2-bed · 1,870 sqftMarina Residences 6, Palm Jumeirah · 10th floor · completed 2009

1011, Marina Residences 6

Sold prices and rental history: sold 6 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 17 October 2022
Last soldAED 2.2M11 October 2022
Current rentAED 105K /yr17 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Marina Residences 6

What is 1011 worth today?

Last sold for AED 2,200,000 in 2022

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17 Oct 2022RentedNew contract
AED 104,500/yr12 months · AED 56 per sqft
11 Oct 2022SoldReady
AED 2,200,000AED 1,176 per sqft
18 Oct 2021RentedNew contract
AED 95,000/yr12 months · AED 51 per sqft
18 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 51 per sqft
7 Oct 2019RentedRenewal
AED 122,500/yr12 months · AED 65 per sqft
7 Oct 2018RentedRenewal
AED 122,500/yr12 months · AED 65 per sqft
7 Oct 2017RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft
1 Nov 2016RentedNew contract
AED 140,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 17 October 2022.

Key facts

Type
2-bed apartment
Size
1,870 sqft
Floor
10th of 14
Parking
CLG-220
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,200 /yr
Last sold
AED 2.2M · October 2022

About 1011, Marina Residences 6

1011 is a two-bedroom apartment of 1,870 sqft on the 10th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 11 October 2022 for AED 2,200,000, or AED 1,176 per sqft, in line with the AED 1,163 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 17 October 2022, is AED 104,500 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 31,200 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical two-bed in Marina Residences 6
2M4M2010201520202025Typical sale price by year: 2010 AED 2,832,750; 2011 AED 2,817,400; 2012 AED 1,936,900; 2013 AED 2,400,000; 2014 AED 2,564,200; 2015 AED 2,845,000; 2016 AED 2,387,500; 2017 AED 2,272,500; 2018 AED 1,900,000; 2019 AED 1,718,710; 2020 AED 1,415,718; 2021 AED 1,870,456; 2022 AED 2,312,500; 2023 AED 2,650,000; 2024 AED 3,450,000; 2025 AED 3,850,000; 2026 AED 3,525,000Sold by developer, October 2010: AED 2,430,000 (AED 1,299 per sqft)Sold, March 2011: AED 2,221,200 (AED 1,187 per sqft)Sold, August 2012: AED 925,500 (AED 494 per sqft)Sold, April 2013: AED 1,700,000 (AED 909 per sqft)Sold, May 2013: AED 2,265,000 (AED 1,211 per sqft)Sold, October 2022: AED 2,200,000 (AED 1,176 per sqft)

1011 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1011, each contractTypical two-bed in Marina Residences 6
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 145,000; 2014 AED 166,930; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 122,500; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 126,000; 2023 AED 167,000; 2024 AED 190,000; 2025 AED 197,500; 2026 AED 186,500New contract, January 2013: AED 105,000 a yearNew contract, May 2014: AED 110,000 a yearNew contract, November 2016: AED 140,000 a yearNew contract, October 2017: AED 135,000 a yearRenewal, October 2018: AED 122,500 a yearRenewal, October 2019: AED 122,500 a yearNew contract, October 2020: AED 95,000 a yearNew contract, October 2021: AED 95,000 a yearNew contract, October 2022: AED 104,500 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 6, and where 1011 sits

All 106 2-beds →

1011 last sold in October 2022 at AED 1,176 per sqft, in line with what two-beds in Marina Residences 6 were fetching at the time (AED 1,163). Over the last 12 months two-beds sold for AED 3,350,000 to 4,180,000, around AED 2,046 per sqft, and rent for AED 152,748 to 370,000 a year. 1011's AED 104,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20263,550,000
29 Jul 20263,750,000
13 Jul 20263,425,000
5 Jun 20263,350,000
7 2-bed sales in the last 12 months

Marina Residences 6

Building

162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 11 sold in the last 12 months.

Typical price per sqft
AED 2,109 Up 7.7%
Typical sale
AED 4.18M
Typical rent
AED 198K /yr
Typical yield
5.0%
Marina Residences 6, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 162 units in Marina Residences 6
Value
10012-bedAED 2.33M · Jan 2017
10022-bedAED 2.97M · Mar 2013
10032-bedAED 2.65M · Mar 2023
10042-bedAED 2.88M · Mar 2011
10053-bedAED 3.47M · Mar 2012
10063-bedAED 12.75M · Dec 2025
10073-bedAED 3.56M · Dec 2012
1–7 of 10

1011, Marina Residences 6 in numbers

  • Sold 6 times: first on 25 October 2010 for AED 2,430,000, last on 11 October 2022 for AED 2,200,000 (AED 1,176 per sqft).
  • Rented since January 2013 on 9 Ejari contracts, from AED 105,000 to AED 104,500 a year.
  • At AED 104,500 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 31,200 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 6 sold for AED 3,350,000–4,180,000 in the 12 months to November 2026; the building's median across all types is AED 2,109 per sqft.

Source: Dubai Land Department. Updated 17 October 2022.

Questions about 1011, Marina Residences 6

What did unit 1011 last sell for?

AED 2,200,000 on 11 October 2022: AED 1,176 per sqft for 1,870 sqft. The unit has 6 registered sales; the first was AED 2,430,000 in October 2010.

What is the rent for unit 1011?

AED 104,500 a year on the contract signed on 17 October 2022. The previous contract, from October 2021, was AED 95,000; the unit has been rented since January 2013.

How big is unit 1011?

1,870 sqft (173.7 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1011 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 6 sold for AED 3,350,000 to 4,180,000 in the last 12 months, around AED 2,046 per sqft.

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Mortgage on 1011, Marina Residences 6

Starts from the last sale price (AED 2.2M, 11 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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