TH04, Marina Residences 2
Sold prices and rental history: sold twice, last in September 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 TH04, Marina Residences 2
What is TH04 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 September 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 3,996 sqft
- Floor
- -1th of 14
- Parking
- Attached
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 66,600 /yr
- Last sold
- AED 3.48M · September 2021
- Building
- Marina Residences 2
About TH04, Marina Residences 2
TH04 is a three-bedroom apartment of 3,996 sqft on the -1th floor of Marina Residences 2, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 13 September 2021 for AED 3,475,000, or AED 869 per sqft, 11% below the AED 978 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 1 September 2020, is AED 160,000 a year: a gross yield of 4.6% on the 2021 price, before the service charge of about AED 66,600 a year.
Sales and rents for TH04 over time
TH04 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 TH04 sits
All 46 3-beds →TH04 last sold in September 2021 at AED 869 per sqft, 11% below what three-beds in Marina Residences 2 were fetching at the time (AED 978). 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. TH04's AED 160,000 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 -1th floor
All 158 units in Marina Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| LG01 | 3-bed | 2,751 sqft | AED 5.2MAED 5,200,000 · Oct 2024October 2024 | 150,000 /yr | |
| LG02 | 3-bed | 4,768 sqft | AED 5.76MAED 5,759,000 · Nov 2010November 2010 | 290,000 /yr | |
| LG03 | 3-bed | 2,751 sqft | AED 3.03MAED 3,031,040 · Dec 2010December 2010 | 250,000 /yr | |
| TH05 | 3-bed | 3,996 sqft | AED 4.3MAED 4,300,000 · Oct 2022October 2022 | 180,000 /yr | |
| TH06 | 2-bed | 4,090 sqft | AED 6MAED 6,000,000 · Jul 2024July 2024 | 192,179 /yr | |
| TH07 | 3-bed | 4,098 sqft | AED 5.16MAED 5,163,900 · Aug 2011August 2011 | 275,000 /yr | |
| TH08 | 3-bed | 4,045 sqft | AED 3MAED 3,000,000 · Dec 2020December 2020 |
TH04, Marina Residences 2 in numbers
- Sold twice: first on 15 March 2011 for AED 5,163,900, last on 13 September 2021 for AED 3,475,000 (AED 869 per sqft).
- Rented since October 2013 on 7 Ejari contracts, from AED 240,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2021 price is 4.6%, before a service charge of about AED 66,600 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 13 September 2021.
Questions about TH04, Marina Residences 2
What did unit TH04 last sell for?
AED 3,475,000 on 13 September 2021: AED 869 per sqft for 3,996 sqft. The unit has 2 registered sales; the first was AED 5,163,900 in March 2011.
What is the rent for unit TH04?
AED 160,000 a year on the contract renewed on 1 September 2020. The previous contract, from September 2019, was AED 160,000; the unit has been rented since October 2013.
How big is unit TH04?
3,996 sqft (371.2 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.
What is unit TH04 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 TH04, Marina Residences 2
Starts from the last sale price (AED 3.48M, 13 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,475,000
- Deposit, UAE resident (20%)
- AED 695,000
- Deposit, non-resident (40%)
- AED 1,390,000
- Monthly over 25 years at 3.7%
- AED 14,217
Plus AED 150,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →