701, Marina Residences 2
Sold prices and rental history: sold once, by the developer in June 2015, 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 701, Marina Residences 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 25 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 7th of 14
- Parking
- CLG-164
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.3M · June 2015
- Building
- Marina Residences 2
About 701, Marina Residences 2
701 is a two-bedroom apartment of 1,870 sqft on the 7th 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 30 June 2015 for AED 2,301,700, or AED 1,230 per sqft, 13% below the AED 1,411 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 25 October 2025, is AED 167,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 31,200 a year.
Sales and rents for 701 over time
701 has sold once; 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 701 sits
All 106 2-beds →701 last sold in June 2015 at AED 1,230 per sqft, 13% below what two-beds in Marina Residences 2 were fetching at the time (AED 1,411). 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. 701's AED 167,000 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 7th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,735 sqft | AED 3.4MAED 3,400,000 · Jun 2024June 2024 | 132,835 /yr | |
| 703 | 2-bed | 1,735 sqft | AED 2.77MAED 2,770,000 · Jun 2011June 2011 | 185,000 /yr | |
| 704 | 2-bed | 1,746 sqft | AED 2.5MAED 2,500,000 · Jan 2018January 2018 | 166,100 /yr | |
| 705 | 3-bed | 2,439 sqft | AED 4.2MAED 4,200,000 · Aug 2022August 2022 | ||
| 706 | 3-bed | 4,054 sqft | AED 5.2MAED 5,200,000 · Nov 2021November 2021 | 650,000 /yr | |
| 707 | 3-bed | 2,439 sqft | AED 4.82MAED 4,815,300 · Mar 2010March 2010 | ||
| 708 | 2-bed | 1,746 sqft | AED 3.3MAED 3,300,000 · Aug 2024August 2024 | 245,000 /yr | |
| 709 | 2-bed | 1,735 sqft | AED 4MAED 4,000,000 · Jun 2025June 2025 | 153,000 /yr | |
| 710 | 2-bed | 1,735 sqft | AED 2.8MAED 2,800,000 · Nov 2015November 2015 | 218,500 /yr | |
| 711 | 2-bed | 1,870 sqft | AED 2.3MAED 2,301,700 · Apr 2015April 2015 | 169,000 /yr |
701, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 30 June 2015 for AED 2,301,700, or AED 1,230 per sqft.
- Rented since August 2015 on 11 Ejari contracts. The rent fell from AED 150,000 to AED 105,000 in 2021 and recovered to AED 167,000 by October 2025.
- At AED 167,000 a year the gross yield on the 2015 price is 7.3%, 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 25 October 2025.
Questions about 701, Marina Residences 2
What did unit 701 last sell for?
AED 2,301,700 on 30 June 2015, sold by the developer: AED 1,230 per sqft for 1,870 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 167,000 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 152,000; the unit has been rented since August 2015.
How big is unit 701?
1,870 sqft (173.7 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 701 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 701, Marina Residences 2
Starts from the last sale price (AED 2.3M, 30 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,301,700
- Deposit, UAE resident (20%)
- AED 460,340
- Deposit, non-resident (40%)
- AED 920,680
- Monthly over 25 years at 3.7%
- AED 9,417
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →