408, Marina Residences 4
Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Marina Residences 4
What is 408 worth today?
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Source: Dubai Land Department. Updated 6 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,867 sqft
- Floor
- 4th of 14
- Parking
- CLG-78
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2.6M · July 2022
- Building
- Marina Residences 4
About 408, Marina Residences 4
408 is a two-bedroom apartment of 1,867 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 25 July 2022 for AED 2,600,000, or AED 1,392 per sqft, 12% above the AED 1,240 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 6 February 2023, is AED 118,299 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 31,100 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 113 2-beds →408 last sold in July 2022 at AED 1,392 per sqft, 12% above what two-beds in Marina Residences 4 were fetching at the time (AED 1,240). 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. 408's AED 118,299 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,778 sqft | 3,880,000 | 2,182 | ||
| 21 Oct 202621 October 2026 | 1,778 sqft | 4,250,000 | 2,390 | ||
| 24 Sep 202624 September 2026 | 1,858 sqft | 4,200,000 | 2,260 | ||
| 22 Jul 202622 July 2026 | 2,042 sqft | 4,000,000 | 1,959 |
Marina Residences 4
Building166 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%
Other units on the 4th floor
All 166 units in Marina Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,936 sqft | AED 1.6MAED 1,600,000 · May 2021May 2021 | 120,000 /yr | |
| 402 | 2-bed | 1,734 sqft | AED 2.87MAED 2,868,800 · Sep 2010September 2010 | 151,593 /yr | |
| 403 | 2-bed | 1,928 sqft | AED 3MAED 3,000,000 · Jun 2024June 2024 | 136,000 /yr | |
| 404 | 2-bed | 1,867 sqft | AED 1.48MAED 1,481,050 · Jun 2012June 2012 | 202,000 /yr | |
| 405 | 3-bed | 2,440 sqft | AED 1.8MAED 1,800,000 · Oct 2010October 2010 | 196,020 /yr | |
| 406 | 3-bed | 4,053 sqft | AED 10.2MAED 10,200,000 · Oct 2025October 2025 | 220,000 /yr | |
| 407 | 3-bed | 2,440 sqft | AED 4.9MAED 4,900,000 · Mar 2024March 2024 | 125,000 /yr | |
| 409 | 2-bed | 1,927 sqft | AED 4.5MAED 4,500,000 · Mar 2026March 2026 | 220,000 /yr | |
| 410 | 2-bed | 1,734 sqft | AED 1.3MAED 1,300,000 · Oct 2010October 2010 | 200,000 /yr | |
| 411 | 2-bed | 1,936 sqft | AED 2.55MAED 2,550,000 · Nov 2013November 2013 | 190,000 /yr |
408, Marina Residences 4 in numbers
- Sold twice: first on 2 March 2011 for AED 2,760,000, last on 25 July 2022 for AED 2,600,000 (AED 1,392 per sqft).
- Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 90,000 in 2021 and recovered to AED 118,299 by February 2023.
- At AED 118,299 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 31,100 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 6 February 2023.
Questions about 408, Marina Residences 4
What did unit 408 last sell for?
AED 2,600,000 on 25 July 2022: AED 1,392 per sqft for 1,867 sqft. The unit has 2 registered sales; the first was AED 2,760,000 in March 2011.
What is the rent for unit 408?
AED 118,299 a year on the contract signed on 6 February 2023. The previous contract, from February 2022, was AED 103,500; the unit has been rented since January 2013.
How big is unit 408?
1,867 sqft (173.5 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.
What is unit 408 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 408, Marina Residences 4
Starts from the last sale price (AED 2.6M, 25 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →