706, Marina Residences 2
Sold prices and rental history: sold twice, last in November 2021, 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 706, Marina Residences 2
What is 706 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 4,054 sqft
- Floor
- 7th of 14
- Parking
- 2-LG177, 2-LG178
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 5.2M · November 2021
- Building
- Marina Residences 2
About 706, Marina Residences 2
706 is a three-bedroom apartment of 4,054 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 4 November 2021 for AED 5,200,000, or AED 1,282 per sqft, 12% above the AED 1,147 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 23 June 2021, is AED 189,000 a year: a gross yield of 3.6% on the 2021 price, before the service charge of about AED 67,600 a year.
Sales and rents for 706 over time
706 has sold twice; 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 706 sits
All 46 3-beds →706 last sold in November 2021 at AED 1,282 per sqft, 12% above what three-beds in Marina Residences 2 were fetching at the time (AED 1,147). 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. 706's AED 189,000 is at the bottom 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. 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 | |
| 703 | 2-bed | 1,735 sqft | AED 2.77MAED 2,770,000 · Jun 2011June 2011 | 112,000 /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 | ||
| 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 |
706, Marina Residences 2 in numbers
- Sold twice: first on 3 March 2011 for AED 6,504,400, last on 4 November 2021 for AED 5,200,000 (AED 1,282 per sqft).
- Rented since January 2013 on 7 Ejari contracts, from AED 280,000 to AED 189,000 a year.
- At AED 189,000 a year the gross yield on the 2021 price is 3.6%, before a service charge of about AED 67,600 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 4 November 2021.
Questions about 706, Marina Residences 2
What did unit 706 last sell for?
AED 5,200,000 on 4 November 2021: AED 1,282 per sqft for 4,054 sqft. The unit has 2 registered sales; the first was AED 6,504,400 in March 2011.
What is the rent for unit 706?
AED 189,000 a year on the contract renewed on 23 June 2021. The previous contract, from June 2019, was AED 210,000; the unit has been rented since January 2013.
How big is unit 706?
4,054 sqft (376.6 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 706 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 706, Marina Residences 2
Starts from the last sale price (AED 5.2M, 4 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 5,200,000
- Deposit, UAE resident (20%)
- AED 1,040,000
- Deposit, non-resident (40%)
- AED 2,080,000
- Monthly over 25 years at 3.7%
- AED 21,275
Plus AED 223,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →