2-bed · 1,928 sqftMarina Residences 4, Palm Jumeirah · 4th floor · completed 2009

403, Marina Residences 4

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 21 June 2024
Last soldAED 3M21 June 2024
Current rentAED 136K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Marina Residences 4

What is 403 worth today?

Last sold for AED 3,000,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Jun 2024SoldReady
AED 3,000,000AED 1,556 per sqft
15 Feb 2023RentedRenewal
AED 136,000/yr12 months · AED 71 per sqft
15 Feb 2022RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
1 Aug 2020RentedNew contract
AED 90,000/yr12 months · AED 47 per sqft
23 Jul 2019RentedRenewal
AED 125,000/yr12 months · AED 65 per sqft
23 Jul 2018RentedRenewal
AED 125,000/yr12 months · AED 65 per sqft
23 Jul 2017RentedNew contract
AED 135,000/yr12 months · AED 70 per sqft
30 Apr 2016RentedNew contract
AED 146,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 21 June 2024.

Key facts

Type
2-bed apartment
Size
1,928 sqft
Floor
4th of 14
Parking
4-LG80
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,100 /yr
Last sold
AED 3M · June 2024

About 403, Marina Residences 4

403 is a two-bedroom apartment of 1,928 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 21 June 2024 for AED 3,000,000, or AED 1,556 per sqft, 3% above the AED 1,509 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 136,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 32,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, March 2010: AED 3,031,000 (AED 1,572 per sqft)Sold, March 2010: AED 2,280,000 (AED 1,182 per sqft)Sold, March 2016: AED 2,350,000 (AED 1,219 per sqft)Sold, June 2024: AED 3,000,000 (AED 1,556 per sqft)

403 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, 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, September 2013: AED 126,000 a yearRenewal, September 2014: AED 150,000 a yearNew contract, April 2016: AED 146,000 a yearNew contract, July 2017: AED 135,000 a yearRenewal, July 2018: AED 125,000 a yearRenewal, July 2019: AED 125,000 a yearNew contract, August 2020: AED 90,000 a yearNew contract, February 2022: AED 130,000 a yearRenewal, February 2023: AED 136,000 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 403 sits

All 113 2-beds →

403 last sold in June 2024 at AED 1,556 per sqft, 3% above what two-beds in Marina Residences 4 were fetching at the time (AED 1,509). 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. 403's AED 136,000 is in the lower half 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
4012-bedAED 1.6M · May 2021
4022-bedAED 2.87M · Sep 2010
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

403, Marina Residences 4 in numbers

  • Sold 4 times: first on 7 March 2010 for AED 2,280,000, last on 21 June 2024 for AED 3,000,000 (AED 1,556 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 126,000 to AED 90,000 in 2020 and recovered to AED 136,000 by February 2023.
  • At AED 136,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 32,100 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 21 June 2024.

Questions about 403, Marina Residences 4

What did unit 403 last sell for?

AED 3,000,000 on 21 June 2024: AED 1,556 per sqft for 1,928 sqft. The unit has 4 registered sales; the first was AED 2,280,000 in March 2010.

What is the rent for unit 403?

AED 136,000 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 130,000; the unit has been rented since September 2013.

How big is unit 403?

1,928 sqft (179.1 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 403 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.

Selling 403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 403, Marina Residences 4

Starts from the last sale price (AED 3M, 21 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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