308, Marina Residences 2
Sold prices and rental history: sold once, by the developer in December 2012, 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 308, Marina Residences 2
What is 308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,858 sqft
- Floor
- 3rd of 14
- Parking
- CB1-157
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,000 /yr
- Last sold
- AED 1.43M · December 2012
- Building
- Marina Residences 2
About 308, Marina Residences 2
308 is a two-bedroom apartment of 1,858 sqft on the 3rd 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 11 December 2012 for AED 1,432,150, or AED 770 per sqft, 39% below the AED 1,260 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 29 August 2024, is AED 235,000 a year: a gross yield of 16.4% on the 2012 price, before the service charge of about AED 31,000 a year.
Sales and rents for 308 over time
308 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 308 sits
All 102 2-beds →308 last sold in December 2012 at AED 770 per sqft, 39% below what two-beds in Marina Residences 2 were fetching at the time (AED 1,260). 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. 308's AED 235,000 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 3rd floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,950 sqft | AED 2.02MAED 2,020,000 · Apr 2013April 2013 | 150,000 /yr | |
| 302 | 2-bed | 2,041 sqft | AED 2.88MAED 2,880,700 · Feb 2013February 2013 | 220,000 /yr | |
| 303 | 2-bed | 968 sqft | AED 650KAED 650,000 · Sep 2011September 2011 | 235,000 /yr | |
| 304 | 2-bed | 1,858 sqft | AED 2.86MAED 2,864,300 · Feb 2010February 2010 | 200,000 /yr | |
| 305 | 3-bed | 2,440 sqft | AED 2.65MAED 2,650,000 · Jan 2021January 2021 | 240,000 /yr | |
| 306 | 3-bed | 4,053 sqft | AED 2.8MAED 2,800,000 · Jul 2019July 2019 | 250,000 /yr | |
| 307 | 3-bed | 2,440 sqft | AED 3.26MAED 3,260,000 · May 2012May 2012 | 254,100 /yr | |
| 309 | 2-bed | 1,935 sqft | AED 1.8MAED 1,800,000 · Dec 2019December 2019 | 40,000 /yr | |
| 310 | 2,041 sqft | AED 4.9MAED 4,900,000 · Nov 2025November 2025 | 158,484 /yr | ||
| 311 | 2-bed | 1,950 sqft | AED 2.6MAED 2,600,000 · Feb 2023February 2023 | 145,000 /yr |
308, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 11 December 2012 for AED 1,432,150, or AED 770 per sqft.
- Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 189,474 to AED 125,000 in 2021 and recovered to AED 235,000 by August 2024.
- At AED 235,000 a year the gross yield on the 2012 price is 16.4%, before a service charge of about AED 31,000 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 29 August 2024.
Questions about 308, Marina Residences 2
What did unit 308 last sell for?
AED 1,432,150 on 11 December 2012, sold by the developer: AED 770 per sqft for 1,858 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 235,000 a year on the contract signed on 29 August 2024. The previous contract, from February 2023, was AED 140,000; the unit has been rented since April 2014.
How big is unit 308?
1,858 sqft (172.6 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.
What is unit 308 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.
Selling 308? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 308, Marina Residences 2
Starts from the last sale price (AED 1.43M, 11 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,432,150
- Deposit, UAE resident (20%)
- AED 286,430
- Deposit, non-resident (40%)
- AED 572,860
- Monthly over 25 years at 3.7%
- AED 5,859
Plus AED 65,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →