2-bed · 1,975 sqftMarina Residences 3, Palm Jumeirah · 1st floor · completed 2009

101, Marina Residences 3

Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 2.39M2 November 2010
Current rentAED 114K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Marina Residences 3

What is 101 worth today?

Last sold for AED 2,386,800 in 2010

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1 May 2023RentedRenewal
AED 113,905/yr12 months · AED 58 per sqft
1 May 2022RentedRenewal
AED 100,396/yr12 months · AED 51 per sqft
1 May 2021RentedRenewal
AED 89,475/yr12 months · AED 45 per sqft
15 Feb 2021RentedRenewal
AED 93,747/yr2 months · AED 47 per sqft
15 Aug 2020RentedNew contract
AED 93,950/yr6 months · AED 47 per sqft
16 May 2017RentedRenewal
AED 119,500/yr12 months · AED 60 per sqft
16 May 2016RentedNew contract
AED 140,000/yr12 months · AED 71 per sqft
2 Nov 2010Sold by developerReady
AED 2,386,800AED 1,208 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
2-bed apartment
Size
1,975 sqft
Floor
1st of 14
Parking
CB1-218
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,900 /yr
Last sold
AED 2.39M · November 2010

About 101, Marina Residences 3

101 is a two-bedroom apartment of 1,975 sqft on the 1st floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 2 November 2010 for AED 2,386,800, or AED 1,208 per sqft, 9% below the AED 1,321 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 113,905 a year: a gross yield of 4.8% on the 2010 price, before the service charge of about AED 32,900 a year.

Sales and rents for 101 over time

Sales
Unit 101, 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, November 2010: AED 2,386,800 (AED 1,208 per sqft)

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

Rents
Unit 101, 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, May 2016: AED 140,000 a yearRenewal, May 2017: AED 119,500 a yearNew contract, August 2020: AED 93,950 a yearRenewal, February 2021: AED 93,747 a yearRenewal, May 2021: AED 89,475 a yearRenewal, May 2022: AED 100,396 a yearRenewal, May 2023: AED 113,905 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 101 sits

All 114 2-beds →

101 last sold in November 2010 at AED 1,208 per sqft, 9% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,321). 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. 101's AED 113,905 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 1st floor

All 165 units in Marina Residences 3
Value
1022-bedAED 2.75M · Mar 2014
1032-bedAED 4M · Mar 2025
1042-bedAED 2.75M · Nov 2010
1053-bedAED 2.85M · Jun 2021
1063-bedAED 6.13M · Nov 2010
1073-bedAED 3.15M · Feb 2011
1082-bedAED 2.13M · Jun 2013
1–7 of 10

101, Marina Residences 3 in numbers

  • Sold once: by The Palm - Jumeirah Co on 2 November 2010 for AED 2,386,800, or AED 1,208 per sqft.
  • Rented since May 2016 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 89,475 in 2021 and recovered to AED 113,905 by May 2023.
  • At AED 113,905 a year the gross yield on the 2010 price is 4.8%, before a service charge of about AED 32,900 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 1 May 2023.

Questions about 101, Marina Residences 3

What did unit 101 last sell for?

AED 2,386,800 on 2 November 2010, sold by the developer: AED 1,208 per sqft for 1,975 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 113,905 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 100,396; the unit has been rented since May 2016.

How big is unit 101?

1,975 sqft (183.5 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 101 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 101, Marina Residences 3

Starts from the last sale price (AED 2.39M, 2 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,386,800
Deposit, UAE resident (20%)
AED 477,360
Deposit, non-resident (40%)
AED 954,720
Monthly over 25 years at 3.7%
AED 9,765

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