609, Marina Residences 1
Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 609, Marina Residences 1
What is 609 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 6th of 14
- Parking
- 1-B110
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2.73M · June 2016
- Building
- Marina Residences 1
About 609, Marina Residences 1
609 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 6 June 2016 for AED 2,730,000, or AED 1,573 per sqft, 15% above the AED 1,372 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 March 2024, is AED 230,000 a year: a gross yield of 8.4% on the 2016 price, before the service charge of about AED 28,900 a year.
Sales and rents for 609 over time
609 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 609 sits
All 102 2-beds →609 last sold in June 2016 at AED 1,573 per sqft, 15% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,372). 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. 609's AED 230,000 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 | |
| 602 | 2-bed | 1,735 sqft | AED 2.85MAED 2,846,900 · Nov 2010November 2010 | 168,300 /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 | |
| 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 |
609, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 6 June 2016 for AED 2,730,000, or AED 1,573 per sqft.
- Rented since August 2016 on 5 Ejari contracts. The rent fell from AED 170,000 to AED 115,000 in 2020 and recovered to AED 230,000 by March 2024.
- At AED 230,000 a year the gross yield on the 2016 price is 8.4%, 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 March 2024.
Questions about 609, Marina Residences 1
What did unit 609 last sell for?
AED 2,730,000 on 6 June 2016, sold by the developer: AED 1,573 per sqft for 1,735 sqft. It is the only registered sale of the unit.
What is the rent for unit 609?
AED 230,000 a year on the contract signed on 1 March 2024. The previous contract, from September 2021, was AED 130,286; the unit has been rented since August 2016.
How big is unit 609?
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 609 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 609, Marina Residences 1
Starts from the last sale price (AED 2.73M, 6 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,730,000
- Deposit, UAE resident (20%)
- AED 546,000
- Deposit, non-resident (40%)
- AED 1,092,000
- Monthly over 25 years at 3.7%
- AED 11,169
Plus AED 119,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →