2-bed · 1,870 sqftMarina Residences 4, Palm Jumeirah · 5th floor · completed 2009

511, Marina Residences 4

Sold prices and rental history: sold 3 times, last in October 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 1.46M18 October 2010
Current rentAED 130K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Marina Residences 4

What is 511 worth today?

Last sold for AED 1,456,150 in 2010

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15 Sep 2023RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
15 Sep 2022RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
15 Sep 2021RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
15 Sep 2020RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
15 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 61 per sqft
6 Nov 2017RentedRenewal
AED 157,992/yr4 months · AED 84 per sqft
6 Nov 2016RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
2 Sep 2015RentedRenewal
AED 173,250/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
2-bed apartment
Size
1,870 sqft
Floor
5th of 14
Parking
CB1-86
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,200 /yr
Last sold
AED 1.46M · October 2010

About 511, Marina Residences 4

511 is a two-bedroom apartment of 1,870 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 18 October 2010 for AED 1,456,150, or AED 778 per sqft, 51% below the AED 1,572 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 130,000 a year: a gross yield of 8.9% on the 2010 price, before the service charge of about AED 31,200 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, February 2010: AED 2,380,000 (AED 1,272 per sqft)Sold, February 2010: AED 2,380,000 (AED 1,272 per sqft)Sold, October 2010: AED 1,456,150 (AED 778 per sqft)

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

Rents
Unit 511, 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, July 2013: AED 150,000 a yearNew contract, September 2014: AED 165,000 a yearRenewal, September 2015: AED 173,250 a yearNew contract, November 2016: AED 150,000 a yearRenewal, November 2017: AED 157,992 a yearNew contract, September 2019: AED 115,000 a yearRenewal, September 2020: AED 115,000 a yearRenewal, September 2021: AED 115,000 a yearRenewal, September 2022: AED 115,000 a yearRenewal, September 2023: AED 130,000 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 511 sits

All 113 2-beds →

511 last sold in October 2010 at AED 778 per sqft, 51% below what two-beds in Marina Residences 4 were fetching at the time (AED 1,572). 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. 511's AED 130,000 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

511, Marina Residences 4 in numbers

  • Sold 3 times: first on 9 February 2010 for AED 2,380,000, last on 18 October 2010 for AED 1,456,150 (AED 778 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 115,000 in 2022 and recovered to AED 130,000 by September 2023.
  • At AED 130,000 a year the gross yield on the 2010 price is 8.9%, before a service charge of about AED 31,200 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 15 September 2023.

Questions about 511, Marina Residences 4

What did unit 511 last sell for?

AED 1,456,150 on 18 October 2010: AED 778 per sqft for 1,870 sqft. The unit has 3 registered sales; the first was AED 2,380,000 in February 2010.

What is the rent for unit 511?

AED 130,000 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 115,000; the unit has been rented since July 2013.

How big is unit 511?

1,870 sqft (173.7 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.

What is unit 511 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 511, Marina Residences 4

Starts from the last sale price (AED 1.46M, 18 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,456,150
Deposit, UAE resident (20%)
AED 291,230
Deposit, non-resident (40%)
AED 582,460
Monthly over 25 years at 3.7%
AED 5,958

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