1202, Marina Residences 2
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Marina Residences 2
What is 1202 worth today?
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Source: Dubai Land Department. Updated 6 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 12th of 14
- Parking
- 2-LG189
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 3.6M · August 2024
- Building
- Marina Residences 2
About 1202, Marina Residences 2
1202 is a two-bedroom apartment of 1,778 sqft on the 12th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 6 August 2024 for AED 3,600,000, or AED 2,024 per sqft, 7% above the AED 1,894 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 29 October 2023, is AED 138,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1202 over time
1202 has sold twice; 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 1202 sits
All 106 2-beds →1202 last sold in August 2024 at AED 2,024 per sqft, 7% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,894). 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. 1202's AED 138,000 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 12th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 2,019 sqft | AED 3.6MAED 3,600,000 · Mar 2025March 2025 | 200,000 /yr | |
| 1203 | 2-bed | 1,778 sqft | AED 2.22MAED 2,224,000 · Aug 2018August 2018 | 170,000 /yr | |
| 1204 | 2-bed | 1,746 sqft | AED 3.14MAED 3,141,000 · Jun 2013June 2013 | 105,000 /yr | |
| 1205 | 3-bed | 2,524 sqft | AED 4.55MAED 4,550,000 · Jul 2014July 2014 | 295,000 /yr | |
| 1206 | 3-bed | 4,054 sqft | AED 5.08MAED 5,075,000 · Jul 2017July 2017 | 650,000 /yr | |
| 1207 | 3-bed | 2,524 sqft | AED 3.53MAED 3,530,000 · Aug 2013August 2013 | 435,000 /yr | |
| 1208 | 2-bed | 1,746 sqft | AED 3.12MAED 3,120,000 · Nov 2010November 2010 | 164,197 /yr | |
| 1209 | 2-bed | 1,778 sqft | AED 2.75MAED 2,750,000 · Mar 2023March 2023 | 110,000 /yr | |
| 1210 | 2-bed | 1,778 sqft | AED 3.8MAED 3,800,000 · Oct 2024October 2024 | 250,000 /yr | |
| 1211 | 2-bed | 2,019 sqft | AED 2.1MAED 2,100,000 · Apr 2022April 2022 | 240,000 /yr |
1202, Marina Residences 2 in numbers
- Sold twice: first on 30 July 2015 for AED 2,520,900, last on 6 August 2024 for AED 3,600,000 (AED 2,024 per sqft).
- Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 143,500 to AED 110,000 in 2020 and recovered to AED 138,000 by October 2023.
- At AED 138,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 29,600 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 6 August 2024.
Questions about 1202, Marina Residences 2
What did unit 1202 last sell for?
AED 3,600,000 on 6 August 2024: AED 2,024 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 2,520,900 in July 2015.
What is the rent for unit 1202?
AED 138,000 a year on the contract renewed on 29 October 2023. The previous contract, from October 2022, was AED 138,000; the unit has been rented since July 2013.
How big is unit 1202?
1,778 sqft (165.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.
What is unit 1202 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 1202, Marina Residences 2
Starts from the last sale price (AED 3.6M, 6 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →