2-bed · 2,046 sqftMarina Residences 2, Palm Jumeirah · 1st floor · completed 2009

110, Marina Residences 2

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 110 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 3.55M9 September 2024
Current rentAED 170K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, Marina Residences 2

What is 110 worth today?

Last sold for AED 3,550,000 in 2024

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9 Sep 2024SoldReady
AED 3,550,000AED 1,735 per sqft
15 Sep 2022RentedNew contract
AED 170,000/yr12 months · AED 83 per sqft
7 Aug 2021RentedRenewal
AED 120,000/yr12 months · AED 59 per sqft
7 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 54 per sqft
1 Sep 2018RentedRenewal
AED 145,000/yr12 months · AED 71 per sqft
1 Sep 2017RentedRenewal
AED 170,000/yr12 months · AED 83 per sqft
1 Sep 2016RentedNew contract
AED 170,000/yr12 months · AED 83 per sqft
15 May 2015RentedNew contract
AED 170,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
2-bed apartment
Size
2,046 sqft
Floor
1st of 14
Parking
2-B180
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 3.55M · September 2024

About 110, Marina Residences 2

110 is a two-bedroom apartment of 2,046 sqft on the 1st floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 9 September 2024 for AED 3,550,000, or AED 1,735 per sqft, 8% below the AED 1,892 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 15 September 2022, is AED 170,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 34,100 a year.

Sales and rents for 110 over time

Sales
Unit 110, 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, May 2013: AED 2,662,200 (AED 1,301 per sqft)Sold, September 2024: AED 3,550,000 (AED 1,735 per sqft)

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

Rents
Unit 110, 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, August 2012: AED 130,000 a yearNew contract, May 2014: AED 170,000 a yearNew contract, May 2015: AED 170,000 a yearNew contract, September 2016: AED 170,000 a yearRenewal, September 2017: AED 170,000 a yearRenewal, September 2018: AED 145,000 a yearNew contract, August 2020: AED 110,000 a yearRenewal, August 2021: AED 120,000 a yearNew contract, September 2022: AED 170,000 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 110 sits

All 106 2-beds →

110 last sold in September 2024 at AED 1,735 per sqft, 8% below what two-beds in Marina Residences 2 were fetching at the time (AED 1,892). 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. 110's AED 170,000 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 1st floor

All 158 units in Marina Residences 2
Value
1012-bedAED 2.45M · Jul 2023
1022-bedAED 2.65M · Dec 2022
1032-bedAED 1.61M · Sep 2020
1042-bedAED 1.85M · Apr 2021
1053-bedAED 3.49M · Nov 2010
1063-bedAED 3.1M · Jul 2019
1073-bedAED 3.49M · Nov 2010
1–7 of 10

110, Marina Residences 2 in numbers

  • Sold twice: first on 22 May 2013 for AED 2,662,200, last on 9 September 2024 for AED 3,550,000 (AED 1,735 per sqft).
  • Rented since August 2012 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 110,000 in 2020 and recovered to AED 170,000 by September 2022.
  • At AED 170,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 34,100 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 9 September 2024.

Questions about 110, Marina Residences 2

What did unit 110 last sell for?

AED 3,550,000 on 9 September 2024: AED 1,735 per sqft for 2,046 sqft. The unit has 2 registered sales; the first was AED 2,662,200 in May 2013.

What is the rent for unit 110?

AED 170,000 a year on the contract signed on 15 September 2022. The previous contract, from August 2021, was AED 120,000; the unit has been rented since August 2012.

How big is unit 110?

2,046 sqft (190.1 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 110 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 110, Marina Residences 2

Starts from the last sale price (AED 3.55M, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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