501, Marina Residences 2
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Marina Residences 2
What is 501 worth today?
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Source: Dubai Land Department. Updated 22 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 5th of 14
- Parking
- CB1-197
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.49M · December 2022
- Building
- Marina Residences 2
About 501, Marina Residences 2
501 is a two-bedroom apartment of 1,870 sqft on the 5th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 22 December 2022 for AED 2,485,000, or AED 1,328 per sqft, 6% above the AED 1,247 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 14 July 2022, is AED 110,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 31,200 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 106 2-beds →501 last sold in December 2022 at AED 1,328 per sqft, 6% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,247). 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. 501's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 2,046 sqft | 4,600,000 | 2,248 | ||
| 7 Apr 20267 April 2026 | 1,778 sqft | 4,999,999 | 2,812 | ||
| 10 Dec 202510 December 2025 | 1,735 sqft | 4,450,000 | 2,564 | ||
| 11 Nov 202511 November 2025 | 2,042 sqft | 4,000,000 | 1,959 |
Marina Residences 2
Building158 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%
Other units on the 5th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,735 sqft | AED 2MAED 2,000,000 · May 2018May 2018 | 165,000 /yr | |
| 503 | 2-bed | 1,735 sqft | AED 2.4MAED 2,400,000 · Jun 2021June 2021 | 150,000 /yr | |
| 504 | 2-bed | 1,746 sqft | AED 2.2MAED 2,200,000 · Nov 2012November 2012 | 200,000 /yr | |
| 505 | 3-bed | 2,439 sqft | AED 3.4MAED 3,400,000 · Sep 2010September 2010 | 330,000 /yr | |
| 506 | 3-bed | 4,053 sqft | AED 3.7MAED 3,700,000 · Oct 2011October 2011 | 1,250,000 /yr | |
| 507 | 3-bed | 2,439 sqft | AED 6.7MAED 6,700,000 · Nov 2025November 2025 | 140,000 /yr | |
| 508 | 2-bed | 1,746 sqft | AED 3.67MAED 3,672,000 · May 2011May 2011 | 220,000 /yr | |
| 509 | 2-bed | 1,735 sqft | AED 4.18MAED 4,180,000 · May 2025May 2025 | 152,060 /yr | |
| 510 | 2-bed | 1,735 sqft | AED 3.73MAED 3,725,000 · Mar 2025March 2025 | 139,910 /yr | |
| 511 | 2-bed | 1,870 sqft | AED 1.85MAED 1,850,000 · Feb 2013February 2013 | 189,000 /yr |
501, Marina Residences 2 in numbers
- Sold twice: first on 31 July 2011 for AED 1,297,400, last on 22 December 2022 for AED 2,485,000 (AED 1,328 per sqft).
- Rented since October 2015 on 10 Ejari contracts, from AED 155,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 31,200 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 22 December 2022.
Questions about 501, Marina Residences 2
What did unit 501 last sell for?
AED 2,485,000 on 22 December 2022: AED 1,328 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 1,297,400 in July 2011.
What is the rent for unit 501?
AED 110,000 a year on the contract renewed on 14 July 2022. The previous contract, from April 2022, was AED 110,000; the unit has been rented since October 2015.
How big is unit 501?
1,870 sqft (173.7 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 501 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 501, Marina Residences 2
Starts from the last sale price (AED 2.49M, 22 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,485,000
- Deposit, UAE resident (20%)
- AED 497,000
- Deposit, non-resident (40%)
- AED 994,000
- Monthly over 25 years at 3.7%
- AED 10,167
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →