3-bed · 2,439 sqftMarina Residences 2, Palm Jumeirah · 5th floor · completed 2009

505, Marina Residences 2

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

Unit 505 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 3.4M19 September 2010
Current rentAED 330K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Marina Residences 2

What is 505 worth today?

Last sold for AED 3,400,000 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2026RentedRenewal
AED 330,000/yr12 months · AED 136 per sqft
1 May 2025RentedRenewal
AED 320,000/yr12 months · AED 132 per sqft
1 May 2025RentedRenewal
AED 320,000/yr12 months · AED 132 per sqft
1 May 2024RentedRenewal
AED 320,000/yr12 months · AED 132 per sqft
1 May 2023RentedNew contract
AED 290,000/yr12 months · AED 119 per sqft
1 May 2022RentedRenewal
AED 185,000/yr12 months · AED 76 per sqft
1 May 2021RentedNew contract
AED 165,000/yr12 months · AED 68 per sqft
15 Jun 2020RentedNew contract
AED 145,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
5th of 14
Parking
CG-64 & CB1-132
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 3.4M · September 2010

About 505, Marina Residences 2

505 is a three-bedroom apartment of 2,439 sqft on the 5th 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 19 September 2010 for AED 3,400,000, or AED 1,394 per sqft, 4% below the AED 1,452 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 330,000 a year: a gross yield of 9.7% on the 2010 price, before the service charge of about AED 40,700 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 3,400,000 (AED 1,394 per sqft)

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

Rents
Unit 505, 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, September 2013: AED 220,286 a yearNew contract, April 2014: AED 240,000 a yearNew contract, November 2016: AED 210,000 a yearNew contract, November 2017: AED 200,000 a yearRenewal, November 2018: AED 190,000 a yearRenewal, November 2019: AED 175,000 a yearNew contract, June 2020: AED 145,000 a yearNew contract, May 2021: AED 165,000 a yearRenewal, May 2022: AED 185,000 a yearNew contract, May 2023: AED 290,000 a yearRenewal, May 2024: AED 320,000 a yearRenewal, May 2025: AED 320,000 a yearRenewal, May 2025: AED 320,000 a yearRenewal, May 2026: AED 330,000 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 505 sits

All 49 3-beds →

505 last sold in September 2010 at AED 1,394 per sqft, 4% below what three-beds in Marina Residences 2 were fetching at the time (AED 1,452). 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. 505's AED 330,000 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 5th floor

All 158 units in Marina Residences 2
Value
5012-bedAED 2.49M · Dec 2022
5022-bedAED 2M · May 2018
5032-bedAED 2.4M · Jun 2021
5042-bedAED 2.2M · Nov 2012
5063-bedAED 3.7M · Oct 2011
5073-bedAED 6.7M · Nov 2025
5082-bedAED 3.67M · May 2011
1–7 of 10

505, Marina Residences 2 in numbers

  • Sold once: by The Palm - Jumeirah Co on 19 September 2010 for AED 3,400,000, or AED 1,394 per sqft.
  • Rented since September 2013 on 14 Ejari contracts. The rent fell from AED 220,286 to AED 145,000 in 2020 and recovered to AED 330,000 by May 2026.
  • At AED 330,000 a year the gross yield on the 2010 price is 9.7%, 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 1 May 2026.

Questions about 505, Marina Residences 2

What did unit 505 last sell for?

AED 3,400,000 on 19 September 2010, sold by the developer: AED 1,394 per sqft for 2,439 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 330,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 320,000; the unit has been rented since September 2013.

How big is unit 505?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, Marina Residences 2

Starts from the last sale price (AED 3.4M, 19 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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