3-bed · 4,054 sqftMarina Residences 2, Palm Jumeirah · 12th floor · completed 2009

1206, Marina Residences 2

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 6 June 2027
Last soldAED 5.08M13 July 2017
Current rentAED 650K /yr6 June 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Marina Residences 2

What is 1206 worth today?

Last sold for AED 5,075,000 in 2017

Unlock today's estimate, updated daily, with

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

6 Jun 2027RentedRenewal
AED 650,000/yr12 months · AED 161 per sqft
6 Jun 2026RentedNew contract · flagged as an outlier
AED 65,000/yr12 months · AED 16 per sqft
16 May 2025RentedNew contract
AED 650,000/yr12 months · AED 160 per sqft
16 May 2024RentedNew contract
AED 600,000/yr12 months · AED 148 per sqft
1 Apr 2023RentedRenewal
AED 409,500/yr12 months · AED 101 per sqft
1 Apr 2022RentedNew contract
AED 390,000/yr12 months · AED 96 per sqft
1 Feb 2021RentedNew contract
AED 320,000/yr12 months · AED 79 per sqft
13 Jul 2017SoldReady
AED 5,075,000AED 1,252 per sqft

Source: Dubai Land Department. Updated 6 June 2027.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
12th of 14
Parking
CLG-163,CLG-9,LG-144
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 5.08M · July 2017

About 1206, Marina Residences 2

1206 is a three-bedroom apartment of 4,054 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 13 July 2017 for AED 5,075,000, or AED 1,252 per sqft, 21% above the AED 1,036 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 6 June 2027, is AED 650,000 a year: a gross yield of 12.8% on the 2017 price, before the service charge of about AED 67,600 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, October 2010: AED 4,830,000 (AED 1,191 per sqft)Sold, July 2017: AED 5,075,000 (AED 1,252 per sqft)

1206 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1206, each contractTypical three-bed in Marina Residences 2
250K500K2012201620202024Typical 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 2021: AED 320,000 a yearNew contract, April 2022: AED 390,000 a yearRenewal, April 2023: AED 409,500 a yearNew contract, May 2024: AED 600,000 a yearNew contract, May 2025: AED 650,000 a yearRenewal, June 2027: AED 650,000 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 1206 sits

All 49 3-beds →

1206 last sold in July 2017 at AED 1,252 per sqft, 21% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,036). 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. 1206's AED 650,000 is in the lower half 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 12th floor

All 158 units in Marina Residences 2
Value
12012-bedAED 3.6M · Mar 2025
12022-bedAED 3.6M · Aug 2024
12032-bedAED 2.22M · Aug 2018
12042-bedAED 3.14M · Jun 2013
12053-bedAED 4.55M · Jul 2014
12073-bedAED 3.53M · Aug 2013
12082-bedAED 3.12M · Nov 2010
1–7 of 10

1206, Marina Residences 2 in numbers

  • Sold twice: first on 6 October 2010 for AED 4,830,000, last on 13 July 2017 for AED 5,075,000 (AED 1,252 per sqft).
  • Rented since February 2021 on 7 Ejari contracts. The rent fell from AED 320,000 to AED 65,000 in 2026 and recovered to AED 650,000 by June 2027.
  • At AED 650,000 a year the gross yield on the 2017 price is 12.8%, before a service charge of about AED 67,600 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 6 June 2027.

Questions about 1206, Marina Residences 2

What did unit 1206 last sell for?

AED 5,075,000 on 13 July 2017: AED 1,252 per sqft for 4,054 sqft. The unit has 2 registered sales; the first was AED 4,830,000 in October 2010.

What is the rent for unit 1206?

AED 650,000 a year on the contract renewed on 6 June 2027. The previous contract, from June 2026, was AED 65,000; the unit has been rented since February 2021.

How big is unit 1206?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1206 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 1206? 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 1206, Marina Residences 2

Starts from the last sale price (AED 5.08M, 13 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 5,075,000
Deposit, UAE resident (20%)
AED 1,015,000
Deposit, non-resident (40%)
AED 2,030,000
Monthly over 25 years at 3.7%
AED 20,763

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