703, Marina Residences 2
Sold prices and rental history: sold once, by the developer in June 2011, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Marina Residences 2
What is 703 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 7th of 14
- Parking
- CB1-143
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2.77M · June 2011
- Building
- Marina Residences 2
About 703, Marina Residences 2
703 is a two-bedroom apartment of 1,735 sqft on the 7th 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 6 June 2011 for AED 2,770,000, or AED 1,596 per sqft, 7% above the AED 1,491 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 15 March 2021, is AED 112,000 a year: a gross yield of 4.0% on the 2011 price, before the service charge of about AED 28,900 a year.
Sales and rents for 703 over time
703 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 703 sits
All 102 2-beds →703 last sold in June 2011 at AED 1,596 per sqft, 7% 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. 703's AED 112,000 is at the bottom 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 7th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,870 sqft | AED 2.3MAED 2,301,700 · Jun 2015June 2015 | 167,000 /yr | |
| 702 | 2-bed | 1,735 sqft | AED 3.4MAED 3,400,000 · Jun 2024June 2024 | 132,835 /yr | |
| 704 | 2-bed | 1,746 sqft | AED 2.5MAED 2,500,000 · Jan 2018January 2018 | 151,000 /yr | |
| 705 | 3-bed | 2,439 sqft | AED 4.2MAED 4,200,000 · Aug 2022August 2022 | ||
| 706 | 3-bed | 4,054 sqft | AED 5.2MAED 5,200,000 · Nov 2021November 2021 | 189,000 /yr | |
| 707 | 3-bed | 2,439 sqft | AED 4.82MAED 4,815,300 · Mar 2010March 2010 | ||
| 708 | 2-bed | 1,746 sqft | AED 3.3MAED 3,300,000 · Aug 2024August 2024 | 245,000 /yr | |
| 709 | 2-bed | 1,735 sqft | AED 4MAED 4,000,000 · Jun 2025June 2025 | 153,000 /yr | |
| 710 | 2-bed | 1,735 sqft | AED 2.8MAED 2,800,000 · Nov 2015November 2015 | 218,500 /yr | |
| 711 | 2-bed | 1,870 sqft | AED 2.3MAED 2,301,700 · Apr 2015April 2015 | 169,000 /yr |
703, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 6 June 2011 for AED 2,770,000, or AED 1,596 per sqft.
- Rented since January 2020 on 2 Ejari contracts, from AED 140,000 to AED 112,000 a year.
- At AED 112,000 a year the gross yield on the 2011 price is 4.0%, before a service charge of about AED 28,900 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 15 March 2021.
Questions about 703, Marina Residences 2
What did unit 703 last sell for?
AED 2,770,000 on 6 June 2011, sold by the developer: AED 1,596 per sqft for 1,735 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 112,000 a year on the contract renewed on 15 March 2021. The previous contract, from January 2020, was AED 140,000.
How big is unit 703?
1,735 sqft (161.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 703 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 703, Marina Residences 2
Starts from the last sale price (AED 2.77M, 6 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,770,000
- Deposit, UAE resident (20%)
- AED 554,000
- Deposit, non-resident (40%)
- AED 1,108,000
- Monthly over 25 years at 3.7%
- AED 11,333
Plus AED 121,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →