3-bed · 2,736 sqftMarina Residences 2, Palm Jumeirah · 1st floor · completed 2009

105, Marina Residences 2

Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 3.49M10 November 2010
Current rentAED 120K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, Marina Residences 2

What is 105 worth today?

Last sold for AED 3,488,400 in 2010

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1 Jun 2022RentedRenewal
AED 120,000/yr12 months · AED 44 per sqft
1 Jun 2021RentedRenewal
AED 120,000/yr12 months · AED 44 per sqft
1 Jun 2020RentedRenewal
AED 120,000/yr12 months · AED 44 per sqft
1 Jun 2019RentedRenewal
AED 120,000/yr12 months · AED 44 per sqft
10 Nov 2010Sold by developerReady
AED 3,488,400AED 1,275 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2022.

Key facts

Type
3-bed apartment
Size
2,736 sqft
Floor
1st of 14
Parking
CB1-144
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,600 /yr
Last sold
AED 3.49M · November 2010

About 105, Marina Residences 2

105 is a three-bedroom apartment of 2,736 sqft on the 1st floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 10 November 2010 for AED 3,488,400, or AED 1,275 per sqft, 4% below the AED 1,335 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 120,000 a year: a gross yield of 3.4% on the 2010 price, before the service charge of about AED 45,600 a year.

Sales and rents for 105 over time

Sales
Unit 105, each saleTypical three-bed in Marina Residences 2
5M2010201420182022Typical sale price by year: 2010 AED 4,257,500; 2011 AED 3,800,000; 2012 AED 3,370,700; 2013 AED 3,440,000; 2014 AED 4,000,000; 2015 AED 4,737,300; 2016 AED 1,800,000; 2019 AED 2,950,000; 2021 AED 3,237,500; 2022 AED 4,200,000; 2023 AED 4,435,450; 2024 AED 8,126,969Sold by developer, November 2010: AED 3,488,400 (AED 1,275 per sqft)

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

Rents
Unit 105, each contractTypical three-bed in Marina Residences 2
250K500K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 210,000; 2014 AED 213,000; 2015 AED 236,837; 2016 AED 225,375; 2017 AED 221,500; 2018 AED 195,000; 2019 AED 180,000; 2020 AED 147,000; 2021 AED 160,000; 2022 AED 169,000; 2023 AED 180,000; 2024 AED 276,375; 2025 AED 300,000; 2026 AED 640,000Renewal, June 2019: AED 120,000 a yearRenewal, June 2020: AED 120,000 a yearRenewal, June 2021: AED 120,000 a yearRenewal, June 2022: AED 120,000 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 105 sits

All 46 3-beds →

105 last sold in November 2010 at AED 1,275 per sqft, 4% below what three-beds in Marina Residences 2 were fetching at the time (AED 1,335). 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. 105's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 202612,900,000
25 Apr 202510,800,000
10 Feb 202510,500,000
17 Oct 20245,200,000
2 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. 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 1st floor

All 158 units in Marina Residences 2
Value
1012-bedAED 2.45M · Jul 2023
1022-bedAED 2.65M · Dec 2022
1032-bedAED 1.61M · Sep 2020
1042-bedAED 1.85M · Apr 2021
1063-bedAED 3.1M · Jul 2019
1073-bedAED 3.49M · Nov 2010
1082-bedAED 3.88M · Jul 2024
1–7 of 10

105, Marina Residences 2 in numbers

  • Sold once: by The Palm - Jumeirah Co on 10 November 2010 for AED 3,488,400, or AED 1,275 per sqft.
  • Rented since June 2019 on 4 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2010 price is 3.4%, before a service charge of about AED 45,600 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 1 June 2022.

Questions about 105, Marina Residences 2

What did unit 105 last sell for?

AED 3,488,400 on 10 November 2010, sold by the developer: AED 1,275 per sqft for 2,736 sqft. It is the only registered sale of the unit.

What is the rent for unit 105?

AED 120,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 120,000; the unit has been rented since June 2019.

How big is unit 105?

2,736 sqft (254.2 sqm): a three-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 105 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 105, Marina Residences 2

Starts from the last sale price (AED 3.49M, 10 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,488,400
Deposit, UAE resident (20%)
AED 697,680
Deposit, non-resident (40%)
AED 1,395,360
Monthly over 25 years at 3.7%
AED 14,272

Plus AED 151,523 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →