3-bed · 4,054 sqftMarina Residences 4, Palm Jumeirah · 13th floor · completed 2009

1306, Marina Residences 4

Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 19 February 2024
Last soldAED 7M25 November 2013
Current rentAED 735K /yr19 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Marina Residences 4

What is 1306 worth today?

Last sold for AED 7,000,000 in 2013

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19 Feb 2024RentedNew contract
AED 735,000/yr12 months · AED 181 per sqft
15 Jun 2022RentedNew contract
AED 575,000/yr12 months · AED 142 per sqft
15 Aug 2020RentedRenewal
AED 200,000/yr3 months · AED 49 per sqft
15 Aug 2019RentedNew contract
AED 235,000/yr12 months · AED 58 per sqft
15 May 2018RentedRenewal
AED 230,000/yr12 months · AED 57 per sqft
15 May 2017RentedRenewal
AED 250,000/yr12 months · AED 62 per sqft
28 Nov 2013RentedNew contract · flagged as an outlier
AED 60,000/yr36 months · AED 15 per sqft
25 Nov 2013SoldReady
AED 7,000,000AED 1,726 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 February 2024.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
13th of 14
Parking
CLG-107, CLG-108
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 7M · November 2013

About 1306, Marina Residences 4

1306 is a three-bedroom apartment of 4,054 sqft on the 13th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 25 November 2013 for AED 7,000,000, or AED 1,726 per sqft, 39% above the AED 1,243 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 19 February 2024, is AED 735,000 a year: a gross yield of 10.5% on the 2013 price, before the service charge of about AED 67,600 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical three-bed in Marina Residences 4
5M20102014201820222026Typical sale price by year: 2010 AED 4,068,000; 2011 AED 3,895,000; 2012 AED 2,825,000; 2013 AED 3,350,000; 2015 AED 3,412,400; 2016 AED 4,804,000; 2018 AED 2,150,000; 2019 AED 2,350,000; 2021 AED 3,250,000; 2022 AED 3,655,000; 2023 AED 6,800,000; 2024 AED 4,800,000; 2025 AED 8,050,000Sold by developer, January 2011: AED 4,760,000 (AED 1,174 per sqft)Sold, November 2013: AED 7,000,000 (AED 1,726 per sqft)

1306 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1306, each contractTypical three-bed in Marina Residences 4
500K2012201620202024Typical rent by year: 2012 AED 220,327; 2013 AED 200,000; 2014 AED 218,675; 2015 AED 217,500; 2016 AED 217,500; 2017 AED 200,000; 2018 AED 202,000; 2019 AED 172,866; 2020 AED 150,000; 2021 AED 150,000; 2022 AED 185,000; 2023 AED 200,000; 2024 AED 260,000; 2025 AED 280,000New contract, October 2013: AED 300,000 a yearRenewal, May 2017: AED 250,000 a yearRenewal, May 2018: AED 230,000 a yearNew contract, August 2019: AED 235,000 a yearRenewal, August 2020: AED 200,000 a yearNew contract, June 2022: AED 575,000 a yearNew contract, February 2024: AED 735,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Residences 4, and where 1306 sits

All 45 3-beds →

1306 last sold in November 2013 at AED 1,726 per sqft, 39% above what three-beds in Marina Residences 4 were fetching at the time (AED 1,243). Over the last 12 months three-beds sold for AED 4,999,000 to 15,250,000, around AED 2,654 per sqft, and rent for AED 184,800 to 300,000 a year. 1306's AED 735,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Feb 20264,999,000
28 Jan 202615,250,000
15 Dec 20256,700,000
28 Jul 202510,000,000
3 3-bed sales in the last 12 months

Marina Residences 4

Building

166 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 7 sold in the last 12 months.

Typical price per sqft
AED 2,076
Typical sale
AED 5.85M
Typical rent
AED 202K /yr
Typical yield
5.2%
Marina Residences 4, Palm Jumeirah: prices, sales and rents →

Other units on the 13th floor

All 166 units in Marina Residences 4
Value
13012-bedAED 3.45M · Aug 2024
13022-bedAED 850K · Aug 2019
13032-bedAED 3.14M · Jun 2011
13042-bedAED 3.75M · May 2025
13053-bedAED 4.07M · Nov 2010
13073-bedAED 4.2M · Jul 2013
13082-bedAED 3.19M · Feb 2017
1–7 of 10

1306, Marina Residences 4 in numbers

  • Sold twice: first on 2 January 2011 for AED 4,760,000, last on 25 November 2013 for AED 7,000,000 (AED 1,726 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 300,000 to AED 60,000 in 2013 and recovered to AED 735,000 by February 2024.
  • At AED 735,000 a year the gross yield on the 2013 price is 10.5%, before a service charge of about AED 67,600 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 4 sold for AED 4,999,000–15,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,076 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 19 February 2024.

Questions about 1306, Marina Residences 4

What did unit 1306 last sell for?

AED 7,000,000 on 25 November 2013: AED 1,726 per sqft for 4,054 sqft. The unit has 2 registered sales; the first was AED 4,760,000 in January 2011.

What is the rent for unit 1306?

AED 735,000 a year on the contract signed on 19 February 2024. The previous contract, from June 2022, was AED 575,000; the unit has been rented since October 2013.

How big is unit 1306?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 4 sold for AED 4,999,000 to 15,250,000 in the last 12 months, around AED 2,654 per sqft.

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Mortgage on 1306, Marina Residences 4

Starts from the last sale price (AED 7M, 25 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

Plus AED 299,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →