1001, Marina Residences 3
Sold prices and rental history: sold twice, last in September 2011, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Marina Residences 3
What is 1001 worth today?
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Source: Dubai Land Department. Updated 11 October 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 10th of 14
- Parking
- CB1-281
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 1.8M · September 2011
- Building
- Marina Residences 3
About 1001, Marina Residences 3
1001 is a two-bedroom apartment of 1,870 sqft on the 10th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 21 September 2011 for AED 1,800,000, or AED 962 per sqft, 28% below the AED 1,330 two-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 11 October 2020, is AED 95,000 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 31,200 a year.
Sales and rents for 1001 over time
1001 has sold twice; the dashed line is the two-bed median of each year in the building.
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 3, and where 1001 sits
All 114 2-beds →1001 last sold in September 2011 at AED 962 per sqft, 28% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,330). Over the last 12 months two-beds sold for AED 3,300,000 to 4,100,000, around AED 1,981 per sqft, and rent for AED 55,000 to 416,879 a year. 1001's AED 95,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 1,975 sqft | 3,300,000 | 1,670 | ||
| 21 Aug 202621 August 2026 | 2,044 sqft | 3,330,000 | 1,629 | ||
| 4 Aug 20264 August 2026 | 1,735 sqft | 3,850,000 | 2,219 | ||
| 29 Jul 202629 July 2026 | 1,778 sqft | 4,100,000 | 2,305 |
Marina Residences 3
Building165 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 13 sold in the last 12 months.
- Typical price per sqft
- AED 1,989 Up 0.6%
- Typical sale
- AED 3.85M
- Typical rent
- AED 195K /yr
- Typical yield
- 5.3%
Other units on the 10th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 1,778 sqft | AED 2.65MAED 2,650,000 · Jun 2016June 2016 | 188,000 /yr | |
| 1003 | 2-bed | 1,778 sqft | AED 2.9MAED 2,900,000 · Jul 2014July 2014 | 200,000 /yr | |
| 1004 | 2-bed | 1,746 sqft | AED 2.2MAED 2,200,000 · Aug 2018August 2018 | 150,000 /yr | |
| 1005 | 3-bed | 1,262 sqft | AED 1.1MAED 1,100,000 · Sep 2020September 2020 | 290,000 /yr | |
| 1006 | 3-bed | 4,054 sqft | AED 3.8MAED 3,800,000 · Aug 2022August 2022 | 210,000 /yr | |
| 1007 | 3-bed | 2,524 sqft | AED 4.05MAED 4,050,000 · Jun 2024June 2024 | 216,000 /yr | |
| 1008 | 2-bed | 873 sqft | AED 1.36MAED 1,362,481 · Mar 2024March 2024 | 200,000 /yr | |
| 1009 | 2-bed | 1,778 sqft | AED 3.42MAED 3,421,200 · May 2014May 2014 | 55,000 /yr | |
| 1010 | 2-bed | 1,778 sqft | AED 3.28MAED 3,280,000 · Oct 2024October 2024 | 172,000 /yr | |
| 1011 | 2-bed | 1,870 sqft | AED 2.48MAED 2,480,000 · Feb 2011February 2011 | 200,000 /yr | |
| TH02 | 2-bed | 4,069 sqft | AED 8.7MAED 8,700,000 · Apr 2024April 2024 | 180,000 /yr |
1001, Marina Residences 3 in numbers
- Sold twice: first on 3 November 2010 for AED 2,480,000, last on 21 September 2011 for AED 1,800,000 (AED 962 per sqft).
- Rented since March 2017 on 3 Ejari contracts, from AED 150,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2011 price is 5.3%, before a service charge of about AED 31,200 a year (AED 16.67 per sqft).
- Two-beds in Marina Residences 3 sold for AED 3,300,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,989 per sqft.
Source: Dubai Land Department. Updated 11 October 2020.
Questions about 1001, Marina Residences 3
What did unit 1001 last sell for?
AED 1,800,000 on 21 September 2011: AED 962 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 2,480,000 in November 2010.
What is the rent for unit 1001?
AED 95,000 a year on the contract signed on 11 October 2020. The previous contract, from April 2018, was AED 130,000; the unit has been rented since March 2017.
How big is unit 1001?
1,870 sqft (173.7 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1001 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 3 sold for AED 3,300,000 to 4,100,000 in the last 12 months, around AED 1,981 per sqft.
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Mortgage on 1001, Marina Residences 3
Starts from the last sale price (AED 1.8M, 21 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →