203, Marina Residences 2
Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Marina Residences 2
What is 203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,021 sqft
- Floor
- 2nd of 14
- Parking
- CB1-178
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 17,000 /yr
- Last sold
- AED 3.1M · March 2013
- Building
- Marina Residences 2
About 203, Marina Residences 2
203 is a two-bedroom apartment of 1,021 sqft on the 2nd 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 26 March 2013 for AED 3,097,700, or AED 1,517 per sqft, 20% above the AED 1,263 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 21 March 2024, is AED 220,000 a year: a gross yield of 7.1% on the 2013 price, before the service charge of about AED 17,000 a year.
Sales and rents for 203 over time
203 has sold once; 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 203 sits
All 102 2-beds →203 last sold in March 2013 at AED 1,517 per sqft, 20% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,263). 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. 203's AED 220,000 is in the upper 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. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,747
- Typical sale
- AED 7.1M
- Typical rent
- AED 245K /yr
- Typical yield
- 4.5%
Other units on the 2nd floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,953 sqft | AED 1.3MAED 1,300,000 · Nov 2020November 2020 | 180,000 /yr | |
| 202 | 2-bed | 2,044 sqft | AED 3.1MAED 3,100,000 · Jun 2023June 2023 | 133,500 /yr | |
| 204 | 2-bed | 2,037 sqft | AED 3.15MAED 3,148,700 · Jan 2011January 2011 | 160,655 /yr | |
| 205 | 3-bed | 2,438 sqft | AED 3.97MAED 3,968,600 · Feb 2011February 2011 | ||
| 206 | 3-bed | 4,053 sqft | AED 10.8MAED 10,800,000 · Apr 2025April 2025 | 295,000 /yr | |
| 207 | 3-bed | 2,438 sqft | AED 1.78MAED 1,782,800 · Mar 2010March 2010 | 234,600 /yr | |
| 208 | 2-bed | 2,037 sqft | AED 3.18MAED 3,175,000 · Jan 2024January 2024 | 183,750 /yr | |
| 209 | 2,042 sqft | AED 4MAED 4,000,000 · Nov 2025November 2025 | 195,000 /yr | ||
| 210 | 2-bed | 2,044 sqft | AED 2MAED 2,000,000 · Jan 2021January 2021 | 140,000 /yr | |
| 211 | 2-bed | 1,953 sqft | AED 2.1MAED 2,100,000 · Mar 2018March 2018 | 198,000 /yr |
203, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 26 March 2013 for AED 3,097,700, or AED 1,517 per sqft.
- Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 190,000 to AED 120,000 in 2020 and recovered to AED 220,000 by March 2024.
- At AED 220,000 a year the gross yield on the 2013 price is 7.1%, before a service charge of about AED 17,000 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 2,747 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 21 March 2024.
Questions about 203, Marina Residences 2
What did unit 203 last sell for?
AED 3,097,700 on 26 March 2013, sold by the developer: AED 1,517 per sqft for 1,021 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 220,000 a year on the contract signed on 21 March 2024. The previous contract, from December 2022, was AED 170,500; the unit has been rented since December 2013.
How big is unit 203?
1,021 sqft (94.9 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.
What is unit 203 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 203, Marina Residences 2
Starts from the last sale price (AED 3.1M, 26 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,097,700
- Deposit, UAE resident (20%)
- AED 619,540
- Deposit, non-resident (40%)
- AED 1,239,080
- Monthly over 25 years at 3.7%
- AED 12,674
Plus AED 135,113 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →