3-bed · 4,054 sqftMarina Residences 4, Palm Jumeirah · 7th floor · completed 2009

706, Marina Residences 4

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 31 December 2024
Last soldAED 4.58M9 August 2016
Current rentAED 390K /yr31 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Marina Residences 4

What is 706 worth today?

Last sold for AED 4,580,000 in 2016

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31 Dec 2024RentedNew contract
AED 390,000/yr12 months · AED 96 per sqft
25 May 2024RentedNew contract
AED 390,000/yr12 months · AED 96 per sqft
1 Jan 2023RentedRenewal
AED 200,000/yr6 months · AED 49 per sqft
1 Jan 2021RentedRenewal
AED 200,000/yr12 months · AED 49 per sqft
1 Jan 2020RentedNew contract
AED 200,000/yr12 months · AED 49 per sqft
9 Aug 2016Sold by developerReady
AED 4,580,000AED 1,129 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 December 2024.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
7th of 14
Parking
CLG-89, CLG-90
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 4.58M · August 2016

About 706, Marina Residences 4

706 is a three-bedroom apartment of 4,054 sqft on the 7th 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 9 August 2016 for AED 4,580,000, or AED 1,129 per sqft, 10% below the AED 1,257 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 31 December 2024, is AED 390,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 67,600 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, August 2016: AED 4,580,000 (AED 1,129 per sqft)

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

Rents
Unit 706, each contractTypical three-bed in Marina Residences 4
200K400K2012201620202024Typical 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, January 2020: AED 200,000 a yearRenewal, January 2021: AED 200,000 a yearRenewal, January 2023: AED 200,000 a yearNew contract, May 2024: AED 390,000 a yearNew contract, December 2024: AED 390,000 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 706 sits

All 45 3-beds →

706 last sold in August 2016 at AED 1,129 per sqft, 10% below what three-beds in Marina Residences 4 were fetching at the time (AED 1,257). 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. 706's AED 390,000 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 7th floor

All 166 units in Marina Residences 4
Value
7012-bedAED 2.7M · Feb 2025
7022-bedAED 2.4M · Jun 2015
7032-bedAED 1.5M · Jan 2011
7042-bedAED 3.3M · Nov 2024
7053-bedAED 3M · Jan 2017
7073-bedAED 2.35M · May 2019
708AED 3.25M · Jul 2023
1–7 of 10

706, Marina Residences 4 in numbers

  • Sold once: by The Palm - Jumeirah Co on 9 August 2016 for AED 4,580,000, or AED 1,129 per sqft.
  • Rented since January 2020 on 5 Ejari contracts, from AED 200,000 to AED 390,000 a year.
  • At AED 390,000 a year the gross yield on the 2016 price is 8.5%, 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 31 December 2024.

Questions about 706, Marina Residences 4

What did unit 706 last sell for?

AED 4,580,000 on 9 August 2016, sold by the developer: AED 1,129 per sqft for 4,054 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 390,000 a year on the contract signed on 31 December 2024. The previous contract, from May 2024, was AED 390,000; the unit has been rented since January 2020.

How big is unit 706?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 706 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 706, Marina Residences 4

Starts from the last sale price (AED 4.58M, 9 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,580,000
Deposit, UAE resident (20%)
AED 916,000
Deposit, non-resident (40%)
AED 1,832,000
Monthly over 25 years at 3.7%
AED 18,738

Plus AED 197,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →