2-bed · 1,735 sqftMarina Residences 1, Palm Jumeirah · 7th floor · completed 2009

710, Marina Residences 1

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 22 December 2021
Last soldAED 2.89M27 April 2010
Current rentAED 164K /yr22 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Marina Residences 1

What is 710 worth today?

Last sold for AED 2,891,700 in 2010

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22 Dec 2021RentedRenewal
AED 164,450/yr12 months · AED 95 per sqft
22 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 58 per sqft
22 Dec 2019RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
9 Aug 2018RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
20 Oct 2017RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
5 May 2016RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
11 Jan 2015RentedNew contract
AED 165,000/yr12 months · AED 95 per sqft
27 Apr 2010Sold by developerReady
AED 2,891,700AED 1,666 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2021.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
7th of 14
Parking
CB1+122
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.89M · April 2010

About 710, Marina Residences 1

710 is a two-bedroom apartment of 1,735 sqft on the 7th 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 27 April 2010 for AED 2,891,700, or AED 1,666 per sqft, 15% above the AED 1,447 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 22 December 2021, is AED 164,450 a year: a gross yield of 5.7% on the 2010 price, before the service charge of about AED 28,900 a year.

Sales and rents for 710 over time

Sales
Unit 710, each saleTypical two-bed in Marina Residences 1
2M4M20102014201820222026Typical sale price by year: 2010 AED 2,834,100; 2011 AED 2,829,250; 2012 AED 2,505,700; 2013 AED 2,500,000; 2014 AED 2,645,650; 2015 AED 2,670,000; 2016 AED 2,322,500; 2017 AED 2,407,000; 2018 AED 1,850,000; 2019 AED 1,725,000; 2020 AED 1,550,000; 2021 AED 2,037,500; 2022 AED 2,525,000; 2023 AED 2,725,000; 2024 AED 3,800,000; 2025 AED 3,637,500Sold by developer, April 2010: AED 2,891,700 (AED 1,666 per sqft)

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

Rents
Unit 710, each contractTypical two-bed in Marina Residences 1
100K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 143,100; 2014 AED 166,223; 2015 AED 165,500; 2016 AED 160,500; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 142,500; 2023 AED 161,230; 2024 AED 200,000; 2025 AED 198,136; 2026 AED 211,000New contract, January 2015: AED 165,000 a yearNew contract, May 2016: AED 160,000 a yearNew contract, October 2017: AED 160,000 a yearNew contract, August 2018: AED 120,000 a yearNew contract, December 2019: AED 110,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2021: AED 164,450 a year

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 710 sits

All 102 2-beds →

710 last sold in April 2010 at AED 1,666 per sqft, 15% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,447). 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. 710's AED 164,450 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20263,200,000
4 Jul 20253,650,000
1 Jul 20253,950,000
22 May 20253,625,000
1 2-bed sale in the last 12 months

Marina Residences 1

Building

162 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%
Marina Residences 1, Palm Jumeirah: prices, sales and rents →

Other units on the 7th floor

All 162 units in Marina Residences 1
Value
701AED 2.58M · Sep 2023
7022-bedAED 2.89M · May 2011
7032-bedAED 2.94M · Dec 2011
7042-bedAED 2.98M · Dec 2011
7053-bedAED 3.79M · Nov 2010
7063-bedAED 4.95M · Nov 2017
7073-bedAED 5.65M · Jun 2025
1–7 of 10

710, Marina Residences 1 in numbers

  • Sold once: by The Palm - Jumeirah Co on 27 April 2010 for AED 2,891,700, or AED 1,666 per sqft.
  • Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 165,000 to AED 100,000 in 2020 and recovered to AED 164,450 by December 2021.
  • At AED 164,450 a year the gross yield on the 2010 price is 5.7%, 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 22 December 2021.

Questions about 710, Marina Residences 1

What did unit 710 last sell for?

AED 2,891,700 on 27 April 2010, sold by the developer: AED 1,666 per sqft for 1,735 sqft. It is the only registered sale of the unit.

What is the rent for unit 710?

AED 164,450 a year on the contract renewed on 22 December 2021. The previous contract, from December 2020, was AED 100,000; the unit has been rented since January 2015.

How big is unit 710?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 710 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 710, Marina Residences 1

Starts from the last sale price (AED 2.89M, 27 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,891,700
Deposit, UAE resident (20%)
AED 578,340
Deposit, non-resident (40%)
AED 1,156,680
Monthly over 25 years at 3.7%
AED 11,831

Plus AED 126,461 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →