3-bed · 2,751 sqftMarina Residences 2, Palm Jumeirah · -1th floor · completed 2009

LG01, Marina Residences 2

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit LG01 · DLD and Ejari recordsUpdated 7 December 2025
Last soldAED 5.2M17 October 2024
Current rentAED 150K /yr7 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for LG01, Marina Residences 2

What is LG01 worth today?

Last sold for AED 5,200,000 in 2024

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7 Dec 2025RentedNew contract
AED 150,000/yr12 months · AED 54 per sqft
7 Dec 2024RentedNew contract
AED 150,000/yr12 months · AED 54 per sqft
17 Oct 2024SoldReady
AED 5,200,000AED 1,890 per sqft
26 Sep 2023RentedRenewal
AED 171,900/yr12 months · AED 62 per sqft
25 Sep 2022RentedNew contract
AED 149,086/yr12 months · AED 54 per sqft
25 Sep 2021RentedNew contract
AED 129,640/yr12 months · AED 47 per sqft
26 Sep 2020RentedNew contract
AED 115,000/yr12 months · AED 42 per sqft
20 Jul 2019RentedNew contract
AED 130,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 7 December 2025.

Key facts

Type
3-bed apartment
Size
2,751 sqft
Floor
-1th of 14
Parking
2-B151
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,900 /yr
Last sold
AED 5.2M · October 2024

About LG01, Marina Residences 2

LG01 is a three-bedroom apartment of 2,751 sqft on the -1th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 17 October 2024 for AED 5,200,000, or AED 1,890 per sqft, in line with the AED 1,890 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 7 December 2025, is AED 150,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 45,900 a year.

Sales and rents for LG01 over time

Sales
Unit LG01, 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, November 2010: AED 3,390,000 (AED 1,232 per sqft)Sold, October 2024: AED 5,200,000 (AED 1,890 per sqft)

LG01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit LG01, each contractTypical three-bed in Marina Residences 2
100K200K300K2012201620202024Typical 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 210,000 a yearNew contract, January 2014: AED 209,998 a yearNew contract, December 2017: AED 165,000 a yearNew contract, July 2019: AED 130,000 a yearNew contract, September 2020: AED 115,000 a yearNew contract, September 2021: AED 129,640 a yearNew contract, September 2022: AED 149,086 a yearRenewal, September 2023: AED 171,900 a yearNew contract, December 2024: AED 150,000 a yearNew contract, December 2025: AED 150,000 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 LG01 sits

All 49 3-beds →

LG01 last sold in October 2024 at AED 1,890 per sqft, in line with what three-beds in Marina Residences 2 were fetching at the time (AED 1,890). 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. LG01's AED 150,000 is at the bottom 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 -1th floor

All 158 units in Marina Residences 2
Value
LG023-bedAED 5.76M · Nov 2010
LG033-bedAED 3.03M · Dec 2010
TH043-bedAED 3.48M · Sep 2021
TH053-bedAED 4.3M · Oct 2022
TH062-bedAED 6M · Jul 2024
TH073-bedAED 5.16M · Aug 2011
TH083-bedAED 3M · Dec 2020

LG01, Marina Residences 2 in numbers

  • Sold twice: first on 11 November 2010 for AED 3,390,000, last on 17 October 2024 for AED 5,200,000 (AED 1,890 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 210,000 to AED 115,000 in 2020 and recovered to AED 150,000 by December 2025.
  • At AED 150,000 a year the gross yield on the 2024 price is 2.9%, before a service charge of about AED 45,900 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 7 December 2025.

Questions about LG01, Marina Residences 2

What did unit LG01 last sell for?

AED 5,200,000 on 17 October 2024: AED 1,890 per sqft for 2,751 sqft. The unit has 2 registered sales; the first was AED 3,390,000 in November 2010.

What is the rent for unit LG01?

AED 150,000 a year on the contract signed on 7 December 2025. The previous contract, from December 2024, was AED 150,000; the unit has been rented since January 2013.

How big is unit LG01?

2,751 sqft (255.6 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit LG01 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 LG01, Marina Residences 2

Starts from the last sale price (AED 5.2M, 17 October 2024). 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 →