2-bed · 1,858 sqftMarina Residences 2, Palm Jumeirah · 3rd floor · completed 2009

308, Marina Residences 2

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 29 August 2026
Last soldAED 1.43M11 December 2012
Current rentAED 230K /yr29 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Marina Residences 2

What is 308 worth today?

Last sold for AED 1,432,150 in 2012

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29 Aug 2026RentedRenewal
AED 230,000/yr12 months · AED 124 per sqft
29 Aug 2025RentedNew contract
AED 230,000/yr12 months · AED 124 per sqft
29 Aug 2024RentedNew contract
AED 235,000/yr12 months · AED 126 per sqft
13 Feb 2023RentedRenewal
AED 140,000/yr12 months · AED 75 per sqft
13 Feb 2022RentedRenewal
AED 131,250/yr12 months · AED 70 per sqft
13 Feb 2021RentedRenewal
AED 125,000/yr12 months · AED 67 per sqft
13 Feb 2020RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft
1 Feb 2019RentedNew contract
AED 140,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 29 August 2026.

Key facts

Type
2-bed apartment
Size
1,858 sqft
Floor
3rd of 14
Parking
CB1-157
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 1.43M · December 2012

About 308, Marina Residences 2

308 is a two-bedroom apartment of 1,858 sqft on the 3rd 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 11 December 2012 for AED 1,432,150, or AED 770 per sqft, 39% below the AED 1,260 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 29 August 2026, is AED 230,000 a year: a gross yield of 16.1% on the 2012 price, before the service charge of about AED 31,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, December 2012: AED 1,432,150 (AED 770 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Marina Residences 2
100K200K2012201620202024Typical 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, April 2014: AED 189,474 a yearRenewal, April 2015: AED 190,000 a yearNew contract, November 2015: AED 185,000 a yearNew contract, November 2016: AED 170,000 a yearNew contract, February 2019: AED 140,000 a yearNew contract, February 2020: AED 125,000 a yearRenewal, February 2021: AED 125,000 a yearRenewal, February 2022: AED 131,250 a yearRenewal, February 2023: AED 140,000 a yearNew contract, August 2024: AED 235,000 a yearNew contract, August 2025: AED 230,000 a yearRenewal, August 2026: AED 230,000 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 308 sits

All 106 2-beds →

308 last sold in December 2012 at AED 770 per sqft, 39% below what two-beds in Marina Residences 2 were fetching at the time (AED 1,260). 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. 308's AED 230,000 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 3rd floor

All 158 units in Marina Residences 2
Value
3012-bedAED 2.02M · Apr 2013
3022-bedAED 2.88M · Feb 2013
3032-bedAED 650K · Sep 2011
3042-bedAED 2.86M · Feb 2010
3053-bedAED 2.65M · Jan 2021
3063-bedAED 2.8M · Jul 2019
3073-bedAED 3.26M · May 2012
1–7 of 10

308, Marina Residences 2 in numbers

  • Sold once: by The Palm - Jumeirah Co on 11 December 2012 for AED 1,432,150, or AED 770 per sqft.
  • Rented since April 2014 on 12 Ejari contracts. The rent fell from AED 189,474 to AED 125,000 in 2021 and recovered to AED 230,000 by August 2026.
  • At AED 230,000 a year the gross yield on the 2012 price is 16.1%, before a service charge of about AED 31,000 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 29 August 2026.

Questions about 308, Marina Residences 2

What did unit 308 last sell for?

AED 1,432,150 on 11 December 2012, sold by the developer: AED 770 per sqft for 1,858 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 230,000 a year on the contract renewed on 29 August 2026. The previous contract, from August 2025, was AED 230,000; the unit has been rented since April 2014.

How big is unit 308?

1,858 sqft (172.6 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 308 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 308, Marina Residences 2

Starts from the last sale price (AED 1.43M, 11 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,432,150
Deposit, UAE resident (20%)
AED 286,430
Deposit, non-resident (40%)
AED 572,860
Monthly over 25 years at 3.7%
AED 5,859

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