2-bed · 2,044 sqftMarina Residences 2, Palm Jumeirah · 2nd floor · completed 2009

202, Marina Residences 2

Sold prices and rental history: sold twice, 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 202 · DLD and Ejari recordsUpdated 7 June 2023
Last soldAED 3.1M7 June 2023
Current rentAED 134K /yr20 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Marina Residences 2

What is 202 worth today?

Last sold for AED 3,100,000 in 2023

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7 Jun 2023SoldReady
AED 3,100,000AED 1,516 per sqft
20 Apr 2022RentedRenewal
AED 133,500/yr12 months · AED 65 per sqft
20 Apr 2021RentedNew contract
AED 133,500/yr12 months · AED 65 per sqft
22 Mar 2020RentedNew contract
AED 125,000/yr12 months · AED 61 per sqft
5 Jun 2019RentedRenewal
AED 155,000/yr12 months · AED 76 per sqft
5 Jun 2018RentedRenewal
AED 165,000/yr12 months · AED 81 per sqft
5 Jun 2017RentedNew contract
AED 170,000/yr12 months · AED 83 per sqft
8 Jun 2016RentedNew contract
AED 175,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 7 June 2023.

Key facts

Type
2-bed apartment
Size
2,044 sqft
Floor
2nd of 14
Parking
2-B179
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 3.1M · June 2023

About 202, Marina Residences 2

202 is a two-bedroom apartment of 2,044 sqft on the 2nd 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 June 2023 for AED 3,100,000, or AED 1,516 per sqft, 14% above the AED 1,333 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 20 April 2022, is AED 133,500 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 34,100 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, January 2011: AED 3,048,000 (AED 1,491 per sqft)Sold, June 2023: AED 3,100,000 (AED 1,516 per sqft)

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

Rents
Unit 202, 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, May 2012: AED 130,000 a yearNew contract, May 2014: AED 143,325 a yearNew contract, June 2016: AED 175,000 a yearNew contract, June 2017: AED 170,000 a yearRenewal, June 2018: AED 165,000 a yearRenewal, June 2019: AED 155,000 a yearNew contract, March 2020: AED 125,000 a yearNew contract, April 2021: AED 133,500 a yearRenewal, April 2022: AED 133,500 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 202 sits

All 106 2-beds →

202 last sold in June 2023 at AED 1,516 per sqft, 14% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,333). 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. 202's AED 133,500 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 2nd floor

All 158 units in Marina Residences 2
Value
2012-bedAED 1.3M · Nov 2020
2032-bedAED 3.1M · Mar 2013
2042-bedAED 3.15M · Jan 2011
2053-bedAED 3.97M · Feb 2011
2063-bedAED 10.8M · Apr 2025
2073-bedAED 1.78M · Mar 2010
2082-bedAED 3.18M · Jan 2024
1–7 of 10

202, Marina Residences 2 in numbers

  • Sold twice: first on 11 January 2011 for AED 3,048,000, last on 7 June 2023 for AED 3,100,000 (AED 1,516 per sqft).
  • Rented since May 2012 on 9 Ejari contracts, from AED 130,000 to AED 133,500 a year.
  • At AED 133,500 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 34,100 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 7 June 2023.

Questions about 202, Marina Residences 2

What did unit 202 last sell for?

AED 3,100,000 on 7 June 2023: AED 1,516 per sqft for 2,044 sqft. The unit has 2 registered sales; the first was AED 3,048,000 in January 2011.

What is the rent for unit 202?

AED 133,500 a year on the contract renewed on 20 April 2022. The previous contract, from April 2021, was AED 133,500; the unit has been rented since May 2012.

How big is unit 202?

2,044 sqft (189.9 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 202 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 202, Marina Residences 2

Starts from the last sale price (AED 3.1M, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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