505, Marina Residences 2
Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Marina Residences 2
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,439 sqft
- Floor
- 5th of 14
- Parking
- CG-64 & CB1-132
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 40,700 /yr
- Last sold
- AED 3.4M · September 2010
- Building
- Marina Residences 2
About 505, Marina Residences 2
505 is a three-bedroom apartment of 2,439 sqft on the 5th 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 19 September 2010 for AED 3,400,000, or AED 1,394 per sqft, 4% below the AED 1,452 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 320,000 a year: a gross yield of 9.4% on the 2010 price, before the service charge of about AED 40,700 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Marina Residences 2, and where 505 sits
All 46 3-beds →505 last sold in September 2010 at AED 1,394 per sqft, 4% below what three-beds in Marina Residences 2 were fetching at the time (AED 1,452). Over the last 12 months three-beds sold for AED 6,700,000 to 12,900,000, around AED 2,965 per sqft, and rent for AED 254,100 to 1,100,000 a year. 505's AED 320,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 4,054 sqft | 12,900,000 | 3,182 | ||
| 25 Apr 202525 April 2025 | 4,053 sqft | 10,800,000 | 2,664 | ||
| 10 Feb 202510 February 2025 | 4,054 sqft | 10,500,000 | 2,590 | ||
| 17 Oct 202417 October 2024 | 2,751 sqft | 5,200,000 | 1,890 |
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 5th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,870 sqft | AED 2.49MAED 2,485,000 · Dec 2022December 2022 | 110,000 /yr | |
| 502 | 2-bed | 1,735 sqft | AED 2MAED 2,000,000 · May 2018May 2018 | 165,000 /yr | |
| 503 | 2-bed | 1,735 sqft | AED 2.4MAED 2,400,000 · Jun 2021June 2021 | 150,000 /yr | |
| 504 | 2-bed | 1,746 sqft | AED 2.2MAED 2,200,000 · Nov 2012November 2012 | 225,000 /yr | |
| 506 | 3-bed | 4,053 sqft | AED 3.7MAED 3,700,000 · Oct 2011October 2011 | 140,000 /yr | |
| 507 | 2,439 sqft | AED 6.7MAED 6,700,000 · Nov 2025November 2025 | 140,000 /yr | ||
| 508 | 2-bed | 1,746 sqft | AED 3.67MAED 3,672,000 · May 2011May 2011 | 220,000 /yr | |
| 509 | 2-bed | 1,735 sqft | AED 4.18MAED 4,180,000 · May 2025May 2025 | 152,060 /yr | |
| 510 | 2-bed | 1,735 sqft | AED 3.73MAED 3,725,000 · Mar 2025March 2025 | 139,910 /yr | |
| 511 | 2-bed | 1,870 sqft | AED 1.85MAED 1,850,000 · Feb 2013February 2013 | 189,000 /yr |
505, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 19 September 2010 for AED 3,400,000, or AED 1,394 per sqft.
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 220,286 to AED 145,000 in 2020 and recovered to AED 320,000 by May 2025.
- At AED 320,000 a year the gross yield on the 2010 price is 9.4%, before a service charge of about AED 40,700 a year (AED 16.67 per sqft).
- Three-beds in Marina Residences 2 sold for AED 6,700,000–12,900,000 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 1 May 2025.
Questions about 505, Marina Residences 2
What did unit 505 last sell for?
AED 3,400,000 on 19 September 2010, sold by the developer: AED 1,394 per sqft for 2,439 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 320,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 320,000; the unit has been rented since September 2013.
How big is unit 505?
2,439 sqft (226.6 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 2 sold for AED 6,700,000 to 12,900,000 in the last 12 months, around AED 2,965 per sqft.
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Mortgage on 505, Marina Residences 2
Starts from the last sale price (AED 3.4M, 19 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →