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

405, Marina Residences 4

Sold prices and rental history: sold twice, last in October 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 22 September 2024
Last soldAED 1.8M20 October 2010
Current rentAED 196K /yr22 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Marina Residences 4

What is 405 worth today?

Last sold for AED 1,800,000 in 2010

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22 Sep 2024RentedRenewal
AED 196,020/yr12 months · AED 80 per sqft
22 Sep 2024RentedRenewal
AED 196,020/yr12 months · AED 80 per sqft
22 Sep 2023RentedRenewal
AED 196,020/yr12 months · AED 80 per sqft
22 Sep 2023RentedRenewal
AED 196,020/yr12 months · AED 80 per sqft
22 Sep 2022RentedRenewal
AED 148,500/yr12 months · AED 61 per sqft
22 Sep 2021RentedRenewal
AED 135,000/yr12 months · AED 55 per sqft
22 Sep 2020RentedRenewal
AED 125,000/yr12 months · AED 51 per sqft
22 Sep 2019RentedNew contract
AED 135,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 22 September 2024.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
4th of 14
Parking
CB1-92
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 1.8M · October 2010

About 405, Marina Residences 4

405 is a three-bedroom apartment of 2,440 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 20 October 2010 for AED 1,800,000, or AED 737 per sqft, 52% below the AED 1,530 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 22 September 2024, is AED 196,020 a year: a gross yield of 10.9% on the 2010 price, before the service charge of about AED 40,700 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, August 2010: AED 3,758,800 (AED 1,540 per sqft)Sold, October 2010: AED 1,800,000 (AED 737 per sqft)

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

Rents
Unit 405, each contractTypical three-bed in Marina Residences 4
100K200K300K2012201620202024Typical 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, January 2014: AED 185,000 a yearRenewal, January 2015: AED 185,000 a yearRenewal, January 2016: AED 185,000 a yearNew contract, July 2018: AED 150,000 a yearNew contract, September 2019: AED 135,000 a yearRenewal, September 2020: AED 125,000 a yearRenewal, September 2021: AED 135,000 a yearRenewal, September 2022: AED 148,500 a yearRenewal, September 2023: AED 196,020 a yearRenewal, September 2023: AED 196,020 a yearRenewal, September 2024: AED 196,020 a yearRenewal, September 2024: AED 196,020 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 405 sits

All 48 3-beds →

405 last sold in October 2010 at AED 737 per sqft, 52% below what three-beds in Marina Residences 4 were fetching at the time (AED 1,530). 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. 405's AED 196,020 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 4th floor

All 166 units in Marina Residences 4
Value
4012-bedAED 1.6M · May 2021
4022-bedAED 2.87M · Sep 2010
4032-bedAED 3M · Jun 2024
4042-bedAED 1.48M · Jun 2012
4063-bedAED 10.2M · Oct 2025
4073-bedAED 4.9M · Mar 2024
4082-bedAED 2.6M · Jul 2022
1–7 of 10

405, Marina Residences 4 in numbers

  • Sold twice: first on 19 August 2010 for AED 3,758,800, last on 20 October 2010 for AED 1,800,000 (AED 737 per sqft).
  • Rented since January 2014 on 12 Ejari contracts. The rent fell from AED 185,000 to AED 125,000 in 2020 and recovered to AED 196,020 by September 2024.
  • At AED 196,020 a year the gross yield on the 2010 price is 10.9%, 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 22 September 2024.

Questions about 405, Marina Residences 4

What did unit 405 last sell for?

AED 1,800,000 on 20 October 2010: AED 737 per sqft for 2,440 sqft. The unit has 2 registered sales; the first was AED 3,758,800 in August 2010.

What is the rent for unit 405?

AED 196,020 a year on the contract renewed on 22 September 2024. The previous contract, from September 2024, was AED 196,020; the unit has been rented since January 2014.

How big is unit 405?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 405 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 405, Marina Residences 4

Starts from the last sale price (AED 1.8M, 20 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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