2-bed · 2,048 sqftMarina Residences 4, Palm Jumeirah · -1th floor · completed 2009

LG02, Marina Residences 4

Sold prices and rental history: sold 6 times, last in July 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit LG02 · DLD and Ejari recordsUpdated 29 June 2025
Last soldAED 2.1M12 July 2017
Current rentAED 210K /yr29 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for LG02, Marina Residences 4

What is LG02 worth today?

Last sold for AED 2,100,000 in 2017

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29 Jun 2025RentedRenewal
AED 210,000/yr12 months · AED 103 per sqft
29 Jun 2024RentedNew contract
AED 210,000/yr12 months · AED 103 per sqft
12 Jul 2017SoldReady
AED 2,100,000AED 1,025 per sqft
25 Feb 2014SoldReady
AED 2,750,000AED 1,342 per sqft
17 Sep 2013SoldReady
AED 1,165,000AED 568 per sqft
5 May 2013SoldReady
AED 2,070,000AED 1,010 per sqft
10 Feb 2013SoldReady
AED 1,850,000AED 903 per sqft
2 May 2012Sold by developerReady
AED 2,198,500AED 1,073 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 June 2025.

Key facts

Type
2-bed apartment
Size
2,048 sqft
Floor
-1th of 14
Parking
4-LG88
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 2.1M · July 2017

About LG02, Marina Residences 4

LG02 is a two-bedroom apartment of 2,048 sqft on the -1th floor of Marina Residences 4, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 12 July 2017 for AED 2,100,000, or AED 1,025 per sqft, 9% below the AED 1,131 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 29 June 2025, is AED 210,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 34,100 a year.

Sales and rents for LG02 over time

Sales
Unit LG02, each saleTypical two-bed in Marina Residences 4
2M20102014201820222026Typical 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, May 2012: AED 2,198,500 (AED 1,073 per sqft)Sold, February 2013: AED 1,850,000 (AED 903 per sqft)Sold, May 2013: AED 2,070,000 (AED 1,010 per sqft)Sold, September 2013: AED 1,165,000 (AED 568 per sqft)Sold, February 2014: AED 2,750,000 (AED 1,342 per sqft)Sold, July 2017: AED 2,100,000 (AED 1,025 per sqft)

LG02 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit LG02, 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, June 2024: AED 210,000 a yearRenewal, June 2025: 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 4, and where LG02 sits

All 105 2-beds →

LG02 last sold in July 2017 at AED 1,025 per sqft, 9% below what two-beds in Marina Residences 4 were fetching at the time (AED 1,131). 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. LG02's AED 210,000 is in the lower half 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 -1th floor

All 166 units in Marina Residences 4
Value
LG012-bedAED 2.25M · Mar 2013
LG032-bedAED 2.07M · May 2023
LG042-bedAED 1.59M · Dec 2023
LG053-bedAED 2.7M · Sep 2013
LG063-bedAED 5.1M · Mar 2016
LG073-bedAED 3.39M · Apr 2016
TH013-bedAED 5.16M · Oct 2013
1–7 of 10

LG02, Marina Residences 4 in numbers

  • Sold 6 times: first on 2 May 2012 for AED 2,198,500, last on 12 July 2017 for AED 2,100,000 (AED 1,025 per sqft).
  • Rented since June 2024 on 2 Ejari contracts, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 34,100 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 29 June 2025.

Questions about LG02, Marina Residences 4

What did unit LG02 last sell for?

AED 2,100,000 on 12 July 2017: AED 1,025 per sqft for 2,048 sqft. The unit has 6 registered sales; the first was AED 2,198,500 in May 2012.

What is the rent for unit LG02?

AED 210,000 a year on the contract renewed on 29 June 2025. The previous contract, from June 2024, was AED 210,000.

How big is unit LG02?

2,048 sqft (190.3 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit LG02 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.

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Mortgage on LG02, Marina Residences 4

Starts from the last sale price (AED 2.1M, 12 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →