3-bed · 2,438 sqftMarina Residences 4, Palm Jumeirah · 2nd floor · completed 2009

207, Marina Residences 4

Sold prices and rental history: sold twice, last in October 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 11 October 2016
Last soldAED 3.4M11 October 2016
Current rentAED 220K /yr11 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Marina Residences 4

What is 207 worth today?

Last sold for AED 3,400,000 in 2016

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11 Oct 2016SoldReady
AED 3,400,000AED 1,394 per sqft
11 Mar 2016RentedRenewal
AED 220,000/yr12 months · AED 90 per sqft
11 Mar 2015RentedRenewal
AED 220,000/yr12 months · AED 90 per sqft
11 Mar 2014RentedNew contract
AED 199,500/yr12 months · AED 82 per sqft
21 Nov 2010Sold by developerReady
AED 3,529,900AED 1,447 per sqft

Source: Dubai Land Department. Updated 11 October 2016.

Key facts

Type
3-bed apartment
Size
2,438 sqft
Floor
2nd of 14
Parking
CB1-95
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,600 /yr
Last sold
AED 3.4M · October 2016

About 207, Marina Residences 4

207 is a three-bedroom apartment of 2,438 sqft on the 2nd floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 11 October 2016 for AED 3,400,000, or AED 1,394 per sqft, 11% above the AED 1,257 three-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 11 March 2016, is AED 220,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 40,600 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical three-bed in Marina Residences 4
010M2010201520202025Typical sale price by year: 2010 AED 4,068,000; 2011 AED 3,895,000; 2012 AED 2,825,000; 2013 AED 3,350,000; 2014 AED 3,720,000; 2015 AED 3,412,400; 2016 AED 4,804,000; 2018 AED 2,150,000; 2019 AED 2,350,000; 2021 AED 3,250,000; 2022 AED 3,650,000; 2023 AED 7,000,000; 2024 AED 4,800,000; 2025 AED 6,950,000; 2026 AED 15,250,000Sold by developer, November 2010: AED 3,529,900 (AED 1,447 per sqft)Sold, October 2016: AED 3,400,000 (AED 1,394 per sqft)

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

Rents
Unit 207, each contractTypical three-bed in Marina Residences 4
200K300K2012201620202024Typical rent by year: 2012 AED 220,327; 2013 AED 205,000; 2014 AED 216,175; 2015 AED 217,500; 2016 AED 220,000; 2017 AED 192,565; 2018 AED 185,000; 2019 AED 170,000; 2020 AED 150,000; 2021 AED 150,000; 2022 AED 185,000; 2023 AED 198,010; 2024 AED 250,000; 2025 AED 284,500; 2026 AED 267,500New contract, March 2014: AED 199,500 a yearRenewal, March 2015: AED 220,000 a yearRenewal, March 2016: AED 220,000 a year

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

3-beds in Marina Residences 4, and where 207 sits

All 48 3-beds →

207 last sold in October 2016 at AED 1,394 per sqft, 11% above what three-beds in Marina Residences 4 were fetching at the time (AED 1,257). Over the last 12 months three-beds sold for AED 4,999,000 to 15,500,000, around AED 3,208 per sqft, and rent for AED 184,800 to 1,300,000 a year. 207's AED 220,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Feb 202615,500,000
13 Feb 20264,999,000
28 Jan 202615,250,000
15 Dec 20256,700,000
4 3-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 2nd floor

All 166 units in Marina Residences 4
Value
2012-bedAED 1.66M · Feb 2021
2022-bedAED 2.25M · May 2016
2032-bedAED 2.7M · Sep 2023
2042-bedAED 3.26M · Feb 2015
2053-bedAED 1.94M · Feb 2021
2063-bedAED 3.95M · Jun 2021
2082-bedAED 2.53M · May 2013
1–7 of 10

207, Marina Residences 4 in numbers

  • Sold twice: first on 21 November 2010 for AED 3,529,900, last on 11 October 2016 for AED 3,400,000 (AED 1,394 per sqft).
  • Rented since March 2014 on 3 Ejari contracts, from AED 199,500 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 40,600 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 4 sold for AED 4,999,000–15,500,000 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 11 October 2016.

Questions about 207, Marina Residences 4

What did unit 207 last sell for?

AED 3,400,000 on 11 October 2016: AED 1,394 per sqft for 2,438 sqft. The unit has 2 registered sales; the first was AED 3,529,900 in November 2010.

What is the rent for unit 207?

AED 220,000 a year on the contract renewed on 11 March 2016. The previous contract, from March 2015, was AED 220,000; the unit has been rented since March 2014.

How big is unit 207?

2,438 sqft (226.5 sqm): a three-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 4 sold for AED 4,999,000 to 15,500,000 in the last 12 months, around AED 3,208 per sqft.

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Mortgage on 207, Marina Residences 4

Starts from the last sale price (AED 3.4M, 11 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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