702, Marina Residences 1
Sold prices and rental history: sold once, by the developer in May 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Marina Residences 1
What is 702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 7th of 14
- Parking
- CB1+114
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2.89M · May 2011
- Building
- Marina Residences 1
About 702, Marina Residences 1
702 is a two-bedroom apartment of 1,735 sqft on the 7th floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 18 May 2011 for AED 2,891,700, or AED 1,666 per sqft, 5% above the AED 1,592 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 7 October 2025, is AED 100,000 a year: a gross yield of 3.5% on the 2011 price, before the service charge of about AED 28,900 a year.
Sales and rents for 702 over time
702 has sold once; the dashed line is the two-bed median of each year in the building.
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 1, and where 702 sits
All 102 2-beds →702 last sold in May 2011 at AED 1,666 per sqft, 5% above what two-beds in Marina Residences 1 were fetching at the time (AED 1,592). Over the last 12 months two-beds sold for AED 3,200,000, around AED 1,799 per sqft, and rent for AED 158,700 to 310,000 a year. 702's AED 100,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,778 sqft | 3,200,000 | 1,799 | ||
| 4 Jul 20254 July 2025 | 1,870 sqft | 3,650,000 | 1,951 | ||
| 1 Jul 20251 July 2025 | 2,045 sqft | 3,950,000 | 1,931 | ||
| 22 May 202522 May 2025 | 1,858 sqft | 3,625,000 | 1,951 |
Marina Residences 1
Building162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,303
- Typical sale
- AED 7.29M
- Typical rent
- AED 212K /yr
- Typical yield
- 5.0%
Other units on the 7th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1,870 sqft | AED 2.58MAED 2,580,000 · Sep 2023September 2023 | 89,900 /yr | ||
| 703 | 2-bed | 1,735 sqft | AED 2.94MAED 2,935,600 · Dec 2011December 2011 | 153,000 /yr | |
| 704 | 2-bed | 1,746 sqft | AED 2.98MAED 2,981,500 · Dec 2011December 2011 | 165,000 /yr | |
| 705 | 3-bed | 2,439 sqft | AED 3.79MAED 3,790,400 · Nov 2010November 2010 | 125,000 /yr | |
| 706 | 3-bed | 4,054 sqft | AED 4.95MAED 4,950,000 · Nov 2017November 2017 | ||
| 707 | 3-bed | 2,439 sqft | AED 5.65MAED 5,650,000 · Jun 2025June 2025 | 234,000 /yr | |
| 708 | 2-bed | 1,746 sqft | AED 2.82MAED 2,820,000 · Mar 2017March 2017 | ||
| 709 | 2-bed | 1,735 sqft | AED 2.77MAED 2,770,000 · Mar 2017March 2017 | ||
| 710 | 2-bed | 1,735 sqft | AED 2.89MAED 2,891,700 · Apr 2010April 2010 | 164,450 /yr | |
| 711 | 2-bed | 1,870 sqft | AED 1.75MAED 1,750,000 · Apr 2019April 2019 | 145,000 /yr |
702, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 18 May 2011 for AED 2,891,700, or AED 1,666 per sqft.
- Rented since June 2014 on 5 Ejari contracts, from AED 160,250 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2011 price is 3.5%, before a service charge of about AED 28,900 a year (AED 16.67 per sqft).
- Two-beds in Marina Residences 1 sold for AED 3,200,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,303 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2025.
Questions about 702, Marina Residences 1
What did unit 702 last sell for?
AED 2,891,700 on 18 May 2011, sold by the developer: AED 1,666 per sqft for 1,735 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 100,000 a year on the contract signed on 7 October 2025. The previous contract, from March 2023, was AED 126,500; the unit has been rented since June 2014.
How big is unit 702?
1,735 sqft (161.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 702 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 1 sold for AED 3,200,000 to 3,200,000 in the last 12 months, around AED 1,799 per sqft.
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Mortgage on 702, Marina Residences 1
Starts from the last sale price (AED 2.89M, 18 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,891,700
- Deposit, UAE resident (20%)
- AED 578,340
- Deposit, non-resident (40%)
- AED 1,156,680
- Monthly over 25 years at 3.7%
- AED 11,831
Plus AED 126,461 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →