2-bed · 1,735 sqftMarina Residences 2, Palm Jumeirah · 7th floor · completed 2009

703, Marina Residences 2

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 2.77M6 June 2011
Current rentAED 185K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Marina Residences 2

What is 703 worth today?

Last sold for AED 2,770,000 in 2011

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10 Aug 2026RentedNew contract
AED 185,000/yr12 months · AED 107 per sqft
15 Mar 2021RentedRenewal
AED 112,000/yr12 months · AED 65 per sqft
15 Jan 2020RentedRenewal
AED 140,000/yr14 months · AED 81 per sqft
15 Jan 2019RentedNew contract
AED 140,000/yr12 months · AED 81 per sqft
6 Jun 2011Sold by developerReady
AED 2,770,000AED 1,596 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
7th of 14
Parking
CB1-143
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.77M · June 2011

About 703, Marina Residences 2

703 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. The developer sold it on 6 June 2011 for AED 2,770,000, or AED 1,596 per sqft, 7% above the AED 1,491 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 August 2026, is AED 185,000 a year: a gross yield of 6.7% on the 2011 price, before the service charge of about AED 28,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, June 2011: AED 2,770,000 (AED 1,596 per sqft)

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

Rents
Unit 703, 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, January 2019: AED 140,000 a yearRenewal, January 2020: AED 140,000 a yearRenewal, March 2021: AED 112,000 a yearNew contract, August 2026: AED 185,000 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 703 sits

All 106 2-beds →

703 last sold in June 2011 at AED 1,596 per sqft, 7% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,491). 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. 703's AED 185,000 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 7th floor

All 158 units in Marina Residences 2
Value
7012-bedAED 2.3M · Jun 2015
7022-bedAED 3.4M · Jun 2024
7042-bedAED 2.5M · Jan 2018
7053-bedAED 4.2M · Aug 2022
7063-bedAED 5.2M · Nov 2021
7073-bedAED 4.82M · Mar 2010
7082-bedAED 3.3M · Aug 2024
1–7 of 10

703, Marina Residences 2 in numbers

  • Sold once: by The Palm - Jumeirah Co on 6 June 2011 for AED 2,770,000, or AED 1,596 per sqft.
  • Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 112,000 in 2021 and recovered to AED 185,000 by August 2026.
  • At AED 185,000 a year the gross yield on the 2011 price is 6.7%, 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 10 August 2026.

Questions about 703, Marina Residences 2

What did unit 703 last sell for?

AED 2,770,000 on 6 June 2011, sold by the developer: AED 1,596 per sqft for 1,735 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 185,000 a year on the contract signed on 10 August 2026. The previous contract, from March 2021, was AED 112,000; the unit has been rented since January 2019.

How big is unit 703?

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 703 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 703, Marina Residences 2

Starts from the last sale price (AED 2.77M, 6 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,770,000
Deposit, UAE resident (20%)
AED 554,000
Deposit, non-resident (40%)
AED 1,108,000
Monthly over 25 years at 3.7%
AED 11,333

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