502, Marina Residences 2
Sold prices and rental history: sold 3 times, last in May 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Marina Residences 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 7 May 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 5th of 14
- Parking
- CB1-172
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2M · May 2018
- Building
- Marina Residences 2
About 502, Marina Residences 2
502 is a two-bedroom apartment of 1,735 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 7 May 2018 for AED 2,000,000, or AED 1,152 per sqft, in line with the AED 1,162 two-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 5 June 2017, is AED 165,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 28,900 a year.
Sales and rents for 502 over time
502 has sold 3 times; 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 502 sits
All 106 2-beds →502 last sold in May 2018 at AED 1,152 per sqft, in line with what two-beds in Marina Residences 2 were fetching at the time (AED 1,162). 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. 502's AED 165,000 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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,870 sqft | AED 2.49MAED 2,485,000 · Dec 2022December 2022 | 110,000 /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 |
502, Marina Residences 2 in numbers
- Sold 3 times: first on 4 November 2010 for AED 2,627,200, last on 7 May 2018 for AED 2,000,000 (AED 1,152 per sqft).
- Rented since June 2015 on 3 Ejari contracts, at AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2018 price is 8.3%, before a service charge of about AED 28,900 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 7 May 2018.
Questions about 502, Marina Residences 2
What did unit 502 last sell for?
AED 2,000,000 on 7 May 2018: AED 1,152 per sqft for 1,735 sqft. The unit has 3 registered sales; the first was AED 2,627,200 in November 2010.
What is the rent for unit 502?
AED 165,000 a year on the contract renewed on 5 June 2017. The previous contract, from June 2016, was AED 165,000; the unit has been rented since June 2015.
How big is unit 502?
1,735 sqft (161.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 502 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 502, Marina Residences 2
Starts from the last sale price (AED 2M, 7 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →