3-bed · 2,524 sqftMarina Residences 2, Palm Jumeirah · 11th floor · completed 2009

1107, Marina Residences 2

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 11 March 2022
Last soldAED 3.3M11 March 2022
Current rentAED 150K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1107, Marina Residences 2

What is 1107 worth today?

Last sold for AED 3,300,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Mar 2022SoldReady
AED 3,300,000AED 1,307 per sqft
15 Feb 2021RentedNew contract
AED 150,000/yr12 months · AED 59 per sqft
10 Jul 2019RentedRenewal
AED 180,000/yr12 months · AED 71 per sqft
10 Jul 2018RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft
7 Feb 2017RentedRenewal
AED 200,000/yr12 months · AED 79 per sqft
7 Feb 2016RentedRenewal
AED 200,000/yr12 months · AED 79 per sqft
7 Feb 2015RentedNew contract
AED 200,000/yr12 months · AED 79 per sqft
7 Feb 2013RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 11 March 2022.

Key facts

Type
3-bed apartment
Size
2,524 sqft
Floor
11th of 14
Parking
CB1-19,LG-27
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 42,100 /yr
Last sold
AED 3.3M · March 2022

About 1107, Marina Residences 2

1107 is a three-bedroom apartment of 2,524 sqft on the 11th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 11 March 2022 for AED 3,300,000, or AED 1,307 per sqft, 4% above the AED 1,260 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 February 2021, is AED 150,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 42,100 a year.

Sales and rents for 1107 over time

Sales
Unit 1107, 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, April 2012: AED 3,386,600 (AED 1,341 per sqft)Sold, March 2022: AED 3,300,000 (AED 1,307 per sqft)

1107 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1107, 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, February 2013: AED 180,000 a yearNew contract, February 2015: AED 200,000 a yearRenewal, February 2016: AED 200,000 a yearRenewal, February 2017: AED 200,000 a yearNew contract, July 2018: AED 180,000 a yearRenewal, July 2019: AED 180,000 a yearNew contract, February 2021: AED 150,000 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 1107 sits

All 49 3-beds →

1107 last sold in March 2022 at AED 1,307 per sqft, 4% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,260). 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. 1107's AED 150,000 is at the bottom 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 11th floor

All 158 units in Marina Residences 2
Value
11012-bedAED 2.37M · Oct 2022
11022-bedAED 5M · Apr 2026
11032-bedAED 2.58M · Jul 2015
11042-bedAED 3.3M · Jul 2024
11053-bedAED 3.7M · Oct 2022
11063-bedAED 7.2M · Jan 2023
11082-bedAED 1.95M · Jan 2012
1–7 of 10

1107, Marina Residences 2 in numbers

  • Sold twice: first on 23 April 2012 for AED 3,386,600, last on 11 March 2022 for AED 3,300,000 (AED 1,307 per sqft).
  • Rented since February 2013 on 7 Ejari contracts, from AED 180,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 4.5%, 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 11 March 2022.

Questions about 1107, Marina Residences 2

What did unit 1107 last sell for?

AED 3,300,000 on 11 March 2022: AED 1,307 per sqft for 2,524 sqft. The unit has 2 registered sales; the first was AED 3,386,600 in April 2012.

What is the rent for unit 1107?

AED 150,000 a year on the contract signed on 15 February 2021. The previous contract, from July 2019, was AED 180,000; the unit has been rented since February 2013.

How big is unit 1107?

2,524 sqft (234.5 sqm): a three-bedroom apartment on the 11th floor of a 14-storey tower completed in 2009.

What is unit 1107 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.

Selling 1107? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1107, Marina Residences 2

Starts from the last sale price (AED 3.3M, 11 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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