2-bed · 1,735 sqftMarina Residences 2, Palm Jumeirah · 8th floor · completed 2009

802, Marina Residences 2

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 28 April 2022
Last soldAED 2.53M28 April 2022
Current rentAED 125K /yr2 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Marina Residences 2

What is 802 worth today?

Last sold for AED 2,525,000 in 2022

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28 Apr 2022SoldReady
AED 2,525,000AED 1,455 per sqft
2 Jan 2020RentedRenewal
AED 125,000/yr12 months · AED 72 per sqft
2 Jan 2019RentedRenewal
AED 150,000/yr12 months · AED 87 per sqft
2 Jan 2018RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft
29 Oct 2016RentedRenewal
AED 175,000/yr12 months · AED 101 per sqft
29 Oct 2015RentedNew contract
AED 175,000/yr12 months · AED 101 per sqft
4 Sep 2013RentedNew contract
AED 135,000/yr12 months · AED 78 per sqft
5 Sep 2012RentedNew contract
AED 135,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 28 April 2022.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
8th of 14
Parking
CLG-22
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.53M · April 2022

About 802, Marina Residences 2

802 is a two-bedroom apartment of 1,735 sqft on the 8th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 28 April 2022 for AED 2,525,000, or AED 1,455 per sqft, 27% above the AED 1,149 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 2 January 2020, is AED 125,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 28,900 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, April 2012: AED 2,460,200 (AED 1,417 per sqft)Sold, April 2022: AED 2,525,000 (AED 1,455 per sqft)

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

Rents
Unit 802, 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, September 2012: AED 135,000 a yearNew contract, September 2013: AED 135,000 a yearNew contract, October 2015: AED 175,000 a yearRenewal, October 2016: AED 175,000 a yearNew contract, January 2018: AED 150,000 a yearRenewal, January 2019: AED 150,000 a yearRenewal, January 2020: AED 125,000 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 802 sits

All 106 2-beds →

802 last sold in April 2022 at AED 1,455 per sqft, 27% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,149). 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. 802's AED 125,000 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 8th floor

All 158 units in Marina Residences 2
Value
8012-bedAED 2.63M · Feb 2011
8032-bedAED 2.79M · Mar 2010
8042-bedAED 3.5M · Apr 2025
8053-bedAED 1.67M · Nov 2023
8063-bedAED 5.82M · Mar 2016
8073-bedAED 3.08M · Sep 2021
8082-bedAED 2.74M · Dec 2010
1–7 of 10

802, Marina Residences 2 in numbers

  • Sold twice: first on 30 April 2012 for AED 2,460,200, last on 28 April 2022 for AED 2,525,000 (AED 1,455 per sqft).
  • Rented since September 2012 on 7 Ejari contracts, from AED 135,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 5.0%, 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 28 April 2022.

Questions about 802, Marina Residences 2

What did unit 802 last sell for?

AED 2,525,000 on 28 April 2022: AED 1,455 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 2,460,200 in April 2012.

What is the rent for unit 802?

AED 125,000 a year on the contract renewed on 2 January 2020. The previous contract, from January 2019, was AED 150,000; the unit has been rented since September 2012.

How big is unit 802?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2009.

What is unit 802 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 802, Marina Residences 2

Starts from the last sale price (AED 2.53M, 28 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,000
Deposit, UAE resident (20%)
AED 505,000
Deposit, non-resident (40%)
AED 1,010,000
Monthly over 25 years at 3.7%
AED 10,331

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