2-bed · 1,735 sqftMarina Residences 4, Palm Jumeirah · 5th floor · completed 2009

503, Marina Residences 4

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

Unit 503 · DLD and Ejari recordsUpdated 8 November 2022
Last soldAED 2.15M8 November 2022
Current rentAED 90K /yr11 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Marina Residences 4

What is 503 worth today?

Last sold for AED 2,150,000 in 2022

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8 Nov 2022SoldReady
AED 2,150,000AED 1,239 per sqft
11 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
26 Jan 2020RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
27 Aug 2017SoldReady
AED 1,200,000AED 691 per sqft
30 Aug 2016RentedNew contract
AED 155,000/yr12 months · AED 89 per sqft
30 Aug 2015RentedNew contract
AED 165,000/yr12 months · AED 95 per sqft
14 Feb 2013RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft
17 Mar 2011Sold by developerReady
AED 1,455,550AED 838 per sqft

Source: Dubai Land Department. Updated 8 November 2022.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
5th of 14
Parking
CLG-103
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.15M · November 2022

About 503, Marina Residences 4

503 is a two-bedroom apartment of 1,735 sqft on the 5th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 8 November 2022 for AED 2,150,000, or AED 1,239 per sqft, in line with the AED 1,224 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 11 March 2021, is AED 90,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 28,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 2011: AED 1,455,550 (AED 838 per sqft)Sold, August 2017: AED 1,200,000 (AED 691 per sqft)Sold, November 2022: AED 2,150,000 (AED 1,239 per sqft)

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

Rents
Unit 503, 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, February 2013: AED 130,000 a yearNew contract, August 2015: AED 165,000 a yearNew contract, August 2016: AED 155,000 a yearNew contract, January 2020: AED 110,000 a yearNew contract, March 2021: AED 90,000 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 503 sits

All 113 2-beds →

503 last sold in November 2022 at AED 1,239 per sqft, in line with what two-beds in Marina Residences 4 were fetching at the time (AED 1,224). 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. 503's AED 90,000 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 5th floor

All 166 units in Marina Residences 4
Value
5012-bedAED 3.6M · Oct 2025
5022-bedAED 2.86M · Sep 2010
5042-bedAED 2.2M · Feb 2017
5053-bedAED 3.3M · Oct 2013
5063-bedAED 10M · Jul 2025
5073-bedAED 4.65M · Apr 2024
5082-bedAED 2.71M · Jan 2012
1–7 of 10

503, Marina Residences 4 in numbers

  • Sold 3 times: first on 17 March 2011 for AED 1,455,550, last on 8 November 2022 for AED 2,150,000 (AED 1,239 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 130,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 28,900 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 8 November 2022.

Questions about 503, Marina Residences 4

What did unit 503 last sell for?

AED 2,150,000 on 8 November 2022: AED 1,239 per sqft for 1,735 sqft. The unit has 3 registered sales; the first was AED 1,455,550 in March 2011.

What is the rent for unit 503?

AED 90,000 a year on the contract signed on 11 March 2021. The previous contract, from January 2020, was AED 110,000; the unit has been rented since February 2013.

How big is unit 503?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.

What is unit 503 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 503, Marina Residences 4

Starts from the last sale price (AED 2.15M, 8 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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