2-bed · 2,019 sqftMarina Residences 6, Palm Jumeirah · 13th floor · completed 2009

1301, Marina Residences 6

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 2 August 2024
Last soldAED 3.4M2 August 2024
Current rentAED 176K /yr22 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Marina Residences 6

What is 1301 worth today?

Last sold for AED 3,400,000 in 2024

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2 Aug 2024SoldReady
AED 3,400,000AED 1,683 per sqft
22 Jun 2024RentedRenewal
AED 176,000/yr12 months · AED 87 per sqft
22 Jun 2023RentedRenewal
AED 160,000/yr12 months · AED 79 per sqft
22 Jun 2022RentedRenewal
AED 135,000/yr12 months · AED 67 per sqft
22 Jun 2021RentedNew contract
AED 135,000/yr12 months · AED 67 per sqft
22 Jun 2013RentedNew contract
AED 160,000/yr12 months · AED 79 per sqft
22 Feb 2012Sold by developerReady
AED 2,863,000AED 1,417 per sqft

Source: Dubai Land Department. Updated 2 August 2024.

Key facts

Type
2-bed apartment
Size
2,019 sqft
Floor
13th of 14
Parking
6-LG212
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 33,700 /yr
Last sold
AED 3.4M · August 2024

About 1301, Marina Residences 6

1301 is a two-bedroom apartment of 2,019 sqft on the 13th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 2 August 2024 for AED 3,400,000, or AED 1,683 per sqft, in line with the AED 1,683 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 22 June 2024, is AED 176,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 33,700 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, February 2012: AED 2,863,000 (AED 1,417 per sqft)Sold, August 2024: AED 3,400,000 (AED 1,683 per sqft)

1301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, 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, June 2013: AED 160,000 a yearNew contract, June 2021: AED 135,000 a yearRenewal, June 2022: AED 135,000 a yearRenewal, June 2023: AED 160,000 a yearRenewal, June 2024: AED 176,000 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 6, and where 1301 sits

All 106 2-beds →

1301 last sold in August 2024 at AED 1,683 per sqft, in line with what two-beds in Marina Residences 6 were fetching at the time (AED 1,683). 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. 1301's AED 176,000 is in the lower half 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 13th floor

All 162 units in Marina Residences 6
Value
13022-bedAED 3.1M · Mar 2014
13032-bedAED 3.25M · Jul 2023
13042-bedAED 3.19M · Dec 2010
13053-bedAED 1.2M · Oct 2011
13063-bedAED 4.86M · Feb 2012
13073-bedAED 3M · Apr 2022
13082-bedAED 3.19M · Apr 2015
1–7 of 10

1301, Marina Residences 6 in numbers

  • Sold twice: first on 22 February 2012 for AED 2,863,000, last on 2 August 2024 for AED 3,400,000 (AED 1,683 per sqft).
  • Rented since June 2013 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 135,000 in 2022 and recovered to AED 176,000 by June 2024.
  • At AED 176,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 33,700 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 2 August 2024.

Questions about 1301, Marina Residences 6

What did unit 1301 last sell for?

AED 3,400,000 on 2 August 2024: AED 1,683 per sqft for 2,019 sqft. The unit has 2 registered sales; the first was AED 2,863,000 in February 2012.

What is the rent for unit 1301?

AED 176,000 a year on the contract renewed on 22 June 2024. The previous contract, from June 2023, was AED 160,000; the unit has been rented since June 2013.

How big is unit 1301?

2,019 sqft (187.6 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1301 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 1301, Marina Residences 6

Starts from the last sale price (AED 3.4M, 2 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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