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

407, Marina Residences 2

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 3.69M22 March 2010
Current rentAED 281K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Marina Residences 2

What is 407 worth today?

Last sold for AED 3,686,200 in 2010

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20 May 2026RentedRenewal
AED 281,138/yr12 months · AED 115 per sqft
20 May 2025RentedRenewal
AED 267,750/yr12 months · AED 110 per sqft
20 May 2025RentedRenewal
AED 267,750/yr12 months · AED 110 per sqft
20 May 2024RentedRenewal
AED 267,750/yr12 months · AED 110 per sqft
20 May 2023RentedNew contract
AED 255,000/yr12 months · AED 105 per sqft
5 Nov 2022RentedNew contract
AED 240,000/yr12 months · AED 98 per sqft
1 Feb 2019RentedRenewal
AED 185,000/yr12 months · AED 76 per sqft
1 Feb 2018RentedNew contract
AED 210,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
4th of 14
Parking
CB1-133
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 3.69M · March 2010

About 407, Marina Residences 2

407 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 22 March 2010 for AED 3,686,200, or AED 1,510 per sqft, in line with the AED 1,554 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 281,138 a year: a gross yield of 7.6% on the 2010 price, before the service charge of about AED 40,700 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, March 2010: AED 3,686,200 (AED 1,510 per sqft)

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

Rents
Unit 407, 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 2013: AED 210,000 a yearNew contract, February 2014: AED 220,500 a yearRenewal, February 2016: AED 231,525 a yearNew contract, February 2017: AED 231,525 a yearNew contract, February 2018: AED 210,000 a yearRenewal, February 2019: AED 185,000 a yearNew contract, November 2022: AED 240,000 a yearNew contract, May 2023: AED 255,000 a yearRenewal, May 2024: AED 267,750 a yearRenewal, May 2025: AED 267,750 a yearRenewal, May 2025: AED 267,750 a yearRenewal, May 2026: AED 281,138 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 407 sits

All 49 3-beds →

407 last sold in March 2010 at AED 1,510 per sqft, in line with what three-beds in Marina Residences 2 were fetching at the time (AED 1,554). 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. 407's AED 281,138 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
4063-bedAED 10.5M · Feb 2025
4082-bedAED 2.9M · Mar 2010
1–7 of 10

407, Marina Residences 2 in numbers

  • Sold once: by The Palm - Jumeirah Co on 22 March 2010 for AED 3,686,200, or AED 1,510 per sqft.
  • Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 210,000 to AED 185,000 in 2019 and recovered to AED 281,138 by May 2026.
  • At AED 281,138 a year the gross yield on the 2010 price is 7.6%, 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 20 May 2026.

Questions about 407, Marina Residences 2

What did unit 407 last sell for?

AED 3,686,200 on 22 March 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 407?

AED 281,138 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 267,750; the unit has been rented since February 2013.

How big is unit 407?

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 407 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 407, Marina Residences 2

Starts from the last sale price (AED 3.69M, 22 March 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 →