2-bed · 1,746 sqftMarina Residences 2, Palm Jumeirah · 13th floor · completed 2009

1304, Marina Residences 2

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 3.05M22 June 2023
Current rentAED 133K /yr7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Marina Residences 2

What is 1304 worth today?

Last sold for AED 3,050,000 in 2023

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22 Jun 2023SoldReady
AED 3,050,000AED 1,747 per sqft
7 Dec 2022RentedRenewal
AED 133,343/yr9 months · AED 76 per sqft
7 Dec 2021RentedRenewal
AED 126,500/yr12 months · AED 73 per sqft
7 Dec 2020RentedNew contract
AED 115,000/yr12 months · AED 66 per sqft
7 Dec 2019RentedRenewal
AED 125,000/yr12 months · AED 72 per sqft
7 Dec 2018RentedRenewal
AED 140,000/yr12 months · AED 80 per sqft
7 Dec 2017RentedNew contract
AED 150,000/yr12 months · AED 86 per sqft
1 Sep 2017RentedNew contract
AED 150,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
13th of 14
Parking
2-LG202
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 3.05M · June 2023

About 1304, Marina Residences 2

1304 is a two-bedroom apartment of 1,746 sqft on the 13th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 22 June 2023 for AED 3,050,000, or AED 1,747 per sqft, 29% above the AED 1,351 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 7 December 2022, is AED 133,343 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 29,100 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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, May 2012: AED 1,700,000 (AED 973 per sqft)Sold by developer, May 2012: AED 3,185,000 (AED 1,824 per sqft)Sold, June 2023: AED 3,050,000 (AED 1,747 per sqft)

1304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, each contractTypical two-bed in Marina Residences 2
100K150K200K2012201620202024Typical 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, December 2012: AED 125,000 a yearNew contract, April 2015: AED 180,000 a yearNew contract, September 2017: AED 150,000 a yearNew contract, December 2017: AED 150,000 a yearRenewal, December 2018: AED 140,000 a yearRenewal, December 2019: AED 125,000 a yearNew contract, December 2020: AED 115,000 a yearRenewal, December 2021: AED 126,500 a yearRenewal, December 2022: AED 133,343 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 1304 sits

All 106 2-beds →

1304 last sold in June 2023 at AED 1,747 per sqft, 29% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,351). 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. 1304's AED 133,343 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 13th floor

All 158 units in Marina Residences 2
Value
13012-bedAED 2.4M · Oct 2012
13022-bedAED 3.1M · Nov 2010
13032-bedAED 3.95M · Mar 2025
13053-bedAED 3.4M · Nov 2021
13063-bedAED 4.85M · Oct 2021
13073-bedAED 3.05M · Aug 2021
13082-bedAED 3.8M · Sep 2024
1–7 of 10

1304, Marina Residences 2 in numbers

  • Sold 3 times: first on 3 May 2012 for AED 3,185,000, last on 22 June 2023 for AED 3,050,000 (AED 1,747 per sqft).
  • Rented since December 2012 on 9 Ejari contracts, from AED 125,000 to AED 133,343 a year.
  • At AED 133,343 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 29,100 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 22 June 2023.

Questions about 1304, Marina Residences 2

What did unit 1304 last sell for?

AED 3,050,000 on 22 June 2023: AED 1,747 per sqft for 1,746 sqft. The unit has 3 registered sales; the first was AED 3,185,000 in May 2012.

What is the rent for unit 1304?

AED 133,343 a year on the contract renewed on 7 December 2022. The previous contract, from December 2021, was AED 126,500; the unit has been rented since December 2012.

How big is unit 1304?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1304 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 1304, Marina Residences 2

Starts from the last sale price (AED 3.05M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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