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2-bed · 1,778 sqftMarina Residences 3, Palm Jumeirah · 11th floor · completed 2009

1102, Marina Residences 3

Sold prices and rental history: sold once, by the developer in January 2011, and rented once, from January 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 1 January 2018
Last soldAED 3.49M10 January 2011
Current rentAED 145K /yr1 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1102, Marina Residences 3

What is 1102 worth today?

Last sold for AED 3,486,900 in 2011

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1 Jan 2018RentedNew contract
AED 145,000/yr24 months · AED 82 per sqft
10 Jan 2011Sold by developerReady
AED 3,486,900AED 1,961 per sqft

Source: Dubai Land Department. Updated 1 January 2018.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
11th of 14
Parking
CLG-218
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 3.49M · January 2011
Building
Marina Residences 3

About 1102, Marina Residences 3

1102 is a two-bedroom apartment of 1,778 sqft on the 11th 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 10 January 2011 for AED 3,486,900, or AED 1,961 per sqft, 40% above the AED 1,398 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2018. The current contract, signed on 1 January 2018, is AED 145,000 a year: a gross yield of 4.2% on the 2011 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, January 2011: AED 3,486,900 (AED 1,961 per sqft)

1102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, 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, January 2018: AED 145,000 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 1102 sits

All 114 2-beds →

1102 last sold in January 2011 at AED 1,961 per sqft, 40% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,398). 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. 1102's AED 145,000 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 11th floor

All 165 units in Marina Residences 3
Value
11012-bedAED 1.55M · Oct 2010
11032-bedAED 4M · Nov 2024
11042-bedAED 2.85M · Sep 2022
11053-bedAED 3.28M · Oct 2017
11063-bedAED 720K · Mar 2011
11073-bedAED 3.1M · Jun 2013
11082-bedAED 2.9M · Nov 2023
1–7 of 10

1102, Marina Residences 3 in numbers

  • Sold once: by The Palm - Jumeirah Co on 10 January 2011 for AED 3,486,900, or AED 1,961 per sqft.
  • Rented since January 2018 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2011 price is 4.2%, before a service charge of about AED 29,600 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 1 January 2018.

Questions about 1102, Marina Residences 3

What did unit 1102 last sell for?

AED 3,486,900 on 10 January 2011, sold by the developer: AED 1,961 per sqft for 1,778 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 145,000 a year on the contract signed on 1 January 2018.

How big is unit 1102?

1,778 sqft (165.2 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2009.

What is unit 1102 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 1102, Marina Residences 3

Starts from the last sale price (AED 3.49M, 10 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,486,900
Deposit, UAE resident (20%)
AED 697,380
Deposit, non-resident (40%)
AED 1,394,760
Monthly over 25 years at 3.7%
AED 14,266

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