2-bed · 1,975 sqftMarina Residences 4, Palm Jumeirah · 1st floor · completed 2009

111, Marina Residences 4

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 13 October 2022
Last soldAED 2.2M13 October 2022
Current rentAED 80K /yr17 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Marina Residences 4

What is 111 worth today?

Last sold for AED 2,200,000 in 2022

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13 Oct 2022SoldReady
AED 2,200,000AED 1,113 per sqft
1 Jun 2022SoldReady
AED 1,677,574AED 849 per sqft
17 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 40 per sqft
18 May 2018RentedRenewal
AED 122,500/yr12 months · AED 62 per sqft
18 May 2017RentedNew contract
AED 135,000/yr12 months · AED 68 per sqft
1 Feb 2016RentedNew contract
AED 120,000/yr12 months · AED 61 per sqft
29 Jun 2013RentedNew contract
AED 125,000/yr12 months · AED 63 per sqft
29 Feb 2012Sold by developerReady
AED 2,300,000AED 1,164 per sqft

Source: Dubai Land Department. Updated 13 October 2022.

Key facts

Type
2-bed apartment
Size
1,975 sqft
Floor
1st of 14
Parking
CB1-60
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,900 /yr
Last sold
AED 2.2M · October 2022

About 111, Marina Residences 4

111 is a two-bedroom apartment of 1,975 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 October 2022 for AED 2,200,000, or AED 1,113 per sqft, 7% below the AED 1,199 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 17 July 2020, is AED 80,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 32,900 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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, February 2012: AED 2,300,000 (AED 1,164 per sqft)Sold, June 2022: AED 1,677,574 (AED 849 per sqft)Sold, October 2022: AED 2,200,000 (AED 1,113 per sqft)

111 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 111, 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, June 2013: AED 125,000 a yearNew contract, February 2016: AED 120,000 a yearNew contract, May 2017: AED 135,000 a yearRenewal, May 2018: AED 122,500 a yearNew contract, July 2020: AED 80,000 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 111 sits

All 113 2-beds →

111 last sold in October 2022 at AED 1,113 per sqft, 7% below what two-beds in Marina Residences 4 were fetching at the time (AED 1,199). 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. 111's AED 80,000 is at the bottom 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 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
1073-bedAED 4M · Apr 2016
1–7 of 10

111, Marina Residences 4 in numbers

  • Sold 3 times: first on 29 February 2012 for AED 2,300,000, last on 13 October 2022 for AED 2,200,000 (AED 1,113 per sqft).
  • Rented since June 2013 on 5 Ejari contracts, from AED 125,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 3.6%, before a service charge of about AED 32,900 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 13 October 2022.

Questions about 111, Marina Residences 4

What did unit 111 last sell for?

AED 2,200,000 on 13 October 2022: AED 1,113 per sqft for 1,975 sqft. The unit has 3 registered sales; the first was AED 2,300,000 in February 2012.

What is the rent for unit 111?

AED 80,000 a year on the contract signed on 17 July 2020. The previous contract, from May 2018, was AED 122,500; the unit has been rented since June 2013.

How big is unit 111?

1,975 sqft (183.5 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 111 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 111, Marina Residences 4

Starts from the last sale price (AED 2.2M, 13 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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