2-bed · 1,746 sqftMarina Residences 4, Palm Jumeirah · 7th floor · completed 2009

704, Marina Residences 4

Sold prices and rental history: sold 5 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 3.3M27 November 2024
Current rentAED 156K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Marina Residences 4

What is 704 worth today?

Last sold for AED 3,300,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Nov 2024SoldReady
AED 3,300,000AED 1,890 per sqft
1 Feb 2024RentedRenewal
AED 156,200/yr6 months · AED 90 per sqft
20 Jan 2023RentedRenewal
AED 142,085/yr12 months · AED 81 per sqft
20 Jan 2022RentedNew contract
AED 132,500/yr12 months · AED 76 per sqft
29 Aug 2021SoldReady
AED 1,700,000AED 973 per sqft
17 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 57 per sqft
19 Oct 2019RentedNew contract
AED 105,000/yr12 months · AED 60 per sqft
17 Sep 2018RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
7th of 14
Parking
4-LG67
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 3.3M · November 2024

About 704, Marina Residences 4

704 is a two-bedroom apartment of 1,746 sqft on the 7th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 27 November 2024 for AED 3,300,000, or AED 1,890 per sqft, 17% above the AED 1,613 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 156,200 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 29,100 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, August 2010: AED 3,225,200 (AED 1,847 per sqft)Sold, November 2010: AED 2,300,000 (AED 1,317 per sqft)Sold, June 2014: AED 2,615,000 (AED 1,497 per sqft)Sold, August 2021: AED 1,700,000 (AED 973 per sqft)Sold, November 2024: AED 3,300,000 (AED 1,890 per sqft)

704 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 704, 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, December 2014: AED 115,000 a yearNew contract, February 2016: AED 155,000 a yearRenewal, February 2017: AED 155,000 a yearNew contract, September 2018: AED 130,000 a yearNew contract, October 2019: AED 105,000 a yearNew contract, January 2021: AED 100,000 a yearNew contract, January 2022: AED 132,500 a yearRenewal, January 2023: AED 142,085 a yearRenewal, February 2024: AED 156,200 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 704 sits

All 113 2-beds →

704 last sold in November 2024 at AED 1,890 per sqft, 17% above what two-beds in Marina Residences 4 were fetching at the time (AED 1,613). 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. 704's AED 156,200 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 7th floor

All 166 units in Marina Residences 4
Value
7012-bedAED 2.7M · Feb 2025
7022-bedAED 2.4M · Jun 2015
7032-bedAED 1.5M · Jan 2011
7053-bedAED 3M · Jan 2017
7063-bedAED 4.58M · Aug 2016
7073-bedAED 2.35M · May 2019
7082-bedAED 3.25M · Jul 2023
1–7 of 10

704, Marina Residences 4 in numbers

  • Sold 5 times: first on 22 August 2010 for AED 3,225,200, last on 27 November 2024 for AED 3,300,000 (AED 1,890 per sqft).
  • Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 100,000 in 2021 and recovered to AED 156,200 by February 2024.
  • At AED 156,200 a year the gross yield on the 2024 price is 4.7%, 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 27 November 2024.

Questions about 704, Marina Residences 4

What did unit 704 last sell for?

AED 3,300,000 on 27 November 2024: AED 1,890 per sqft for 1,746 sqft. The unit has 5 registered sales; the first was AED 3,225,200 in August 2010.

What is the rent for unit 704?

AED 156,200 a year on the contract renewed on 1 February 2024. The previous contract, from January 2023, was AED 142,085; the unit has been rented since December 2014.

How big is unit 704?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 704 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.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, Marina Residences 4

Starts from the last sale price (AED 3.3M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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