2-bed · 1,870 sqftMarina Residences 6, Palm Jumeirah · 6th floor · completed 2009

601, Marina Residences 6

Sold prices and rental history: sold twice, last in January 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 6 June 2020
Last soldAED 2.38M5 January 2016
Current rentAED 100K /yr6 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Marina Residences 6

What is 601 worth today?

Last sold for AED 2,375,000 in 2016

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6 Jun 2020RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
6 Jun 2019RentedNew contract
AED 105,000/yr12 months · AED 56 per sqft
28 Apr 2018RentedRenewal
AED 132,133/yr12 months · AED 71 per sqft
28 Apr 2017RentedRenewal
AED 145,000/yr12 months · AED 77 per sqft
28 Apr 2016RentedNew contract
AED 155,000/yr12 months · AED 83 per sqft
5 Jan 2016SoldReady
AED 2,375,000AED 1,270 per sqft
7 Nov 2013RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
14 Feb 2011Sold by developerReady
AED 1,428,200AED 763 per sqft

Source: Dubai Land Department. Updated 6 June 2020.

Key facts

Type
2-bed apartment
Size
1,870 sqft
Floor
6th of 14
Parking
CLG-1
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,200 /yr
Last sold
AED 2.38M · January 2016

About 601, Marina Residences 6

601 is a two-bedroom apartment of 1,870 sqft on the 6th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 5 January 2016 for AED 2,375,000, or AED 1,270 per sqft, 6% below the AED 1,352 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 6 June 2020, is AED 100,000 a year: a gross yield of 4.2% on the 2016 price, before the service charge of about AED 31,200 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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 2011: AED 1,428,200 (AED 763 per sqft)Sold, January 2016: AED 2,375,000 (AED 1,270 per sqft)

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

Rents
Unit 601, 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, November 2013: AED 150,000 a yearNew contract, April 2016: AED 155,000 a yearRenewal, April 2017: AED 145,000 a yearRenewal, April 2018: AED 132,133 a yearNew contract, June 2019: AED 105,000 a yearRenewal, June 2020: AED 100,000 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 601 sits

All 106 2-beds →

601 last sold in January 2016 at AED 1,270 per sqft, 6% below what two-beds in Marina Residences 6 were fetching at the time (AED 1,352). 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. 601's AED 100,000 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 6th floor

All 162 units in Marina Residences 6
Value
6022-bedAED 3.43M · Jul 2026
6032-bedAED 3.19M · Oct 2016
6042-bedAED 3.08M · Nov 2013
6053-bedAED 4.65M · Nov 2023
6063-bedAED 6.8M · Jun 2022
6073-bedAED 2.93M · Dec 2017
6082-bedAED 2.02M · Jan 2013
1–7 of 10

601, Marina Residences 6 in numbers

  • Sold twice: first on 14 February 2011 for AED 1,428,200, last on 5 January 2016 for AED 2,375,000 (AED 1,270 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 150,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2016 price is 4.2%, before a service charge of about AED 31,200 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 6 June 2020.

Questions about 601, Marina Residences 6

What did unit 601 last sell for?

AED 2,375,000 on 5 January 2016: AED 1,270 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 1,428,200 in February 2011.

What is the rent for unit 601?

AED 100,000 a year on the contract renewed on 6 June 2020. The previous contract, from June 2019, was AED 105,000; the unit has been rented since November 2013.

How big is unit 601?

1,870 sqft (173.7 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 601 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 601, Marina Residences 6

Starts from the last sale price (AED 2.38M, 5 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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