1005, Marina Residences 2
Sold prices and rental history: sold 4 times, last in April 2024, 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 1005, Marina Residences 2
What is 1005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,524 sqft
- Floor
- 10th of 14
- Parking
- 2-LG162
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 42,100 /yr
- Last sold
- AED 4.2M · April 2024
- Building
- Marina Residences 2
About 1005, Marina Residences 2
1005 is a three-bedroom apartment of 2,524 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 24 April 2024 for AED 4,200,000, or AED 1,663 per sqft, 9% above the AED 1,531 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 10 January 2024, is AED 198,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 42,100 a year.
Sales and rents for 1005 over time
1005 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 1005 sits
All 46 3-beds →1005 last sold in April 2024 at AED 1,663 per sqft, 9% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,531). Over the last 12 months three-beds sold for AED 6,700,000 to 12,900,000, around AED 2,965 per sqft, and rent for AED 254,100 to 1,100,000 a year. 1005's AED 198,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 4,054 sqft | 12,900,000 | 3,182 | ||
| 25 Apr 202525 April 2025 | 4,053 sqft | 10,800,000 | 2,664 | ||
| 10 Feb 202510 February 2025 | 4,054 sqft | 10,500,000 | 2,590 | ||
| 17 Oct 202417 October 2024 | 2,751 sqft | 5,200,000 | 1,890 |
Marina Residences 2
Building158 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%
Other units on the 10th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,870 sqft | AED 2.15MAED 2,150,000 · Oct 2021October 2021 | 125,000 /yr | |
| 1002 | 2-bed | 1,778 sqft | AED 2.85MAED 2,850,000 · Apr 2023April 2023 | 130,000 /yr | |
| 1003 | 2-bed | 1,778 sqft | AED 3.19MAED 3,186,000 · Mar 2015March 2015 | 125,000 /yr | |
| 1004 | 2-bed | 1,746 sqft | AED 2.28MAED 2,275,000 · Apr 2018April 2018 | 160,000 /yr | |
| 1006 | 3-bed | 4,054 sqft | AED 8.9MAED 8,900,000 · Oct 2023October 2023 | 1,100,000 /yr | |
| 1007 | 3-bed | 2,524 sqft | AED 3.97MAED 3,970,000 · Aug 2022August 2022 | 220,000 /yr | |
| 1008 | 1,746 sqft | AED 4.6MAED 4,600,000 · Sep 2025September 2025 | 145,219 /yr | ||
| 1009 | 2-bed | 1,778 sqft | AED 2.75MAED 2,750,000 · Mar 2023March 2023 | 110,000 /yr | |
| 1010 | 2-bed | 1,778 sqft | AED 3.88MAED 3,875,000 · Nov 2024November 2024 | 95,000 /yr | |
| 1011 | 2-bed | 1,870 sqft | AED 2.59MAED 2,594,500 · Oct 2011October 2011 | 190,000 /yr | |
| TH02 | 2-bed | 2,732 sqft | AED 3.2MAED 3,200,000 · Jul 2017July 2017 |
1005, Marina Residences 2 in numbers
- Sold 4 times: first on 20 May 2012 for AED 3,370,700, last on 24 April 2024 for AED 4,200,000 (AED 1,663 per sqft).
- Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 147,000 in 2021 and recovered to AED 198,000 by January 2024.
- At AED 198,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 42,100 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: YallaValue analysis of Dubai Land Department records. Updated 24 April 2024.
Questions about 1005, Marina Residences 2
What did unit 1005 last sell for?
AED 4,200,000 on 24 April 2024: AED 1,663 per sqft for 2,524 sqft. The unit has 4 registered sales; the first was AED 3,370,700 in May 2012.
What is the rent for unit 1005?
AED 198,000 a year on the contract renewed on 10 January 2024. The previous contract, from January 2023, was AED 180,000; the unit has been rented since May 2014.
How big is unit 1005?
2,524 sqft (234.5 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1005 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 2,965 per sqft.
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Mortgage on 1005, Marina Residences 2
Starts from the last sale price (AED 4.2M, 24 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,200,000
- Deposit, UAE resident (20%)
- AED 840,000
- Deposit, non-resident (40%)
- AED 1,680,000
- Monthly over 25 years at 3.7%
- AED 17,184
Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →