2-bed · 1,870 sqftMarina Residences 6, Palm Jumeirah · 7th floor · completed 2009

711, Marina Residences 6

Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 3.03M9 January 2024
Current rentAED 130K /yr5 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Marina Residences 6

What is 711 worth today?

Last sold for AED 3,025,000 in 2024

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9 Jan 2024SoldReady
AED 3,025,000AED 1,617 per sqft
6 Apr 2021SoldReady
AED 1,330,000AED 711 per sqft
5 Feb 2018RentedNew contract
AED 130,000/yr36 months · AED 69 per sqft
2 Nov 2014RentedNew contract
AED 170,000/yr12 months · AED 91 per sqft
2 Sep 2013RentedNew contract
AED 130,000/yr12 months · AED 70 per sqft
25 Oct 2010Sold by developerReady
AED 1,426,100AED 762 per sqft

Source: Dubai Land Department. Updated 9 January 2024.

Key facts

Type
2-bed apartment
Size
1,870 sqft
Floor
7th of 14
Parking
6-LG231
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,200 /yr
Last sold
AED 3.03M · January 2024

About 711, Marina Residences 6

711 is a two-bedroom apartment of 1,870 sqft on the 7th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 9 January 2024 for AED 3,025,000, or AED 1,617 per sqft, 10% above the AED 1,476 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 5 February 2018, is AED 130,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 31,200 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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 1,426,100 (AED 762 per sqft)Sold, April 2021: AED 1,330,000 (AED 711 per sqft)Sold, January 2024: AED 3,025,000 (AED 1,617 per sqft)

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

Rents
Unit 711, 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, September 2013: AED 130,000 a yearNew contract, November 2014: AED 170,000 a yearNew contract, February 2018: AED 130,000 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 711 sits

All 106 2-beds →

711 last sold in January 2024 at AED 1,617 per sqft, 10% above what two-beds in Marina Residences 6 were fetching at the time (AED 1,476). 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. 711's AED 130,000 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 195K /yr
Typical yield
4.9%
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
7053-bedAED 2.09M · Mar 2010
7063-bedAED 5.3M · Oct 2021
7073-bedAED 1.4M · Jul 2012
1–7 of 10

711, Marina Residences 6 in numbers

  • Sold 3 times: first on 25 October 2010 for AED 1,426,100, last on 9 January 2024 for AED 3,025,000 (AED 1,617 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 4.3%, 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 9 January 2024.

Questions about 711, Marina Residences 6

What did unit 711 last sell for?

AED 3,025,000 on 9 January 2024: AED 1,617 per sqft for 1,870 sqft. The unit has 3 registered sales; the first was AED 1,426,100 in October 2010.

What is the rent for unit 711?

AED 130,000 a year on the contract signed on 5 February 2018. The previous contract, from November 2014, was AED 170,000; the unit has been rented since September 2013.

How big is unit 711?

1,870 sqft (173.7 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 711 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 711, Marina Residences 6

Starts from the last sale price (AED 3.03M, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,025,000
Deposit, UAE resident (20%)
AED 605,000
Deposit, non-resident (40%)
AED 1,210,000
Monthly over 25 years at 3.7%
AED 12,376

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