402, Marina Residences 2
Sold prices and rental history: sold once, by the developer in December 2010, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Marina Residences 2
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 September 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,734 sqft
- Floor
- 4th of 14
- Parking
- CB1-163
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2.81M · December 2010
- Building
- Marina Residences 2
About 402, Marina Residences 2
402 is a two-bedroom apartment of 1,734 sqft on the 4th 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 7 December 2010 for AED 2,813,300, or AED 1,622 per sqft, 5% above the AED 1,541 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 3 September 2018, is AED 140,000 a year: a gross yield of 5.0% on the 2010 price, before the service charge of about AED 28,900 a year.
Sales and rents for 402 over time
402 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 402 sits
All 102 2-beds →402 last sold in December 2010 at AED 1,622 per sqft, 5% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,541). 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. 402's AED 140,000 is at the bottom 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 4th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,936 sqft | AED 2.59MAED 2,589,600 · Jan 2014January 2014 | 105,000 /yr | |
| 403 | 2-bed | 1,928 sqft | AED 2.86MAED 2,858,100 · Dec 2010December 2010 | 130,000 /yr | |
| 404 | 2-bed | 1,867 sqft | AED 3.1MAED 3,100,000 · Jan 2023January 2023 | 115,000 /yr | |
| 405 | 3-bed | 2,440 sqft | AED 3.69MAED 3,686,200 · Oct 2010October 2010 | 140,000 /yr | |
| 406 | 3-bed | 4,054 sqft | AED 10.5MAED 10,500,000 · Feb 2025February 2025 | 255,000 /yr | |
| 407 | 3-bed | 2,440 sqft | AED 3.69MAED 3,686,200 · Mar 2010March 2010 | 267,750 /yr | |
| 408 | 2-bed | 1,867 sqft | AED 2.9MAED 2,904,900 · Mar 2010March 2010 | 210,000 /yr | |
| 409 | 2-bed | 1,928 sqft | AED 1.69MAED 1,690,000 · Feb 2011February 2011 | ||
| 410 | 2-bed | 1,734 sqft | AED 3.3MAED 3,300,000 · Jun 2024June 2024 | 145,000 /yr | |
| 411 | 2-bed | 1,936 sqft | AED 1.88MAED 1,880,000 · Jul 2021July 2021 | 193,000 /yr |
402, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 7 December 2010 for AED 2,813,300, or AED 1,622 per sqft.
- Rented since August 2014 on 3 Ejari contracts, from AED 160,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2010 price is 5.0%, before a service charge of about AED 28,900 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 3 September 2018.
Questions about 402, Marina Residences 2
What did unit 402 last sell for?
AED 2,813,300 on 7 December 2010, sold by the developer: AED 1,622 per sqft for 1,734 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 140,000 a year on the contract signed on 3 September 2018. The previous contract, from September 2015, was AED 170,000; the unit has been rented since August 2014.
How big is unit 402?
1,734 sqft (161.1 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.
What is unit 402 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 402, Marina Residences 2
Starts from the last sale price (AED 2.81M, 7 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,813,300
- Deposit, UAE resident (20%)
- AED 562,660
- Deposit, non-resident (40%)
- AED 1,125,320
- Monthly over 25 years at 3.7%
- AED 11,510
Plus AED 123,169 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →