3-bed · 2,439 sqftMarina Residences 2, Palm Jumeirah · 6th floor · completed 2009

607, Marina Residences 2

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 4.96M14 February 2011
Current rentAED 242K /yr11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Marina Residences 2

What is 607 worth today?

Last sold for AED 4,956,400 in 2011

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11 Oct 2024RentedRenewal
AED 241,500/yr12 months · AED 99 per sqft
11 Oct 2023RentedRenewal
AED 210,000/yr12 months · AED 86 per sqft
11 Oct 2021RentedRenewal
AED 165,000/yr12 months · AED 68 per sqft
18 Aug 2019RentedRenewal
AED 170,000/yr12 months · AED 70 per sqft
18 Aug 2017RentedRenewal
AED 220,000/yr12 months · AED 90 per sqft
18 Aug 2016RentedNew contract
AED 220,000/yr12 months · AED 90 per sqft
18 Aug 2014RentedNew contract
AED 220,000/yr12 months · AED 90 per sqft
18 Aug 2013RentedNew contract
AED 190,000/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 October 2024.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
6th of 14
Parking
CB1-22
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 4.96M · February 2011

About 607, Marina Residences 2

607 is a three-bedroom apartment of 2,439 sqft on the 6th 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 14 February 2011 for AED 4,956,400, or AED 2,032 per sqft, 59% above the AED 1,275 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 11 October 2024, is AED 241,500 a year: a gross yield of 4.9% on the 2011 price, before the service charge of about AED 40,700 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical three-bed in Marina Residences 2
5M2010201420182022Typical sale price by year: 2010 AED 4,257,500; 2011 AED 3,800,000; 2012 AED 3,370,700; 2013 AED 3,440,000; 2014 AED 4,000,000; 2015 AED 4,737,300; 2016 AED 1,800,000; 2019 AED 2,950,000; 2021 AED 3,237,500; 2022 AED 4,200,000; 2023 AED 4,435,450; 2024 AED 8,126,969Sold by developer, February 2011: AED 4,956,400 (AED 2,032 per sqft)

607 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 607, each contractTypical three-bed in Marina Residences 2
250K500K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 210,000; 2014 AED 213,000; 2015 AED 236,837; 2016 AED 225,375; 2017 AED 221,500; 2018 AED 195,000; 2019 AED 180,000; 2020 AED 147,000; 2021 AED 160,000; 2022 AED 169,000; 2023 AED 180,000; 2024 AED 276,375; 2025 AED 300,000; 2026 AED 640,000New contract, August 2013: AED 190,000 a yearNew contract, August 2014: AED 220,000 a yearNew contract, August 2016: AED 220,000 a yearRenewal, August 2017: AED 220,000 a yearRenewal, August 2019: AED 170,000 a yearRenewal, October 2021: AED 165,000 a yearRenewal, October 2023: AED 210,000 a yearRenewal, October 2024: AED 241,500 a year

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 607 sits

All 46 3-beds →

607 last sold in February 2011 at AED 2,032 per sqft, 59% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,275). Over the last 12 months three-beds sold for AED 6,700,000 to 12,900,000, around AED 2,911 per sqft, and rent for AED 254,100 to 1,100,000 a year. 607's AED 241,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 202612,900,000
25 Apr 202510,800,000
10 Feb 202510,500,000
17 Oct 20245,200,000
3 3-bed sales 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 6th floor

All 158 units in Marina Residences 2
Value
6012-bedAED 2.7M · Mar 2014
6022-bedAED 850K · Sep 2011
6032-bedAED 4.45M · Dec 2025
6042-bedAED 2.61M · Jul 2013
605AED 7.1M · Nov 2025
6063-bedAED 12.9M · Feb 2026
6082-bedAED 3.89M · Mar 2010
1–7 of 10

607, Marina Residences 2 in numbers

  • Sold once: by The Palm - Jumeirah Co on 14 February 2011 for AED 4,956,400, or AED 2,032 per sqft.
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 190,000 to AED 165,000 in 2021 and recovered to AED 241,500 by October 2024.
  • At AED 241,500 a year the gross yield on the 2011 price is 4.9%, 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 2,747 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 October 2024.

Questions about 607, Marina Residences 2

What did unit 607 last sell for?

AED 4,956,400 on 14 February 2011, sold by the developer: AED 2,032 per sqft for 2,439 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 241,500 a year on the contract renewed on 11 October 2024. The previous contract, from October 2023, was AED 210,000; the unit has been rented since August 2013.

How big is unit 607?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 607 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 2,911 per sqft.

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Mortgage on 607, Marina Residences 2

Starts from the last sale price (AED 4.96M, 14 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 4,956,400
Deposit, UAE resident (20%)
AED 991,280
Deposit, non-resident (40%)
AED 1,982,560
Monthly over 25 years at 3.7%
AED 20,278

Plus AED 213,179 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →