2-bed · 1,735 sqftMarina Residences 2, Palm Jumeirah · 8th floor · completed 2009

809, Marina Residences 2

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 3.45M27 May 2024
Current rentAED 125K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Marina Residences 2

What is 809 worth today?

Last sold for AED 3,450,000 in 2024

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27 May 2024SoldReady
AED 3,450,000AED 1,988 per sqft
1 Sep 2023RentedRenewal
AED 125,034/yr7 months · AED 72 per sqft
1 Sep 2022RentedNew contract
AED 125,000/yr12 months · AED 72 per sqft
19 Aug 2021RentedNew contract
AED 125,000/yr12 months · AED 72 per sqft
27 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 61 per sqft
17 Sep 2018RentedRenewal
AED 140,000/yr12 months · AED 81 per sqft
17 Sep 2017RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
5 Jul 2016RentedRenewal
AED 165,000/yr12 months · AED 95 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2024.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
8th of 14
Parking
2-LG190
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 3.45M · May 2024

About 809, Marina Residences 2

809 is a two-bedroom apartment of 1,735 sqft on the 8th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 27 May 2024 for AED 3,450,000, or AED 1,988 per sqft, 14% above the AED 1,738 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 125,034 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 28,900 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical two-bed in Marina Residences 2
2M4M2009201420192024Typical sale price by year: 2009 AED 2,823,700; 2010 AED 2,801,650; 2011 AED 2,594,650; 2012 AED 2,404,800; 2013 AED 2,437,000; 2014 AED 2,700,000; 2015 AED 2,605,350; 2017 AED 2,425,000; 2018 AED 2,100,000; 2019 AED 1,680,201; 2020 AED 1,610,000; 2021 AED 2,150,000; 2022 AED 2,427,500; 2023 AED 2,925,000; 2024 AED 3,650,000; 2025 AED 3,950,000Sold by developer, October 2011: AED 2,739,000 (AED 1,578 per sqft)Sold, May 2024: AED 3,450,000 (AED 1,988 per sqft)

809 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 809, each contractTypical two-bed in Marina Residences 2
100K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 155,000; 2018 AED 141,500; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 132,297; 2023 AED 149,625; 2024 AED 190,000; 2025 AED 200,000; 2026 AED 220,000New contract, July 2015: AED 165,000 a yearRenewal, July 2016: AED 165,000 a yearNew contract, September 2017: AED 160,000 a yearRenewal, September 2018: AED 140,000 a yearNew contract, September 2020: AED 105,000 a yearNew contract, August 2021: AED 125,000 a yearNew contract, September 2022: AED 125,000 a yearRenewal, September 2023: AED 125,034 a year

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 809 sits

All 102 2-beds →

809 last sold in May 2024 at AED 1,988 per sqft, 14% above what two-beds in Marina Residences 2 were fetching at the time (AED 1,738). 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. 809's AED 125,034 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 20254,450,000
16 Jun 20254,000,000
30 May 20254,300,000
23 May 20254,180,000
1 2-bed sale 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 8th floor

All 158 units in Marina Residences 2
Value
8012-bedAED 2.63M · Feb 2011
8022-bedAED 2.53M · Apr 2022
8032-bedAED 2.79M · Mar 2010
8042-bedAED 3.5M · Apr 2025
8053-bedAED 1.67M · Nov 2023
8063-bedAED 5.82M · Mar 2016
8073-bedAED 3.08M · Sep 2021
1–7 of 10

809, Marina Residences 2 in numbers

  • Sold twice: first on 17 October 2011 for AED 2,739,000, last on 27 May 2024 for AED 3,450,000 (AED 1,988 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 165,000 to AED 105,000 in 2020 and recovered to AED 125,034 by September 2023.
  • At AED 125,034 a year the gross yield on the 2024 price is 3.6%, 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 27 May 2024.

Questions about 809, Marina Residences 2

What did unit 809 last sell for?

AED 3,450,000 on 27 May 2024: AED 1,988 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 2,739,000 in October 2011.

What is the rent for unit 809?

AED 125,034 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 125,000; the unit has been rented since July 2015.

How big is unit 809?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2009.

What is unit 809 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 809, Marina Residences 2

Starts from the last sale price (AED 3.45M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

Plus AED 149,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →