2-bed · 1,746 sqftMarina Residences 2, Palm Jumeirah · 5th floor · completed 2009

504, Marina Residences 2

Sold prices and rental history: sold 4 times, last in November 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 24 January 2025
Last soldAED 2.2M5 November 2012
Current rentAED 225K /yr24 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Marina Residences 2

What is 504 worth today?

Last sold for AED 2,200,000 in 2012

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24 Jan 2025RentedRenewal
AED 225,000/yr12 months · AED 129 per sqft
24 Jan 2024RentedRenewal
AED 210,000/yr12 months · AED 120 per sqft
24 Jan 2023RentedNew contract
AED 200,000/yr12 months · AED 115 per sqft
26 Jan 2022RentedNew contract
AED 175,000/yr12 months · AED 100 per sqft
16 Sep 2016RentedRenewal
AED 157,500/yr12 months · AED 90 per sqft
16 Sep 2014RentedNew contract
AED 155,000/yr12 months · AED 89 per sqft
16 Sep 2013RentedNew contract
AED 135,000/yr12 months · AED 77 per sqft
5 Nov 2012SoldReady
AED 2,200,000AED 1,260 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2025.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
5th of 14
Parking
CB1-168
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 2.2M · November 2012

About 504, Marina Residences 2

504 is a two-bedroom apartment of 1,746 sqft on the 5th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 5 November 2012 for AED 2,200,000, or AED 1,260 per sqft, 5% below the AED 1,326 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 24 January 2025, is AED 225,000 a year: a gross yield of 10.2% on the 2012 price, before the service charge of about AED 29,100 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, October 2010: AED 2,780,000 (AED 1,592 per sqft)Sold, March 2011: AED 2,116,800 (AED 1,212 per sqft)Sold, August 2012: AED 882,000 (AED 505 per sqft)Sold, November 2012: AED 2,200,000 (AED 1,260 per sqft)

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

Rents
Unit 504, 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, September 2012: AED 130,000 a yearNew contract, September 2013: AED 135,000 a yearNew contract, September 2014: AED 155,000 a yearRenewal, September 2016: AED 157,500 a yearNew contract, January 2022: AED 175,000 a yearNew contract, January 2023: AED 200,000 a yearRenewal, January 2024: AED 210,000 a yearRenewal, January 2025: AED 225,000 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 504 sits

All 102 2-beds →

504 last sold in November 2012 at AED 1,260 per sqft, 5% below what two-beds in Marina Residences 2 were fetching at the time (AED 1,326). 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. 504's AED 225,000 is in the upper half 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 5th floor

All 158 units in Marina Residences 2
Value
5012-bedAED 2.49M · Dec 2022
5022-bedAED 2M · May 2018
5032-bedAED 2.4M · Jun 2021
5053-bedAED 3.4M · Sep 2010
5063-bedAED 3.7M · Oct 2011
507AED 6.7M · Nov 2025
5082-bedAED 3.67M · May 2011
1–7 of 10

504, Marina Residences 2 in numbers

  • Sold 4 times: first on 26 October 2010 for AED 2,780,000, last on 5 November 2012 for AED 2,200,000 (AED 1,260 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 130,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2012 price is 10.2%, before a service charge of about AED 29,100 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 24 January 2025.

Questions about 504, Marina Residences 2

What did unit 504 last sell for?

AED 2,200,000 on 5 November 2012: AED 1,260 per sqft for 1,746 sqft. The unit has 4 registered sales; the first was AED 2,780,000 in October 2010.

What is the rent for unit 504?

AED 225,000 a year on the contract renewed on 24 January 2025. The previous contract, from January 2024, was AED 210,000; the unit has been rented since September 2012.

How big is unit 504?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.

What is unit 504 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 504, Marina Residences 2

Starts from the last sale price (AED 2.2M, 5 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →