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3-bed · 2,734 sqftMarina Residences 1, Palm Jumeirah · Ground floor · completed 2009

G03, Marina Residences 1

Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 29 August 2026
Last soldAED 3.23M13 May 2022
Current rentAED 285K /yr29 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G03, Marina Residences 1

What is G03 worth today?

Last sold for AED 3,232,000 in 2022

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29 Aug 2026RentedNew contract
AED 285,000/yr12 months · AED 104 per sqft
30 Aug 2025RentedNew contract
AED 280,000/yr12 months · AED 102 per sqft
24 Oct 2023RentedRenewal
AED 275,000/yr12 months · AED 101 per sqft
24 Oct 2022RentedNew contract
AED 275,000/yr12 months · AED 101 per sqft
13 May 2022Sold by developerReady
AED 3,232,000AED 1,181 per sqft
1 Sep 2021RentedNew contract
AED 180,000/yr12 months · AED 66 per sqft
20 Nov 2020RentedRenewal
AED 165,000/yr12 months · AED 60 per sqft
20 Nov 2019RentedNew contract
AED 165,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 29 August 2026.

Key facts

Type
3-bed apartment
Size
2,734 sqft
Floor
Ground of 14
Parking
CB1+75
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,600 /yr
Last sold
AED 3.23M · May 2022
Building
Marina Residences 1

About G03, Marina Residences 1

G03 is a three-bedroom apartment of 2,734 sqft on the ground floor of Marina Residences 1, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 13 May 2022 for AED 3,232,000, or AED 1,181 per sqft, in line with the AED 1,184 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 29 August 2026, is AED 285,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 45,600 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical three-bed in Marina Residences 1
4M6M2009201420192024Typical sale price by year: 2009 AED 4,251,200; 2010 AED 3,556,950; 2011 AED 4,000,000; 2012 AED 2,664,750; 2013 AED 3,500,000; 2014 AED 4,943,650; 2015 AED 3,800,000; 2017 AED 4,675,000; 2019 AED 2,900,000; 2021 AED 3,350,000; 2022 AED 3,600,000; 2023 AED 4,400,000; 2024 AED 4,275,000; 2025 AED 5,650,000Sold by developer, May 2022: AED 3,232,000 (AED 1,181 per sqft)

G03 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G03, each contractTypical three-bed in Marina Residences 1
200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 207,500; 2014 AED 240,000; 2015 AED 240,000; 2016 AED 234,100; 2017 AED 190,000; 2018 AED 180,000; 2019 AED 165,000; 2020 AED 150,000; 2021 AED 169,150; 2022 AED 180,000; 2023 AED 224,682; 2024 AED 255,000; 2025 AED 295,000; 2026 AED 332,011New contract, October 2013: AED 280,000 a yearNew contract, October 2014: AED 290,000 a yearNew contract, November 2019: AED 165,000 a yearRenewal, November 2020: AED 165,000 a yearNew contract, September 2021: AED 180,000 a yearNew contract, October 2022: AED 275,000 a yearRenewal, October 2023: AED 275,000 a yearNew contract, August 2025: AED 280,000 a yearNew contract, August 2026: AED 285,000 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 1, and where G03 sits

All 49 3-beds →

G03 last sold in May 2022 at AED 1,181 per sqft, in line with what three-beds in Marina Residences 1 were fetching at the time (AED 1,184). Over the last 12 months three-beds sold for AED 11,375,000, around AED 2,806 per sqft, and rent for AED 199,407 to 600,000 a year. G03's AED 285,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Nov 202511,375,000
12 Jun 20255,650,000
21 Apr 20254,999,999
18 Oct 20244,300,000
1 3-bed sale in the last 12 months

Marina Residences 1

Building

162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 9 sold in the last 12 months.

Typical price per sqft
AED 2,176
Typical sale
AED 3.85M
Typical rent
AED 210K /yr
Typical yield
5.1%
Marina Residences 1, Palm Jumeirah: prices, sales and rents →

Other units on the ground floor

All 162 units in Marina Residences 1
Value
G013-bedAED 4.3M · Jun 2024
G023-bedAED 5.79M · Oct 2011

G03, Marina Residences 1 in numbers

  • Sold once: by The Palm - Jumeirah Co on 13 May 2022 for AED 3,232,000, or AED 1,181 per sqft.
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 280,000 to AED 165,000 in 2020 and recovered to AED 285,000 by August 2026.
  • At AED 285,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 45,600 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 1 sold for AED 11,375,000–11,375,000 in the 12 months to November 2026; the building's median across all types is AED 2,176 per sqft.

Source: Dubai Land Department. Updated 29 August 2026.

Questions about G03, Marina Residences 1

What did unit G03 last sell for?

AED 3,232,000 on 13 May 2022, sold by the developer: AED 1,181 per sqft for 2,734 sqft. It is the only registered sale of the unit.

What is the rent for unit G03?

AED 285,000 a year on the contract signed on 29 August 2026. The previous contract, from August 2025, was AED 280,000; the unit has been rented since October 2013.

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 1 sold for AED 11,375,000 to 11,375,000 in the last 12 months, around AED 2,806 per sqft.

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Mortgage on G03, Marina Residences 1

Starts from the last sale price (AED 3.23M, 13 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,232,000
Deposit, UAE resident (20%)
AED 646,400
Deposit, non-resident (40%)
AED 1,292,800
Monthly over 25 years at 3.7%
AED 13,223

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →