2-bed · 1,746 sqftMarina Residences 2, Palm Jumeirah · 7th floor · completed 2009

704, Marina Residences 2

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 27 June 2026
Last soldAED 2.5M31 January 2018
Current rentAED 166K /yr27 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Marina Residences 2

What is 704 worth today?

Last sold for AED 2,500,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Jun 2026RentedRenewal
AED 166,100/yr12 months · AED 95 per sqft
27 Jun 2025RentedRenewal
AED 166,100/yr12 months · AED 95 per sqft
27 Jun 2024RentedRenewal
AED 151,000/yr12 months · AED 86 per sqft
27 Jun 2023RentedRenewal
AED 137,000/yr12 months · AED 78 per sqft
27 Jun 2022RentedRenewal
AED 125,000/yr12 months · AED 72 per sqft
27 Jun 2021RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
27 Jun 2020RentedNew contract
AED 112,000/yr12 months · AED 64 per sqft
23 Jun 2018RentedNew contract
AED 145,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 27 June 2026.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
7th of 14
Parking
CB1-145
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 2.5M · January 2018

About 704, Marina Residences 2

704 is a two-bedroom apartment of 1,746 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 31 January 2018 for AED 2,500,000, or AED 1,432 per sqft, 22% above the AED 1,171 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 27 June 2026, is AED 166,100 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 29,100 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, March 2010: AED 3,713,300 (AED 2,127 per sqft)Sold, January 2018: AED 2,500,000 (AED 1,432 per sqft)

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

Rents
Unit 704, 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, April 2018: AED 145,000 a yearNew contract, June 2018: AED 145,000 a yearNew contract, June 2020: AED 112,000 a yearRenewal, June 2021: AED 120,000 a yearRenewal, June 2022: AED 125,000 a yearRenewal, June 2023: AED 137,000 a yearRenewal, June 2024: AED 151,000 a yearRenewal, June 2025: AED 166,100 a yearRenewal, June 2026: AED 166,100 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 704 sits

All 106 2-beds →

704 last sold in January 2018 at AED 1,432 per sqft, 22% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,171). 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. 704's AED 166,100 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
7032-bedAED 2.77M · Jun 2011
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

704, Marina Residences 2 in numbers

  • Sold twice: first on 18 March 2010 for AED 3,713,300, last on 31 January 2018 for AED 2,500,000 (AED 1,432 per sqft).
  • Rented since April 2018 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 112,000 in 2020 and recovered to AED 166,100 by June 2026.
  • At AED 166,100 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 29,100 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 27 June 2026.

Questions about 704, Marina Residences 2

What did unit 704 last sell for?

AED 2,500,000 on 31 January 2018: AED 1,432 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 3,713,300 in March 2010.

What is the rent for unit 704?

AED 166,100 a year on the contract renewed on 27 June 2026. The previous contract, from June 2025, was AED 166,100; the unit has been rented since April 2018.

How big is unit 704?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 704 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.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, Marina Residences 2

Starts from the last sale price (AED 2.5M, 31 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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