2-bed · 1,746 sqftMarina Residences 4, Palm Jumeirah · 12th floor · completed 2009

1208, Marina Residences 4

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 13 June 2021
Last soldAED 2.6M13 June 2021
Current rentAED 170K /yr3 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Marina Residences 4

What is 1208 worth today?

Last sold for AED 2,600,000 in 2021

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13 Jun 2021SoldReady
AED 2,600,000AED 1,489 per sqft
3 Nov 2016RentedNew contract
AED 170,000/yr12 months · AED 97 per sqft
1 Sep 2015RentedRenewal
AED 184,800/yr12 months · AED 106 per sqft
1 Sep 2014RentedNew contract
AED 176,000/yr12 months · AED 101 per sqft
1 Sep 2013RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
18 Jul 2013Sold by developerReady
AED 2,920,000AED 1,672 per sqft

Source: Dubai Land Department. Updated 13 June 2021.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
12th of 14
Parking
CB1-58
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 2.6M · June 2021

About 1208, Marina Residences 4

1208 is a two-bedroom apartment of 1,746 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 13 June 2021 for AED 2,600,000, or AED 1,489 per sqft, 80% above the AED 826 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 3 November 2016, is AED 170,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 29,100 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, July 2013: AED 2,920,000 (AED 1,672 per sqft)Sold, June 2021: AED 2,600,000 (AED 1,489 per sqft)

1208 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, 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, September 2013: AED 160,000 a yearNew contract, September 2014: AED 176,000 a yearRenewal, September 2015: AED 184,800 a yearNew contract, November 2016: AED 170,000 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 1208 sits

All 113 2-beds →

1208 last sold in June 2021 at AED 1,489 per sqft, 80% above what two-beds in Marina Residences 4 were fetching at the time (AED 826). 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. 1208's AED 170,000 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 12th floor

All 166 units in Marina Residences 4
Value
12012-bedAED 2.81M · Jul 2015
12022-bedAED 4.1M · May 2025
12032-bedAED 2.75M · Aug 2023
12042-bedAED 2.26M · Nov 2022
12053-bedAED 4.7M · Dec 2024
12063-bedAED 15.25M · Jan 2026
12073-bedAED 6.7M · Dec 2025
1–7 of 10

1208, Marina Residences 4 in numbers

  • Sold twice: first on 18 July 2013 for AED 2,920,000, last on 13 June 2021 for AED 2,600,000 (AED 1,489 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 160,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 29,100 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 June 2021.

Questions about 1208, Marina Residences 4

What did unit 1208 last sell for?

AED 2,600,000 on 13 June 2021: AED 1,489 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 2,920,000 in July 2013.

What is the rent for unit 1208?

AED 170,000 a year on the contract signed on 3 November 2016. The previous contract, from September 2015, was AED 184,800; the unit has been rented since September 2013.

How big is unit 1208?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1208 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 1208, Marina Residences 4

Starts from the last sale price (AED 2.6M, 13 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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