873 sqftMarina Residences 2, Palm Jumeirah · 12th floor · completed 2009

1204, Marina Residences 2

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 8 July 2021

Last soldAED 3.14M9 June 2013

Current rentAED 105K /yr8 July 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1204, Marina Residences 2

Today

What is 1204 worth today?

Last sold for AED 3,141,000 in 2013

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8 Jul 2021

8 Jul 2021RentedNew contract

AED 105,000/yr12 months · AED 60 per sqft

5 Jul 2020

5 Jul 2020RentedNew contract

AED 105,000/yr12 months · AED 60 per sqft

5 Jul 2019

5 Jul 2019RentedRenewal

AED 125,000/yr12 months · AED 72 per sqft

11 May 2015

11 May 2015RentedNew contract

AED 170,000/yr12 months · AED 97 per sqft

13 May 2014

13 May 2014RentedNew contract

AED 175,141/yr14 months · AED 100 per sqft

9 Jun 2013

9 Jun 2013Sold by developerReady

AED 3,141,000AED 1,799 per sqft

13 May 2013

13 May 2013RentedNew contract

AED 136,500/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2021.

Key facts

Type: Apartment
Size: 873 sqft
Floor: 12th of 14
Parking: 2-LG186
Developer: The Palm - Jumeirah Co
Completed: 2009
Service charge: AED 14,600 /yr
Last sold: AED 3.14M · June 2013
Building: Marina Residences 2

About 1204, Marina Residences 2

1204 is an apartment of 873 sqft on the 12th 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 9 June 2013 for AED 3,141,000, or AED 1,799 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 8 July 2021, is AED 105,000 a year: a gross yield of 3.3% on the 2013 price, before the service charge of about AED 14,600 a year.

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 12th floor

All 158 units in Marina Residences 2


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
1203	2-bed	1,778 sqft	AED 2.22MAED 2,224,000 · Aug 2018August 2018	210,000 /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

1–7 of 10

1204, Marina Residences 2 in numbers

Sold once: by The Palm - Jumeirah Co on 9 June 2013 for AED 3,141,000, or AED 1,799 per sqft.
Rented since May 2013 on 6 Ejari contracts, from AED 136,500 to AED 105,000 a year.
At AED 105,000 a year the gross yield on the 2013 price is 3.3%, before a service charge of about AED 14,600 a year (AED 16.67 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2021.

Questions about 1204, Marina Residences 2

What did unit 1204 last sell for?

AED 3,141,000 on 9 June 2013, sold by the developer: AED 1,799 per sqft for 873 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 105,000 a year on the contract signed on 8 July 2021. The previous contract, from July 2020, was AED 105,000; the unit has been rented since May 2013.

How big is unit 1204?

873 sqft (81.1 sqm): an apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1204, Marina Residences 2

Starts from the last sale price (AED 3.14M, 9 June 2013). Switch to today's estimate once you have unlocked it.

Price: AED 3,141,000
Deposit, UAE resident (20%): AED 628,200
Deposit, non-resident (40%): AED 1,256,400
Monthly over 25 years at 3.7%: AED 12,851

Plus AED 136,932 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →