1301, Marina Residences 2
Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1301, Marina Residences 2
What is 1301 worth today?
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Source: Dubai Land Department. Updated 9 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,019 sqft
- Floor
- 13th of 14
- Parking
- CB1-192
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 33,700 /yr
- Last sold
- AED 2.4M · October 2012
- Building
- Marina Residences 2
About 1301, Marina Residences 2
1301 is a two-bedroom apartment of 2,019 sqft on the 13th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 3 October 2012 for AED 2,404,800, or AED 1,191 per sqft, 10% below the AED 1,325 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 9 February 2024, is AED 126,500 a year: a gross yield of 5.3% on the 2012 price, before the service charge of about AED 33,700 a year.
Sales and rents for 1301 over time
1301 has sold once; 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 1301 sits
All 106 2-beds →1301 last sold in October 2012 at AED 1,191 per sqft, 10% below what two-beds in Marina Residences 2 were fetching at the time (AED 1,325). 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. 1301's AED 126,500 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 13th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1302 | 2-bed | 1,778 sqft | AED 3.1MAED 3,099,000 · Nov 2010November 2010 | 195,000 /yr | |
| 1303 | 2-bed | 1,778 sqft | AED 3.95MAED 3,950,000 · Mar 2025March 2025 | 448,193 /yr | |
| 1304 | 2-bed | 1,746 sqft | AED 3.05MAED 3,050,000 · Jun 2023June 2023 | 133,343 /yr | |
| 1305 | 3-bed | 2,524 sqft | AED 3.4MAED 3,400,000 · Nov 2021November 2021 | 380,000 /yr | |
| 1306 | 3-bed | 4,054 sqft | AED 4.85MAED 4,850,000 · Oct 2021October 2021 | 1,300,000 /yr | |
| 1307 | 3-bed | 2,524 sqft | AED 3.05MAED 3,050,000 · Aug 2021August 2021 | 465,000 /yr | |
| 1308 | 2-bed | 1,746 sqft | AED 3.8MAED 3,800,000 · Sep 2024September 2024 | 160,020 /yr | |
| 1309 | 2-bed | 1,778 sqft | AED 3.75MAED 3,750,000 · Nov 2024November 2024 | 220,000 /yr | |
| 1310 | 2-bed | 1,778 sqft | AED 3.1MAED 3,099,000 · Nov 2010November 2010 | 210,000 /yr | |
| 1311 | 2-bed | 2,019 sqft | AED 2.86MAED 2,863,000 · Dec 2011December 2011 | 200,000 /yr |
1301, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 3 October 2012 for AED 2,404,800, or AED 1,191 per sqft.
- Rented since February 2014 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 95,000 in 2021 and recovered to AED 126,500 by February 2024.
- At AED 126,500 a year the gross yield on the 2012 price is 5.3%, before a service charge of about AED 33,700 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 February 2024.
Questions about 1301, Marina Residences 2
What did unit 1301 last sell for?
AED 2,404,800 on 3 October 2012, sold by the developer: AED 1,191 per sqft for 2,019 sqft. It is the only registered sale of the unit.
What is the rent for unit 1301?
AED 126,500 a year on the contract renewed on 9 February 2024. The previous contract, from February 2022, was AED 107,250; the unit has been rented since February 2014.
How big is unit 1301?
2,019 sqft (187.6 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.
What is unit 1301 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 1301, Marina Residences 2
Starts from the last sale price (AED 2.4M, 3 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,404,800
- Deposit, UAE resident (20%)
- AED 480,960
- Deposit, non-resident (40%)
- AED 961,920
- Monthly over 25 years at 3.7%
- AED 9,839
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →