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

TH07, Marina Residences 6

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH07 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 4.2M19 February 2014
Current rentAED 253K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH07, Marina Residences 6

What is TH07 worth today?

Last sold for AED 4,200,000 in 2014

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20 Sep 2023RentedRenewal
AED 253,000/yr12 months · AED 62 per sqft
20 Sep 2022RentedNew contract
AED 220,000/yr12 months · AED 54 per sqft
29 Sep 2021RentedNew contract
AED 220,000/yr12 months · AED 54 per sqft
1 Mar 2017RentedNew contract
AED 215,000/yr12 months · AED 52 per sqft
1 Sep 2014RentedNew contract
AED 260,000/yr12 months · AED 63 per sqft
19 Feb 2014Sold by developerReady
AED 4,200,000AED 1,025 per sqft
1 Aug 2013RentedNew contract
AED 160,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
3-bed apartment
Size
4,098 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 68,300 /yr
Last sold
AED 4.2M · February 2014

About TH07, Marina Residences 6

TH07 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. The developer sold it on 19 February 2014 for AED 4,200,000, or AED 1,025 per sqft, in line with the AED 1,038 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 253,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 68,300 a year.

Sales and rents for TH07 over time

Sales
Unit TH07, 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, February 2014: AED 4,200,000 (AED 1,025 per sqft)

TH07 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH07, 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, August 2013: AED 160,000 a yearNew contract, September 2014: AED 260,000 a yearNew contract, March 2017: AED 215,000 a yearNew contract, September 2021: AED 220,000 a yearNew contract, September 2022: AED 220,000 a yearRenewal, September 2023: AED 253,000 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 TH07 sits

All 50 3-beds →

TH07 last sold in February 2014 at AED 1,025 per sqft, in line with what three-beds in Marina Residences 6 were fetching at the time (AED 1,038). 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. TH07's AED 253,000 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 195K /yr
Typical yield
4.9%
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
TH043-bedAED 3.68M · Aug 2017
1–7 of 10

TH07, Marina Residences 6 in numbers

  • Sold once: by The Palm - Jumeirah Co on 19 February 2014 for AED 4,200,000, or AED 1,025 per sqft.
  • Rented since August 2013 on 6 Ejari contracts, from AED 160,000 to AED 253,000 a year.
  • At AED 253,000 a year the gross yield on the 2014 price is 6.0%, 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 20 September 2023.

Questions about TH07, Marina Residences 6

What did unit TH07 last sell for?

AED 4,200,000 on 19 February 2014, sold by the developer: AED 1,025 per sqft for 4,098 sqft. It is the only registered sale of the unit.

What is the rent for unit TH07?

AED 253,000 a year on the contract renewed on 20 September 2023. The previous contract, from September 2022, was AED 220,000; the unit has been rented since August 2013.

How big is unit TH07?

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 TH07 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 TH07, Marina Residences 6

Starts from the last sale price (AED 4.2M, 19 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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