Home
Dubai prices
About
Research
3-bed · 4,947 sqftMarina Residences 2, Palm Jumeirah · Ground floor · completed 2009

G02, Marina Residences 2

Sold prices and rental history: sold twice, last in June 2022, and rented once, from October 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 5.5M23 June 2022
Current rentAED 390K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Marina Residences 2

What is G02 worth today?

Last sold for AED 5,500,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Oct 2023RentedNew contract
AED 390,000/yr12 months · AED 79 per sqft
23 Jun 2022SoldReady
AED 5,500,000AED 1,111 per sqft
23 May 2011Sold by developerReady
AED 2,897,000AED 585 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2023.

Key facts

Type
3-bed apartment
Size
4,947 sqft
Floor
Ground of 14
Parking
CB1-257, CB1-258
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 82,500 /yr
Last sold
AED 5.5M · June 2022
Building
Marina Residences 2

About G02, Marina Residences 2

G02 is a three-bedroom apartment of 4,947 sqft on the ground floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 23 June 2022 for AED 5,500,000, or AED 1,111 per sqft, 12% below the AED 1,260 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2023. The current contract, signed on 20 October 2023, is AED 390,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 82,500 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, May 2011: AED 2,897,000 (AED 585 per sqft)Sold, June 2022: AED 5,500,000 (AED 1,111 per sqft)

G02 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G02, 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, October 2023: AED 390,000 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 G02 sits

All 46 3-beds →

G02 last sold in June 2022 at AED 1,111 per sqft, 12% below what three-beds in Marina Residences 2 were fetching at the time (AED 1,260). 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. G02's AED 390,000 is in the lower half 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 ground floor

All 158 units in Marina Residences 2
Value
G013-bedAED 3.4M · Aug 2011
G033-bedAED 3.4M · Jan 2013

G02, Marina Residences 2 in numbers

  • Sold twice: first on 23 May 2011 for AED 2,897,000, last on 23 June 2022 for AED 5,500,000 (AED 1,111 per sqft).
  • Rented since October 2023 on one Ejari contract, at AED 390,000 a year.
  • At AED 390,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 82,500 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 20 October 2023.

Questions about G02, Marina Residences 2

What did unit G02 last sell for?

AED 5,500,000 on 23 June 2022: AED 1,111 per sqft for 4,947 sqft. The unit has 2 registered sales; the first was AED 2,897,000 in May 2011.

What is the rent for unit G02?

AED 390,000 a year on the contract signed on 20 October 2023.

How big is unit G02?

4,947 sqft (459.6 sqm): a three-bedroom apartment on the ground floor of a 14-storey tower completed in 2009.

What is unit G02 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.

Selling G02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G02, Marina Residences 2

Starts from the last sale price (AED 5.5M, 23 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

Plus AED 236,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →