2-bed · 1,778 sqftMarina Residences 2, Palm Jumeirah · 12th floor · completed 2009

1203, Marina Residences 2

Sold prices and rental history: sold twice, last in August 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 2.22M26 August 2018
Current rentAED 170K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Marina Residences 2

What is 1203 worth today?

Last sold for AED 2,224,000 in 2018

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15 Jul 2026RentedNew contract
AED 170,000/yr12 months · AED 96 per sqft
7 Apr 2025RentedNew contract
AED 220,000/yr12 months · AED 124 per sqft
1 Nov 2023RentedNew contract
AED 210,000/yr12 months · AED 118 per sqft
1 May 2022RentedRenewal
AED 133,422/yr10 months · AED 75 per sqft
1 May 2021RentedNew contract
AED 127,000/yr12 months · AED 72 per sqft
1 Oct 2018RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
26 Aug 2018SoldReady
AED 2,224,000AED 1,250 per sqft
14 Sep 2015Sold by developerReady
AED 2,544,800AED 1,431 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
12th of 14
Parking
CLG-188
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 2.22M · August 2018

About 1203, Marina Residences 2

1203 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 26 August 2018 for AED 2,224,000, or AED 1,250 per sqft, 10% above the AED 1,139 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 July 2026, is AED 170,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, September 2015: AED 2,544,800 (AED 1,431 per sqft)Sold, August 2018: AED 2,224,000 (AED 1,250 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Marina Residences 2
100K200K2012201620202024Typical 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, November 2014: AED 92,593 a yearNew contract, October 2018: AED 145,000 a yearNew contract, May 2021: AED 127,000 a yearRenewal, May 2022: AED 133,422 a yearNew contract, November 2023: AED 210,000 a yearNew contract, April 2025: AED 220,000 a yearNew contract, July 2026: 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 1203 sits

All 106 2-beds →

1203 last sold in August 2018 at AED 1,250 per sqft, 10% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,139). 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. 1203'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 12th floor

All 158 units in Marina Residences 2
Value
12012-bedAED 3.6M · Mar 2025
12022-bedAED 3.6M · Aug 2024
12042-bedAED 3.14M · Jun 2013
12053-bedAED 4.55M · Jul 2014
12063-bedAED 5.08M · Jul 2017
12073-bedAED 3.53M · Aug 2013
12082-bedAED 3.12M · Nov 2010
1–7 of 10

1203, Marina Residences 2 in numbers

  • Sold twice: first on 14 September 2015 for AED 2,544,800, last on 26 August 2018 for AED 2,224,000 (AED 1,250 per sqft).
  • Rented since November 2014 on 7 Ejari contracts, from AED 92,593 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2018 price is 7.6%, 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 15 July 2026.

Questions about 1203, Marina Residences 2

What did unit 1203 last sell for?

AED 2,224,000 on 26 August 2018: AED 1,250 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 2,544,800 in September 2015.

What is the rent for unit 1203?

AED 170,000 a year on the contract signed on 15 July 2026. The previous contract, from April 2025, was AED 220,000; the unit has been rented since November 2014.

How big is unit 1203?

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 1203 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 1203, Marina Residences 2

Starts from the last sale price (AED 2.22M, 26 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,224,000
Deposit, UAE resident (20%)
AED 444,800
Deposit, non-resident (40%)
AED 889,600
Monthly over 25 years at 3.7%
AED 9,099

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