2-bed · 873 sqftMarina Residences 3, Palm Jumeirah · 10th floor · completed 2009

1008, Marina Residences 3

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 25 February 2025
Last soldAED 1.36M27 March 2024
Current rentAED 200K /yr25 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Marina Residences 3

What is 1008 worth today?

Last sold for AED 1,362,481 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Feb 2025RentedRenewal
AED 200,000/yr1 months · AED 115 per sqft
25 Feb 2025RentedRenewal
AED 200,000/yr1 months · AED 115 per sqft
25 Dec 2024RentedRenewal
AED 152,022/yr2 months · AED 87 per sqft
27 Mar 2024SoldReady
AED 1,362,481AED 1,560 per sqft
25 Dec 2023RentedRenewal
AED 132,193/yr12 months · AED 76 per sqft
25 Dec 2022RentedRenewal
AED 114,950/yr12 months · AED 66 per sqft
25 Dec 2021RentedRenewal
AED 105,000/yr12 months · AED 60 per sqft
25 Dec 2020RentedNew contract
AED 95,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 25 February 2025.

Key facts

Type
2-bed apartment
Size
873 sqft
Floor
10th of 14
Parking
3-LG221
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 14,600 /yr
Last sold
AED 1.36M · March 2024

About 1008, Marina Residences 3

1008 is a two-bedroom apartment of 873 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 27 March 2024 for AED 1,362,481, or AED 1,560 per sqft, 12% above the AED 1,393 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 25 February 2025, is AED 200,000 a year: a gross yield of 14.7% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in Marina Residences 3
2M4M2010201520202025Typical sale price by year: 2010 AED 2,689,500; 2011 AED 2,670,000; 2012 AED 2,130,000; 2013 AED 2,012,750; 2014 AED 2,647,900; 2015 AED 2,606,650; 2016 AED 2,650,000; 2017 AED 2,567,500; 2018 AED 1,936,766; 2019 AED 1,748,000; 2020 AED 1,497,500; 2021 AED 1,865,000; 2022 AED 2,350,000; 2023 AED 2,662,500; 2024 AED 3,000,000; 2025 AED 3,500,000; 2026 AED 3,850,000Sold by developer, March 2012: AED 2,880,000 (AED 1,649 per sqft)Sold, March 2024: AED 1,362,481 (AED 1,560 per sqft)

1008 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in Marina Residences 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 122,500; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 149,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 110,000; 2021 AED 108,000; 2022 AED 126,500; 2023 AED 140,000; 2024 AED 170,156; 2025 AED 190,000; 2026 AED 190,000New contract, April 2014: AED 121,000 a yearNew contract, June 2016: AED 150,000 a yearNew contract, October 2018: AED 120,000 a yearNew contract, December 2019: AED 105,000 a yearNew contract, December 2020: AED 95,000 a yearRenewal, December 2021: AED 105,000 a yearRenewal, December 2022: AED 114,950 a yearRenewal, December 2023: AED 132,193 a yearRenewal, December 2024: AED 152,022 a yearRenewal, February 2025: AED 200,000 a yearRenewal, February 2025: AED 200,000 a year

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 1008 sits

All 114 2-beds →

1008 last sold in March 2024 at AED 1,560 per sqft, 12% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,393). 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. 1008's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Sep 20263,300,000
21 Aug 20263,330,000
4 Aug 20263,850,000
29 Jul 20264,100,000
9 2-bed sales in the last 12 months

Marina Residences 3

Building

165 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%
Marina Residences 3, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 165 units in Marina Residences 3
Value
10012-bedAED 1.8M · Sep 2011
10022-bedAED 2.65M · Jun 2016
10032-bedAED 2.9M · Jul 2014
10042-bedAED 2.2M · Aug 2018
10053-bedAED 1.1M · Sep 2020
10063-bedAED 3.8M · Aug 2022
10073-bedAED 4.05M · Jun 2024
1–7 of 11

1008, Marina Residences 3 in numbers

  • Sold twice: first on 27 March 2012 for AED 2,880,000, last on 27 March 2024 for AED 1,362,481 (AED 1,560 per sqft).
  • Rented since April 2014 on 11 Ejari contracts. The rent fell from AED 121,000 to AED 95,000 in 2020 and recovered to AED 200,000 by February 2025.
  • At AED 200,000 a year the gross yield on the 2024 price is 14.7%, before a service charge of about AED 14,600 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 25 February 2025.

Questions about 1008, Marina Residences 3

What did unit 1008 last sell for?

AED 1,362,481 on 27 March 2024: AED 1,560 per sqft for 873 sqft. The unit has 2 registered sales; the first was AED 2,880,000 in March 2012.

What is the rent for unit 1008?

AED 200,000 a year on the contract renewed on 25 February 2025. The previous contract, from February 2025, was AED 200,000; the unit has been rented since April 2014.

How big is unit 1008?

873 sqft (81.1 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1008 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.

Selling 1008? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1008, Marina Residences 3

Starts from the last sale price (AED 1.36M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,362,481
Deposit, UAE resident (20%)
AED 272,496
Deposit, non-resident (40%)
AED 544,992
Monthly over 25 years at 3.7%
AED 5,574

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