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3-bed · 2,734 sqftMarina Residences 6, Palm Jumeirah · Ground floor · completed 2009

G01, Marina Residences 6

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 2 November 2022
Last soldAED 3.4M24 May 2022
Current rentAED 160K /yr2 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G01, Marina Residences 6

What is G01 worth today?

Last sold for AED 3,400,000 in 2022

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2 Nov 2022RentedNew contract
AED 159,500/yr12 months · AED 58 per sqft
24 May 2022SoldReady
AED 3,400,000AED 1,243 per sqft
2 Nov 2021RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
25 Oct 2020RentedRenewal
AED 135,000/yr12 months · AED 49 per sqft
25 Oct 2019RentedNew contract
AED 165,000/yr12 months · AED 60 per sqft
20 Jun 2014RentedRenewal
AED 255,000/yr12 months · AED 93 per sqft
20 Jun 2014RentedNew contract
AED 255,000/yr12 months · AED 93 per sqft
13 Apr 2014SoldReady
AED 4,000,000AED 1,462 per sqft

Source: Dubai Land Department. Updated 2 November 2022.

Key facts

Type
3-bed apartment
Size
2,734 sqft
Floor
Ground of 14
Parking
CB1-258, CLG-259
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,600 /yr
Last sold
AED 3.4M · May 2022
Building
Marina Residences 6

About G01, Marina Residences 6

G01 is a three-bedroom apartment of 2,734 sqft on the ground floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 24 May 2022 for AED 3,400,000, or AED 1,243 per sqft, 4% below the AED 1,297 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 2 November 2022, is AED 159,500 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 45,600 a year.

Sales and rents for G01 over time

Sales
Unit G01, 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, June 2011: AED 3,403,000 (AED 1,244 per sqft)Sold, April 2014: AED 4,000,000 (AED 1,462 per sqft)Sold, May 2022: AED 3,400,000 (AED 1,243 per sqft)

G01 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G01, 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 2013: AED 240,000 a yearRenewal, June 2014: AED 255,000 a yearNew contract, June 2014: AED 255,000 a yearNew contract, October 2019: AED 165,000 a yearRenewal, October 2020: AED 135,000 a yearNew contract, November 2021: AED 145,000 a yearNew contract, November 2022: AED 159,500 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 G01 sits

All 50 3-beds →

G01 last sold in May 2022 at AED 1,243 per sqft, 4% below what three-beds in Marina Residences 6 were fetching at the time (AED 1,297). 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. G01's AED 159,500 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 ground floor

All 162 units in Marina Residences 6
Value
G023-bedAED 3.7M · Mar 2021
G033-bedAED 2M · Oct 2020

G01, Marina Residences 6 in numbers

  • Sold 3 times: first on 5 June 2011 for AED 3,403,000, last on 24 May 2022 for AED 3,400,000 (AED 1,243 per sqft).
  • Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 240,000 to AED 135,000 in 2020 and recovered to AED 159,500 by November 2022.
  • At AED 159,500 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 45,600 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 2 November 2022.

Questions about G01, Marina Residences 6

What did unit G01 last sell for?

AED 3,400,000 on 24 May 2022: AED 1,243 per sqft for 2,734 sqft. The unit has 3 registered sales; the first was AED 3,403,000 in June 2011.

What is the rent for unit G01?

AED 159,500 a year on the contract signed on 2 November 2022. The previous contract, from November 2021, was AED 145,000; the unit has been rented since June 2013.

How big is unit G01?

2,734 sqft (254.0 sqm): a three-bedroom apartment on the ground floor of a 14-storey tower completed in 2009.

What is unit G01 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 G01, Marina Residences 6

Starts from the last sale price (AED 3.4M, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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