2-bed · 1,746 sqftMarina Residences 2, Palm Jumeirah · 10th floor · completed 2009

1004, Marina Residences 2

Sold prices and rental history: sold 4 times, last in April 2018, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 4 April 2018
Last soldAED 2.28M4 April 2018
Current rentAED 160K /yr28 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Marina Residences 2

What is 1004 worth today?

Last sold for AED 2,275,000 in 2018

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4 Apr 2018SoldReady
AED 2,275,000AED 1,303 per sqft
8 Mar 2018SoldReady
AED 900,000AED 1,031 per sqft
28 Mar 2017RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
17 Oct 2015RentedNew contract
AED 185,000/yr12 months · AED 106 per sqft
17 Feb 2013SoldReady
AED 2,500,000AED 1,432 per sqft
13 Jan 2013Sold by developerReady
AED 2,442,000AED 1,398 per sqft
1 Nov 2012RentedNew contract
AED 100,000/yr3 months · AED 57 per sqft

Source: Dubai Land Department. Updated 4 April 2018.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
10th of 14
Parking
CLG-193
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 2.28M · April 2018

About 1004, Marina Residences 2

1004 is a two-bedroom apartment of 1,746 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 4 April 2018 for AED 2,275,000, or AED 1,303 per sqft, 11% above the AED 1,171 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 28 March 2017, is AED 160,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 29,100 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Marina Residences 2
2M4M2009201420192024Typical sale price by year: 2009 AED 2,823,700; 2010 AED 2,790,000; 2011 AED 2,594,500; 2012 AED 2,404,800; 2013 AED 2,437,000; 2014 AED 2,700,000; 2015 AED 2,605,350; 2017 AED 2,425,000; 2018 AED 2,100,000; 2019 AED 1,680,201; 2020 AED 1,610,000; 2021 AED 2,175,000; 2022 AED 2,427,500; 2023 AED 2,925,000; 2024 AED 3,650,000; 2025 AED 4,000,000Sold by developer, January 2013: AED 2,442,000 (AED 1,398 per sqft)Sold, February 2013: AED 2,500,000 (AED 1,432 per sqft)Sold, March 2018: AED 900,000 (AED 1,031 per sqft)Sold, April 2018: AED 2,275,000 (AED 1,303 per sqft)

1004 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Marina Residences 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 159,144; 2018 AED 143,000; 2019 AED 128,750; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 131,250; 2023 AED 147,422; 2024 AED 190,000; 2025 AED 200,000; 2026 AED 200,000New contract, November 2012: AED 100,000 a yearNew contract, October 2015: AED 185,000 a yearNew contract, March 2017: AED 160,000 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 2, and where 1004 sits

All 106 2-beds →

1004 last sold in April 2018 at AED 1,303 per sqft, 11% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,171). 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. 1004's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Sep 20264,600,000
7 Apr 20264,999,999
10 Dec 20254,450,000
11 Nov 20254,000,000
4 2-bed sales in the last 12 months

Marina Residences 2

Building

158 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%
Marina Residences 2, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 158 units in Marina Residences 2
Value
10012-bedAED 2.15M · Oct 2021
10022-bedAED 2.85M · Apr 2023
10032-bedAED 3.19M · Mar 2015
10053-bedAED 4.2M · Apr 2024
10063-bedAED 8.9M · Oct 2023
10073-bedAED 3.97M · Aug 2022
10082-bedAED 4.6M · Sep 2025
1–7 of 11

1004, Marina Residences 2 in numbers

  • Sold 4 times: first on 13 January 2013 for AED 2,442,000, last on 4 April 2018 for AED 2,275,000 (AED 1,303 per sqft).
  • Rented since November 2012 on 3 Ejari contracts, from AED 100,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 price is 7.0%, before a service charge of about AED 29,100 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 4 April 2018.

Questions about 1004, Marina Residences 2

What did unit 1004 last sell for?

AED 2,275,000 on 4 April 2018: AED 1,303 per sqft for 1,746 sqft. The unit has 4 registered sales; the first was AED 2,442,000 in January 2013.

What is the rent for unit 1004?

AED 160,000 a year on the contract signed on 28 March 2017. The previous contract, from October 2015, was AED 185,000; the unit has been rented since November 2012.

How big is unit 1004?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1004 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 1004, Marina Residences 2

Starts from the last sale price (AED 2.28M, 4 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

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