TH04, Marina Residences 1
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH04, Marina Residences 1
What is TH04 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 3,996 sqft
- Floor
- -1th of 14
- Parking
- Attached
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 66,600 /yr
- Last sold
- AED 4.99M · April 2024
- Building
- Marina Residences 1
About TH04, Marina Residences 1
TH04 is a two-bedroom apartment of 3,996 sqft on the -1th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 22 April 2024 for AED 4,990,000, or AED 1,248 per sqft, 12% below the AED 1,425 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 June 2023, is AED 295,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 66,600 a year.
Sales and rents for TH04 over time
TH04 has sold twice; 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 TH04 sits
All 102 2-beds →TH04 last sold in April 2024 at AED 1,248 per sqft, 12% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,425). 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. TH04's AED 295,000 is in the upper 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 -1th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| LG01 | 3-bed | 2,751 sqft | AED 5MAED 4,999,999 · Apr 2025April 2025 | 235,000 /yr | |
| LG02 | 3-bed | 4,768 sqft | AED 5.2MAED 5,200,000 · Jun 2022June 2022 | 215,605 /yr | |
| LG03 | 3-bed | 2,751 sqft | AED 1.69MAED 1,694,500 · Mar 2010March 2010 | 372,600 /yr | |
| TH01 | 2-bed | 4,045 sqft | AED 6.2MAED 6,200,000 · Dec 2024December 2024 | 162,460 /yr | |
| TH02 | 2-bed | 4,098 sqft | AED 5.75MAED 5,750,000 · Jul 2024July 2024 | 213,353 /yr | |
| TH03 | 3-bed | 4,090 sqft | AED 3.9MAED 3,900,000 · Jan 2023January 2023 | 170,000 /yr | |
| TH05 | 3-bed | 3,996 sqft | AED 5.15MAED 5,150,000 · Aug 2014August 2014 | ||
| TH06 | 3-bed | 4,090 sqft | AED 4.4MAED 4,400,000 · Apr 2023April 2023 | 168,300 /yr | |
| TH07 | 3-bed | 4,098 sqft | AED 5MAED 5,000,000 · Jan 2022January 2022 | 420,000 /yr | |
| TH08 | 2-bed | 4,045 sqft | AED 7.6MAED 7,600,000 · Apr 2024April 2024 | 168,000 /yr |
TH04, Marina Residences 1 in numbers
- Sold twice: first on 14 February 2012 for AED 5,163,900, last on 22 April 2024 for AED 4,990,000 (AED 1,248 per sqft).
- Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 225,000 to AED 150,000 in 2020 and recovered to AED 295,000 by June 2023.
- At AED 295,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 66,600 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 April 2024.
Questions about TH04, Marina Residences 1
What did unit TH04 last sell for?
AED 4,990,000 on 22 April 2024: AED 1,248 per sqft for 3,996 sqft. The unit has 2 registered sales; the first was AED 5,163,900 in February 2012.
What is the rent for unit TH04?
AED 295,000 a year on the contract signed on 1 June 2023. The previous contract, from December 2021, was AED 250,000; the unit has been rented since February 2013.
How big is unit TH04?
3,996 sqft (371.2 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.
What is unit TH04 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 TH04, Marina Residences 1
Starts from the last sale price (AED 4.99M, 22 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,990,000
- Deposit, UAE resident (20%)
- AED 998,000
- Deposit, non-resident (40%)
- AED 1,996,000
- Monthly over 25 years at 3.7%
- AED 20,416
Plus AED 214,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →