2-bed · 2,047 sqftMarina Residences 4, Palm Jumeirah · -1th floor · completed 2009

LG03, Marina Residences 4

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit LG03 · DLD and Ejari recordsUpdated 3 October 2026
Last soldAED 2.07M1 May 2023
Current rentAED 245K /yr3 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for LG03, Marina Residences 4

What is LG03 worth today?

Last sold for AED 2,070,000 in 2023

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3 Oct 2026RentedNew contract
AED 245,000/yr12 months · AED 120 per sqft
1 May 2023SoldReady
AED 2,070,000AED 1,011 per sqft
8 Dec 2022SoldReady
AED 1,997,000AED 975 per sqft
10 Sep 2022RentedRenewal
AED 126,184/yr12 months · AED 62 per sqft
10 Jun 2022RentedRenewal
AED 121,164/yr3 months · AED 59 per sqft
10 Feb 2022RentedRenewal
AED 107,754/yr4 months · AED 53 per sqft
10 Feb 2021RentedRenewal
AED 95,000/yr12 months · AED 46 per sqft
10 Feb 2020RentedRenewal
AED 100,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 3 October 2026.

Key facts

Type
2-bed apartment
Size
2,047 sqft
Floor
-1th of 14
Parking
4-LG86
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 2.07M · May 2023

About LG03, Marina Residences 4

LG03 is a two-bedroom apartment of 2,047 sqft on the -1th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 1 May 2023 for AED 2,070,000, or AED 1,011 per sqft, 16% below the AED 1,210 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 3 October 2026, is AED 245,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 34,100 a year.

Sales and rents for LG03 over time

Sales
Unit LG03, 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 2016: AED 1,994,880 (AED 974 per sqft)Sold, December 2022: AED 1,997,000 (AED 975 per sqft)Sold, May 2023: AED 2,070,000 (AED 1,011 per sqft)

LG03 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit LG03, 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, August 2014: AED 166,356 a yearNew contract, September 2017: AED 125,000 a yearNew contract, February 2019: AED 100,000 a yearRenewal, February 2020: AED 100,000 a yearRenewal, February 2021: AED 95,000 a yearRenewal, February 2022: AED 107,754 a yearRenewal, June 2022: AED 121,164 a yearRenewal, September 2022: AED 126,184 a yearNew contract, October 2026: AED 245,000 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 LG03 sits

All 113 2-beds →

LG03 last sold in May 2023 at AED 1,011 per sqft, 16% below what two-beds in Marina Residences 4 were fetching at the time (AED 1,210). 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. LG03's AED 245,000 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 -1th floor

All 166 units in Marina Residences 4
Value
LG012-bedAED 2.25M · Mar 2013
LG022-bedAED 2.1M · Jul 2017
LG042-bedAED 1.59M · Dec 2023
LG053-bedAED 2.7M · Sep 2013
LG063-bedAED 5.1M · Mar 2016
LG073-bedAED 3.39M · Apr 2016
TH013-bedAED 5.16M · Oct 2013
1–7 of 10

LG03, Marina Residences 4 in numbers

  • Sold 3 times: first on 9 August 2016 for AED 1,994,880, last on 1 May 2023 for AED 2,070,000 (AED 1,011 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 166,356 to AED 95,000 in 2021 and recovered to AED 245,000 by October 2026.
  • At AED 245,000 a year the gross yield on the 2023 price is 11.8%, before a service charge of about AED 34,100 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 3 October 2026.

Questions about LG03, Marina Residences 4

What did unit LG03 last sell for?

AED 2,070,000 on 1 May 2023: AED 1,011 per sqft for 2,047 sqft. The unit has 3 registered sales; the first was AED 1,994,880 in August 2016.

What is the rent for unit LG03?

AED 245,000 a year on the contract signed on 3 October 2026. The previous contract, from September 2022, was AED 126,184; the unit has been rented since August 2014.

How big is unit LG03?

2,047 sqft (190.2 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit LG03 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 LG03, Marina Residences 4

Starts from the last sale price (AED 2.07M, 1 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,070,000
Deposit, UAE resident (20%)
AED 414,000
Deposit, non-resident (40%)
AED 828,000
Monthly over 25 years at 3.7%
AED 8,469

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