3-bed · 4,053 sqftMarina Residences 6, Palm Jumeirah · 3rd floor · completed 2009

306, Marina Residences 6

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 25 March 2022
Last soldAED 3.75M8 April 2021
Current rentAED 94K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Marina Residences 6

What is 306 worth today?

Last sold for AED 3,750,000 in 2021

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25 Mar 2022RentedRenewal · flagged as an outlier
AED 94,088/yr17 months · AED 23 per sqft
25 Mar 2022RentedRenewal
AED 94,088/yr17 months · AED 23 per sqft
8 Apr 2021SoldReady
AED 3,750,000AED 925 per sqft
25 Mar 2021RentedRenewal
AED 299,000/yr12 months · AED 74 per sqft
25 Mar 2021RentedNew contract
AED 299,000/yr12 months · AED 74 per sqft
25 Mar 2020RentedRenewal
AED 299,000/yr12 months · AED 74 per sqft
25 Mar 2019RentedRenewal
AED 299,000/yr12 months · AED 74 per sqft
29 Apr 2015SoldReady
AED 5,000,000AED 1,233 per sqft

Source: Dubai Land Department. Updated 25 March 2022.

Key facts

Type
3-bed apartment
Size
4,053 sqft
Floor
3rd of 14
Parking
CB1-276, CB1-277
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 3.75M · April 2021

About 306, Marina Residences 6

306 is a three-bedroom apartment of 4,053 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 8 April 2021 for AED 3,750,000, or AED 925 per sqft, 24% above the AED 747 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 25 March 2022, is AED 94,088 a year: a gross yield of 2.5% on the 2021 price, before the service charge of about AED 67,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical three-bed in Marina Residences 6
3M4M5M2010201420182022Typical sale price by year: 2010 AED 3,663,600; 2011 AED 3,361,500; 2012 AED 3,515,000; 2013 AED 3,206,500; 2014 AED 4,200,000; 2015 AED 4,840,000; 2017 AED 3,070,000; 2021 AED 3,200,000; 2022 AED 3,400,000; 2023 AED 4,650,000; 2024 AED 4,300,000Sold by developer, March 2011: AED 4,560,000 (AED 1,124 per sqft)Sold, October 2011: AED 3,000,000 (AED 740 per sqft)Sold, April 2015: AED 5,000,000 (AED 1,233 per sqft)Sold, April 2021: AED 3,750,000 (AED 925 per sqft)

306 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 306, each contractTypical three-bed in Marina Residences 6
100K200K300K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 210,000; 2014 AED 252,500; 2015 AED 220,000; 2016 AED 225,000; 2017 AED 190,000; 2018 AED 190,000; 2019 AED 171,000; 2020 AED 152,500; 2021 AED 161,000; 2022 AED 182,500; 2023 AED 240,750; 2024 AED 275,000; 2025 AED 290,000; 2026 AED 292,500New contract, April 2014: AED 250,000 a yearRenewal, March 2019: AED 299,000 a yearRenewal, March 2020: AED 299,000 a yearRenewal, March 2021: AED 299,000 a yearNew contract, March 2021: AED 299,000 a yearRenewal, March 2022: AED 94,088 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Residences 6, and where 306 sits

All 50 3-beds →

306 last sold in April 2021 at AED 925 per sqft, 24% above what three-beds in Marina Residences 6 were fetching at the time (AED 747). Over the last 12 months three-beds sold for AED 5,800,000 to 12,750,000, around AED 2,377 per sqft, and rent for AED 260,000 to 550,000 a year. 306's AED 94,088 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 May 20269,500,000
27 Mar 20265,800,000
11 Dec 202512,750,000
22 Sep 20255,000,000
3 3-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
3012-bedAED 2.28M · Apr 2023
3022-bedAED 1.83M · Aug 2011
3032-bedAED 1.03M · Nov 2018
3042-bedAED 2.74M · Mar 2011
3053-bedAED 4.3M · Mar 2014
3073-bedAED 4.2M · Feb 2024
3082-bedAED 3.13M · Jul 2024
1–7 of 10

306, Marina Residences 6 in numbers

  • Sold 4 times: first on 1 March 2011 for AED 4,560,000, last on 8 April 2021 for AED 3,750,000 (AED 925 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, from AED 250,000 to AED 94,088 a year.
  • At AED 94,088 a year the gross yield on the 2021 price is 2.5%, before a service charge of about AED 67,600 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 6 sold for AED 5,800,000–12,750,000 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 25 March 2022.

Questions about 306, Marina Residences 6

What did unit 306 last sell for?

AED 3,750,000 on 8 April 2021: AED 925 per sqft for 4,053 sqft. The unit has 4 registered sales; the first was AED 4,560,000 in March 2011.

What is the rent for unit 306?

AED 94,088 a year on the contract renewed on 25 March 2022. The previous contract, from March 2022, was AED 94,088; the unit has been rented since April 2014.

How big is unit 306?

4,053 sqft (376.5 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 6 sold for AED 5,800,000 to 12,750,000 in the last 12 months, around AED 2,377 per sqft.

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Mortgage on 306, Marina Residences 6

Starts from the last sale price (AED 3.75M, 8 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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