2-bed · 1,746 sqftMarina Residences 6, Palm Jumeirah · 13th floor · completed 2009

1304, Marina Residences 6

Sold prices and rental history: sold once, by the developer in December 2010, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 20 May 2017
Last soldAED 3.19M13 December 2010
Current rentAED 120K /yr20 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Marina Residences 6

What is 1304 worth today?

Last sold for AED 3,185,000 in 2010

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20 May 2017RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
20 May 2014RentedNew contract
AED 220,000/yr12 months · AED 126 per sqft
13 Dec 2010Sold by developerReady
AED 3,185,000AED 1,824 per sqft

Source: Dubai Land Department. Updated 20 May 2017.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
13th of 14
Parking
CLG-223
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 3.19M · December 2010

About 1304, Marina Residences 6

1304 is a two-bedroom apartment of 1,746 sqft on the 13th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 13 December 2010 for AED 3,185,000, or AED 1,824 per sqft, 23% above the AED 1,487 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 20 May 2017, is AED 120,000 a year: a gross yield of 3.8% on the 2010 price, before the service charge of about AED 29,100 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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, December 2010: AED 3,185,000 (AED 1,824 per sqft)

1304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, 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, May 2014: AED 220,000 a yearNew contract, May 2017: AED 120,000 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 1304 sits

All 106 2-beds →

1304 last sold in December 2010 at AED 1,824 per sqft, 23% above what two-beds in Marina Residences 6 were fetching at the time (AED 1,487). 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. 1304's AED 120,000 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 13th floor

All 162 units in Marina Residences 6
Value
13012-bedAED 3.4M · Aug 2024
13022-bedAED 3.1M · Mar 2014
13032-bedAED 3.25M · Jul 2023
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

1304, Marina Residences 6 in numbers

  • Sold once: by The Palm - Jumeirah Co on 13 December 2010 for AED 3,185,000, or AED 1,824 per sqft.
  • Rented since May 2014 on 2 Ejari contracts, from AED 220,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2010 price is 3.8%, before a service charge of about AED 29,100 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 20 May 2017.

Questions about 1304, Marina Residences 6

What did unit 1304 last sell for?

AED 3,185,000 on 13 December 2010, sold by the developer: AED 1,824 per sqft for 1,746 sqft. It is the only registered sale of the unit.

What is the rent for unit 1304?

AED 120,000 a year on the contract signed on 20 May 2017. The previous contract, from May 2014, was AED 220,000.

How big is unit 1304?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1304 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 1304, Marina Residences 6

Starts from the last sale price (AED 3.19M, 13 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,185,000
Deposit, UAE resident (20%)
AED 637,000
Deposit, non-resident (40%)
AED 1,274,000
Monthly over 25 years at 3.7%
AED 13,031

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