602, Marina Residences 1
Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Marina Residences 1
What is 602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 6th of 14
- Parking
- CB1+102
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2.85M · November 2010
- Building
- Marina Residences 1
About 602, Marina Residences 1
602 is a two-bedroom apartment of 1,735 sqft on the 6th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 23 November 2010 for AED 2,846,900, or AED 1,640 per sqft, 8% above the AED 1,525 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 February 2025, is AED 168,300 a year: a gross yield of 5.9% on the 2010 price, before the service charge of about AED 28,900 a year.
Sales and rents for 602 over time
602 has sold once; the dashed line is the two-bed median of each year in the building.
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 1, and where 602 sits
All 102 2-beds →602 last sold in November 2010 at AED 1,640 per sqft, 8% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,525). Over the last 12 months two-beds sold for AED 3,200,000, around AED 1,799 per sqft, and rent for AED 158,700 to 310,000 a year. 602's AED 168,300 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,778 sqft | 3,200,000 | 1,799 | ||
| 4 Jul 20254 July 2025 | 1,870 sqft | 3,650,000 | 1,951 | ||
| 1 Jul 20251 July 2025 | 2,045 sqft | 3,950,000 | 1,931 | ||
| 22 May 202522 May 2025 | 1,858 sqft | 3,625,000 | 1,951 |
Marina Residences 1
Building162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,303
- Typical sale
- AED 7.29M
- Typical rent
- AED 212K /yr
- Typical yield
- 5.0%
Other units on the 6th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,870 sqft | AED 3.27MAED 3,271,202 · Sep 2024September 2024 | 131,655 /yr | |
| 603 | 2-bed | 1,735 sqft | AED 1.63MAED 1,630,000 · Oct 2019October 2019 | 114,692 /yr | |
| 604 | 2-bed | 1,746 sqft | AED 2.55MAED 2,550,000 · Nov 2022November 2022 | 195,000 /yr | |
| 605 | 3-bed | 2,439 sqft | AED 3.6MAED 3,600,000 · Nov 2022November 2022 | 190,000 /yr | |
| 606 | 3-bed | 4,054 sqft | AED 4.6MAED 4,600,000 · Oct 2021October 2021 | 252,000 /yr | |
| 607 | 3-bed | 2,439 sqft | AED 2.7MAED 2,700,000 · May 2011May 2011 | 278,300 /yr | |
| 608 | 2-bed | 1,746 sqft | AED 2.74MAED 2,740,000 · Jun 2016June 2016 | 280,000 /yr | |
| 609 | 2-bed | 1,735 sqft | AED 2.73MAED 2,730,000 · Jun 2016June 2016 | 230,000 /yr | |
| 610 | 2-bed | 1,735 sqft | AED 2.7MAED 2,695,000 · Aug 2022August 2022 | 199,000 /yr | |
| 611 | 2-bed | 1,870 sqft | AED 2.59MAED 2,590,800 · Nov 2010November 2010 | 200,000 /yr |
602, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 23 November 2010 for AED 2,846,900, or AED 1,640 per sqft.
- Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 107,500 in 2021 and recovered to AED 168,300 by February 2025.
- At AED 168,300 a year the gross yield on the 2010 price is 5.9%, before a service charge of about AED 28,900 a year (AED 16.67 per sqft).
- Two-beds in Marina Residences 1 sold for AED 3,200,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,303 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.
Questions about 602, Marina Residences 1
What did unit 602 last sell for?
AED 2,846,900 on 23 November 2010, sold by the developer: AED 1,640 per sqft for 1,735 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 168,300 a year on the contract signed on 1 February 2025. The previous contract, from February 2024, was AED 153,000; the unit has been rented since August 2015.
How big is unit 602?
1,735 sqft (161.2 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.
What is unit 602 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 1 sold for AED 3,200,000 to 3,200,000 in the last 12 months, around AED 1,799 per sqft.
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Mortgage on 602, Marina Residences 1
Starts from the last sale price (AED 2.85M, 23 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,846,900
- Deposit, UAE resident (20%)
- AED 569,380
- Deposit, non-resident (40%)
- AED 1,138,760
- Monthly over 25 years at 3.7%
- AED 11,648
Plus AED 124,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →