3-bed · 4,045 sqftMarina Residences 6, Palm Jumeirah · -1th floor · completed 2009

TH08, Marina Residences 6

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH08 · DLD and Ejari recordsUpdated 10 June 2022
Last soldAED 4.2M19 February 2014
Current rentAED 209K /yr10 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH08, Marina Residences 6

What is TH08 worth today?

Last sold for AED 4,200,000 in 2014

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10 Jun 2022RentedRenewal
AED 208,781/yr9 months · AED 52 per sqft
10 Jun 2020RentedNew contract
AED 210,000/yr24 months · AED 52 per sqft
4 Mar 2017RentedNew contract
AED 215,000/yr12 months · AED 53 per sqft
15 Nov 2014RentedNew contract
AED 250,000/yr12 months · AED 62 per sqft
19 Feb 2014Sold by developerReady
AED 4,200,000AED 1,038 per sqft
11 Nov 2013RentedRenewal
AED 165,000/yr3 months · AED 41 per sqft
11 Nov 2012RentedNew contract
AED 165,000/yr12 months · AED 41 per sqft
12 Nov 2011RentedNew contract
AED 165,000/yr12 months · AED 41 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2022.

Key facts

Type
3-bed apartment
Size
4,045 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,400 /yr
Last sold
AED 4.2M · February 2014

About TH08, Marina Residences 6

TH08 is a three-bedroom apartment of 4,045 sqft on the -1th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 19 February 2014 for AED 4,200,000, or AED 1,038 per sqft, in line with the AED 1,038 three-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 7 Ejari contracts. The current contract, renewed on 10 June 2022, is AED 208,781 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 67,400 a year.

Sales and rents for TH08 over time

Sales
Unit TH08, 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, February 2014: AED 4,200,000 (AED 1,038 per sqft)

TH08 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH08, each contractTypical three-bed in Marina Residences 6
200K300K20112015201920232027Typical 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, November 2011: AED 165,000 a yearNew contract, November 2012: AED 165,000 a yearRenewal, November 2013: AED 165,000 a yearNew contract, November 2014: AED 250,000 a yearNew contract, March 2017: AED 215,000 a yearNew contract, June 2020: AED 210,000 a yearRenewal, June 2022: AED 208,781 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 TH08 sits

All 45 3-beds →

TH08 last sold in February 2014 at AED 1,038 per sqft, in line with what three-beds in Marina Residences 6 were fetching at the time (AED 1,038). 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. TH08's AED 208,781 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 -1th floor

All 162 units in Marina Residences 6
Value
LG013-bedAED 4.4M · May 2024
LG023-bedAED 5.5M · Jun 2023
LG033-bedAED 3.1M · Jul 2021
TH012-bedAED 3.35M · Feb 2018
TH023-bedAED 4M · Feb 2014
TH033-bedAED 4.2M · Jan 2014
TH043-bedAED 3.68M · Aug 2017
1–7 of 10

TH08, Marina Residences 6 in numbers

  • Sold once: by The Palm - Jumeirah Co on 19 February 2014 for AED 4,200,000, or AED 1,038 per sqft.
  • Rented since November 2011 on 7 Ejari contracts, from AED 165,000 to AED 208,781 a year.
  • At AED 208,781 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 67,400 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 10 June 2022.

Questions about TH08, Marina Residences 6

What did unit TH08 last sell for?

AED 4,200,000 on 19 February 2014, sold by the developer: AED 1,038 per sqft for 4,045 sqft. It is the only registered sale of the unit.

What is the rent for unit TH08?

AED 208,781 a year on the contract renewed on 10 June 2022. The previous contract, from June 2020, was AED 210,000; the unit has been rented since November 2011.

How big is unit TH08?

4,045 sqft (375.8 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH08 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 TH08, Marina Residences 6

Starts from the last sale price (AED 4.2M, 19 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →