1103, Marina Residences 3
Sold prices and rental history: sold 5 times, last in November 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 1103, Marina Residences 3
What is 1103 worth today?
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Source: Dubai Land Department. Updated 8 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 11th of 14
- Parking
- 3-LG216
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 4M · November 2024
- Building
- Marina Residences 3
About 1103, Marina Residences 3
1103 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. It last sold on 8 November 2024 for AED 4,000,000, or AED 2,249 per sqft, 39% above the AED 1,623 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 1 June 2024, is AED 160,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1103 over time
1103 has sold 5 times; 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 1103 sits
All 114 2-beds →1103 last sold in November 2024 at AED 2,249 per sqft, 39% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,623). 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. 1103's AED 160,000 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 11th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 2,019 sqft | AED 1.55MAED 1,550,000 · Oct 2010October 2010 | 159,500 /yr | |
| 1102 | 2-bed | 1,778 sqft | AED 3.49MAED 3,486,900 · Jan 2011January 2011 | 145,000 /yr | |
| 1104 | 2-bed | 1,746 sqft | AED 2.85MAED 2,850,000 · Sep 2022September 2022 | 126,500 /yr | |
| 1105 | 3-bed | 2,524 sqft | AED 3.28MAED 3,275,000 · Oct 2017October 2017 | 420,000 /yr | |
| 1106 | 3-bed | 4,053 sqft | AED 720KAED 720,000 · Mar 2011March 2011 | 130,000 /yr | |
| 1107 | 3-bed | 2,524 sqft | AED 3.1MAED 3,100,000 · Jun 2013June 2013 | 275,000 /yr | |
| 1108 | 2-bed | 1,746 sqft | AED 2.9MAED 2,900,000 · Nov 2023November 2023 | 212,000 /yr | |
| 1109 | 2-bed | 1,778 sqft | AED 1.74MAED 1,738,532 · Jul 2018July 2018 | 50,000 /yr | |
| 1110 | 2-bed | 1,778 sqft | AED 4.1MAED 4,100,000 · Jul 2026July 2026 | 135,000 /yr | |
| 1111 | 2-bed | 2,019 sqft | AED 2.5MAED 2,500,000 · Nov 2010November 2010 | 180,000 /yr |
1103, Marina Residences 3 in numbers
- Sold 5 times: first on 7 November 2013 for AED 1,988,100, last on 8 November 2024 for AED 4,000,000 (AED 2,249 per sqft).
- Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 115,000 in 2021 and recovered to AED 160,000 by June 2024.
- At AED 160,000 a year the gross yield on the 2024 price is 4.0%, 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 8 November 2024.
Questions about 1103, Marina Residences 3
What did unit 1103 last sell for?
AED 4,000,000 on 8 November 2024: AED 2,249 per sqft for 1,778 sqft. The unit has 5 registered sales; the first was AED 1,988,100 in November 2013.
What is the rent for unit 1103?
AED 160,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 145,000; the unit has been rented since May 2014.
How big is unit 1103?
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 1103 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 1103, Marina Residences 3
Starts from the last sale price (AED 4M, 8 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →