LG07, Marina Residences 4
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for LG07, Marina Residences 4
What is LG07 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,751 sqft
- Floor
- -1th of 14
- Parking
- 4-B99
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 45,900 /yr
- Last sold
- AED 3.39M · April 2016
- Building
- Marina Residences 4
About LG07, Marina Residences 4
LG07 is a three-bedroom apartment of 2,751 sqft on the -1th 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 25 April 2016 for AED 3,390,000, or AED 1,232 per sqft, 8% below the AED 1,332 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 10 May 2023, is AED 245,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 45,900 a year.
Sales and rents for LG07 over time
LG07 has sold once; the dashed line is the three-bed median of each year in the building.
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 LG07 sits
All 45 3-beds →LG07 last sold in April 2016 at AED 1,232 per sqft, 8% below what three-beds in Marina Residences 4 were fetching at the time (AED 1,332). 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. LG07's AED 245,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 2,440 sqft | 4,999,000 | 2,049 | ||
| 28 Jan 202628 January 2026 | 4,054 sqft | 15,250,000 | 3,762 | ||
| 15 Dec 202515 December 2025 | 2,524 sqft | 6,700,000 | 2,654 | ||
| 28 Jul 202528 July 2025 | 4,053 sqft | 10,000,000 | 2,467 |
Marina Residences 4
Building166 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%
Other units on the -1th floor
All 166 units in Marina Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| LG01 | 2-bed | 1,947 sqft | AED 2.25MAED 2,246,500 · Mar 2013March 2013 | 138,000 /yr | |
| LG02 | 2-bed | 2,048 sqft | AED 2.1MAED 2,100,000 · Jul 2017July 2017 | 210,000 /yr | |
| LG03 | 2-bed | 2,047 sqft | AED 2.07MAED 2,070,000 · May 2023May 2023 | 126,184 /yr | |
| LG04 | 2-bed | 2,047 sqft | AED 1.59MAED 1,591,000 · Dec 2023December 2023 | 200,000 /yr | |
| LG05 | 3-bed | 2,751 sqft | AED 2.7MAED 2,700,000 · Sep 2013September 2013 | ||
| LG06 | 3-bed | 4,768 sqft | AED 5.1MAED 5,100,000 · Mar 2016March 2016 | 240,000 /yr | |
| TH01 | 3-bed | 4,045 sqft | AED 5.16MAED 5,163,900 · Oct 2013October 2013 | 300,000 /yr | |
| TH02 | 3-bed | 4,098 sqft | AED 3.4MAED 3,400,000 · Dec 2018December 2018 | 525,000 /yr | |
| TH03 | 4,090 sqft | AED 7MAED 7,000,000 · Nov 2025November 2025 | 180,000 /yr | ||
| TH04 | 3-bed | 3,996 sqft | AED 5.16MAED 5,163,900 · Mar 2016March 2016 | 190,000 /yr |
LG07, Marina Residences 4 in numbers
- Sold once: by The Palm - Jumeirah Co on 25 April 2016 for AED 3,390,000, or AED 1,232 per sqft.
- Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 185,000 to AED 130,000 in 2021 and recovered to AED 245,000 by May 2023.
- At AED 245,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 45,900 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 10 May 2023.
Questions about LG07, Marina Residences 4
What did unit LG07 last sell for?
AED 3,390,000 on 25 April 2016, sold by the developer: AED 1,232 per sqft for 2,751 sqft. It is the only registered sale of the unit.
What is the rent for unit LG07?
AED 245,000 a year on the contract signed on 10 May 2023. The previous contract, from September 2022, was AED 150,000; the unit has been rented since September 2012.
How big is unit LG07?
2,751 sqft (255.6 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.
What is unit LG07 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 LG07, Marina Residences 4
Starts from the last sale price (AED 3.39M, 25 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,390,000
- Deposit, UAE resident (20%)
- AED 678,000
- Deposit, non-resident (40%)
- AED 1,356,000
- Monthly over 25 years at 3.7%
- AED 13,870
Plus AED 147,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →