1011, Marina Residences 2
Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1011, Marina Residences 2
What is 1011 worth today?
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Source: Dubai Land Department. Updated 28 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 10th of 14
- Parking
- CB1-203
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.59M · October 2011
- Building
- Marina Residences 2
About 1011, Marina Residences 2
1011 is a two-bedroom apartment of 1,870 sqft on the 10th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 13 October 2011 for AED 2,594,500, or AED 1,387 per sqft, in line with the AED 1,408 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 28 July 2024, is AED 190,000 a year: a gross yield of 7.3% on the 2011 price, before the service charge of about AED 31,200 a year.
Sales and rents for 1011 over time
1011 has sold once; 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 1011 sits
All 106 2-beds →1011 last sold in October 2011 at AED 1,387 per sqft, in line with what two-beds in Marina Residences 2 were fetching at the time (AED 1,408). 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. 1011's AED 190,000 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 | |
| 1002 | 2-bed | 1,778 sqft | AED 2.85MAED 2,850,000 · Apr 2023April 2023 | 130,000 /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 | |
| TH02 | 2-bed | 2,732 sqft | AED 3.2MAED 3,200,000 · Jul 2017July 2017 |
1011, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 13 October 2011 for AED 2,594,500, or AED 1,387 per sqft.
- Rented since April 2014 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 102,000 in 2021 and recovered to AED 190,000 by July 2024.
- At AED 190,000 a year the gross yield on the 2011 price is 7.3%, before a service charge of about AED 31,200 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 28 July 2024.
Questions about 1011, Marina Residences 2
What did unit 1011 last sell for?
AED 2,594,500 on 13 October 2011, sold by the developer: AED 1,387 per sqft for 1,870 sqft. It is the only registered sale of the unit.
What is the rent for unit 1011?
AED 190,000 a year on the contract renewed on 28 July 2024. The previous contract, from July 2024, was AED 190,000; the unit has been rented since April 2014.
How big is unit 1011?
1,870 sqft (173.7 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1011 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 1011, Marina Residences 2
Starts from the last sale price (AED 2.59M, 13 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,594,500
- Deposit, UAE resident (20%)
- AED 518,900
- Deposit, non-resident (40%)
- AED 1,037,800
- Monthly over 25 years at 3.7%
- AED 10,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →