3-bed · 4,054 sqftMarina Residences 2, Palm Jumeirah · 7th floor · completed 2009

706, Marina Residences 2

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 5.2M4 November 2021
Current rentAED 650K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Marina Residences 2

What is 706 worth today?

Last sold for AED 5,200,000 in 2021

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1 Jun 2026RentedNew contract
AED 650,000/yr12 months · AED 160 per sqft
4 Nov 2021SoldReady
AED 5,200,000AED 1,282 per sqft
23 Jun 2021RentedRenewal
AED 189,000/yr12 months · AED 47 per sqft
22 Jun 2020RentedRenewal
AED 179,501/yr12 months · AED 44 per sqft
22 Jun 2019RentedNew contract
AED 210,000/yr12 months · AED 52 per sqft
5 Sep 2017RentedNew contract
AED 255,000/yr12 months · AED 63 per sqft
3 Mar 2017RentedRenewal
AED 280,000/yr6 months · AED 69 per sqft
3 Mar 2016RentedNew contract
AED 280,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
7th of 14
Parking
CLG-177, CLG-178
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 5.2M · November 2021

About 706, Marina Residences 2

706 is a three-bedroom apartment of 4,054 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 4 November 2021 for AED 5,200,000, or AED 1,282 per sqft, 7% above the AED 1,196 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 June 2026, is AED 650,000 a year: a gross yield of 12.5% on the 2021 price, before the service charge of about AED 67,600 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical three-bed in Marina Residences 2
5M10M20102014201820222026Typical sale price by year: 2010 AED 4,620,000; 2011 AED 3,800,000; 2012 AED 3,370,700; 2013 AED 3,485,000; 2014 AED 4,000,000; 2015 AED 4,737,300; 2016 AED 1,800,000; 2018 AED 3,350,000; 2019 AED 2,950,000; 2021 AED 3,400,000; 2022 AED 4,200,000; 2023 AED 4,435,450; 2024 AED 8,126,969; 2025 AED 8,800,000Sold by developer, March 2011: AED 6,504,400 (AED 1,604 per sqft)Sold, November 2021: AED 5,200,000 (AED 1,282 per sqft)

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

Rents
Unit 706, each contractTypical three-bed in Marina Residences 2
250K500K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 210,000; 2014 AED 220,250; 2015 AED 235,000; 2016 AED 225,375; 2017 AED 215,000; 2018 AED 195,000; 2019 AED 170,000; 2020 AED 152,500; 2021 AED 160,000; 2022 AED 170,000; 2023 AED 189,000; 2024 AED 285,000; 2025 AED 315,000; 2026 AED 327,500New contract, January 2013: AED 280,000 a yearNew contract, January 2015: AED 305,000 a yearNew contract, March 2016: AED 280,000 a yearRenewal, March 2017: AED 280,000 a yearNew contract, September 2017: AED 255,000 a yearNew contract, June 2019: AED 210,000 a yearRenewal, June 2020: AED 179,501 a yearRenewal, June 2021: AED 189,000 a yearNew contract, June 2026: AED 650,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Residences 2, and where 706 sits

All 49 3-beds →

706 last sold in November 2021 at AED 1,282 per sqft, 7% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,196). Over the last 12 months three-beds sold for AED 6,700,000 to 12,900,000, around AED 2,911 per sqft, and rent for AED 150,000 to 1,250,000 a year. 706's AED 650,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 202612,900,000
27 Nov 20256,700,000
14 Nov 20257,100,000
25 Apr 202510,800,000
3 3-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
7042-bedAED 2.5M · Jan 2018
7053-bedAED 4.2M · Aug 2022
7073-bedAED 4.82M · Mar 2010
7082-bedAED 3.3M · Aug 2024
1–7 of 10

706, Marina Residences 2 in numbers

  • Sold twice: first on 3 March 2011 for AED 6,504,400, last on 4 November 2021 for AED 5,200,000 (AED 1,282 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 280,000 to AED 179,501 in 2020 and recovered to AED 650,000 by June 2026.
  • At AED 650,000 a year the gross yield on the 2021 price is 12.5%, before a service charge of about AED 67,600 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 2 sold for AED 6,700,000–12,900,000 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 1 June 2026.

Questions about 706, Marina Residences 2

What did unit 706 last sell for?

AED 5,200,000 on 4 November 2021: AED 1,282 per sqft for 4,054 sqft. The unit has 2 registered sales; the first was AED 6,504,400 in March 2011.

What is the rent for unit 706?

AED 650,000 a year on the contract signed on 1 June 2026. The previous contract, from June 2021, was AED 189,000; the unit has been rented since January 2013.

How big is unit 706?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 2 sold for AED 6,700,000 to 12,900,000 in the last 12 months, around AED 2,911 per sqft.

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Mortgage on 706, Marina Residences 2

Starts from the last sale price (AED 5.2M, 4 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

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