1002, Marina Residences 2
Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Marina Residences 2
What is 1002 worth today?
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Source: Dubai Land Department. Updated 26 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 10th of 14
- Parking
- 2-LG23
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 2.85M · April 2023
- Building
- Marina Residences 2
About 1002, Marina Residences 2
1002 is a two-bedroom apartment of 1,778 sqft on the 10th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 26 April 2023 for AED 2,850,000, or AED 1,602 per sqft, 20% above the AED 1,333 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 18 July 2021, is AED 130,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2, and where 1002 sits
All 106 2-beds →1002 last sold in April 2023 at AED 1,602 per sqft, 20% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,333). Over the last 12 months two-beds sold for AED 4,000,000 to 4,999,999, around AED 2,406 per sqft, and rent for AED 105,000 to 448,193 a year. 1002's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 2,046 sqft | 4,600,000 | 2,248 | ||
| 7 Apr 20267 April 2026 | 1,778 sqft | 4,999,999 | 2,812 | ||
| 10 Dec 202510 December 2025 | 1,735 sqft | 4,450,000 | 2,564 | ||
| 11 Nov 202511 November 2025 | 2,042 sqft | 4,000,000 | 1,959 |
Marina Residences 2
Building158 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 8 sold in the last 12 months.
- Typical price per sqft
- AED 2,656
- Typical sale
- AED 5.85M
- Typical rent
- AED 220K /yr
- Typical yield
- 4.3%
Other units on the 10th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,870 sqft | AED 2.15MAED 2,150,000 · Oct 2021October 2021 | 190,000 /yr | |
| 1003 | 2-bed | 1,778 sqft | AED 3.19MAED 3,186,000 · Mar 2015March 2015 | 125,000 /yr | |
| 1004 | 2-bed | 1,746 sqft | AED 2.28MAED 2,275,000 · Apr 2018April 2018 | 160,000 /yr | |
| 1005 | 3-bed | 2,524 sqft | AED 4.2MAED 4,200,000 · Apr 2024April 2024 | 198,000 /yr | |
| 1006 | 3-bed | 4,054 sqft | AED 8.9MAED 8,900,000 · Oct 2023October 2023 | 1,100,000 /yr | |
| 1007 | 3-bed | 2,524 sqft | AED 3.97MAED 3,970,000 · Aug 2022August 2022 | 220,000 /yr | |
| 1008 | 2-bed | 1,746 sqft | AED 4.6MAED 4,600,000 · Sep 2025September 2025 | 145,219 /yr | |
| 1009 | 2-bed | 1,778 sqft | AED 2.75MAED 2,750,000 · Mar 2023March 2023 | 110,000 /yr | |
| 1010 | 2-bed | 1,778 sqft | AED 3.88MAED 3,875,000 · Nov 2024November 2024 | 95,000 /yr | |
| 1011 | 2-bed | 1,870 sqft | AED 2.59MAED 2,594,500 · Oct 2011October 2011 | 190,000 /yr | |
| TH02 | 2-bed | 2,732 sqft | AED 3.2MAED 3,200,000 · Jul 2017July 2017 |
1002, Marina Residences 2 in numbers
- Sold twice: first on 22 February 2012 for AED 2,497,000, last on 26 April 2023 for AED 2,850,000 (AED 1,602 per sqft).
- Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 145,000 to AED 100,000 in 2020 and recovered to AED 130,000 by July 2021.
- At AED 130,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 29,600 a year (AED 16.67 per sqft).
- Two-beds in Marina Residences 2 sold for AED 4,000,000–4,999,999 in the 12 months to November 2026; the building's median across all types is AED 2,656 per sqft.
Source: Dubai Land Department. Updated 26 April 2023.
Questions about 1002, Marina Residences 2
What did unit 1002 last sell for?
AED 2,850,000 on 26 April 2023: AED 1,602 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 2,497,000 in February 2012.
What is the rent for unit 1002?
AED 130,000 a year on the contract signed on 18 July 2021. The previous contract, from July 2020, was AED 100,000; the unit has been rented since September 2013.
How big is unit 1002?
1,778 sqft (165.2 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1002 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 2 sold for AED 4,000,000 to 4,999,999 in the last 12 months, around AED 2,406 per sqft.
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Mortgage on 1002, Marina Residences 2
Starts from the last sale price (AED 2.85M, 26 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →