4-bed · 6,821 sqftMarina Residences 4, Palm Jumeirah · 14th floor · completed 2009

1402, Marina Residences 4

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 11M20 December 2023
Current rentAED 284K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Marina Residences 4

What is 1402 worth today?

Last sold for AED 11,000,000 in 2023

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20 Dec 2023SoldReady
AED 11,000,000AED 1,612 per sqft
1 Jan 2023RentedRenewal
AED 283,500/yr12 months · AED 42 per sqft
1 Jan 2022RentedRenewal
AED 283,500/yr12 months · AED 42 per sqft
1 Jan 2021RentedRenewal
AED 270,000/yr12 months · AED 40 per sqft
1 Jan 2020RentedRenewal
AED 300,000/yr12 months · AED 44 per sqft
15 Feb 2017RentedNew contract
AED 420,000/yr24 months · AED 62 per sqft
1 Nov 2013RentedNew contract
AED 475,000/yr12 months · AED 70 per sqft
31 May 2012Sold by developerReady
AED 11,226,600AED 1,645 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
4-bed apartment
Size
6,821 sqft
Floor
14th of 14
Parking
4-GLG35, 4-LG60
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 113,700 /yr
Last sold
AED 11M · December 2023

About 1402, Marina Residences 4

1402 is a four-bedroom apartment of 6,821 sqft on the 14th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 20 December 2023 for AED 11,000,000, or AED 1,612 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 283,500 a year: a gross yield of 2.6% on the 2023 price, before the service charge of about AED 113,700 a year.

Sales and rents for 1402 over time

Rents
Unit 1402, each contractTypical four-bed in Marina Residences 4
300K400K500K2013201620192022Typical rent by year: 2020 AED 340,000; 2021 AED 340,000New contract, November 2013: AED 475,000 a yearNew contract, February 2017: AED 420,000 a yearRenewal, January 2020: AED 300,000 a yearRenewal, January 2021: AED 270,000 a yearRenewal, January 2022: AED 283,500 a yearRenewal, January 2023: AED 283,500 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Marina Residences 4, and where 1402 sits

All 4 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
17 Feb 20229,460,897
19 Dec 20217,900,000
29 Apr 20219,000,000
18 Mar 201512,800,000
0 4-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 14th floor

All 166 units in Marina Residences 4
Value
14014-bedAED 9M · Apr 2021
14035-bedAED 36M · Aug 2026
14044-bedAED 7.9M · Dec 2021
14054-bedAED 9.46M · Feb 2022

1402, Marina Residences 4 in numbers

  • Sold twice: first on 31 May 2012 for AED 11,226,600, last on 20 December 2023 for AED 11,000,000 (AED 1,612 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 475,000 to AED 283,500 a year.
  • At AED 283,500 a year the gross yield on the 2023 price is 2.6%, before a service charge of about AED 113,700 a year (AED 16.67 per sqft).

Source: Dubai Land Department. Updated 20 December 2023.

Questions about 1402, Marina Residences 4

What did unit 1402 last sell for?

AED 11,000,000 on 20 December 2023: AED 1,612 per sqft for 6,821 sqft. The unit has 2 registered sales; the first was AED 11,226,600 in May 2012.

What is the rent for unit 1402?

AED 283,500 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 283,500; the unit has been rented since November 2013.

How big is unit 1402?

6,821 sqft (633.7 sqm): a four-bedroom apartment on the 14th floor of a 14-storey tower completed in 2009.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1402, Marina Residences 4

Starts from the last sale price (AED 11M, 20 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 11,000,000
Deposit, UAE resident (20%)
AED 2,200,000
Deposit, non-resident (40%)
AED 4,400,000
Monthly over 25 years at 3.7%
AED 45,004

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