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

1404, Marina Residences 4

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 19 December 2021
Last soldAED 7.9M19 December 2021
Current rentAED 350K /yr4 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Marina Residences 4

What is 1404 worth today?

Last sold for AED 7,900,000 in 2021

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19 Dec 2021SoldReady
AED 7,900,000AED 1,158 per sqft
4 Sep 2021RentedRenewal
AED 350,000/yr12 months · AED 51 per sqft
4 Sep 2020RentedRenewal
AED 350,000/yr12 months · AED 51 per sqft
4 Sep 2019RentedRenewal
AED 400,000/yr12 months · AED 59 per sqft
4 Sep 2018RentedNew contract
AED 450,000/yr12 months · AED 66 per sqft
15 Aug 2017RentedRenewal
AED 450,000/yr12 months · AED 66 per sqft
15 Aug 2016RentedNew contract
AED 450,000/yr12 months · AED 66 per sqft
5 Jun 2015RentedNew contract
AED 490,654/yr13 months · AED 72 per sqft

Source: Dubai Land Department. Updated 19 December 2021.

Key facts

Type
4-bed apartment
Size
6,821 sqft
Floor
14th of 14
Parking
CLG-57 , GG-04
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 113,700 /yr
Last sold
AED 7.9M · December 2021

About 1404, Marina Residences 4

1404 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 19 December 2021 for AED 7,900,000, or AED 1,158 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 4 September 2021, is AED 350,000 a year: a gross yield of 4.4% on the 2021 price, before the service charge of about AED 113,700 a year.

Sales and rents for 1404 over time

Rents
Unit 1404, each contractTypical four-bed in Marina Residences 4
400K500K2015201720192021Typical rent by year: 2020 AED 340,000; 2021 AED 340,000New contract, June 2015: AED 490,654 a yearNew contract, August 2016: AED 450,000 a yearRenewal, August 2017: AED 450,000 a yearNew contract, September 2018: AED 450,000 a yearRenewal, September 2019: AED 400,000 a yearRenewal, September 2020: AED 350,000 a yearRenewal, September 2021: AED 350,000 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 1404 sits

All 4 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
20 Dec 202311,000,000
17 Feb 20229,460,897
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
14024-bedAED 11M · Dec 2023
14035-bedAED 36M · Aug 2026
14054-bedAED 9.46M · Feb 2022

1404, Marina Residences 4 in numbers

  • Sold twice: first on 30 November 2010 for AED 11,226,600, last on 19 December 2021 for AED 7,900,000 (AED 1,158 per sqft).
  • Rented since June 2015 on 7 Ejari contracts, from AED 490,654 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2021 price is 4.4%, before a service charge of about AED 113,700 a year (AED 16.67 per sqft).

Source: Dubai Land Department. Updated 19 December 2021.

Questions about 1404, Marina Residences 4

What did unit 1404 last sell for?

AED 7,900,000 on 19 December 2021: AED 1,158 per sqft for 6,821 sqft. The unit has 2 registered sales; the first was AED 11,226,600 in November 2010.

What is the rent for unit 1404?

AED 350,000 a year on the contract renewed on 4 September 2021. The previous contract, from September 2020, was AED 350,000; the unit has been rented since June 2015.

How big is unit 1404?

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 1404 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 1404, Marina Residences 4

Starts from the last sale price (AED 7.9M, 19 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 7,900,000
Deposit, UAE resident (20%)
AED 1,580,000
Deposit, non-resident (40%)
AED 3,160,000
Monthly over 25 years at 3.7%
AED 32,321

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