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2-bed · 2,732 sqftMarina Residences 2, Palm Jumeirah · 10th floor · completed 2009

TH02, Marina Residences 2

Sold prices and rental history: sold 4 times, last in July 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH02 · DLD and Ejari recordsUpdated 30 July 2017
Last soldAED 3.2M30 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH02, Marina Residences 2

What is TH02 worth today?

Last sold for AED 3,200,000 in 2017

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30 Jul 2017SoldReady
AED 3,200,000AED 1,171 per sqft
26 Oct 2016SoldReady
AED 3,500,000AED 1,281 per sqft
12 Jun 2012SoldReady
AED 3,400,000AED 1,244 per sqft
31 Mar 2010Sold by developerReady
AED 5,163,900AED 1,890 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 July 2017.

Key facts

Type
2-bed apartment
Size
2,732 sqft
Floor
10th of 14
Parking
1
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,500 /yr
Last sold
AED 3.2M · July 2017
Building
Marina Residences 2

About TH02, Marina Residences 2

TH02 is a two-bedroom apartment of 2,732 sqft on the 10th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 30 July 2017 for AED 3,200,000, or AED 1,171 per sqft, in line with the AED 1,171 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for TH02 over time

Sales
Unit TH02, 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, March 2010: AED 5,163,900 (AED 1,890 per sqft)Sold, June 2012: AED 3,400,000 (AED 1,244 per sqft)Sold, October 2016: AED 3,500,000 (AED 1,281 per sqft)Sold, July 2017: AED 3,200,000 (AED 1,171 per sqft)

TH02 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH02, each contractTypical two-bed in Marina Residences 2
100K150K200K2012201620202024Typical 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 220,000

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 TH02 sits

All 102 2-beds →

TH02 last sold in July 2017 at AED 1,171 per sqft, in line with 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.

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 10th floor

All 158 units in Marina Residences 2
Value
10012-bedAED 2.15M · Oct 2021
10022-bedAED 2.85M · Apr 2023
10032-bedAED 3.19M · Mar 2015
10042-bedAED 2.28M · Apr 2018
10053-bedAED 4.2M · Apr 2024
10063-bedAED 8.9M · Oct 2023
10073-bedAED 3.97M · Aug 2022
1–7 of 11

TH02, Marina Residences 2 in numbers

  • Sold 4 times: first on 31 March 2010 for AED 5,163,900, last on 30 July 2017 for AED 3,200,000 (AED 1,171 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 30 July 2017.

Questions about TH02, Marina Residences 2

What did unit TH02 last sell for?

AED 3,200,000 on 30 July 2017: AED 1,171 per sqft for 2,732 sqft. The unit has 4 registered sales; the first was AED 5,163,900 in March 2010.

How big is unit TH02?

2,732 sqft (253.8 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit TH02 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 TH02, Marina Residences 2

Starts from the last sale price (AED 3.2M, 30 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →