506, Marina Residences 2
Sold prices and rental history: sold twice, last in October 2011, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Marina Residences 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 27 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 4,053 sqft
- Floor
- 5th of 14
- Parking
- CB1-251, CB1-252
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 3.7M · October 2011
- Building
- Marina Residences 2
About 506, Marina Residences 2
506 is a three-bedroom apartment of 4,053 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 10 October 2011 for AED 3,700,000, or AED 912 per sqft, 28% below the AED 1,260 three-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 27 October 2026, is AED 1,250,000 a year: a gross yield of 33.8% on the 2011 price, before the service charge of about AED 67,600 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the three-bed median of each year in the building.
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 506 sits
All 49 3-beds →506 last sold in October 2011 at AED 912 per sqft, 28% below what three-beds in Marina Residences 2 were fetching at the time (AED 1,260). 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. 506's AED 1,250,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 4,053 sqft | 12,900,000 | 3,182 | ||
| 27 Nov 202527 November 2025 | 2,439 sqft | 6,700,000 | 2,747 | ||
| 14 Nov 202514 November 2025 | 2,439 sqft | 7,100,000 | 2,911 | ||
| 25 Apr 202525 April 2025 | 4,053 sqft | 10,800,000 | 2,664 |
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 | |
| 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 | |
| 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 |
506, Marina Residences 2 in numbers
- Sold twice: first on 16 September 2010 for AED 4,620,000, last on 10 October 2011 for AED 3,700,000 (AED 912 per sqft).
- Rented since November 2014 on 3 Ejari contracts, from AED 140,000 to AED 1,250,000 a year.
- At AED 1,250,000 a year the gross yield on the 2011 price is 33.8%, 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 27 October 2026.
Questions about 506, Marina Residences 2
What did unit 506 last sell for?
AED 3,700,000 on 10 October 2011: AED 912 per sqft for 4,053 sqft. The unit has 2 registered sales; the first was AED 4,620,000 in September 2010.
What is the rent for unit 506?
AED 1,250,000 a year on the contract signed on 27 October 2026. The previous contract, from November 2015, was AED 140,000; the unit has been rented since November 2014.
How big is unit 506?
4,053 sqft (376.5 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 506 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 506, Marina Residences 2
Starts from the last sale price (AED 3.7M, 10 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →