LG02, Marina Residences 6
Sold prices and rental history: sold twice, last in June 2023, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for LG02, Marina Residences 6
What is LG02 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,380 sqft
- Floor
- -1th of 14
- Parking
- 6-B273, 6-B274
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 39,700 /yr
- Last sold
- AED 5.5M · June 2023
- Building
- Marina Residences 6
About LG02, Marina Residences 6
LG02 is a three-bedroom apartment of 2,380 sqft on the -1th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 14 June 2023 for AED 5,500,000, or AED 1,153 per sqft, 26% below the AED 1,554 three-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 10 September 2021, is AED 150,000 a year: a gross yield of 2.7% on the 2023 price, before the service charge of about AED 39,700 a year.
Sales and rents for LG02 over time
LG02 has sold twice; 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 6, and where LG02 sits
All 45 3-beds →LG02 last sold in June 2023 at AED 1,153 per sqft, 26% below what three-beds in Marina Residences 6 were fetching at the time (AED 1,554). 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. LG02's AED 150,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 4,054 sqft | 12,750,000 | 3,145 | ||
| 1 Nov 20241 November 2024 | 2,440 sqft | 5,565,000 | 2,280 | ||
| 2 Jul 20242 July 2024 | 2,438 sqft | 4,150,000 | 1,702 | ||
| 28 May 202428 May 2024 | 2,751 sqft | 4,400,000 | 1,599 |
Marina Residences 6
Building162 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%
Other units on the -1th floor
All 162 units in Marina Residences 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| LG01 | 3-bed | 2,751 sqft | AED 4.4MAED 4,400,000 · May 2024May 2024 | 209,391 /yr | |
| LG03 | 3-bed | 2,751 sqft | AED 3.1MAED 3,100,000 · Jul 2021July 2021 | 174,570 /yr | |
| TH01 | 2-bed | 4,046 sqft | AED 3.35MAED 3,350,000 · Feb 2018February 2018 | ||
| TH02 | 3-bed | 4,098 sqft | AED 4MAED 4,000,000 · Feb 2014February 2014 | 145,000 /yr | |
| TH03 | 3-bed | 4,090 sqft | AED 4.2MAED 4,200,000 · Jan 2014January 2014 | 210,000 /yr | |
| TH04 | 3-bed | 3,996 sqft | AED 3.68MAED 3,675,000 · Aug 2017August 2017 | 125,000 /yr | |
| TH05 | 2-bed | 3,996 sqft | AED 5MAED 5,000,000 · Nov 2023November 2023 | 200,000 /yr | |
| TH06 | 3-bed | 4,090 sqft | AED 4.2MAED 4,200,000 · Feb 2014February 2014 | 300,000 /yr | |
| TH07 | 3-bed | 4,098 sqft | AED 4.2MAED 4,200,000 · Feb 2014February 2014 | 253,000 /yr | |
| TH08 | 3-bed | 4,045 sqft | AED 4.2MAED 4,200,000 · Feb 2014February 2014 | 208,781 /yr |
LG02, Marina Residences 6 in numbers
- Sold twice: first on 29 October 2017 for AED 2,879,500, last on 14 June 2023 for AED 5,500,000 (AED 1,153 per sqft).
- Rented since April 2016 on 3 Ejari contracts, from AED 250,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 2.7%, before a service charge of about AED 39,700 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 14 June 2023.
Questions about LG02, Marina Residences 6
What did unit LG02 last sell for?
AED 5,500,000 on 14 June 2023: AED 1,153 per sqft for 2,380 sqft. The unit has 2 registered sales; the first was AED 2,879,500 in October 2017.
What is the rent for unit LG02?
AED 150,000 a year on the contract renewed on 10 September 2021. The previous contract, from September 2017, was AED 150,000; the unit has been rented since April 2016.
How big is unit LG02?
2,380 sqft (221.1 sqm): a three-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. 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 LG02, Marina Residences 6
Starts from the last sale price (AED 5.5M, 14 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,500,000
- Deposit, UAE resident (20%)
- AED 1,100,000
- Deposit, non-resident (40%)
- AED 2,200,000
- Monthly over 25 years at 3.7%
- AED 22,502
Plus AED 236,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →