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2-bed · 1,928 sqftMarina Residences 2, Palm Jumeirah · 4th floor · completed 2009

409, Marina Residences 2

Sold prices and rental history: sold twice, last in February 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 8 February 2011
Last soldAED 1.69M8 February 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Marina Residences 2

What is 409 worth today?

Last sold for AED 1,690,000 in 2011

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8 Feb 2011SoldReady
AED 1,690,000AED 876 per sqft
15 Dec 2009Sold by developerReady
AED 2,858,100AED 1,482 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2011.

Key facts

Type
2-bed apartment
Size
1,928 sqft
Floor
4th of 14
Parking
CB1-171
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,100 /yr
Last sold
AED 1.69M · February 2011
Building
Marina Residences 2

About 409, Marina Residences 2

409 is a two-bedroom apartment of 1,928 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 8 February 2011 for AED 1,690,000, or AED 876 per sqft, 43% below the AED 1,545 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, 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, December 2009: AED 2,858,100 (AED 1,482 per sqft)Sold, February 2011: AED 1,690,000 (AED 876 per sqft)

409 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 409, 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 220,000

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 409 sits

All 102 2-beds →

409 last sold in February 2011 at AED 876 per sqft, 43% below what two-beds in Marina Residences 2 were fetching at the time (AED 1,545). 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.

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
4042-bedAED 3.1M · Jan 2023
4053-bedAED 3.69M · Oct 2010
4063-bedAED 10.5M · Feb 2025
4073-bedAED 3.69M · Mar 2010
1–7 of 10

409, Marina Residences 2 in numbers

  • Sold twice: first on 15 December 2009 for AED 2,858,100, last on 8 February 2011 for AED 1,690,000 (AED 876 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 8 February 2011.

Questions about 409, Marina Residences 2

What did unit 409 last sell for?

AED 1,690,000 on 8 February 2011: AED 876 per sqft for 1,928 sqft. The unit has 2 registered sales; the first was AED 2,858,100 in December 2009.

How big is unit 409?

1,928 sqft (179.1 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 409 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 409, Marina Residences 2

Starts from the last sale price (AED 1.69M, 8 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,690,000
Deposit, UAE resident (20%)
AED 338,000
Deposit, non-resident (40%)
AED 676,000
Monthly over 25 years at 3.7%
AED 6,914

Plus AED 75,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →