3-bed · 2,439 sqftMarina Residences 6, Palm Jumeirah · 6th floor · completed 2009

607, Marina Residences 6

Sold prices and rental history: sold twice, last in December 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 20 December 2017
Last soldAED 2.93M20 December 2017
Current rentAED 176K /yr24 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Marina Residences 6

What is 607 worth today?

Last sold for AED 2,925,000 in 2017

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20 Dec 2017SoldReady
AED 2,925,000AED 1,199 per sqft
24 Aug 2016RentedNew contract
AED 176,211/yr12 months · AED 72 per sqft
1 Jan 2014RentedNew contract
AED 150,000/yr36 months · AED 61 per sqft
7 Mar 2010Sold by developerReady
AED 4,037,200AED 1,655 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2017.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
6th of 14
Parking
6-B282
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 2.93M · December 2017

About 607, Marina Residences 6

607 is a three-bedroom apartment of 2,439 sqft on the 6th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 20 December 2017 for AED 2,925,000, or AED 1,199 per sqft, 34% above the AED 897 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 24 August 2016, is AED 176,211 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 40,700 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical three-bed in Marina Residences 6
3M4M5M2010201420182022Typical sale price by year: 2010 AED 4,052,600; 2011 AED 4,136,450; 2012 AED 3,560,000; 2013 AED 3,206,500; 2014 AED 4,200,000; 2015 AED 4,840,000; 2017 AED 3,070,000; 2021 AED 3,200,000; 2022 AED 3,400,000; 2024 AED 4,300,000Sold by developer, March 2010: AED 4,037,200 (AED 1,655 per sqft)Sold, December 2017: AED 2,925,000 (AED 1,199 per sqft)

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

Rents
Unit 607, each contractTypical three-bed in Marina Residences 6
200K300K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 205,000; 2014 AED 250,000; 2015 AED 210,000; 2016 AED 230,000; 2017 AED 190,000; 2018 AED 190,000; 2019 AED 172,000; 2020 AED 155,000; 2021 AED 162,000; 2022 AED 192,500; 2023 AED 250,000; 2024 AED 285,000; 2025 AED 290,000; 2026 AED 290,000New contract, January 2014: AED 150,000 a yearNew contract, August 2016: AED 176,211 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 6, and where 607 sits

All 45 3-beds →

607 last sold in December 2017 at AED 1,199 per sqft, 34% above what three-beds in Marina Residences 6 were fetching at the time (AED 897). Over the last 12 months three-beds sold for AED 12,750,000, around AED 3,145 per sqft, and rent for AED 290,000 to 450,000 a year. 607's AED 176,211 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Dec 202512,750,000
1 Nov 20245,565,000
2 Jul 20244,150,000
28 May 20244,400,000
1 3-bed sale in the last 12 months

Marina Residences 6

Building

162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 3 sold in the last 12 months.

Typical price per sqft
AED 3,145
Typical sale
AED 8M
Typical rent
AED 203K /yr
Typical yield
3.6%
Marina Residences 6, Palm Jumeirah: prices, sales and rents →

Other units on the 6th floor

All 162 units in Marina Residences 6
Value
6012-bedAED 2.38M · Jan 2016
6022-bedAED 2.9M · Nov 2013
6032-bedAED 3.19M · Oct 2016
6042-bedAED 3.08M · Nov 2013
605AED 4.65M · Nov 2023
6063-bedAED 6.8M · Jun 2022
6082-bedAED 2.02M · Jan 2013
1–7 of 10

607, Marina Residences 6 in numbers

  • Sold twice: first on 7 March 2010 for AED 4,037,200, last on 20 December 2017 for AED 2,925,000 (AED 1,199 per sqft).
  • Rented since January 2014 on 2 Ejari contracts, from AED 150,000 to AED 176,211 a year.
  • At AED 176,211 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 40,700 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 6 sold for AED 12,750,000–12,750,000 in the 12 months to November 2026; the building's median across all types is AED 3,145 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2017.

Questions about 607, Marina Residences 6

What did unit 607 last sell for?

AED 2,925,000 on 20 December 2017: AED 1,199 per sqft for 2,439 sqft. The unit has 2 registered sales; the first was AED 4,037,200 in March 2010.

What is the rent for unit 607?

AED 176,211 a year on the contract signed on 24 August 2016. The previous contract, from January 2014, was AED 150,000.

How big is unit 607?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 607 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 6 sold for AED 12,750,000 to 12,750,000 in the last 12 months, around AED 3,145 per sqft.

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Mortgage on 607, Marina Residences 6

Starts from the last sale price (AED 2.93M, 20 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,925,000
Deposit, UAE resident (20%)
AED 585,000
Deposit, non-resident (40%)
AED 1,170,000
Monthly over 25 years at 3.7%
AED 11,967

Plus AED 127,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →