2-bed · 1,950 sqftMarina Residences 6, Palm Jumeirah · 3rd floor · completed 2009

301, Marina Residences 6

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 11 April 2023
Last soldAED 2.28M11 April 2023
Current rentAED 95K /yr11 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Marina Residences 6

What is 301 worth today?

Last sold for AED 2,275,000 in 2023

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11 Apr 2023SoldReady
AED 2,275,000AED 1,166 per sqft
11 Apr 2023RentedNew contract
AED 94,606/yr1 months · AED 49 per sqft
6 Feb 2021RentedNew contract
AED 100,000/yr12 months · AED 51 per sqft
6 Feb 2020RentedRenewal
AED 100,000/yr12 months · AED 51 per sqft
6 Feb 2019RentedNew contract
AED 100,000/yr12 months · AED 51 per sqft
11 Jan 2018RentedRenewal
AED 160,000/yr6 months · AED 82 per sqft
11 Jan 2017RentedRenewal
AED 160,000/yr12 months · AED 82 per sqft
11 Jan 2016RentedRenewal
AED 160,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 11 April 2023.

Key facts

Type
2-bed apartment
Size
1,950 sqft
Floor
3rd of 14
Parking
6-LG11
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,500 /yr
Last sold
AED 2.28M · April 2023

About 301, Marina Residences 6

301 is a two-bedroom apartment of 1,950 sqft on the 3rd 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 April 2023 for AED 2,275,000, or AED 1,166 per sqft, 9% below the AED 1,283 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 11 April 2023, is AED 94,606 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 32,500 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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 2,553,700 (AED 1,309 per sqft)Sold, July 2011: AED 1,450,000 (AED 743 per sqft)Sold, April 2023: AED 2,275,000 (AED 1,166 per sqft)

301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 301, 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 2014: AED 160,000 a yearNew contract, January 2015: AED 160,000 a yearRenewal, January 2016: AED 160,000 a yearRenewal, January 2017: AED 160,000 a yearRenewal, January 2018: AED 160,000 a yearNew contract, February 2019: AED 100,000 a yearRenewal, February 2020: AED 100,000 a yearNew contract, February 2021: AED 100,000 a yearNew contract, April 2023: AED 94,606 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 301 sits

All 106 2-beds →

301 last sold in April 2023 at AED 1,166 per sqft, 9% below what two-beds in Marina Residences 6 were fetching at the time (AED 1,283). 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. 301's AED 94,606 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 3rd floor

All 162 units in Marina Residences 6
Value
3022-bedAED 1.83M · Aug 2011
3032-bedAED 1.03M · Nov 2018
3042-bedAED 2.74M · Mar 2011
3053-bedAED 4.3M · Mar 2014
3063-bedAED 3.75M · Apr 2021
3073-bedAED 4.2M · Feb 2024
3082-bedAED 3.13M · Jul 2024
1–7 of 10

301, Marina Residences 6 in numbers

  • Sold 3 times: first on 24 October 2010 for AED 2,553,700, last on 11 April 2023 for AED 2,275,000 (AED 1,166 per sqft).
  • Rented since January 2014 on 9 Ejari contracts, from AED 160,000 to AED 94,606 a year.
  • At AED 94,606 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 32,500 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 11 April 2023.

Questions about 301, Marina Residences 6

What did unit 301 last sell for?

AED 2,275,000 on 11 April 2023: AED 1,166 per sqft for 1,950 sqft. The unit has 3 registered sales; the first was AED 2,553,700 in October 2010.

What is the rent for unit 301?

AED 94,606 a year on the contract signed on 11 April 2023. The previous contract, from February 2021, was AED 100,000; the unit has been rented since January 2014.

How big is unit 301?

1,950 sqft (181.2 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 301 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 301, Marina Residences 6

Starts from the last sale price (AED 2.28M, 11 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

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