2-bed · 1,778 sqftMarina Residences 6, Palm Jumeirah · 13th floor · completed 2009

1309, Marina Residences 6

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.84M22 June 2015
Current rentAED 187K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Marina Residences 6

What is 1309 worth today?

Last sold for AED 2,840,000 in 2015

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1 Sep 2024RentedRenewal
AED 187,000/yr12 months · AED 105 per sqft
1 Sep 2023RentedRenewal
AED 170,000/yr12 months · AED 96 per sqft
1 Sep 2022RentedNew contract
AED 155,000/yr12 months · AED 87 per sqft
15 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
7 Jan 2018RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft
23 Dec 2016RentedRenewal
AED 178,500/yr12 months · AED 101 per sqft
23 Dec 2015RentedNew contract
AED 170,000/yr12 months · AED 96 per sqft
22 Jun 2015Sold by developerReady
AED 2,840,000AED 1,597 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
13th of 14
Parking
CLG-227
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 2.84M · June 2015

About 1309, Marina Residences 6

1309 is a two-bedroom apartment of 1,778 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 22 June 2015 for AED 2,840,000, or AED 1,597 per sqft, 11% above the AED 1,439 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 187,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, 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, June 2015: AED 2,840,000 (AED 1,597 per sqft)

1309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1309, 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, December 2013: AED 145,000 a yearNew contract, December 2014: AED 160,000 a yearNew contract, December 2015: AED 170,000 a yearRenewal, December 2016: AED 178,500 a yearNew contract, January 2018: AED 135,000 a yearNew contract, December 2020: AED 100,000 a yearNew contract, September 2022: AED 155,000 a yearRenewal, September 2023: AED 170,000 a yearRenewal, September 2024: AED 187,000 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 1309 sits

All 106 2-beds →

1309 last sold in June 2015 at AED 1,597 per sqft, 11% above what two-beds in Marina Residences 6 were fetching at the time (AED 1,439). 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. 1309's AED 187,000 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
13012-bedAED 3.4M · Aug 2024
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
1–7 of 10

1309, Marina Residences 6 in numbers

  • Sold once: by The Palm - Jumeirah Co on 22 June 2015 for AED 2,840,000, or AED 1,597 per sqft.
  • Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 100,000 in 2020 and recovered to AED 187,000 by September 2024.
  • At AED 187,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 29,600 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 1 September 2024.

Questions about 1309, Marina Residences 6

What did unit 1309 last sell for?

AED 2,840,000 on 22 June 2015, sold by the developer: AED 1,597 per sqft for 1,778 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

AED 187,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 170,000; the unit has been rented since December 2013.

How big is unit 1309?

1,778 sqft (165.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1309 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 1309, Marina Residences 6

Starts from the last sale price (AED 2.84M, 22 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,840,000
Deposit, UAE resident (20%)
AED 568,000
Deposit, non-resident (40%)
AED 1,136,000
Monthly over 25 years at 3.7%
AED 11,619

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