2-bed · 2,044 sqftMarina Residences 1, Palm Jumeirah · 2nd floor · completed 2009

202, Marina Residences 1

Sold prices and rental history: sold 3 times, last in August 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 2.25M29 August 2013
Current rentAED 185K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Marina Residences 1

What is 202 worth today?

Last sold for AED 2,250,000 in 2013

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1 Mar 2025RentedRenewal
AED 185,000/yr12 months · AED 90 per sqft
1 Mar 2024RentedRenewal
AED 165,000/yr12 months · AED 81 per sqft
1 Mar 2023RentedRenewal
AED 165,000/yr12 months · AED 81 per sqft
1 Mar 2022RentedNew contract
AED 150,000/yr12 months · AED 73 per sqft
1 Aug 2020RentedRenewal
AED 85,000/yr48 months · AED 42 per sqft
1 Aug 2018RentedRenewal
AED 135,000/yr24 months · AED 66 per sqft
1 Aug 2017RentedRenewal · flagged as an outlier
AED 10,000/yr12 months · AED 5 per sqft
31 Jul 2016RentedNew contract · flagged as an outlier
AED 9,973/yr12 months · AED 5 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
2,044 sqft
Floor
2nd of 14
Parking
CB1+38
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 2.25M · August 2013

About 202, Marina Residences 1

202 is a two-bedroom apartment of 2,044 sqft on the 2nd floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 29 August 2013 for AED 2,250,000, or AED 1,100 per sqft, 15% below the AED 1,293 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 185,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 34,100 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Marina Residences 1
2M3M4M2010201520202025Typical sale price by year: 2010 AED 2,840,500; 2011 AED 2,825,550; 2012 AED 2,501,850; 2013 AED 2,500,000; 2014 AED 2,645,650; 2015 AED 2,670,000; 2016 AED 2,200,000; 2017 AED 2,407,000; 2018 AED 1,833,149; 2019 AED 1,725,000; 2020 AED 1,700,000; 2021 AED 2,025,000; 2022 AED 2,500,000; 2023 AED 2,700,000; 2024 AED 3,575,000; 2025 AED 3,750,000; 2026 AED 3,850,000Sold by developer, February 2012: AED 2,430,800 (AED 1,189 per sqft)Sold, March 2012: AED 1,750,000 (AED 856 per sqft)Sold, August 2013: AED 2,250,000 (AED 1,100 per sqft)

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

Rents
Unit 202, each contractTypical two-bed in Marina Residences 1
100K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 140,000; 2014 AED 165,223; 2015 AED 165,000; 2016 AED 160,500; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 106,000; 2021 AED 110,000; 2022 AED 140,000; 2023 AED 163,730; 2024 AED 199,000; 2025 AED 200,000; 2026 AED 192,938New contract, November 2013: AED 150,404 a yearNew contract, December 2015: AED 155,000 a yearRenewal, August 2018: AED 135,000 a yearRenewal, August 2020: AED 85,000 a yearNew contract, March 2022: AED 150,000 a yearRenewal, March 2023: AED 165,000 a yearRenewal, March 2024: AED 165,000 a yearRenewal, March 2025: AED 185,000 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 1, and where 202 sits

All 108 2-beds →

202 last sold in August 2013 at AED 1,100 per sqft, 15% below what two-beds in Marina Residences 1 were fetching at the time (AED 1,293). Over the last 12 months two-beds sold for AED 3,200,000 to 4,200,000, around AED 2,119 per sqft, and rent for AED 100,000 to 310,000 a year. 202's AED 185,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20263,800,000
24 Jun 20263,900,000
22 Jun 20264,200,000
29 Apr 20263,600,000
8 2-bed sales in the last 12 months

Marina Residences 1

Building

162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 9 sold in the last 12 months.

Typical price per sqft
AED 2,176
Typical sale
AED 3.85M
Typical rent
AED 210K /yr
Typical yield
5.1%
Marina Residences 1, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 162 units in Marina Residences 1
Value
2012-bedAED 1.85M · Apr 2018
2032-bedAED 2.6M · Oct 2015
2042-bedAED 2.72M · Nov 2010
2053-bedAED 1.71M · Mar 2010
2063-bedAED 5.77M · Nov 2010
2073-bedAED 3.36M · Feb 2022
2082-bedAED 2.55M · Apr 2013
1–7 of 10

202, Marina Residences 1 in numbers

  • Sold 3 times: first on 14 February 2012 for AED 2,430,800, last on 29 August 2013 for AED 2,250,000 (AED 1,100 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 150,404 to AED 9,973 in 2016 and recovered to AED 185,000 by March 2025.
  • At AED 185,000 a year the gross yield on the 2013 price is 8.2%, before a service charge of about AED 34,100 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 1 sold for AED 3,200,000–4,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,176 per sqft.

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 202, Marina Residences 1

What did unit 202 last sell for?

AED 2,250,000 on 29 August 2013: AED 1,100 per sqft for 2,044 sqft. The unit has 3 registered sales; the first was AED 2,430,800 in February 2012.

What is the rent for unit 202?

AED 185,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 165,000; the unit has been rented since November 2013.

How big is unit 202?

2,044 sqft (189.9 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 202 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 1 sold for AED 3,200,000 to 4,200,000 in the last 12 months, around AED 2,119 per sqft.

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Mortgage on 202, Marina Residences 1

Starts from the last sale price (AED 2.25M, 29 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →