116, Emerald Residence
Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Emerald Residence
What is 116 worth today?
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Source: Dubai Land Department. Updated 3 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,420 sqft
- Floor
- 1st of 3
- Parking
- B12 & B13
- Developer
- Vakson First Property Development
- Completed
- 2011
- Service charge
- AED 41,200 /yr
- Last sold
- AED 3.5M · November 2008
- Building
- Emerald Residence
About 116, Emerald Residence
116 is a three-bedroom apartment of 2,420 sqft on the 1st floor of Emerald Residence, a 3-storey tower in Dubai Marina completed in 2011 by Vakson First Property Development . The developer sold it on 19 November 2008 for AED 3,500,000, or AED 1,446 per sqft, 77% above the AED 817 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 3 January 2026, is AED 205,000 a year: a gross yield of 5.9% on the 2008 price, before the service charge of about AED 41,200 a year.
Sales and rents for 116 over time
116 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 Emerald Residence, and where 116 sits
All 19 3-beds →116 last sold in November 2008 at AED 1,446 per sqft, 77% above what three-beds in Emerald Residence were fetching at the time (AED 817). 116's AED 205,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Dec 202328 December 2023 | 2,412 sqft | 2,200,000 | 912 | ||
| 24 Oct 202324 October 2023 | 2,420 sqft | 2,450,000 | 1,012 | ||
| 12 Sep 202312 September 2023 | 2,412 sqft | 2,240,000 | 928 | ||
| 31 Jul 202331 July 2023 | 2,412 sqft | 2,900,000 | 1,202 |
Emerald Residence
Building38 apartments, 1-bed to 4-bed over 3 floors in Dubai Marina, completed in 2011 by Vakson First Property Development . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 83K /yr
- Typical yield
Other units on the 1st floor
All 38 units in Emerald Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 692 sqft | AED 488KAED 488,000 · May 2008May 2008 | 95,000 /yr | |
| 102 | 3-bed | 2,420 sqft | AED 2.1MAED 2,100,000 · Mar 2023March 2023 | 95,000 /yr | |
| 103 | 1-bed | 697 sqft | AED 495KAED 495,000 · Mar 2008March 2008 | 69,000 /yr | |
| 104 | 3-bed | 2,412 sqft | AED 2.2MAED 2,200,000 · Dec 2023December 2023 | 55,440 /yr | |
| 105 | 2-bed | 1,377 sqft | AED 1.34MAED 1,340,000 · Mar 2017March 2017 | 57,750 /yr | |
| 106 | 3-bed | 2,412 sqft | AED 2.37MAED 2,370,000 · Mar 2008March 2008 | 52,553 /yr | |
| 107 | 2-bed | 1,377 sqft | AED 1.33MAED 1,325,000 · Nov 2016November 2016 | 59,325 /yr | |
| 108 | 3-bed | 2,377 sqft | AED 1.55MAED 1,550,000 · Nov 2019November 2019 | 78,276 /yr | |
| 109 | 1-bed | 697 sqft | AED 300KAED 300,000 · Mar 2019March 2019 | 70,000 /yr | |
| 110 | 3-bed | 2,377 sqft | AED 3.1MAED 3,100,000 · Sep 2014September 2014 | 193,000 /yr | |
| 111 | 1-bed | 692 sqft | AED 950KAED 950,000 · Feb 2025February 2025 | 50,000 /yr | |
| 112 | 3-bed | 2,412 sqft | AED 1.9MAED 1,900,000 · May 2021May 2021 | 165,900 /yr | |
| 114 | 3-bed | 2,412 sqft | AED 2.24MAED 2,240,000 · Sep 2023September 2023 | 170,000 /yr |
116, Emerald Residence in numbers
- Sold once: by Vakson First Property Development on 19 November 2008 for AED 3,500,000, or AED 1,446 per sqft.
- Rented since April 2016 on 8 Ejari contracts. The rent fell from AED 165,000 to AED 105,000 in 2021 and recovered to AED 205,000 by January 2026.
- At AED 205,000 a year the gross yield on the 2008 price is 5.9%, before a service charge of about AED 41,200 a year (AED 17.04 per sqft).
Source: Dubai Land Department. Updated 3 January 2026.
Questions about 116, Emerald Residence
What did unit 116 last sell for?
AED 3,500,000 on 19 November 2008, sold by the developer: AED 1,446 per sqft for 2,420 sqft. It is the only registered sale of the unit.
What is the rent for unit 116?
AED 205,000 a year on the contract signed on 3 January 2026. The previous contract, from May 2024, was AED 173,250; the unit has been rented since April 2016.
How big is unit 116?
2,420 sqft (224.8 sqm): a three-bedroom apartment on the 1st floor of a 3-storey tower completed in 2011.
What is unit 116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 116, Emerald Residence
Starts from the last sale price (AED 3.5M, 19 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →