1007, Marina Residences 3
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Marina Residences 3
What is 1007 worth today?
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Source: Dubai Land Department. Updated 20 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,524 sqft
- Floor
- 10th of 14
- Parking
- 3-B261
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 42,100 /yr
- Last sold
- AED 4.05M · June 2024
- Building
- Marina Residences 3
About 1007, Marina Residences 3
1007 is a three-bedroom apartment of 2,524 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 13 June 2024 for AED 4,050,000, or AED 1,604 per sqft, in line with the AED 1,561 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 216,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 42,100 a year.
Sales and rents for 1007 over time
1007 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 3, and where 1007 sits
All 46 3-beds →1007 last sold in June 2024 at AED 1,604 per sqft, in line with what three-beds in Marina Residences 3 were fetching at the time (AED 1,561). Over the last 12 months three-beds sold for AED 4,850,000 to 7,300,000, around AED 2,993 per sqft, and rent for AED 212,000 to 520,000 a year. 1007's AED 216,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 2,438 sqft | 4,850,000 | 1,989 | ||
| 2 Feb 20262 February 2026 | 2,439 sqft | 7,300,000 | 2,993 | ||
| 10 Nov 202510 November 2025 | 2,439 sqft | 7,300,000 | 2,993 | ||
| 4 Jun 20254 June 2025 | 2,751 sqft | 6,800,000 | 2,471 |
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 | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,870 sqft | AED 1.8MAED 1,800,000 · Sep 2011September 2011 | 95,000 /yr | |
| 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 | |
| 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 |
1007, Marina Residences 3 in numbers
- Sold twice: first on 5 September 2011 for AED 4,425,300, last on 13 June 2024 for AED 4,050,000 (AED 1,604 per sqft).
- Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 184,000 to AED 107,000 in 2020 and recovered to AED 216,000 by June 2024.
- At AED 216,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 42,100 a year (AED 16.67 per sqft).
- Three-beds in Marina Residences 3 sold for AED 4,850,000–7,300,000 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 20 June 2024.
Questions about 1007, Marina Residences 3
What did unit 1007 last sell for?
AED 4,050,000 on 13 June 2024: AED 1,604 per sqft for 2,524 sqft. The unit has 2 registered sales; the first was AED 4,425,300 in September 2011.
What is the rent for unit 1007?
AED 216,000 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 180,000; the unit has been rented since November 2014.
How big is unit 1007?
2,524 sqft (234.5 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1007 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 3 sold for AED 4,850,000 to 7,300,000 in the last 12 months, around AED 2,993 per sqft.
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Mortgage on 1007, Marina Residences 3
Starts from the last sale price (AED 4.05M, 13 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,050,000
- Deposit, UAE resident (20%)
- AED 810,000
- Deposit, non-resident (40%)
- AED 1,620,000
- Monthly over 25 years at 3.7%
- AED 16,570
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →