4-bed · 10,254 sqftMarina Residences 2, Palm Jumeirah · 14th floor · completed 2009

1405, Marina Residences 2

Sold prices and rental history: sold 3 times, last in January 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 7 January 2015
Last soldAED 12.9M7 January 2015
Current rentAED 460K /yr10 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Marina Residences 2

What is 1405 worth today?

Last sold for AED 12,900,000 in 2015

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7 Jan 2015SoldReady
AED 12,900,000AED 1,258 per sqft
10 Jun 2014RentedRenewal
AED 460,000/yr12 months · AED 45 per sqft
10 Jun 2013RentedNew contract
AED 446,250/yr12 months · AED 44 per sqft
4 Apr 2012SoldReady
AED 8,500,000AED 828 per sqft
19 Oct 2011Sold by developerReady
AED 12,939,400AED 1,261 per sqft

Source: Dubai Land Department. Updated 7 January 2015.

Key facts

Type
4-bed apartment
Size
10,254 sqft
Floor
14th of 14
Parking
GLG-169,GG-14
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 170,900 /yr
Last sold
AED 12.9M · January 2015

About 1405, Marina Residences 2

1405 is a four-bedroom apartment of 10,254 sqft on the 14th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 7 January 2015 for AED 12,900,000, or AED 1,258 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 10 June 2014, is AED 460,000 a year: a gross yield of 3.6% on the 2015 price, before the service charge of about AED 170,900 a year.

4-beds in Marina Residences 2, and where 1405 sits

All 4 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
23 Oct 202518,000,000
23 Oct 202310,150,000
5 Dec 20117,692,000
20 Nov 201112,939,400
0 4-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 14th floor

All 158 units in Marina Residences 2
Value
14014-bedAED 7.69M · Dec 2011
14024-bedAED 18M · Oct 2025
14035-bedAED 32.31M · Dec 2025
14044-bedAED 6.6M · Aug 2010

1405, Marina Residences 2 in numbers

  • Sold 3 times: first on 19 October 2011 for AED 12,939,400, last on 7 January 2015 for AED 12,900,000 (AED 1,258 per sqft).
  • Rented since June 2013 on 2 Ejari contracts, from AED 446,250 to AED 460,000 a year.
  • At AED 460,000 a year the gross yield on the 2015 price is 3.6%, before a service charge of about AED 170,900 a year (AED 16.67 per sqft).

Source: Dubai Land Department. Updated 7 January 2015.

Questions about 1405, Marina Residences 2

What did unit 1405 last sell for?

AED 12,900,000 on 7 January 2015: AED 1,258 per sqft for 10,254 sqft. The unit has 3 registered sales; the first was AED 12,939,400 in October 2011.

What is the rent for unit 1405?

AED 460,000 a year on the contract renewed on 10 June 2014. The previous contract, from June 2013, was AED 446,250.

How big is unit 1405?

10,254 sqft (952.6 sqm): a four-bedroom apartment on the 14th floor of a 14-storey tower completed in 2009.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1405, Marina Residences 2

Starts from the last sale price (AED 12.9M, 7 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 12,900,000
Deposit, UAE resident (20%)
AED 2,580,000
Deposit, non-resident (40%)
AED 5,160,000
Monthly over 25 years at 3.7%
AED 52,778

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