3-bed · 3,996 sqftMarina Residences 6, Palm Jumeirah · -1th floor · completed 2009

TH04, Marina Residences 6

Sold prices and rental history: sold 6 times, last in August 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH04 · DLD and Ejari recordsUpdated 17 August 2017
Last soldAED 3.68M17 August 2017
Current rentAED 125K /yr25 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH04, Marina Residences 6

What is TH04 worth today?

Last sold for AED 3,675,000 in 2017

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17 Aug 2017SoldReady
AED 3,675,000AED 919 per sqft
23 Mar 2017SoldReady
AED 3,200,000AED 800 per sqft
23 Feb 2017SoldReady
AED 3,500,000AED 875 per sqft
25 Mar 2015RentedRenewal
AED 125,000/yr24 months · AED 31 per sqft
25 Mar 2014RentedNew contract
AED 160,000/yr12 months · AED 40 per sqft
3 Mar 2014SoldReady
AED 4,700,000AED 1,176 per sqft
16 Jan 2014SoldReady
AED 4,000,000AED 1,000 per sqft
14 Feb 2013RentedNew contract
AED 220,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 17 August 2017.

Key facts

Type
3-bed apartment
Size
3,996 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 66,600 /yr
Last sold
AED 3.68M · August 2017

About TH04, Marina Residences 6

TH04 is a three-bedroom apartment of 3,996 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 17 August 2017 for AED 3,675,000, or AED 919 per sqft, in line with the AED 897 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 25 March 2015, is AED 125,000 a year: a gross yield of 3.4% on the 2017 price, before the service charge of about AED 66,600 a year.

Sales and rents for TH04 over time

Sales
Unit TH04, each saleTypical three-bed in Marina Residences 6
4M2010201420182022Typical 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, January 2012: AED 5,388,900 (AED 1,348 per sqft)Sold, January 2014: AED 4,000,000 (AED 1,000 per sqft)Sold, March 2014: AED 4,700,000 (AED 1,176 per sqft)Sold, February 2017: AED 3,500,000 (AED 875 per sqft)Sold, March 2017: AED 3,200,000 (AED 800 per sqft)Sold, August 2017: AED 3,675,000 (AED 919 per sqft)

TH04 has sold 6 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH04, each contractTypical three-bed in Marina Residences 6
100K200K300K2012201620202024Typical 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, February 2013: AED 220,000 a yearNew contract, March 2014: AED 160,000 a yearRenewal, March 2015: AED 125,000 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 TH04 sits

All 50 3-beds →

TH04 last sold in August 2017 at AED 919 per sqft, in line with what three-beds in Marina Residences 6 were fetching at the time (AED 897). 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. TH04's AED 125,000 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
TH023-bedAED 4M · Feb 2014
TH033-bedAED 4.2M · Jan 2014
TH052-bedAED 5M · Nov 2023
1–7 of 10

TH04, Marina Residences 6 in numbers

  • Sold 6 times: first on 4 January 2012 for AED 5,388,900, last on 17 August 2017 for AED 3,675,000 (AED 919 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 220,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2017 price is 3.4%, before a service charge of about AED 66,600 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 17 August 2017.

Questions about TH04, Marina Residences 6

What did unit TH04 last sell for?

AED 3,675,000 on 17 August 2017: AED 919 per sqft for 3,996 sqft. The unit has 6 registered sales; the first was AED 5,388,900 in January 2012.

What is the rent for unit TH04?

AED 125,000 a year on the contract renewed on 25 March 2015. The previous contract, from March 2014, was AED 160,000; the unit has been rented since February 2013.

How big is unit TH04?

3,996 sqft (371.2 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH04 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 TH04, Marina Residences 6

Starts from the last sale price (AED 3.68M, 17 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,675,000
Deposit, UAE resident (20%)
AED 735,000
Deposit, non-resident (40%)
AED 1,470,000
Monthly over 25 years at 3.7%
AED 15,036

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