3-bed · 2,440 sqftMarina Residences 2, Palm Jumeirah · 4th floor · completed 2009

405, Marina Residences 2

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 11 August 2021
Last soldAED 3.69M26 October 2010
Current rentAED 140K /yr11 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Marina Residences 2

What is 405 worth today?

Last sold for AED 3,686,200 in 2010

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11 Aug 2021RentedRenewal
AED 140,000/yr12 months · AED 57 per sqft
11 Aug 2020RentedRenewal
AED 140,000/yr12 months · AED 57 per sqft
11 Aug 2019RentedNew contract
AED 160,000/yr12 months · AED 65 per sqft
5 Feb 2017RentedNew contract
AED 210,000/yr12 months · AED 86 per sqft
26 Oct 2010Sold by developerReady
AED 3,686,200AED 1,510 per sqft

Source: Dubai Land Department. Updated 11 August 2021.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
4th of 14
Parking
CB1-134
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 3.69M · October 2010

About 405, Marina Residences 2

405 is a three-bedroom apartment of 2,440 sqft on the 4th 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 26 October 2010 for AED 3,686,200, or AED 1,510 per sqft, 8% above the AED 1,394 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 11 August 2021, is AED 140,000 a year: a gross yield of 3.8% on the 2010 price, before the service charge of about AED 40,700 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical three-bed in Marina Residences 2
5M10M20102014201820222026Typical sale price by year: 2010 AED 4,620,000; 2011 AED 3,800,000; 2012 AED 3,370,700; 2013 AED 3,485,000; 2014 AED 4,000,000; 2015 AED 4,737,300; 2016 AED 1,800,000; 2018 AED 3,350,000; 2019 AED 2,950,000; 2021 AED 3,400,000; 2022 AED 4,200,000; 2023 AED 4,435,450; 2024 AED 8,126,969; 2025 AED 8,800,000Sold by developer, October 2010: AED 3,686,200 (AED 1,510 per sqft)

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

Rents
Unit 405, each contractTypical three-bed in Marina Residences 2
200K300K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 210,000; 2014 AED 220,250; 2015 AED 235,000; 2016 AED 225,375; 2017 AED 215,000; 2018 AED 195,000; 2019 AED 170,000; 2020 AED 152,500; 2021 AED 160,000; 2022 AED 170,000; 2023 AED 189,000; 2024 AED 285,000; 2025 AED 315,000; 2026 AED 327,500New contract, February 2017: AED 210,000 a yearNew contract, August 2019: AED 160,000 a yearRenewal, August 2020: AED 140,000 a yearRenewal, August 2021: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Residences 2, and where 405 sits

All 49 3-beds →

405 last sold in October 2010 at AED 1,510 per sqft, 8% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,394). Over the last 12 months three-beds sold for AED 6,700,000 to 12,900,000, around AED 2,911 per sqft, and rent for AED 150,000 to 1,250,000 a year. 405's AED 140,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 202612,900,000
27 Nov 20256,700,000
14 Nov 20257,100,000
25 Apr 202510,800,000
3 3-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 4th floor

All 158 units in Marina Residences 2
Value
4012-bedAED 2.59M · Jan 2014
4022-bedAED 2.81M · Dec 2010
4032-bedAED 2.86M · Dec 2010
4042-bedAED 3.1M · Jan 2023
4063-bedAED 10.5M · Feb 2025
4073-bedAED 3.69M · Mar 2010
4082-bedAED 2.9M · Mar 2010
1–7 of 10

405, Marina Residences 2 in numbers

  • Sold once: by The Palm - Jumeirah Co on 26 October 2010 for AED 3,686,200, or AED 1,510 per sqft.
  • Rented since February 2017 on 4 Ejari contracts, from AED 210,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2010 price is 3.8%, before a service charge of about AED 40,700 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 2 sold for AED 6,700,000–12,900,000 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 11 August 2021.

Questions about 405, Marina Residences 2

What did unit 405 last sell for?

AED 3,686,200 on 26 October 2010, sold by the developer: AED 1,510 per sqft for 2,440 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 140,000 a year on the contract renewed on 11 August 2021. The previous contract, from August 2020, was AED 140,000; the unit has been rented since February 2017.

How big is unit 405?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 2 sold for AED 6,700,000 to 12,900,000 in the last 12 months, around AED 2,911 per sqft.

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Mortgage on 405, Marina Residences 2

Starts from the last sale price (AED 3.69M, 26 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,686,200
Deposit, UAE resident (20%)
AED 737,240
Deposit, non-resident (40%)
AED 1,474,480
Monthly over 25 years at 3.7%
AED 15,081

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