2-bed · 2,019 sqftMarina Residences 2, Palm Jumeirah · 11th floor · completed 2009

1101, Marina Residences 2

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 10 October 2022
Last soldAED 2.37M10 October 2022
Current rentAED 100K /yr1 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Marina Residences 2

What is 1101 worth today?

Last sold for AED 2,370,000 in 2022

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10 Oct 2022SoldReady
AED 2,370,000AED 1,173 per sqft
1 May 2020RentedNew contract
AED 100,000/yr12 months · AED 49 per sqft
25 Feb 2019RentedNew contract
AED 138,000/yr12 months · AED 68 per sqft
25 Feb 2018RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
16 Nov 2017SoldReady
AED 2,300,000AED 1,139 per sqft
15 Nov 2015RentedNew contract
AED 160,000/yr12 months · AED 79 per sqft
27 Feb 2015RentedNew contract
AED 153,465/yr12 months · AED 76 per sqft
4 Mar 2013RentedNew contract
AED 130,000/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2022.

Key facts

Type
2-bed apartment
Size
2,019 sqft
Floor
11th of 14
Parking
2-B201
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 33,700 /yr
Last sold
AED 2.37M · October 2022

About 1101, Marina Residences 2

1101 is a two-bedroom apartment of 2,019 sqft on the 11th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 10 October 2022 for AED 2,370,000, or AED 1,173 per sqft, in line with the AED 1,206 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 May 2020, is AED 100,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 33,700 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, March 2011: AED 1,386,000 (AED 686 per sqft)Sold, November 2017: AED 2,300,000 (AED 1,139 per sqft)Sold, October 2022: AED 2,370,000 (AED 1,173 per sqft)

1101 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, 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, March 2013: AED 130,000 a yearNew contract, February 2015: AED 153,465 a yearNew contract, November 2015: AED 160,000 a yearNew contract, February 2018: AED 145,000 a yearNew contract, February 2019: AED 138,000 a yearNew contract, May 2020: AED 100,000 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 1101 sits

All 102 2-beds →

1101 last sold in October 2022 at AED 1,173 per sqft, in line with what two-beds in Marina Residences 2 were fetching at the time (AED 1,206). 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. 1101's AED 100,000 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 11th floor

All 158 units in Marina Residences 2
Value
11022-bedAED 4.3M · May 2025
11032-bedAED 2.58M · Jul 2015
11042-bedAED 3.3M · Jul 2024
11053-bedAED 3.7M · Oct 2022
11063-bedAED 7.2M · Jan 2023
11073-bedAED 3.3M · Mar 2022
11082-bedAED 1.95M · Jan 2012
1–7 of 10

1101, Marina Residences 2 in numbers

  • Sold 3 times: first on 6 March 2011 for AED 1,386,000, last on 10 October 2022 for AED 2,370,000 (AED 1,173 per sqft).
  • Rented since March 2013 on 6 Ejari contracts, from AED 130,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 33,700 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 10 October 2022.

Questions about 1101, Marina Residences 2

What did unit 1101 last sell for?

AED 2,370,000 on 10 October 2022: AED 1,173 per sqft for 2,019 sqft. The unit has 3 registered sales; the first was AED 1,386,000 in March 2011.

What is the rent for unit 1101?

AED 100,000 a year on the contract signed on 1 May 2020. The previous contract, from February 2019, was AED 138,000; the unit has been rented since March 2013.

How big is unit 1101?

2,019 sqft (187.6 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2009.

What is unit 1101 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 1101, Marina Residences 2

Starts from the last sale price (AED 2.37M, 10 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,370,000
Deposit, UAE resident (20%)
AED 474,000
Deposit, non-resident (40%)
AED 948,000
Monthly over 25 years at 3.7%
AED 9,696

Plus AED 104,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →