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3-bed · 2,751 sqftMarina Residences 4, Palm Jumeirah · -1th floor · completed 2009

LG05, Marina Residences 4

Sold prices and rental history: sold twice, last in September 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit LG05 · DLD and Ejari recordsUpdated 29 September 2013
Last soldAED 2.7M29 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for LG05, Marina Residences 4

What is LG05 worth today?

Last sold for AED 2,700,000 in 2013

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29 Sep 2013SoldReady
AED 2,700,000AED 981 per sqft
7 Oct 2010Sold by developerReady
AED 3,950,000AED 1,435 per sqft

Source: Dubai Land Department. Updated 29 September 2013.

Key facts

Type
3-bed apartment
Size
2,751 sqft
Floor
-1th of 14
Parking
CB1-100
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,900 /yr
Last sold
AED 2.7M · September 2013
Building
Marina Residences 4

About LG05, Marina Residences 4

LG05 is a three-bedroom apartment of 2,751 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 29 September 2013 for AED 2,700,000, or AED 981 per sqft, 13% below the AED 1,131 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for LG05 over time

Sales
Unit LG05, 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 by developer, October 2010: AED 3,950,000 (AED 1,435 per sqft)Sold, September 2013: AED 2,700,000 (AED 981 per sqft)

LG05 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit LG05, 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 267,500

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 LG05 sits

All 48 3-beds →

LG05 last sold in September 2013 at AED 981 per sqft, 13% below what three-beds in Marina Residences 4 were fetching at the time (AED 1,131). 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.

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 -1th floor

All 166 units in Marina Residences 4
Value
LG012-bedAED 2.25M · Mar 2013
LG022-bedAED 2.1M · Jul 2017
LG032-bedAED 2.07M · May 2023
LG042-bedAED 1.59M · Dec 2023
LG063-bedAED 5.1M · Mar 2016
LG073-bedAED 3.39M · Apr 2016
TH013-bedAED 5.16M · Oct 2013
1–7 of 10

LG05, Marina Residences 4 in numbers

  • Sold twice: first on 7 October 2010 for AED 3,950,000, last on 29 September 2013 for AED 2,700,000 (AED 981 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 29 September 2013.

Questions about LG05, Marina Residences 4

What did unit LG05 last sell for?

AED 2,700,000 on 29 September 2013: AED 981 per sqft for 2,751 sqft. The unit has 2 registered sales; the first was AED 3,950,000 in October 2010.

How big is unit LG05?

2,751 sqft (255.6 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit LG05 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 LG05, Marina Residences 4

Starts from the last sale price (AED 2.7M, 29 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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