LG07, Marina Residences 4
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for LG07, Marina Residences 4
What is LG07 worth today?
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Source: Dubai Land Department. Updated 10 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,751 sqft
- Floor
- -1th of 14
- Parking
- CB1-99
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 45,900 /yr
- Last sold
- AED 3.39M · April 2016
- Building
- Marina Residences 4
About LG07, Marina Residences 4
LG07 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. The developer sold it on 25 April 2016 for AED 3,390,000, or AED 1,232 per sqft, 8% below the AED 1,332 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 10 May 2023, is AED 245,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 45,900 a year.
Sales and rents for LG07 over time
LG07 has sold once; the dashed line is the three-bed median of each year in the building.
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 LG07 sits
All 48 3-beds →LG07 last sold in April 2016 at AED 1,232 per sqft, 8% below what three-beds in Marina Residences 4 were fetching at the time (AED 1,332). 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. LG07's AED 245,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Feb 202619 February 2026 | 4,053 sqft | 15,500,000 | 3,823 | ||
| 13 Feb 202613 February 2026 | 2,440 sqft | 4,999,000 | 2,049 | ||
| 28 Jan 202628 January 2026 | 4,053 sqft | 15,250,000 | 3,762 | ||
| 15 Dec 202515 December 2025 | 2,524 sqft | 6,700,000 | 2,654 |
Marina Residences 4
Building166 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%
Other units on the -1th floor
All 166 units in Marina Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| LG01 | 2-bed | 1,947 sqft | AED 2.25MAED 2,246,500 · Mar 2013March 2013 | 138,000 /yr | |
| LG02 | 2-bed | 2,048 sqft | AED 2.1MAED 2,100,000 · Jul 2017July 2017 | 190,000 /yr | |
| LG03 | 2-bed | 2,047 sqft | AED 2.07MAED 2,070,000 · May 2023May 2023 | 245,000 /yr | |
| LG04 | 2-bed | 2,047 sqft | AED 1.59MAED 1,591,000 · Dec 2023December 2023 | 200,000 /yr | |
| LG05 | 3-bed | 2,751 sqft | AED 2.7MAED 2,700,000 · Sep 2013September 2013 | ||
| LG06 | 3-bed | 4,768 sqft | AED 5.1MAED 5,100,000 · Mar 2016March 2016 | 240,000 /yr | |
| TH01 | 3-bed | 4,045 sqft | AED 5.16MAED 5,163,900 · Oct 2013October 2013 | 300,000 /yr | |
| TH02 | 3-bed | 4,098 sqft | AED 3.4MAED 3,400,000 · Dec 2018December 2018 | 525,000 /yr | |
| TH03 | 2-bed | 4,090 sqft | AED 7MAED 7,000,000 · Nov 2025November 2025 | 180,000 /yr | |
| TH04 | 3-bed | 3,996 sqft | AED 5.16MAED 5,163,900 · Mar 2016March 2016 | 225,000 /yr |
LG07, Marina Residences 4 in numbers
- Sold once: by The Palm - Jumeirah Co on 25 April 2016 for AED 3,390,000, or AED 1,232 per sqft.
- Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 185,000 to AED 130,000 in 2021 and recovered to AED 245,000 by May 2023.
- At AED 245,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 45,900 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 10 May 2023.
Questions about LG07, Marina Residences 4
What did unit LG07 last sell for?
AED 3,390,000 on 25 April 2016, sold by the developer: AED 1,232 per sqft for 2,751 sqft. It is the only registered sale of the unit.
What is the rent for unit LG07?
AED 245,000 a year on the contract signed on 10 May 2023. The previous contract, from September 2022, was AED 150,000; the unit has been rented since September 2012.
How big is unit LG07?
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 LG07 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 LG07, Marina Residences 4
Starts from the last sale price (AED 3.39M, 25 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,390,000
- Deposit, UAE resident (20%)
- AED 678,000
- Deposit, non-resident (40%)
- AED 1,356,000
- Monthly over 25 years at 3.7%
- AED 13,870
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →