G03, Marina Residences 2
Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G03, Marina Residences 2
What is G03 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,734 sqft
- Floor
- Ground of 14
- Parking
- CB1-146
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 45,600 /yr
- Last sold
- AED 3.4M · January 2013
- Building
- Marina Residences 2
About G03, Marina Residences 2
G03 is a three-bedroom apartment of 2,734 sqft on the ground 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 23 January 2013 for AED 3,403,000, or AED 1,244 per sqft, 7% below the AED 1,335 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 28 April 2024, is AED 325,000 a year: a gross yield of 9.6% on the 2013 price, before the service charge of about AED 45,600 a year.
Sales and rents for G03 over time
G03 has sold once; 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 G03 sits
All 46 3-beds →G03 last sold in January 2013 at AED 1,244 per sqft, 7% below what three-beds in Marina Residences 2 were fetching at the time (AED 1,335). Over the last 12 months three-beds sold for AED 6,700,000 to 12,900,000, around AED 2,965 per sqft, and rent for AED 254,100 to 1,100,000 a year. G03's AED 325,000 is in the lower half 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. 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 ground floor
All 158 units in Marina Residences 2G03, Marina Residences 2 in numbers
- Sold once: by The Palm - Jumeirah Co on 23 January 2013 for AED 3,403,000, or AED 1,244 per sqft.
- Rented since June 2012 on 7 Ejari contracts. The rent fell from AED 220,000 to AED 175,000 in 2018 and recovered to AED 325,000 by April 2024.
- At AED 325,000 a year the gross yield on the 2013 price is 9.6%, before a service charge of about AED 45,600 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 2,656 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 28 April 2024.
Questions about G03, Marina Residences 2
What did unit G03 last sell for?
AED 3,403,000 on 23 January 2013, sold by the developer: AED 1,244 per sqft for 2,734 sqft. It is the only registered sale of the unit.
What is the rent for unit G03?
AED 325,000 a year on the contract signed on 28 April 2024. The previous contract, from July 2018, was AED 175,000; the unit has been rented since June 2012.
How big is unit G03?
2,734 sqft (254.0 sqm): a three-bedroom apartment on the ground floor of a 14-storey tower completed in 2009.
What is unit G03 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 2,965 per sqft.
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Mortgage on G03, Marina Residences 2
Starts from the last sale price (AED 3.4M, 23 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,403,000
- Deposit, UAE resident (20%)
- AED 680,600
- Deposit, non-resident (40%)
- AED 1,361,200
- Monthly over 25 years at 3.7%
- AED 13,923
Plus AED 147,936 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →