3-bed · 2,524 sqftMarina Residences 2, Palm Jumeirah · 10th floor · completed 2009

1005, Marina Residences 2

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 4.2M24 April 2024
Current rentAED 198K /yr10 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Marina Residences 2

What is 1005 worth today?

Last sold for AED 4,200,000 in 2024

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24 Apr 2024SoldReady
AED 4,200,000AED 1,663 per sqft
10 Jan 2024RentedRenewal
AED 198,000/yr12 months · AED 78 per sqft
10 Jan 2023RentedRenewal
AED 180,000/yr12 months · AED 71 per sqft
10 Jan 2022RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft
15 May 2021RentedRenewal
AED 147,000/yr12 months · AED 58 per sqft
15 May 2020RentedRenewal
AED 147,000/yr12 months · AED 58 per sqft
15 May 2019RentedNew contract
AED 157,000/yr12 months · AED 62 per sqft
20 Feb 2017RentedNew contract
AED 210,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
3-bed apartment
Size
2,524 sqft
Floor
10th of 14
Parking
2-LG162
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 42,100 /yr
Last sold
AED 4.2M · April 2024

About 1005, Marina Residences 2

1005 is a three-bedroom apartment of 2,524 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 24 April 2024 for AED 4,200,000, or AED 1,663 per sqft, 9% above the AED 1,531 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 10 January 2024, is AED 198,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 42,100 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical three-bed in Marina Residences 2
5M10M20102014201820222026Typical sale price by year: 2010 AED 4,620,000; 2011 AED 3,800,000; 2012 AED 3,370,700; 2013 AED 3,485,000; 2014 AED 4,000,000; 2015 AED 4,737,300; 2016 AED 1,800,000; 2018 AED 3,350,000; 2019 AED 2,950,000; 2021 AED 3,400,000; 2022 AED 4,200,000; 2023 AED 4,435,450; 2024 AED 8,126,969; 2025 AED 8,800,000Sold by developer, May 2012: AED 3,370,700 (AED 1,335 per sqft)Sold, June 2012: AED 3,370,700 (AED 1,335 per sqft)Sold, May 2015: AED 2,850,000 (AED 1,128 per sqft)Sold, April 2024: AED 4,200,000 (AED 1,663 per sqft)

1005 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1005, each contractTypical three-bed in Marina Residences 2
200K300K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 210,000; 2014 AED 220,250; 2015 AED 235,000; 2016 AED 225,375; 2017 AED 215,000; 2018 AED 195,000; 2019 AED 170,000; 2020 AED 152,500; 2021 AED 160,000; 2022 AED 170,000; 2023 AED 189,000; 2024 AED 285,000; 2025 AED 315,000; 2026 AED 327,500New contract, May 2014: AED 180,000 a yearNew contract, November 2014: AED 150,000 a yearNew contract, October 2015: AED 225,000 a yearNew contract, February 2017: AED 210,000 a yearNew contract, May 2019: AED 157,000 a yearRenewal, May 2020: AED 147,000 a yearRenewal, May 2021: AED 147,000 a yearNew contract, January 2022: AED 180,000 a yearRenewal, January 2023: AED 180,000 a yearRenewal, January 2024: AED 198,000 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 2, and where 1005 sits

All 49 3-beds →

1005 last sold in April 2024 at AED 1,663 per sqft, 9% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,531). Over the last 12 months three-beds sold for AED 6,700,000 to 12,900,000, around AED 2,911 per sqft, and rent for AED 150,000 to 1,250,000 a year. 1005's AED 198,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 202612,900,000
27 Nov 20256,700,000
14 Nov 20257,100,000
25 Apr 202510,800,000
3 3-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
10042-bedAED 2.28M · Apr 2018
10063-bedAED 8.9M · Oct 2023
10073-bedAED 3.97M · Aug 2022
10082-bedAED 4.6M · Sep 2025
1–7 of 11

1005, Marina Residences 2 in numbers

  • Sold 4 times: first on 20 May 2012 for AED 3,370,700, last on 24 April 2024 for AED 4,200,000 (AED 1,663 per sqft).
  • Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 147,000 in 2021 and recovered to AED 198,000 by January 2024.
  • At AED 198,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 42,100 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 2 sold for AED 6,700,000–12,900,000 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 24 April 2024.

Questions about 1005, Marina Residences 2

What did unit 1005 last sell for?

AED 4,200,000 on 24 April 2024: AED 1,663 per sqft for 2,524 sqft. The unit has 4 registered sales; the first was AED 3,370,700 in May 2012.

What is the rent for unit 1005?

AED 198,000 a year on the contract renewed on 10 January 2024. The previous contract, from January 2023, was AED 180,000; the unit has been rented since May 2014.

How big is unit 1005?

2,524 sqft (234.5 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1005 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 2 sold for AED 6,700,000 to 12,900,000 in the last 12 months, around AED 2,911 per sqft.

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Mortgage on 1005, Marina Residences 2

Starts from the last sale price (AED 4.2M, 24 April 2024). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →