2-bed · 1,735 sqftMarina Residences 4, Palm Jumeirah · 7th floor · completed 2009

709, Marina Residences 4

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 3 September 2024
Last soldAED 2.77M11 December 2013
Current rentAED 152K /yr3 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Marina Residences 4

What is 709 worth today?

Last sold for AED 2,770,000 in 2013

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3 Sep 2024RentedRenewal
AED 151,800/yr12 months · AED 88 per sqft
3 Sep 2023RentedRenewal
AED 132,000/yr12 months · AED 76 per sqft
3 Sep 2022RentedRenewal
AED 126,000/yr12 months · AED 73 per sqft
3 Sep 2021RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
3 Sep 2020RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
3 Sep 2019RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
3 Sep 2018RentedRenewal
AED 140,000/yr12 months · AED 81 per sqft
3 Sep 2017RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 3 September 2024.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
7th of 14
Parking
CLG-70
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.77M · December 2013

About 709, Marina Residences 4

709 is a two-bedroom apartment of 1,735 sqft on the 7th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 11 December 2013 for AED 2,770,000, or AED 1,596 per sqft, 29% above the AED 1,239 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 3 September 2024, is AED 151,800 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 28,900 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, December 2013: AED 2,770,000 (AED 1,596 per sqft)

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

Rents
Unit 709, 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, May 2014: AED 180,000 a yearNew contract, September 2015: AED 170,000 a yearRenewal, September 2016: AED 171,429 a yearNew contract, September 2017: AED 150,000 a yearRenewal, September 2018: AED 140,000 a yearRenewal, September 2019: AED 120,000 a yearRenewal, September 2020: AED 120,000 a yearRenewal, September 2021: AED 120,000 a yearRenewal, September 2022: AED 126,000 a yearRenewal, September 2023: AED 132,000 a yearRenewal, September 2024: AED 151,800 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 709 sits

All 113 2-beds →

709 last sold in December 2013 at AED 1,596 per sqft, 29% above what two-beds in Marina Residences 4 were fetching at the time (AED 1,239). 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. 709's AED 151,800 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
7042-bedAED 3.3M · Nov 2024
7053-bedAED 3M · Jan 2017
7063-bedAED 4.58M · Aug 2016
7073-bedAED 2.35M · May 2019
1–7 of 10

709, Marina Residences 4 in numbers

  • Sold once: by The Palm - Jumeirah Co on 11 December 2013 for AED 2,770,000, or AED 1,596 per sqft.
  • Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 120,000 in 2021 and recovered to AED 151,800 by September 2024.
  • At AED 151,800 a year the gross yield on the 2013 price is 5.5%, 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 3 September 2024.

Questions about 709, Marina Residences 4

What did unit 709 last sell for?

AED 2,770,000 on 11 December 2013, sold by the developer: AED 1,596 per sqft for 1,735 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 151,800 a year on the contract renewed on 3 September 2024. The previous contract, from September 2023, was AED 132,000; the unit has been rented since May 2014.

How big is unit 709?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 709 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 709, Marina Residences 4

Starts from the last sale price (AED 2.77M, 11 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,770,000
Deposit, UAE resident (20%)
AED 554,000
Deposit, non-resident (40%)
AED 1,108,000
Monthly over 25 years at 3.7%
AED 11,333

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