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

1007, Marina Residences 2

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 15 January 2023
Last soldAED 3.97M25 August 2022
Current rentAED 220K /yr15 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Marina Residences 2

What is 1007 worth today?

Last sold for AED 3,970,000 in 2022

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15 Jan 2023RentedNew contract
AED 220,000/yr12 months · AED 87 per sqft
25 Aug 2022SoldReady
AED 3,970,000AED 1,572 per sqft
15 Jan 2022RentedNew contract
AED 200,000/yr12 months · AED 79 per sqft
1 Mar 2021RentedNew contract
AED 160,000/yr12 months · AED 63 per sqft
25 May 2020RentedRenewal
AED 155,000/yr12 months · AED 61 per sqft
25 May 2019RentedRenewal
AED 170,000/yr12 months · AED 67 per sqft
25 May 2018RentedRenewal
AED 185,000/yr12 months · AED 73 per sqft
25 May 2017RentedNew contract
AED 200,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 15 January 2023.

Key facts

Type
3-bed apartment
Size
2,524 sqft
Floor
10th of 14
Parking
CB1-15
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 42,100 /yr
Last sold
AED 3.97M · August 2022

About 1007, Marina Residences 2

1007 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 25 August 2022 for AED 3,970,000, or AED 1,572 per sqft, 23% above the AED 1,282 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 January 2023, is AED 220,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 42,100 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, 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, September 2010: AED 3,895,000 (AED 1,542 per sqft)Sold, August 2022: AED 3,970,000 (AED 1,572 per sqft)

1007 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1007, 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, April 2015: AED 275,000 a yearRenewal, April 2016: AED 275,000 a yearNew contract, May 2017: AED 200,000 a yearRenewal, May 2018: AED 185,000 a yearRenewal, May 2019: AED 170,000 a yearRenewal, May 2020: AED 155,000 a yearNew contract, March 2021: AED 160,000 a yearNew contract, January 2022: AED 200,000 a yearNew contract, January 2023: AED 220,000 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 1007 sits

All 49 3-beds →

1007 last sold in August 2022 at AED 1,572 per sqft, 23% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,282). 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. 1007's AED 220,000 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
10053-bedAED 4.2M · Apr 2024
10063-bedAED 8.9M · Oct 2023
10082-bedAED 4.6M · Sep 2025
1–7 of 11

1007, Marina Residences 2 in numbers

  • Sold twice: first on 27 September 2010 for AED 3,895,000, last on 25 August 2022 for AED 3,970,000 (AED 1,572 per sqft).
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 275,000 to AED 155,000 in 2020 and recovered to AED 220,000 by January 2023.
  • At AED 220,000 a year the gross yield on the 2022 price is 5.5%, 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 15 January 2023.

Questions about 1007, Marina Residences 2

What did unit 1007 last sell for?

AED 3,970,000 on 25 August 2022: AED 1,572 per sqft for 2,524 sqft. The unit has 2 registered sales; the first was AED 3,895,000 in September 2010.

What is the rent for unit 1007?

AED 220,000 a year on the contract signed on 15 January 2023. The previous contract, from January 2022, was AED 200,000; the unit has been rented since April 2015.

How big is unit 1007?

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 1007 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 1007, Marina Residences 2

Starts from the last sale price (AED 3.97M, 25 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,970,000
Deposit, UAE resident (20%)
AED 794,000
Deposit, non-resident (40%)
AED 1,588,000
Monthly over 25 years at 3.7%
AED 16,243

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