702, Marina Residences 2
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Marina Residences 2
What is 702 worth today?
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Source: Dubai Land Department. Updated 5 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 7th of 14
- Parking
- 2-B141
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 3.4M · June 2024
- Building
- Marina Residences 2
About 702, Marina Residences 2
702 is a two-bedroom apartment of 1,735 sqft on the 7th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 5 June 2024 for AED 3,400,000, or AED 1,959 per sqft, 12% above the AED 1,747 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 132,835 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 28,900 a year.
Sales and rents for 702 over time
702 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 702 sits
All 106 2-beds →702 last sold in June 2024 at AED 1,959 per sqft, 12% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,747). 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. 702's AED 132,835 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,870 sqft | AED 2.3MAED 2,301,700 · Jun 2015June 2015 | 167,000 /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 |
702, Marina Residences 2 in numbers
- Sold 3 times: first on 7 September 2011 for AED 2,448,300, last on 5 June 2024 for AED 3,400,000 (AED 1,959 per sqft).
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 141,750 to AED 115,000 in 2021 and recovered to AED 132,835 by June 2023.
- At AED 132,835 a year the gross yield on the 2024 price is 3.9%, 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 5 June 2024.
Questions about 702, Marina Residences 2
What did unit 702 last sell for?
AED 3,400,000 on 5 June 2024: AED 1,959 per sqft for 1,735 sqft. The unit has 3 registered sales; the first was AED 2,448,300 in September 2011.
What is the rent for unit 702?
AED 132,835 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 126,500; the unit has been rented since August 2013.
How big is unit 702?
1,735 sqft (161.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 702 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 702, Marina Residences 2
Starts from the last sale price (AED 3.4M, 5 June 2024). 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 →