
29 Jun 2019RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
27 May 2018RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft
6 Mar 2017RentedNew contract
AED 165,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
11th of 14
Parking
CLG-44
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 2.85M · August 2010

About 1103, Marina Residences 4

1103 is a two-bedroom apartment of 1,778 sqft on the 11th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 29 August 2010 for AED 2,850,000, or AED 1,602 per sqft, in line with the AED 1,579 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 October 2024, is AED 195,000 a year: a gross yield of 6.8% on the 2010 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, August 2010: AED 2,850,000 (AED 1,602 per sqft)

1103 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, each contractTypical two-bed in Marina Residences 4
100K150K200K2012201620202024Typical 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, October 2013: AED 141,750 a yearNew contract, August 2015: AED 175,000 a yearNew contract, March 2017: AED 165,000 a yearNew contract, May 2018: AED 135,000 a yearNew contract, June 2019: AED 120,000 a yearRenewal, June 2020: AED 100,000 a yearNew contract, July 2021: AED 120,000 a yearRenewal, July 2022: AED 125,000 a yearRenewal, July 2023: AED 131,250 a yearNew contract, October 2024: AED 195,000 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 1103 sits

All 113 2-beds →

1103 last sold in August 2010 at AED 1,602 per sqft, in line with what two-beds in Marina Residences 4 were fetching at the time (AED 1,579). 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. 1103's AED 195,000 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 11th floor

All 166 units in Marina Residences 4
Value
11012-bedAED 2.77M · Jun 2023
11022-bedAED 4.05M · Jun 2026
11042-bedAED 2.7M · Dec 2014
11053-bedAED 3.5M · Nov 2017
11063-bedAED 9.2M · Oct 2023
11073-bedAED 3.95M · Jun 2011
11082-bedAED 4.85M · Mar 2026
1–7 of 10

1103, Marina Residences 4 in numbers

  • Sold once: by The Palm - Jumeirah Co on 29 August 2010 for AED 2,850,000, or AED 1,602 per sqft.
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 141,750 to AED 100,000 in 2020 and recovered to AED 195,000 by October 2024.
  • At AED 195,000 a year the gross yield on the 2010 price is 6.8%, before a service charge of about AED 29,600 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 1 October 2024.

Questions about 1103, Marina Residences 4

What did unit 1103 last sell for?

AED 2,850,000 on 29 August 2010, sold by the developer: AED 1,602 per sqft for 1,778 sqft. It is the only registered sale of the unit.

What is the rent for unit 1103?

AED 195,000 a year on the contract signed on 1 October 2024. The previous contract, from July 2023, was AED 131,250; the unit has been rented since October 2013.

How big is unit 1103?

1,778 sqft (165.2 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2009.

What is unit 1103 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 1103, Marina Residences 4

Starts from the last sale price (AED 2.85M, 29 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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