3-bed · 4,053 sqftMarina Residences 2, Palm Jumeirah · 4th floor · completed 2009

406, Marina Residences 2

Sold prices and rental history: sold 6 times, last in February 2025, and rented once, from July 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 10.5M10 February 2025
Current rentAED 255K /yr1 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Marina Residences 2

What is 406 worth today?

Last sold for AED 10,500,000 in 2025

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10 Feb 2025SoldReady
AED 10,500,000AED 2,590 per sqft
12 Oct 2022SoldReady
AED 7,000,000AED 1,726 per sqft
19 Sep 2019SoldReady
AED 3,475,000AED 857 per sqft
1 Jul 2018RentedNew contract
AED 255,000/yr12 months · AED 63 per sqft
10 Jun 2014SoldReady
AED 7,100,000AED 1,751 per sqft
8 Mar 2011SoldReady
AED 3,750,000AED 925 per sqft
16 Sep 2010Sold by developerReady
AED 6,412,600AED 1,581 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
3-bed apartment
Size
4,053 sqft
Floor
4th of 14
Parking
2-LG180, 2-LG183
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 10.5M · February 2025

About 406, Marina Residences 2

406 is a three-bedroom apartment of 4,053 sqft on the 4th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 10 February 2025 for AED 10,500,000, or AED 2,590 per sqft, 18% above the AED 2,198 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2018. The current contract, signed on 1 July 2018, is AED 255,000 a year: a gross yield of 2.4% on the 2025 price, before the service charge of about AED 67,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, September 2010: AED 6,412,600 (AED 1,581 per sqft)Sold, March 2011: AED 3,750,000 (AED 925 per sqft)Sold, June 2014: AED 7,100,000 (AED 1,751 per sqft)Sold, September 2019: AED 3,475,000 (AED 857 per sqft)Sold, October 2022: AED 7,000,000 (AED 1,726 per sqft)Sold, February 2025: AED 10,500,000 (AED 2,590 per sqft)

406 has sold 6 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 406, 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, July 2018: AED 255,000 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 406 sits

All 49 3-beds →

406 last sold in February 2025 at AED 2,590 per sqft, 18% above what three-beds in Marina Residences 2 were fetching at the time (AED 2,198). 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. 406's AED 255,000 is in the lower half 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
4053-bedAED 3.69M · Oct 2010
4073-bedAED 3.69M · Mar 2010
4082-bedAED 2.9M · Mar 2010
1–7 of 10

406, Marina Residences 2 in numbers

  • Sold 6 times: first on 16 September 2010 for AED 6,412,600, last on 10 February 2025 for AED 10,500,000 (AED 2,590 per sqft).
  • Rented since July 2018 on one Ejari contract, at AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2025 price is 2.4%, before a service charge of about AED 67,600 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 10 February 2025.

Questions about 406, Marina Residences 2

What did unit 406 last sell for?

AED 10,500,000 on 10 February 2025: AED 2,590 per sqft for 4,053 sqft. The unit has 6 registered sales; the first was AED 6,412,600 in September 2010.

What is the rent for unit 406?

AED 255,000 a year on the contract signed on 1 July 2018.

How big is unit 406?

4,053 sqft (376.5 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 406 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 406, Marina Residences 2

Starts from the last sale price (AED 10.5M, 10 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 10,500,000
Deposit, UAE resident (20%)
AED 2,100,000
Deposit, non-resident (40%)
AED 4,200,000
Monthly over 25 years at 3.7%
AED 42,959

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