LG03, Marina Residences 1
Sold prices and rental history: sold once, by the developer in March 2010, 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 LG03, Marina Residences 1
What is LG03 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,751 sqft
- Floor
- -1th of 14
- Parking
- CB1+73
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 45,900 /yr
- Last sold
- AED 1.69M · March 2010
- Building
- Marina Residences 1
About LG03, Marina Residences 1
LG03 is a three-bedroom apartment of 2,751 sqft on the -1th 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 3 March 2010 for AED 1,694,500, or AED 615 per sqft, 48% below the AED 1,190 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 372,600 a year: a gross yield of 22.0% on the 2010 price, before the service charge of about AED 45,900 a year.
Sales and rents for LG03 over time
LG03 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 1, and where LG03 sits
All 49 3-beds →LG03 last sold in March 2010 at AED 615 per sqft, 48% below what three-beds in Marina Residences 1 were fetching at the time (AED 1,190). 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. LG03's AED 372,600 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 4,053 sqft | 11,375,000 | 2,806 | ||
| 12 Jun 202512 June 2025 | 2,439 sqft | 5,650,000 | 2,316 | ||
| 21 Apr 202521 April 2025 | 2,751 sqft | 4,999,999 | 1,817 | ||
| 18 Oct 202418 October 2024 | 2,439 sqft | 4,300,000 | 1,763 |
Marina Residences 1
Building162 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%
Other units on the -1th floor
All 162 units in Marina Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| LG01 | 3-bed | 2,751 sqft | AED 5MAED 4,999,999 · Apr 2025April 2025 | 235,000 /yr | |
| LG02 | 3-bed | 4,768 sqft | AED 5.2MAED 5,200,000 · Jun 2022June 2022 | 215,605 /yr | |
| TH01 | 2-bed | 4,045 sqft | AED 6.2MAED 6,200,000 · Dec 2024December 2024 | 162,460 /yr | |
| TH02 | 2-bed | 4,098 sqft | AED 5.75MAED 5,750,000 · Jul 2024July 2024 | 213,353 /yr | |
| TH03 | 3-bed | 4,090 sqft | AED 3.9MAED 3,900,000 · Jan 2023January 2023 | 170,000 /yr | |
| TH04 | 2-bed | 3,996 sqft | AED 4.99MAED 4,990,000 · Apr 2024April 2024 | 295,000 /yr | |
| TH05 | 3-bed | 3,996 sqft | AED 5.15MAED 5,150,000 · Aug 2014August 2014 | ||
| TH06 | 3-bed | 4,090 sqft | AED 4.4MAED 4,400,000 · Apr 2023April 2023 | 168,300 /yr | |
| TH07 | 3-bed | 4,098 sqft | AED 5MAED 5,000,000 · Jan 2022January 2022 | 199,407 /yr | |
| TH08 | 2-bed | 4,045 sqft | AED 7.6MAED 7,600,000 · Apr 2024April 2024 | 168,000 /yr |
LG03, Marina Residences 1 in numbers
- Sold once: by The Palm - Jumeirah Co on 3 March 2010 for AED 1,694,500, or AED 615 per sqft.
- Rented since April 2013 on 14 Ejari contracts. The rent fell from AED 200,000 to AED 135,000 in 2020 and recovered to AED 372,600 by November 2025.
- At AED 372,600 a year the gross yield on the 2010 price is 22.0%, before a service charge of about AED 45,900 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 1 November 2025.
Questions about LG03, Marina Residences 1
What did unit LG03 last sell for?
AED 1,694,500 on 3 March 2010, sold by the developer: AED 615 per sqft for 2,751 sqft. It is the only registered sale of the unit.
What is the rent for unit LG03?
AED 372,600 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 372,600; the unit has been rented since April 2013.
How big is unit LG03?
2,751 sqft (255.6 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.
What is unit LG03 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 LG03, Marina Residences 1
Starts from the last sale price (AED 1.69M, 3 March 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,694,500
- Deposit, UAE resident (20%)
- AED 338,900
- Deposit, non-resident (40%)
- AED 677,800
- Monthly over 25 years at 3.7%
- AED 6,933
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →