2-bed · 1,735 sqftMarina Residences 2, Palm Jumeirah · 5th floor · completed 2009

509, Marina Residences 2

Sold prices and rental history: sold 4 times, last in May 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 23 May 2025
Last soldAED 4.18M23 May 2025
Current rentAED 152K /yr24 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Marina Residences 2

What is 509 worth today?

Last sold for AED 4,180,000 in 2025

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23 May 2025SoldReady
AED 4,180,000AED 2,409 per sqft
24 Jun 2024RentedNew contract
AED 152,060/yr6 months · AED 88 per sqft
12 Dec 2023SoldReady
AED 3,000,000AED 1,729 per sqft
24 Jun 2023RentedRenewal
AED 127,000/yr12 months · AED 73 per sqft
24 Jun 2022RentedNew contract
AED 117,600/yr12 months · AED 68 per sqft
14 Apr 2022SoldReady
AED 967,622AED 1,115 per sqft
24 Jun 2021RentedNew contract
AED 112,000/yr12 months · AED 65 per sqft
1 Aug 2020RentedRenewal
AED 112,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 23 May 2025.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
5th of 14
Parking
2-B164
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 4.18M · May 2025

About 509, Marina Residences 2

509 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 23 May 2025 for AED 4,180,000, or AED 2,409 per sqft, 22% above the AED 1,974 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 24 June 2024, is AED 152,060 a year: a gross yield of 3.6% on the 2025 price, before the service charge of about AED 28,900 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Marina Residences 2
2M4M2009201420192024Typical sale price by year: 2009 AED 2,823,700; 2010 AED 2,790,000; 2011 AED 2,594,500; 2012 AED 2,404,800; 2013 AED 2,437,000; 2014 AED 2,700,000; 2015 AED 2,605,350; 2017 AED 2,425,000; 2018 AED 2,100,000; 2019 AED 1,680,201; 2020 AED 1,610,000; 2021 AED 2,175,000; 2022 AED 2,427,500; 2023 AED 2,925,000; 2024 AED 3,650,000; 2025 AED 4,000,000Sold by developer, January 2011: AED 3,777,100 (AED 2,177 per sqft)Sold, April 2022: AED 967,622 (AED 1,115 per sqft)Sold, December 2023: AED 3,000,000 (AED 1,729 per sqft)Sold, May 2025: AED 4,180,000 (AED 2,409 per sqft)

509 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, each contractTypical two-bed in Marina Residences 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 159,144; 2018 AED 143,000; 2019 AED 128,750; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 131,250; 2023 AED 147,422; 2024 AED 190,000; 2025 AED 200,000; 2026 AED 200,000New contract, July 2012: AED 115,000 a yearNew contract, July 2013: AED 120,750 a yearNew contract, July 2014: AED 120,750 a yearRenewal, July 2015: AED 120,750 a yearRenewal, July 2016: AED 125,000 a yearNew contract, August 2018: AED 127,500 a yearRenewal, August 2019: AED 127,500 a yearRenewal, August 2020: AED 112,000 a yearNew contract, June 2021: AED 112,000 a yearNew contract, June 2022: AED 117,600 a yearRenewal, June 2023: AED 127,000 a yearNew contract, June 2024: AED 152,060 a year

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 509 sits

All 106 2-beds →

509 last sold in May 2025 at AED 2,409 per sqft, 22% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,974). 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. 509's AED 152,060 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Sep 20264,600,000
7 Apr 20264,999,999
10 Dec 20254,450,000
11 Nov 20254,000,000
4 2-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
5053-bedAED 3.4M · Sep 2010
5063-bedAED 3.7M · Oct 2011
5073-bedAED 6.7M · Nov 2025
1–7 of 10

509, Marina Residences 2 in numbers

  • Sold 4 times: first on 11 January 2011 for AED 3,777,100, last on 23 May 2025 for AED 4,180,000 (AED 2,409 per sqft).
  • Rented since July 2012 on 12 Ejari contracts, from AED 115,000 to AED 152,060 a year.
  • At AED 152,060 a year the gross yield on the 2025 price is 3.6%, 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 23 May 2025.

Questions about 509, Marina Residences 2

What did unit 509 last sell for?

AED 4,180,000 on 23 May 2025: AED 2,409 per sqft for 1,735 sqft. The unit has 4 registered sales; the first was AED 3,777,100 in January 2011.

What is the rent for unit 509?

AED 152,060 a year on the contract signed on 24 June 2024. The previous contract, from June 2023, was AED 127,000; the unit has been rented since July 2012.

How big is unit 509?

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 509 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 509, Marina Residences 2

Starts from the last sale price (AED 4.18M, 23 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,180,000
Deposit, UAE resident (20%)
AED 836,000
Deposit, non-resident (40%)
AED 1,672,000
Monthly over 25 years at 3.7%
AED 17,102

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