2-bed · 1,746 sqftMarina Residences 4, Palm Jumeirah · 6th floor · completed 2009

608, Marina Residences 4

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 3.65M17 July 2023
Current rentAED 150K /yr31 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Marina Residences 4

What is 608 worth today?

Last sold for AED 3,650,000 in 2023

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17 Jul 2023SoldReady
AED 3,650,000AED 2,090 per sqft
21 Oct 2022SoldReady
AED 2,600,000AED 1,489 per sqft
31 Jan 2022RentedNew contract
AED 150,000/yr12 months · AED 86 per sqft
1 Nov 2019RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
9 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft
31 May 2017RentedRenewal
AED 220,000/yr12 months · AED 126 per sqft
31 May 2016RentedRenewal
AED 220,000/yr12 months · AED 126 per sqft
31 May 2015RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
6th of 14
Parking
4-LG283
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 3.65M · July 2023

About 608, Marina Residences 4

608 is a two-bedroom apartment of 1,746 sqft on the 6th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 17 July 2023 for AED 3,650,000, or AED 2,090 per sqft, 62% above the AED 1,293 two-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 31 January 2022, is AED 150,000 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 29,100 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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 2012: AED 3,796,800 (AED 2,174 per sqft)Sold, October 2022: AED 2,600,000 (AED 1,489 per sqft)Sold, July 2023: AED 3,650,000 (AED 2,090 per sqft)

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

Rents
Unit 608, each contractTypical two-bed in Marina Residences 4
100K200K2012201620202024Typical 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, May 2013: AED 130,000 a yearNew contract, May 2014: AED 160,000 a yearNew contract, May 2015: AED 160,000 a yearRenewal, May 2016: AED 220,000 a yearRenewal, May 2017: AED 220,000 a yearNew contract, October 2018: AED 130,000 a yearNew contract, November 2019: AED 120,000 a yearNew contract, January 2022: AED 150,000 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 608 sits

All 113 2-beds →

608 last sold in July 2023 at AED 2,090 per sqft, 62% above what two-beds in Marina Residences 4 were fetching at the time (AED 1,293). 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. 608's AED 150,000 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 6th floor

All 166 units in Marina Residences 4
Value
6012-bedAED 2.4M · Nov 2010
6022-bedAED 4.2M · Oct 2025
6032-bedAED 2.9M · Dec 2014
6042-bedAED 3.25M · Jan 2025
6053-bedAED 4.04M · Apr 2011
6063-bedAED 6.6M · Jan 2023
6073-bedAED 5.25M · Sep 2024
1–7 of 10

608, Marina Residences 4 in numbers

  • Sold 3 times: first on 22 February 2012 for AED 3,796,800, last on 17 July 2023 for AED 3,650,000 (AED 2,090 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, from AED 130,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 29,100 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 17 July 2023.

Questions about 608, Marina Residences 4

What did unit 608 last sell for?

AED 3,650,000 on 17 July 2023: AED 2,090 per sqft for 1,746 sqft. The unit has 3 registered sales; the first was AED 3,796,800 in February 2012.

What is the rent for unit 608?

AED 150,000 a year on the contract signed on 31 January 2022. The previous contract, from November 2019, was AED 120,000; the unit has been rented since May 2013.

How big is unit 608?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 608 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 608, Marina Residences 4

Starts from the last sale price (AED 3.65M, 17 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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