2-bed · 1,778 sqftMarina Residences 4, Palm Jumeirah · 13th floor · completed 2009

1302, Marina Residences 4

Sold prices and rental history: sold twice, last in August 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 7 August 2019
Last soldAED 850K7 August 2019
Current rentAED 130K /yr28 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Marina Residences 4

What is 1302 worth today?

Last sold for AED 850,000 in 2019

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7 Aug 2019SoldReady
AED 850,000AED 478 per sqft
28 May 2018RentedNew contract
AED 130,000/yr12 months · AED 73 per sqft
8 Oct 2017RentedRenewal
AED 175,000/yr12 months · AED 99 per sqft
8 Oct 2016RentedNew contract
AED 175,000/yr12 months · AED 99 per sqft
18 May 2015Sold by developerReady
AED 2,485,100AED 1,397 per sqft
8 Oct 2014RentedNew contract
AED 160,000/yr12 months · AED 90 per sqft
8 Oct 2013RentedNew contract
AED 160,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 7 August 2019.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
13th of 14
Parking
4-B53
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 850K · August 2019

About 1302, Marina Residences 4

1302 is a two-bedroom apartment of 1,778 sqft on the 13th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 7 August 2019 for AED 850,000, or AED 478 per sqft, 52% below the AED 988 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 28 May 2018, is AED 130,000 a year: a gross yield of 15.3% on the 2019 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, May 2015: AED 2,485,100 (AED 1,397 per sqft)Sold, August 2019: AED 850,000 (AED 478 per sqft)

1302 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, 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, October 2013: AED 160,000 a yearNew contract, October 2014: AED 160,000 a yearNew contract, October 2016: AED 175,000 a yearRenewal, October 2017: AED 175,000 a yearNew contract, May 2018: AED 130,000 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 1302 sits

All 113 2-beds →

1302 last sold in August 2019 at AED 478 per sqft, 52% below what two-beds in Marina Residences 4 were fetching at the time (AED 988). 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. 1302's AED 130,000 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 13th floor

All 166 units in Marina Residences 4
Value
13012-bedAED 3.45M · Aug 2024
13032-bedAED 3.14M · Jun 2011
13042-bedAED 3.75M · May 2025
13053-bedAED 4.07M · Nov 2010
13063-bedAED 15.5M · Feb 2026
13073-bedAED 4.2M · Jul 2013
13082-bedAED 3.19M · Feb 2017
1–7 of 10

1302, Marina Residences 4 in numbers

  • Sold twice: first on 18 May 2015 for AED 2,485,100, last on 7 August 2019 for AED 850,000 (AED 478 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 160,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2019 price is 15.3%, 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 7 August 2019.

Questions about 1302, Marina Residences 4

What did unit 1302 last sell for?

AED 850,000 on 7 August 2019: AED 478 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 2,485,100 in May 2015.

What is the rent for unit 1302?

AED 130,000 a year on the contract signed on 28 May 2018. The previous contract, from October 2017, was AED 175,000; the unit has been rented since October 2013.

How big is unit 1302?

1,778 sqft (165.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1302 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 1302, Marina Residences 4

Starts from the last sale price (AED 850K, 7 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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