3-bed · 4,054 sqftMarina Residences 2, Palm Jumeirah · 8th floor · completed 2009

806, Marina Residences 2

Sold prices and rental history: sold twice, last in March 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 24 March 2016
Last soldAED 5.82M24 March 2016
Current rentAED 294K /yr1 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Marina Residences 2

What is 806 worth today?

Last sold for AED 5,822,420 in 2016

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24 Mar 2016SoldReady
AED 5,822,420AED 1,436 per sqft
1 Apr 2015RentedNew contract
AED 294,000/yr12 months · AED 72 per sqft
1 Apr 2013RentedNew contract
AED 280,000/yr12 months · AED 69 per sqft
29 Mar 2010Sold by developerReady
AED 4,710,000AED 1,161 per sqft

Source: Dubai Land Department. Updated 24 March 2016.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
8th of 14
Parking
CB1-245, CB1-246
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 5.82M · March 2016

About 806, Marina Residences 2

806 is a three-bedroom apartment of 4,054 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 24 March 2016 for AED 5,822,420, or AED 1,436 per sqft, 11% above the AED 1,289 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 April 2015, is AED 294,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 67,600 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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 2010: AED 4,710,000 (AED 1,161 per sqft)Sold, March 2016: AED 5,822,420 (AED 1,436 per sqft)

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

Rents
Unit 806, each contractTypical three-bed in Marina Residences 2
200K300K2012201620202024Typical 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, April 2013: AED 280,000 a yearNew contract, April 2015: AED 294,000 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 806 sits

All 49 3-beds →

806 last sold in March 2016 at AED 1,436 per sqft, 11% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,289). 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. 806's AED 294,000 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 8th floor

All 158 units in Marina Residences 2
Value
8012-bedAED 2.63M · Feb 2011
8022-bedAED 2.53M · Apr 2022
8032-bedAED 2.79M · Mar 2010
8042-bedAED 3.5M · Apr 2025
8053-bedAED 1.67M · Nov 2023
8073-bedAED 3.08M · Sep 2021
8082-bedAED 2.74M · Dec 2010
1–7 of 10

806, Marina Residences 2 in numbers

  • Sold twice: first on 29 March 2010 for AED 4,710,000, last on 24 March 2016 for AED 5,822,420 (AED 1,436 per sqft).
  • Rented since April 2013 on 2 Ejari contracts, from AED 280,000 to AED 294,000 a year.
  • At AED 294,000 a year the gross yield on the 2016 price is 5.1%, 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 24 March 2016.

Questions about 806, Marina Residences 2

What did unit 806 last sell for?

AED 5,822,420 on 24 March 2016: AED 1,436 per sqft for 4,054 sqft. The unit has 2 registered sales; the first was AED 4,710,000 in March 2010.

What is the rent for unit 806?

AED 294,000 a year on the contract signed on 1 April 2015. The previous contract, from April 2013, was AED 280,000.

How big is unit 806?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 8th floor of a 14-storey tower completed in 2009.

What is unit 806 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 806, Marina Residences 2

Starts from the last sale price (AED 5.82M, 24 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 5,822,420
Deposit, UAE resident (20%)
AED 1,164,484
Deposit, non-resident (40%)
AED 2,328,968
Monthly over 25 years at 3.7%
AED 23,821

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