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3-bed · 2,439 sqftMarina Residences 6, Palm Jumeirah · 7th floor · completed 2009

705, Marina Residences 6

Sold prices and rental history: sold once, by the developer in March 2010, and rented once, from June 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 17 June 2018
Last soldAED 2.09M10 March 2010
Current rentAED 160K /yr17 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Marina Residences 6

What is 705 worth today?

Last sold for AED 2,089,500 in 2010

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17 Jun 2018RentedNew contract
AED 160,000/yr12 months · AED 65 per sqft
10 Mar 2010Sold by developerReady
AED 2,089,500AED 856 per sqft

Source: Dubai Land Department. Updated 17 June 2018.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
7th of 14
Parking
6-B283
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 2.09M · March 2010
Building
Marina Residences 6

About 705, Marina Residences 6

705 is a three-bedroom apartment of 2,439 sqft on the 7th 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 10 March 2010 for AED 2,089,500, or AED 856 per sqft.

One Ejari contract is registered, from 17 June 2018. The current contract, signed on 17 June 2018, is AED 160,000 a year: a gross yield of 7.7% on the 2010 price, before the service charge of about AED 40,700 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical three-bed in Marina Residences 6
2M4M2010201420182022Typical 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 2010: AED 2,089,500 (AED 856 per sqft)

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

Rents
Unit 705, each contractTypical three-bed in Marina Residences 6
200K300K2012201620202024Typical 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, June 2018: AED 160,000 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 705 sits

All 50 3-beds →

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. 705's AED 160,000 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 7th floor

All 162 units in Marina Residences 6
Value
7012-bedAED 3.18M · Sep 2024
7022-bedAED 1.88M · Apr 2021
7032-bedAED 3.65M · Nov 2024
7042-bedAED 1.13M · Mar 2013
7063-bedAED 5.3M · Oct 2021
7073-bedAED 1.4M · Jul 2012
7082-bedAED 1.61M · Mar 2015
1–7 of 10

705, Marina Residences 6 in numbers

  • Sold once: by The Palm - Jumeirah Co on 10 March 2010 for AED 2,089,500, or AED 856 per sqft.
  • Rented since June 2018 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2010 price is 7.7%, before a service charge of about AED 40,700 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 17 June 2018.

Questions about 705, Marina Residences 6

What did unit 705 last sell for?

AED 2,089,500 on 10 March 2010, sold by the developer: AED 856 per sqft for 2,439 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 160,000 a year on the contract signed on 17 June 2018.

How big is unit 705?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 705 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 705, Marina Residences 6

Starts from the last sale price (AED 2.09M, 10 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,089,500
Deposit, UAE resident (20%)
AED 417,900
Deposit, non-resident (40%)
AED 835,800
Monthly over 25 years at 3.7%
AED 8,549

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