1203, Marina Residences 2
Sold prices and rental history: sold twice, last in August 2018, 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 1203, Marina Residences 2
What is 1203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 12th of 14
- Parking
- CLG-188
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 2.22M · August 2018
- Building
- Marina Residences 2
About 1203, Marina Residences 2
1203 is a two-bedroom apartment of 1,778 sqft on the 12th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 26 August 2018 for AED 2,224,000, or AED 1,250 per sqft, 10% above the AED 1,139 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 1 November 2023, is AED 210,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1203 over time
1203 has sold twice; 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 2, and where 1203 sits
All 102 2-beds →1203 last sold in August 2018 at AED 1,250 per sqft, 10% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,139). 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. 1203's AED 210,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Dec 202510 December 2025 | 1,735 sqft | 4,450,000 | 2,564 | ||
| 16 Jun 202516 June 2025 | 1,735 sqft | 4,000,000 | 2,305 | ||
| 30 May 202530 May 2025 | 1,778 sqft | 4,300,000 | 2,418 | ||
| 23 May 202523 May 2025 | 1,735 sqft | 4,180,000 | 2,409 |
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 12th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 2,019 sqft | AED 3.6MAED 3,600,000 · Mar 2025March 2025 | 200,000 /yr | |
| 1202 | 2-bed | 1,778 sqft | AED 3.6MAED 3,600,000 · Aug 2024August 2024 | 138,000 /yr | |
| 1204 | 873 sqft | AED 3.14MAED 3,141,000 · Jun 2013June 2013 | 105,000 /yr | ||
| 1205 | 3-bed | 2,524 sqft | AED 4.55MAED 4,550,000 · Jul 2014July 2014 | 300,000 /yr | |
| 1206 | 3-bed | 4,054 sqft | AED 5.08MAED 5,075,000 · Jul 2017July 2017 | 600,000 /yr | |
| 1207 | 3-bed | 2,524 sqft | AED 3.53MAED 3,530,000 · Aug 2013August 2013 | 435,000 /yr | |
| 1208 | 2-bed | 1,746 sqft | AED 3.12MAED 3,120,000 · Nov 2010November 2010 | 164,197 /yr | |
| 1209 | 2-bed | 1,778 sqft | AED 2.75MAED 2,750,000 · Mar 2023March 2023 | 110,000 /yr | |
| 1210 | 2-bed | 1,778 sqft | AED 3.8MAED 3,800,000 · Oct 2024October 2024 | 270,000 /yr | |
| 1211 | 2-bed | 2,019 sqft | AED 2.1MAED 2,100,000 · Apr 2022April 2022 | 240,000 /yr |
1203, Marina Residences 2 in numbers
- Sold twice: first on 14 September 2015 for AED 2,544,800, last on 26 August 2018 for AED 2,224,000 (AED 1,250 per sqft).
- Rented since November 2014 on 5 Ejari contracts, from AED 92,593 to AED 210,000 a year.
- At AED 210,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 29,600 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 1 November 2023.
Questions about 1203, Marina Residences 2
What did unit 1203 last sell for?
AED 2,224,000 on 26 August 2018: AED 1,250 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 2,544,800 in September 2015.
What is the rent for unit 1203?
AED 210,000 a year on the contract signed on 1 November 2023. The previous contract, from May 2022, was AED 133,422; the unit has been rented since November 2014.
How big is unit 1203?
1,778 sqft (165.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.
What is unit 1203 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 1203, Marina Residences 2
Starts from the last sale price (AED 2.22M, 26 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,224,000
- Deposit, UAE resident (20%)
- AED 444,800
- Deposit, non-resident (40%)
- AED 889,600
- Monthly over 25 years at 3.7%
- AED 9,099
Plus AED 98,418 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →