2-bed · 1,936 sqftMarina Residences 4, Palm Jumeirah · 4th floor · completed 2009

401, Marina Residences 4

Sold prices and rental history: sold twice, last in May 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 27 May 2021
Last soldAED 1.6M27 May 2021
Current rentAED 120K /yr23 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Marina Residences 4

What is 401 worth today?

Last sold for AED 1,600,000 in 2021

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27 May 2021SoldReady
AED 1,600,000AED 826 per sqft
23 Feb 2021RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
10 Dec 2018RentedNew contract
AED 165,000/yr12 months · AED 85 per sqft
10 Jan 2017RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
21 Nov 2010Sold by developerReady
AED 2,360,000AED 1,218 per sqft

Source: Dubai Land Department. Updated 27 May 2021.

Key facts

Type
2-bed apartment
Size
1,936 sqft
Floor
4th of 14
Parking
CB1-82
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,300 /yr
Last sold
AED 1.6M · May 2021

About 401, Marina Residences 4

401 is a two-bedroom apartment of 1,936 sqft on the 4th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 27 May 2021 for AED 1,600,000, or AED 826 per sqft, in line with the AED 805 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 23 February 2021, is AED 120,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 32,300 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Marina Residences 4
2M4M2010201520202025Typical sale price by year: 2010 AED 2,740,000; 2011 AED 2,760,000; 2012 AED 2,224,250; 2013 AED 2,512,500; 2014 AED 2,710,200; 2015 AED 2,550,050; 2016 AED 2,250,000; 2017 AED 2,360,000; 2018 AED 2,000,000; 2019 AED 1,725,000; 2021 AED 2,176,467; 2022 AED 2,230,000; 2023 AED 2,700,500; 2024 AED 3,037,500; 2025 AED 3,675,000; 2026 AED 4,025,000Sold by developer, November 2010: AED 2,360,000 (AED 1,218 per sqft)Sold, May 2021: AED 1,600,000 (AED 826 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Marina Residences 4
100K150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 143,375; 2014 AED 161,000; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 107,500; 2021 AED 109,000; 2022 AED 125,000; 2023 AED 136,400; 2024 AED 160,023; 2025 AED 182,645; 2026 AED 180,000New contract, January 2017: AED 130,000 a yearNew contract, December 2018: AED 165,000 a yearNew contract, February 2021: AED 120,000 a year

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

2-beds in Marina Residences 4, and where 401 sits

All 113 2-beds →

401 last sold in May 2021 at AED 826 per sqft, in line with what two-beds in Marina Residences 4 were fetching at the time (AED 805). Over the last 12 months two-beds sold for AED 3,080,000 to 7,000,000, around AED 2,103 per sqft, and rent for AED 120,000 to 500,000 a year. 401's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20263,880,000
21 Oct 20264,250,000
24 Sep 20264,200,000
22 Jul 20264,000,000
14 2-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 4th floor

All 166 units in Marina Residences 4
Value
4022-bedAED 2.87M · Sep 2010
4032-bedAED 3M · Jun 2024
4042-bedAED 1.48M · Jun 2012
4053-bedAED 1.8M · Oct 2010
4063-bedAED 10.2M · Oct 2025
4073-bedAED 4.9M · Mar 2024
4082-bedAED 2.6M · Jul 2022
1–7 of 10

401, Marina Residences 4 in numbers

  • Sold twice: first on 21 November 2010 for AED 2,360,000, last on 27 May 2021 for AED 1,600,000 (AED 826 per sqft).
  • Rented since January 2017 on 3 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 32,300 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 4 sold for AED 3,080,000–7,000,000 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 27 May 2021.

Questions about 401, Marina Residences 4

What did unit 401 last sell for?

AED 1,600,000 on 27 May 2021: AED 826 per sqft for 1,936 sqft. The unit has 2 registered sales; the first was AED 2,360,000 in November 2010.

What is the rent for unit 401?

AED 120,000 a year on the contract signed on 23 February 2021. The previous contract, from December 2018, was AED 165,000; the unit has been rented since January 2017.

How big is unit 401?

1,936 sqft (179.9 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residences 4 sold for AED 3,080,000 to 7,000,000 in the last 12 months, around AED 2,103 per sqft.

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Mortgage on 401, Marina Residences 4

Starts from the last sale price (AED 1.6M, 27 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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