2-bed · 1,778 sqftMarina Residences 4, Palm Jumeirah · 12th floor · completed 2009

1203, Marina Residences 4

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 14 August 2023
Last soldAED 2.75M14 August 2023
Current rentAED 98K /yr15 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Marina Residences 4

What is 1203 worth today?

Last sold for AED 2,750,000 in 2023

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14 Aug 2023SoldReady
AED 2,750,000AED 1,546 per sqft
15 Mar 2021RentedNew contract
AED 98,000/yr12 months · AED 55 per sqft
1 Feb 2020RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
1 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 73 per sqft
23 Dec 2016RentedRenewal
AED 167,000/yr12 months · AED 94 per sqft
23 Dec 2015RentedNew contract
AED 170,000/yr12 months · AED 96 per sqft
6 Nov 2014Sold by developerReady
AED 2,720,400AED 1,530 per sqft
21 Oct 2014RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 14 August 2023.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
12th of 14
Parking
4-B54
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 2.75M · August 2023

About 1203, Marina Residences 4

1203 is a two-bedroom apartment of 1,778 sqft on the 12th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 14 August 2023 for AED 2,750,000, or AED 1,546 per sqft, 19% above the AED 1,294 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 March 2021, is AED 98,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, November 2014: AED 2,720,400 (AED 1,530 per sqft)Sold, August 2023: AED 2,750,000 (AED 1,546 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, 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, August 2014: AED 170,382 a yearNew contract, October 2014: AED 140,000 a yearNew contract, December 2015: AED 170,000 a yearRenewal, December 2016: AED 167,000 a yearNew contract, February 2019: AED 130,000 a yearRenewal, February 2020: AED 100,000 a yearNew contract, March 2021: AED 98,000 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 1203 sits

All 113 2-beds →

1203 last sold in August 2023 at AED 1,546 per sqft, 19% above what two-beds in Marina Residences 4 were fetching at the time (AED 1,294). 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. 1203's AED 98,000 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 12th floor

All 166 units in Marina Residences 4
Value
12012-bedAED 2.81M · Jul 2015
12022-bedAED 4.1M · May 2025
12042-bedAED 2.26M · Nov 2022
12053-bedAED 4.7M · Dec 2024
12063-bedAED 15.25M · Jan 2026
12073-bedAED 6.7M · Dec 2025
12082-bedAED 2.6M · Jun 2021
1–7 of 10

1203, Marina Residences 4 in numbers

  • Sold twice: first on 6 November 2014 for AED 2,720,400, last on 14 August 2023 for AED 2,750,000 (AED 1,546 per sqft).
  • Rented since August 2014 on 7 Ejari contracts, from AED 170,382 to AED 98,000 a year.
  • At AED 98,000 a year the gross yield on the 2023 price is 3.6%, 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 14 August 2023.

Questions about 1203, Marina Residences 4

What did unit 1203 last sell for?

AED 2,750,000 on 14 August 2023: AED 1,546 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 2,720,400 in November 2014.

What is the rent for unit 1203?

AED 98,000 a year on the contract signed on 15 March 2021. The previous contract, from February 2020, was AED 100,000; the unit has been rented since August 2014.

How big is unit 1203?

1,778 sqft (165.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1203 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 1203, Marina Residences 4

Starts from the last sale price (AED 2.75M, 14 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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