3-bed · 2,440 sqftMarina Residences 4, Palm Jumeirah · 3rd floor · completed 2009

307, Marina Residences 4

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 25 May 2022
Last soldAED 3.45M25 May 2022
Current rentAED 148K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Marina Residences 4

What is 307 worth today?

Last sold for AED 3,450,000 in 2022

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25 May 2022SoldReady
AED 3,450,000AED 1,414 per sqft
1 Sep 2021RentedRenewal
AED 148,000/yr12 months · AED 61 per sqft
1 Sep 2020RentedNew contract
AED 138,000/yr12 months · AED 56 per sqft
6 May 2018RentedNew contract
AED 202,000/yr12 months · AED 83 per sqft
20 Aug 2015SoldReady
AED 3,500,000AED 1,434 per sqft
1 Aug 2014RentedRenewal
AED 207,000/yr12 months · AED 85 per sqft
1 Aug 2013RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
22 Nov 2010Sold by developerReady
AED 3,260,000AED 1,336 per sqft

Source: Dubai Land Department. Updated 25 May 2022.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
3rd of 14
Parking
CB1-93
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 3.45M · May 2022

About 307, Marina Residences 4

307 is a three-bedroom apartment of 2,440 sqft on the 3rd floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 25 May 2022 for AED 3,450,000, or AED 1,414 per sqft, 13% above the AED 1,250 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 148,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 40,700 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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 3,260,000 (AED 1,336 per sqft)Sold, August 2015: AED 3,500,000 (AED 1,434 per sqft)Sold, May 2022: AED 3,450,000 (AED 1,414 per sqft)

307 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 307, 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, August 2013: AED 180,000 a yearRenewal, August 2014: AED 207,000 a yearNew contract, May 2018: AED 202,000 a yearNew contract, September 2020: AED 138,000 a yearRenewal, September 2021: AED 148,000 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 307 sits

All 48 3-beds →

307 last sold in May 2022 at AED 1,414 per sqft, 13% above what three-beds in Marina Residences 4 were fetching at the time (AED 1,250). 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. 307's AED 148,000 is at the bottom 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
3063-bedAED 4.36M · Jan 2012
3082-bedAED 4.2M · Sep 2026
1–7 of 10

307, Marina Residences 4 in numbers

  • Sold 3 times: first on 22 November 2010 for AED 3,260,000, last on 25 May 2022 for AED 3,450,000 (AED 1,414 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 180,000 to AED 148,000 a year.
  • At AED 148,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 40,700 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 25 May 2022.

Questions about 307, Marina Residences 4

What did unit 307 last sell for?

AED 3,450,000 on 25 May 2022: AED 1,414 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 3,260,000 in November 2010.

What is the rent for unit 307?

AED 148,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 138,000; the unit has been rented since August 2013.

How big is unit 307?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 307 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 307, Marina Residences 4

Starts from the last sale price (AED 3.45M, 25 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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