2-bed · 1,867 sqftMarina Residences 2, Palm Jumeirah · 4th floor · completed 2009

404, Marina Residences 2

Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 26 January 2023
Last soldAED 3.1M26 January 2023
Current rentAED 115K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Marina Residences 2

What is 404 worth today?

Last sold for AED 3,100,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Jan 2023SoldReady
AED 3,100,000AED 1,660 per sqft
17 Jun 2021SoldReady
AED 2,600,000AED 1,392 per sqft
1 Sep 2020RentedRenewal
AED 115,000/yr12 months · AED 62 per sqft
11 Mar 2019SoldReady
AED 1,680,201AED 899 per sqft
7 Dec 2018RentedRenewal
AED 160,000/yr12 months · AED 86 per sqft
7 Dec 2017RentedNew contract
AED 160,000/yr12 months · AED 86 per sqft
1 Dec 2016RentedNew contract
AED 175,000/yr12 months · AED 94 per sqft
25 Nov 2014RentedNew contract
AED 183,750/yr12 months · AED 99 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 January 2023.

Key facts

Type
2-bed apartment
Size
1,867 sqft
Floor
4th of 14
Parking
2-B167
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,100 /yr
Last sold
AED 3.1M · January 2023

About 404, Marina Residences 2

404 is a two-bedroom apartment of 1,867 sqft on the 4th 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 January 2023 for AED 3,100,000, or AED 1,660 per sqft, 32% above the AED 1,256 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 September 2020, is AED 115,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 31,100 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Marina Residences 2
2M4M2009201420192024Typical sale price by year: 2009 AED 2,823,700; 2010 AED 2,801,650; 2011 AED 2,594,650; 2012 AED 2,404,800; 2013 AED 2,437,000; 2014 AED 2,700,000; 2015 AED 2,605,350; 2017 AED 2,425,000; 2018 AED 2,100,000; 2019 AED 1,680,201; 2020 AED 1,610,000; 2021 AED 2,150,000; 2022 AED 2,427,500; 2023 AED 2,925,000; 2024 AED 3,650,000; 2025 AED 3,950,000Sold by developer, June 2013: AED 2,904,900 (AED 1,556 per sqft)Sold, March 2019: AED 1,680,201 (AED 899 per sqft)Sold, June 2021: AED 2,600,000 (AED 1,392 per sqft)Sold, January 2023: AED 3,100,000 (AED 1,660 per sqft)

404 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, each contractTypical two-bed in Marina Residences 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 155,000; 2018 AED 141,500; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 132,297; 2023 AED 149,625; 2024 AED 190,000; 2025 AED 200,000; 2026 AED 220,000New contract, November 2014: AED 183,750 a yearNew contract, December 2016: AED 175,000 a yearNew contract, December 2017: AED 160,000 a yearRenewal, December 2018: AED 160,000 a yearRenewal, September 2020: AED 115,000 a year

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 404 sits

All 102 2-beds →

404 last sold in January 2023 at AED 1,660 per sqft, 32% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,256). 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. 404's AED 115,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 20254,450,000
16 Jun 20254,000,000
30 May 20254,300,000
23 May 20254,180,000
1 2-bed sale in the last 12 months

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. 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%
Marina Residences 2, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 158 units in Marina Residences 2
Value
4012-bedAED 2.59M · Jan 2014
4022-bedAED 2.81M · Dec 2010
4032-bedAED 2.86M · Dec 2010
4053-bedAED 3.69M · Oct 2010
4063-bedAED 10.5M · Feb 2025
4073-bedAED 3.69M · Mar 2010
4082-bedAED 2.9M · Mar 2010
1–7 of 10

404, Marina Residences 2 in numbers

  • Sold 4 times: first on 16 June 2013 for AED 2,904,900, last on 26 January 2023 for AED 3,100,000 (AED 1,660 per sqft).
  • Rented since November 2014 on 5 Ejari contracts, from AED 183,750 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 31,100 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 26 January 2023.

Questions about 404, Marina Residences 2

What did unit 404 last sell for?

AED 3,100,000 on 26 January 2023: AED 1,660 per sqft for 1,867 sqft. The unit has 4 registered sales; the first was AED 2,904,900 in June 2013.

What is the rent for unit 404?

AED 115,000 a year on the contract renewed on 1 September 2020. The previous contract, from December 2018, was AED 160,000; the unit has been rented since November 2014.

How big is unit 404?

1,867 sqft (173.5 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 404 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 404? 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.

How OpenOffers works

Mortgage on 404, Marina Residences 2

Starts from the last sale price (AED 3.1M, 26 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →