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2-bed · 2,047 sqftMarina Residences 4, Palm Jumeirah · -1th floor · completed 2009

LG04, Marina Residences 4

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit LG04 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 1.59M6 December 2023
Current rentAED 200K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for LG04, Marina Residences 4

What is LG04 worth today?

Last sold for AED 1,591,000 in 2023

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10 Apr 2025RentedRenewal
AED 200,000/yr12 months · AED 98 per sqft
10 Apr 2024RentedNew contract
AED 200,000/yr12 months · AED 98 per sqft
6 Dec 2023SoldReady
AED 1,591,000AED 777 per sqft
2 Jan 2020RentedRenewal
AED 120,000/yr12 months · AED 59 per sqft
2 Jan 2019RentedRenewal
AED 125,000/yr12 months · AED 61 per sqft
2 Jan 2016RentedRenewal
AED 150,000/yr12 months · AED 73 per sqft
1 Jan 2015RentedNew contract
AED 149,598/yr12 months · AED 73 per sqft
31 Jul 2012SoldReady
AED 1,900,000AED 928 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2025.

Key facts

Type
2-bed apartment
Size
2,047 sqft
Floor
-1th of 14
Parking
4-LG85
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 1.59M · December 2023
Building
Marina Residences 4

About LG04, Marina Residences 4

LG04 is a two-bedroom apartment of 2,047 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 6 December 2023 for AED 1,591,000, or AED 777 per sqft, 42% below the AED 1,347 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 10 April 2025, is AED 200,000 a year: a gross yield of 12.6% on the 2023 price, before the service charge of about AED 34,100 a year.

Sales and rents for LG04 over time

Sales
Unit LG04, 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, June 2012: AED 2,572,440 (AED 1,256 per sqft)Sold, July 2012: AED 1,900,000 (AED 928 per sqft)Sold, December 2023: AED 1,591,000 (AED 777 per sqft)

LG04 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit LG04, 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, January 2015: AED 149,598 a yearRenewal, January 2016: AED 150,000 a yearRenewal, January 2019: AED 125,000 a yearRenewal, January 2020: AED 120,000 a yearNew contract, April 2024: AED 200,000 a yearRenewal, April 2025: AED 200,000 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 LG04 sits

All 105 2-beds →

LG04 last sold in December 2023 at AED 777 per sqft, 42% below what two-beds in Marina Residences 4 were fetching at the time (AED 1,347). 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. LG04's AED 200,000 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
LG022-bedAED 2.1M · Jul 2017
LG032-bedAED 2.07M · May 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

LG04, Marina Residences 4 in numbers

  • Sold 3 times: first on 24 June 2012 for AED 2,572,440, last on 6 December 2023 for AED 1,591,000 (AED 777 per sqft).
  • Rented since January 2015 on 6 Ejari contracts. The rent fell from AED 149,598 to AED 120,000 in 2020 and recovered to AED 200,000 by April 2025.
  • At AED 200,000 a year the gross yield on the 2023 price is 12.6%, 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 10 April 2025.

Questions about LG04, Marina Residences 4

What did unit LG04 last sell for?

AED 1,591,000 on 6 December 2023: AED 777 per sqft for 2,047 sqft. The unit has 3 registered sales; the first was AED 2,572,440 in June 2012.

What is the rent for unit LG04?

AED 200,000 a year on the contract renewed on 10 April 2025. The previous contract, from April 2024, was AED 200,000; the unit has been rented since January 2015.

How big is unit LG04?

2,047 sqft (190.2 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit LG04 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 LG04, Marina Residences 4

Starts from the last sale price (AED 1.59M, 6 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,591,000
Deposit, UAE resident (20%)
AED 318,200
Deposit, non-resident (40%)
AED 636,400
Monthly over 25 years at 3.7%
AED 6,509

Plus AED 71,832 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →