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

509, Marina Residences 4

Sold prices and rental history: sold twice, last in January 2016, and rented once, from October 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 10 January 2016
Last soldAED 2.6M10 January 2016
Current rentAED 160K /yr15 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Marina Residences 4

What is 509 worth today?

Last sold for AED 2,600,000 in 2016

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10 Jan 2016SoldReady
AED 2,600,000AED 1,498 per sqft
15 Oct 2014RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
17 Nov 2011Sold by developerReady
AED 3,685,600AED 2,124 per sqft

Source: Dubai Land Department. Updated 10 January 2016.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
5th of 14
Parking
CLG-94
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.6M · January 2016

About 509, Marina Residences 4

509 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 10 January 2016 for AED 2,600,000, or AED 1,498 per sqft, 8% above the AED 1,390 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2014. The current contract, signed on 15 October 2014, is AED 160,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 28,900 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, November 2011: AED 3,685,600 (AED 2,124 per sqft)Sold, January 2016: AED 2,600,000 (AED 1,498 per sqft)

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

Rents
Unit 509, 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, October 2014: AED 160,000 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 509 sits

All 113 2-beds →

509 last sold in January 2016 at AED 1,498 per sqft, 8% above what two-beds in Marina Residences 4 were fetching at the time (AED 1,390). 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. 509's AED 160,000 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 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
5073-bedAED 4.65M · Apr 2024
1–7 of 10

509, Marina Residences 4 in numbers

  • Sold twice: first on 17 November 2011 for AED 3,685,600, last on 10 January 2016 for AED 2,600,000 (AED 1,498 per sqft).
  • Rented since October 2014 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2016 price is 6.2%, 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 10 January 2016.

Questions about 509, Marina Residences 4

What did unit 509 last sell for?

AED 2,600,000 on 10 January 2016: AED 1,498 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 3,685,600 in November 2011.

What is the rent for unit 509?

AED 160,000 a year on the contract signed on 15 October 2014.

How big is unit 509?

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 509 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 509, Marina Residences 4

Starts from the last sale price (AED 2.6M, 10 January 2016). 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 →