2-bed · 2,042 sqftMarina Residences 1, Palm Jumeirah · 2nd floor · completed 2009

209, Marina Residences 1

Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 25 February 2025
Last soldAED 5M25 February 2025
Current rentAED 120K /yr29 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Marina Residences 1

What is 209 worth today?

Last sold for AED 5,000,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Feb 2025SoldReady
AED 5,000,000AED 2,448 per sqft
23 Feb 2023SoldReady
AED 3,400,000AED 1,665 per sqft
29 Oct 2020RentedNew contract
AED 120,000/yr12 months · AED 59 per sqft
19 May 2020RentedRenewal
AED 135,000/yr6 months · AED 66 per sqft
19 May 2019RentedRenewal
AED 150,000/yr12 months · AED 73 per sqft
19 May 2018RentedNew contract
AED 150,000/yr12 months · AED 73 per sqft
9 Mar 2015SoldReady
AED 2,800,000AED 1,371 per sqft
30 Apr 2013RentedNew contract
AED 150,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 25 February 2025.

Key facts

Type
2-bed apartment
Size
2,042 sqft
Floor
2nd of 14
Parking
1-B30
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,000 /yr
Last sold
AED 5M · February 2025

About 209, Marina Residences 1

209 is a two-bedroom apartment of 2,042 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 25 February 2025 for AED 5,000,000, or AED 2,448 per sqft, 33% above the AED 1,834 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 29 October 2020, is AED 120,000 a year: a gross yield of 2.4% on the 2025 price, before the service charge of about AED 34,000 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical two-bed in Marina Residences 1
2M4M2010201520202025Typical 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, March 2010: AED 2,675,000 (AED 1,310 per sqft)Sold, March 2015: AED 2,800,000 (AED 1,371 per sqft)Sold, February 2023: AED 3,400,000 (AED 1,665 per sqft)Sold, February 2025: AED 5,000,000 (AED 2,448 per sqft)

209 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 209, each contractTypical two-bed in Marina Residences 1
100K150K200K2012201620202024Typical 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, April 2013: AED 150,000 a yearNew contract, May 2018: AED 150,000 a yearRenewal, May 2019: AED 150,000 a yearRenewal, May 2020: AED 135,000 a yearNew contract, October 2020: AED 120,000 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 209 sits

All 108 2-beds →

209 last sold in February 2025 at AED 2,448 per sqft, 33% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,834). 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. 209's AED 120,000 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
2022-bedAED 2.25M · Aug 2013
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
1–7 of 10

209, Marina Residences 1 in numbers

  • Sold 4 times: first on 8 March 2010 for AED 2,675,000, last on 25 February 2025 for AED 5,000,000 (AED 2,448 per sqft).
  • Rented since April 2013 on 5 Ejari contracts, from AED 150,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 2.4%, before a service charge of about AED 34,000 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 25 February 2025.

Questions about 209, Marina Residences 1

What did unit 209 last sell for?

AED 5,000,000 on 25 February 2025: AED 2,448 per sqft for 2,042 sqft. The unit has 4 registered sales; the first was AED 2,675,000 in March 2010.

What is the rent for unit 209?

AED 120,000 a year on the contract signed on 29 October 2020. The previous contract, from May 2020, was AED 135,000; the unit has been rented since April 2013.

How big is unit 209?

2,042 sqft (189.7 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 209 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.

Selling 209? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 209, Marina Residences 1

Starts from the last sale price (AED 5M, 25 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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