2-bed · 1,735 sqftMarina Residences 1, Palm Jumeirah · 8th floor · completed 2009

809, Marina Residences 1

Sold prices and rental history: sold 5 times, last in September 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 2.55M28 September 2021
Current rentAED 210K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Marina Residences 1

What is 809 worth today?

Last sold for AED 2,550,000 in 2021

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20 May 2024RentedNew contract
AED 210,000/yr12 months · AED 121 per sqft
15 Nov 2022RentedNew contract
AED 230,000/yr12 months · AED 133 per sqft
29 Oct 2021RentedNew contract
AED 131,250/yr12 months · AED 76 per sqft
28 Sep 2021SoldReady
AED 2,550,000AED 1,469 per sqft
6 Jul 2021SoldReady
AED 2,280,000AED 1,314 per sqft
29 Oct 2020RentedNew contract
AED 125,000/yr12 months · AED 72 per sqft
8 Oct 2020RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
12 Jun 2018SoldReady
AED 2,150,000AED 1,239 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
8th of 14
Parking
CB1+130
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.55M · September 2021

About 809, Marina Residences 1

809 is a two-bedroom apartment of 1,735 sqft on the 8th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 28 September 2021 for AED 2,550,000, or AED 1,469 per sqft, 27% above the AED 1,159 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 20 May 2024, is AED 210,000 a year: a gross yield of 8.2% on the 2021 price, before the service charge of about AED 28,900 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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, February 2011: AED 2,980,500 (AED 1,717 per sqft)Sold, July 2013: AED 2,700,000 (AED 1,556 per sqft)Sold, June 2018: AED 2,150,000 (AED 1,239 per sqft)Sold, July 2021: AED 2,280,000 (AED 1,314 per sqft)Sold, September 2021: AED 2,550,000 (AED 1,469 per sqft)

809 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 809, 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, April 2016: AED 170,000 a yearRenewal, April 2017: AED 169,529 a yearNew contract, October 2020: AED 125,000 a yearNew contract, October 2020: AED 120,000 a yearNew contract, October 2021: AED 131,250 a yearNew contract, November 2022: AED 230,000 a yearNew contract, May 2024: AED 210,000 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 809 sits

All 102 2-beds →

809 last sold in September 2021 at AED 1,469 per sqft, 27% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,159). 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. 809's AED 210,000 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 8th floor

All 162 units in Marina Residences 1
Value
8012-bedAED 3.65M · Jul 2025
8022-bedAED 2.94M · Mar 2011
8032-bedAED 1.95M · Apr 2021
8042-bedAED 3.08M · May 2024
8053-bedAED 3M · Jan 2011
8063-bedAED 4.6M · Oct 2021
8073-bedAED 4.78M · May 2024
1–7 of 10

809, Marina Residences 1 in numbers

  • Sold 5 times: first on 15 February 2011 for AED 2,980,500, last on 28 September 2021 for AED 2,550,000 (AED 1,469 per sqft).
  • Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2020 and recovered to AED 210,000 by May 2024.
  • At AED 210,000 a year the gross yield on the 2021 price is 8.2%, 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 20 May 2024.

Questions about 809, Marina Residences 1

What did unit 809 last sell for?

AED 2,550,000 on 28 September 2021: AED 1,469 per sqft for 1,735 sqft. The unit has 5 registered sales; the first was AED 2,980,500 in February 2011.

What is the rent for unit 809?

AED 210,000 a year on the contract signed on 20 May 2024. The previous contract, from November 2022, was AED 230,000; the unit has been rented since April 2016.

How big is unit 809?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2009.

What is unit 809 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 809, Marina Residences 1

Starts from the last sale price (AED 2.55M, 28 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →