508, Marina Residences 2
Sold prices and rental history: sold once, by the developer in May 2011, 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 508, Marina Residences 2
What is 508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 5th of 14
- Parking
- CB1-166
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 3.67M · May 2011
- Building
- Marina Residences 2
About 508, Marina Residences 2
508 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. The developer sold it on 24 May 2011 for AED 3,672,000, or AED 2,103 per sqft, 41% above the AED 1,491 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 25 June 2025, is AED 220,000 a year: a gross yield of 6.0% on the 2011 price, before the service charge of about AED 29,100 a year.
Sales and rents for 508 over time
508 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 508 sits
All 102 2-beds →508 last sold in May 2011 at AED 2,103 per sqft, 41% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,491). 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. 508's AED 220,000 is in the upper half 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. 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%
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 | |
| 505 | 3-bed | 2,439 sqft | AED 3.4MAED 3,400,000 · Sep 2010September 2010 | 320,000 /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 | ||
| 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 |
508, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 24 May 2011 for AED 3,672,000, or AED 2,103 per sqft.
- Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2021 and recovered to AED 220,000 by June 2025.
- At AED 220,000 a year the gross yield on the 2011 price is 6.0%, 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 25 June 2025.
Questions about 508, Marina Residences 2
What did unit 508 last sell for?
AED 3,672,000 on 24 May 2011, sold by the developer: AED 2,103 per sqft for 1,746 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 220,000 a year on the contract renewed on 25 June 2025. The previous contract, from June 2024, was AED 220,000; the unit has been rented since June 2013.
How big is unit 508?
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 508 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 508? 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.
Mortgage on 508, Marina Residences 2
Starts from the last sale price (AED 3.67M, 24 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 3,672,000
- Deposit, UAE resident (20%)
- AED 734,400
- Deposit, non-resident (40%)
- AED 1,468,800
- Monthly over 25 years at 3.7%
- AED 15,023
Plus AED 159,234 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →