3-bed · 2,439 sqftMarina Residences 4, Palm Jumeirah · 7th floor · completed 2009

707, Marina Residences 4

Sold prices and rental history: sold 3 times, last in May 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 26 May 2019
Last soldAED 2.35M26 May 2019
Current rentAED 180K /yr12 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Marina Residences 4

What is 707 worth today?

Last sold for AED 2,350,000 in 2019

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26 May 2019SoldReady
AED 2,350,000AED 963 per sqft
12 Jun 2017RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
1 May 2016RentedRenewal
AED 200,000/yr12 months · AED 82 per sqft
1 May 2015RentedRenewal
AED 200,000/yr12 months · AED 82 per sqft
1 May 2014RentedNew contract
AED 200,000/yr12 months · AED 82 per sqft
1 May 2013RentedNew contract
AED 200,000/yr12 months · AED 82 per sqft
27 Sep 2011SoldReady
AED 2,700,000AED 1,107 per sqft
7 Sep 2011Sold by developerReady
AED 3,392,700AED 1,391 per sqft

Source: Dubai Land Department. Updated 26 May 2019.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
7th of 14
Parking
CB1-118
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 2.35M · May 2019

About 707, Marina Residences 4

707 is a three-bedroom apartment of 2,439 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 26 May 2019 for AED 2,350,000, or AED 963 per sqft, 40% above the AED 687 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 12 June 2017, is AED 180,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 40,700 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, September 2011: AED 2,700,000 (AED 1,107 per sqft)Sold by developer, September 2011: AED 3,392,700 (AED 1,391 per sqft)Sold, May 2019: AED 2,350,000 (AED 963 per sqft)

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

Rents
Unit 707, 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 200,000 a yearNew contract, May 2014: AED 200,000 a yearRenewal, May 2015: AED 200,000 a yearRenewal, May 2016: AED 200,000 a yearNew contract, June 2017: AED 180,000 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 707 sits

All 48 3-beds →

707 last sold in May 2019 at AED 963 per sqft, 40% above what three-beds in Marina Residences 4 were fetching at the time (AED 687). 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. 707's AED 180,000 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 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
7042-bedAED 3.3M · Nov 2024
7053-bedAED 3M · Jan 2017
7063-bedAED 4.58M · Aug 2016
7082-bedAED 3.25M · Jul 2023
1–7 of 10

707, Marina Residences 4 in numbers

  • Sold 3 times: first on 7 September 2011 for AED 3,392,700, last on 26 May 2019 for AED 2,350,000 (AED 963 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 200,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2019 price is 7.7%, 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 May 2019.

Questions about 707, Marina Residences 4

What did unit 707 last sell for?

AED 2,350,000 on 26 May 2019: AED 963 per sqft for 2,439 sqft. The unit has 3 registered sales; the first was AED 3,392,700 in September 2011.

What is the rent for unit 707?

AED 180,000 a year on the contract signed on 12 June 2017. The previous contract, from May 2016, was AED 200,000; the unit has been rented since May 2013.

How big is unit 707?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 707 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 707, Marina Residences 4

Starts from the last sale price (AED 2.35M, 26 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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