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3-bed · 4,045 sqftMarina Residences 2, Palm Jumeirah · -1th floor · completed 2009

TH08, Marina Residences 2

Sold prices and rental history: sold 3 times, last in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH08 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 3M15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH08, Marina Residences 2

What is TH08 worth today?

Last sold for AED 3,000,000 in 2020

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15 Dec 2020SoldReady
AED 3,000,000AED 741 per sqft
18 May 2011SoldReady
AED 2,200,000AED 543 per sqft
15 Mar 2011Sold by developerReady
AED 5,163,900AED 1,276 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
3-bed apartment
Size
4,045 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,400 /yr
Last sold
AED 3M · December 2020
Building
Marina Residences 2

About TH08, Marina Residences 2

TH08 is a three-bedroom apartment of 4,045 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 15 December 2020 for AED 3,000,000, or AED 741 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for TH08 over time

Sales
Unit TH08, 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 5,163,900 (AED 1,276 per sqft)Sold, May 2011: AED 2,200,000 (AED 543 per sqft)Sold, December 2020: AED 3,000,000 (AED 741 per sqft)

TH08 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH08, 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 327,500

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 TH08 sits

All 49 3-beds →

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.

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
LG013-bedAED 5.2M · Oct 2024
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

TH08, Marina Residences 2 in numbers

  • Sold 3 times: first on 15 March 2011 for AED 5,163,900, last on 15 December 2020 for AED 3,000,000 (AED 741 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 15 December 2020.

Questions about TH08, Marina Residences 2

What did unit TH08 last sell for?

AED 3,000,000 on 15 December 2020: AED 741 per sqft for 4,045 sqft. The unit has 3 registered sales; the first was AED 5,163,900 in March 2011.

How big is unit TH08?

4,045 sqft (375.8 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH08 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 TH08, Marina Residences 2

Starts from the last sale price (AED 3M, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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