3-bed · 2,439 sqftMarina Residences 4, Palm Jumeirah · 5th floor · completed 2009

507, Marina Residences 4

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

Unit 507 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 4.65M26 April 2024
Current rentAED 140K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Marina Residences 4

What is 507 worth today?

Last sold for AED 4,650,000 in 2024

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26 Apr 2024SoldReady
AED 4,650,000AED 1,906 per sqft
15 May 2023RentedNew contract
AED 140,000/yr12 months · AED 57 per sqft
15 May 2022RentedRenewal
AED 140,000/yr12 months · AED 57 per sqft
15 May 2021RentedNew contract
AED 140,000/yr12 months · AED 57 per sqft
15 May 2020RentedRenewal
AED 140,000/yr12 months · AED 57 per sqft
15 May 2019RentedRenewal
AED 140,000/yr12 months · AED 57 per sqft
15 May 2016RentedRenewal
AED 140,000/yr36 months · AED 57 per sqft
15 May 2015RentedNew contract
AED 140,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
5th of 14
Parking
4-B130
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 4.65M · April 2024

About 507, Marina Residences 4

507 is a three-bedroom apartment of 2,439 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 26 April 2024 for AED 4,650,000, or AED 1,906 per sqft, 6% above the AED 1,800 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 May 2023, is AED 140,000 a year: a gross yield of 3.0% on the 2024 price, before the service charge of about AED 40,700 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, April 2011: AED 3,820,400 (AED 1,566 per sqft)Sold, April 2024: AED 4,650,000 (AED 1,906 per sqft)

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

Rents
Unit 507, each contractTypical three-bed in Marina Residences 4
200K300K2012201620202024Typical 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, May 2013: AED 140,000 a yearNew contract, May 2015: AED 140,000 a yearRenewal, May 2016: AED 140,000 a yearRenewal, May 2019: AED 140,000 a yearRenewal, May 2020: AED 140,000 a yearNew contract, May 2021: AED 140,000 a yearRenewal, May 2022: AED 140,000 a yearNew contract, May 2023: AED 140,000 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 507 sits

All 48 3-beds →

507 last sold in April 2024 at AED 1,906 per sqft, 6% above what three-beds in Marina Residences 4 were fetching at the time (AED 1,800). 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. 507's AED 140,000 is at the bottom 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 5th floor

All 166 units in Marina Residences 4
Value
5012-bedAED 3.6M · Oct 2025
5022-bedAED 2.86M · Sep 2010
5032-bedAED 2.15M · Nov 2022
5042-bedAED 2.2M · Feb 2017
5053-bedAED 3.3M · Oct 2013
5063-bedAED 10M · Jul 2025
5082-bedAED 2.71M · Jan 2012
1–7 of 10

507, Marina Residences 4 in numbers

  • Sold twice: first on 26 April 2011 for AED 3,820,400, last on 26 April 2024 for AED 4,650,000 (AED 1,906 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 3.0%, 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 26 April 2024.

Questions about 507, Marina Residences 4

What did unit 507 last sell for?

AED 4,650,000 on 26 April 2024: AED 1,906 per sqft for 2,439 sqft. The unit has 2 registered sales; the first was AED 3,820,400 in April 2011.

What is the rent for unit 507?

AED 140,000 a year on the contract signed on 15 May 2023. The previous contract, from May 2022, was AED 140,000; the unit has been rented since May 2013.

How big is unit 507?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.

What is unit 507 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 507, Marina Residences 4

Starts from the last sale price (AED 4.65M, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,650,000
Deposit, UAE resident (20%)
AED 930,000
Deposit, non-resident (40%)
AED 1,860,000
Monthly over 25 years at 3.7%
AED 19,025

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