2-bed · 1,870 sqftMarina Residences 2, Palm Jumeirah · 10th floor · completed 2009

1001, Marina Residences 2

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 3 October 2022
Last soldAED 2.15M3 October 2021
Current rentAED 125K /yr3 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Marina Residences 2

What is 1001 worth today?

Last sold for AED 2,150,000 in 2021

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3 Oct 2022RentedRenewal
AED 125,000/yr9 months · AED 67 per sqft
3 Oct 2021SoldReady
AED 2,150,000AED 1,149 per sqft
3 Oct 2021RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft
3 Oct 2021RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft
24 Aug 2020RentedNew contract
AED 90,000/yr12 months · AED 48 per sqft
7 Jul 2019RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft
26 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
27 Apr 2017RentedNew contract
AED 140,000/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2022.

Key facts

Type
2-bed apartment
Size
1,870 sqft
Floor
10th of 14
Parking
CLG-176
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,200 /yr
Last sold
AED 2.15M · October 2021

About 1001, Marina Residences 2

1001 is a two-bedroom apartment of 1,870 sqft on the 10th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 3 October 2021 for AED 2,150,000, or AED 1,149 per sqft, 17% above the AED 978 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 3 October 2022, is AED 125,000 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 31,200 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Marina Residences 2
2M4M2009201420192024Typical sale price by year: 2009 AED 2,823,700; 2010 AED 2,801,650; 2011 AED 2,594,650; 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 2,150,000; 2022 AED 2,427,500; 2023 AED 2,925,000; 2024 AED 3,650,000; 2025 AED 3,950,000Sold by developer, November 2014: AED 2,918,800 (AED 1,560 per sqft)Sold, October 2021: AED 2,150,000 (AED 1,149 per sqft)

1001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Marina Residences 2
100K200K2012201620202024Typical 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 155,000; 2018 AED 141,500; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 132,297; 2023 AED 149,625; 2024 AED 190,000; 2025 AED 200,000; 2026 AED 220,000New contract, April 2015: AED 145,000 a yearNew contract, April 2016: AED 155,000 a yearNew contract, April 2017: AED 140,000 a yearNew contract, June 2018: AED 120,000 a yearNew contract, July 2019: AED 110,000 a yearNew contract, August 2020: AED 90,000 a yearNew contract, October 2021: AED 125,000 a yearNew contract, October 2021: AED 125,000 a yearRenewal, October 2022: 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 1001 sits

All 102 2-beds →

1001 last sold in October 2021 at AED 1,149 per sqft, 17% above what two-beds in Marina Residences 2 were fetching at the time (AED 978). Over the last 12 months two-beds sold for AED 4,450,000, around AED 2,564 per sqft, and rent for AED 154,000 to 285,000 a year. 1001's AED 125,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 20254,450,000
16 Jun 20254,000,000
30 May 20254,300,000
23 May 20254,180,000
1 2-bed sale 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. 4 sold in the last 12 months.

Typical price per sqft
AED 2,656
Typical sale
AED 9.8M
Typical rent
AED 245K /yr
Typical yield
4.6%
Marina Residences 2, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 158 units in Marina Residences 2
Value
10022-bedAED 2.85M · Apr 2023
10032-bedAED 3.19M · Mar 2015
10042-bedAED 2.28M · Apr 2018
10053-bedAED 4.2M · Apr 2024
10063-bedAED 8.9M · Oct 2023
10073-bedAED 3.97M · Aug 2022
1008AED 4.6M · Sep 2025
1–7 of 11

1001, Marina Residences 2 in numbers

  • Sold twice: first on 11 November 2014 for AED 2,918,800, last on 3 October 2021 for AED 2,150,000 (AED 1,149 per sqft).
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 90,000 in 2020 and recovered to AED 125,000 by October 2022.
  • At AED 125,000 a year the gross yield on the 2021 price is 5.8%, before a service charge of about AED 31,200 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 2 sold for AED 4,450,000–4,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,656 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2022.

Questions about 1001, Marina Residences 2

What did unit 1001 last sell for?

AED 2,150,000 on 3 October 2021: AED 1,149 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 2,918,800 in November 2014.

What is the rent for unit 1001?

AED 125,000 a year on the contract renewed on 3 October 2022. The previous contract, from October 2021, was AED 125,000; the unit has been rented since April 2015.

How big is unit 1001?

1,870 sqft (173.7 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1001 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 4,450,000 to 4,450,000 in the last 12 months, around AED 2,564 per sqft.

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Mortgage on 1001, Marina Residences 2

Starts from the last sale price (AED 2.15M, 3 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →