3-bed · 4,098 sqftMarina Residences 6, Palm Jumeirah · -1th floor · completed 2009

TH02, Marina Residences 6

Sold prices and rental history: sold twice, last in February 2014, and rented once, from November 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH02 · DLD and Ejari recordsUpdated 3 February 2014
Last soldAED 4M3 February 2014
Current rentAED 145K /yr15 November 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH02, Marina Residences 6

What is TH02 worth today?

Last sold for AED 4,000,000 in 2014

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3 Feb 2014SoldReady
AED 4,000,000AED 976 per sqft
15 Nov 2011RentedNew contract
AED 145,000/yr12 months · AED 35 per sqft
27 Sep 2011Sold by developerReady
AED 5,163,900AED 1,260 per sqft

Source: Dubai Land Department. Updated 3 February 2014.

Key facts

Type
3-bed apartment
Size
4,098 sqft
Floor
-1th of 14
Parking
GB-30
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 68,300 /yr
Last sold
AED 4M · February 2014

About TH02, Marina Residences 6

TH02 is a three-bedroom apartment of 4,098 sqft on the -1th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 3 February 2014 for AED 4,000,000, or AED 976 per sqft, 8% below the AED 1,061 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2011. The current contract, signed on 15 November 2011, is AED 145,000 a year: a gross yield of 3.6% on the 2014 price, before the service charge of about AED 68,300 a year.

Sales and rents for TH02 over time

Sales
Unit TH02, 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, September 2011: AED 5,163,900 (AED 1,260 per sqft)Sold, February 2014: AED 4,000,000 (AED 976 per sqft)

TH02 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH02, each contractTypical three-bed in Marina Residences 6
200K300K20112015201920232027Typical 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, November 2011: AED 145,000 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 TH02 sits

All 50 3-beds →

TH02 last sold in February 2014 at AED 976 per sqft, 8% below what three-beds in Marina Residences 6 were fetching at the time (AED 1,061). 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. TH02's AED 145,000 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 -1th floor

All 162 units in Marina Residences 6
Value
LG013-bedAED 4.4M · May 2024
LG023-bedAED 5.5M · Jun 2023
LG033-bedAED 3.1M · Jul 2021
TH012-bedAED 3.35M · Feb 2018
TH033-bedAED 4.2M · Jan 2014
TH043-bedAED 3.68M · Aug 2017
TH052-bedAED 5M · Nov 2023
1–7 of 10

TH02, Marina Residences 6 in numbers

  • Sold twice: first on 27 September 2011 for AED 5,163,900, last on 3 February 2014 for AED 4,000,000 (AED 976 per sqft).
  • Rented since November 2011 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2014 price is 3.6%, before a service charge of about AED 68,300 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 3 February 2014.

Questions about TH02, Marina Residences 6

What did unit TH02 last sell for?

AED 4,000,000 on 3 February 2014: AED 976 per sqft for 4,098 sqft. The unit has 2 registered sales; the first was AED 5,163,900 in September 2011.

What is the rent for unit TH02?

AED 145,000 a year on the contract signed on 15 November 2011.

How big is unit TH02?

4,098 sqft (380.7 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH02 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 TH02, Marina Residences 6

Starts from the last sale price (AED 4M, 3 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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