3-bed · 4,053 sqftMarina Residences 4, Palm Jumeirah · 3rd floor · completed 2009

306, Marina Residences 4

Sold prices and rental history: sold once, by the developer in January 2012, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 15 September 2022
Last soldAED 4.36M4 January 2012
Current rentAED 360K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Marina Residences 4

What is 306 worth today?

Last sold for AED 4,360,000 in 2012

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15 Sep 2022RentedNew contract
AED 360,000/yr12 months · AED 89 per sqft
1 Oct 2020RentedNew contract
AED 200,000/yr24 months · AED 49 per sqft
4 Jan 2012Sold by developerReady
AED 4,360,000AED 1,075 per sqft

Source: Dubai Land Department. Updated 15 September 2022.

Key facts

Type
3-bed apartment
Size
4,053 sqft
Floor
3rd of 14
Parking
CLG-87, CLG-73
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 4.36M · January 2012

About 306, Marina Residences 4

306 is a three-bedroom apartment of 4,053 sqft on the 3rd floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 4 January 2012 for AED 4,360,000, or AED 1,075 per sqft, 6% below the AED 1,148 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 September 2022, is AED 360,000 a year: a gross yield of 8.3% on the 2012 price, before the service charge of about AED 67,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, January 2012: AED 4,360,000 (AED 1,075 per sqft)

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

Rents
Unit 306, 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, October 2020: AED 200,000 a yearNew contract, September 2022: AED 360,000 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 306 sits

All 48 3-beds →

306 last sold in January 2012 at AED 1,075 per sqft, 6% below what three-beds in Marina Residences 4 were fetching at the time (AED 1,148). 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. 306's AED 360,000 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 3rd floor

All 166 units in Marina Residences 4
Value
3012-bedAED 1.03M · Aug 2016
3022-bedAED 3.8M · Mar 2026
3032-bedAED 3.55M · Jul 2026
3042-bedAED 1.7M · Aug 2010
3053-bedAED 5M · Feb 2026
3073-bedAED 3.45M · May 2022
3082-bedAED 4.2M · Sep 2026
1–7 of 10

306, Marina Residences 4 in numbers

  • Sold once: by The Palm - Jumeirah Co on 4 January 2012 for AED 4,360,000, or AED 1,075 per sqft.
  • Rented since October 2020 on 2 Ejari contracts, from AED 200,000 to AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2012 price is 8.3%, before a service charge of about AED 67,600 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 15 September 2022.

Questions about 306, Marina Residences 4

What did unit 306 last sell for?

AED 4,360,000 on 4 January 2012, sold by the developer: AED 1,075 per sqft for 4,053 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 360,000 a year on the contract signed on 15 September 2022. The previous contract, from October 2020, was AED 200,000.

How big is unit 306?

4,053 sqft (376.5 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 306 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 306, Marina Residences 4

Starts from the last sale price (AED 4.36M, 4 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 4,360,000
Deposit, UAE resident (20%)
AED 872,000
Deposit, non-resident (40%)
AED 1,744,000
Monthly over 25 years at 3.7%
AED 17,838

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