704, Marina Residences 2
Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Marina Residences 2
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 7th of 14
- Parking
- CB1-145
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 2.5M · January 2018
- Building
- Marina Residences 2
About 704, Marina Residences 2
704 is a two-bedroom apartment of 1,746 sqft on the 7th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 31 January 2018 for AED 2,500,000, or AED 1,432 per sqft, 22% above the AED 1,171 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 27 June 2024, is AED 151,000 a year: a gross yield of 6.0% on the 2018 price, before the service charge of about AED 29,100 a year.
Sales and rents for 704 over time
704 has sold twice; 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 704 sits
All 102 2-beds →704 last sold in January 2018 at AED 1,432 per sqft, 22% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,171). 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. 704's AED 151,000 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. 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 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 | |
| 703 | 2-bed | 1,735 sqft | AED 2.77MAED 2,770,000 · Jun 2011June 2011 | 112,000 /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 |
704, Marina Residences 2 in numbers
- Sold twice: first on 18 March 2010 for AED 3,713,300, last on 31 January 2018 for AED 2,500,000 (AED 1,432 per sqft).
- Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 112,000 in 2020 and recovered to AED 151,000 by June 2024.
- At AED 151,000 a year the gross yield on the 2018 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 2,656 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 27 June 2024.
Questions about 704, Marina Residences 2
What did unit 704 last sell for?
AED 2,500,000 on 31 January 2018: AED 1,432 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 3,713,300 in March 2010.
What is the rent for unit 704?
AED 151,000 a year on the contract renewed on 27 June 2024. The previous contract, from June 2023, was AED 137,000; the unit has been rented since April 2018.
How big is unit 704?
1,746 sqft (162.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 704 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 704, Marina Residences 2
Starts from the last sale price (AED 2.5M, 31 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →