2-bed · 1,858 sqftMarina Residences 4, Palm Jumeirah · 3rd floor · completed 2009

308, Marina Residences 4

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 2.92M26 April 2011
Current rentAED 120K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Marina Residences 4

What is 308 worth today?

Last sold for AED 2,920,700 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 May 2025RentedRenewal
AED 120,000/yr12 months · AED 65 per sqft
15 May 2024RentedNew contract
AED 120,000/yr12 months · AED 65 per sqft
15 Jun 2023RentedNew contract
AED 120,000/yr12 months · AED 65 per sqft
15 May 2022RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
15 May 2021RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
15 May 2020RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
15 May 2019RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
15 May 2016RentedRenewal
AED 120,000/yr36 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.

Key facts

Type
2-bed apartment
Size
1,858 sqft
Floor
3rd of 14
Parking
CB1-140
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 2.92M · April 2011

About 308, Marina Residences 4

308 is a two-bedroom apartment of 1,858 sqft on the 3rd floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 26 April 2011 for AED 2,920,700, or AED 1,572 per sqft, 13% above the AED 1,395 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 120,000 a year: a gross yield of 4.1% on the 2011 price, before the service charge of about AED 31,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Marina Residences 4
2M3M20102014201820222026Typical sale price by year: 2010 AED 2,740,000; 2011 AED 2,744,600; 2012 AED 2,224,250; 2013 AED 2,500,000; 2014 AED 2,675,000; 2015 AED 2,550,050; 2016 AED 2,250,000; 2017 AED 2,200,000; 2018 AED 2,000,000; 2019 AED 1,762,500; 2021 AED 2,176,467; 2022 AED 2,200,000; 2023 AED 2,700,500; 2024 AED 3,000,000; 2025 AED 3,440,000Sold by developer, April 2011: AED 2,920,700 (AED 1,572 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Marina Residences 4
100K150K200K2012201620202024Typical rent by year: 2012 AED 137,500; 2013 AED 141,750; 2014 AED 160,000; 2015 AED 166,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 109,000; 2022 AED 126,000; 2023 AED 136,000; 2024 AED 160,023; 2025 AED 180,000; 2026 AED 200,000New contract, May 2014: AED 120,000 a yearRenewal, May 2016: AED 120,000 a yearRenewal, May 2019: AED 120,000 a yearRenewal, May 2020: AED 120,000 a yearNew contract, May 2021: AED 120,000 a yearRenewal, May 2022: AED 120,000 a yearNew contract, June 2023: AED 120,000 a yearNew contract, May 2024: AED 120,000 a yearRenewal, May 2025: AED 120,000 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 4, and where 308 sits

All 105 2-beds →

308 last sold in April 2011 at AED 1,572 per sqft, 13% above what two-beds in Marina Residences 4 were fetching at the time (AED 1,395). Over the last 12 months two-beds sold for AED 3,080,000 to 7,000,000, around AED 1,711 per sqft, and rent for AED 150,000 to 500,000 a year. 308's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Dec 20254,300,000
24 Dec 20253,080,000
8 Dec 2025110,175
19 Jun 20253,440,000
4 2-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 3rd floor

All 166 units in Marina Residences 4
Value
3012-bedAED 1.03M · Aug 2016
3022-bedAED 2.59M · Nov 2010
3032-bedAED 2.64M · Nov 2010
3042-bedAED 1.7M · Aug 2010
3053-bedAED 5M · Feb 2026
3063-bedAED 4.36M · Jan 2012
3073-bedAED 3.45M · May 2022
1–7 of 10

308, Marina Residences 4 in numbers

  • Sold once: by The Palm - Jumeirah Co on 26 April 2011 for AED 2,920,700, or AED 1,572 per sqft.
  • Rented since May 2014 on 9 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2011 price is 4.1%, before a service charge of about AED 31,000 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 4 sold for AED 3,080,000–7,000,000 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 15 May 2025.

Questions about 308, Marina Residences 4

What did unit 308 last sell for?

AED 2,920,700 on 26 April 2011, sold by the developer: AED 1,572 per sqft for 1,858 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 120,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2024, was AED 120,000; the unit has been rented since May 2014.

How big is unit 308?

1,858 sqft (172.6 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 308 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 4 sold for AED 3,080,000 to 7,000,000 in the last 12 months, around AED 1,711 per sqft.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Marina Residences 4

Starts from the last sale price (AED 2.92M, 26 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,920,700
Deposit, UAE resident (20%)
AED 584,140
Deposit, non-resident (40%)
AED 1,168,280
Monthly over 25 years at 3.7%
AED 11,949

Plus AED 127,679 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →