1108, Marina Residences 3
Sold prices and rental history: sold 6 times, last in November 2023, 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 1108, Marina Residences 3
What is 1108 worth today?
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Source: Dubai Land Department. Updated 30 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 11th of 14
- Parking
- 3-B08
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 2.9M · November 2023
- Building
- Marina Residences 3
About 1108, Marina Residences 3
1108 is a two-bedroom apartment of 1,746 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 14 November 2023 for AED 2,900,000, or AED 1,661 per sqft, 28% above the AED 1,301 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 30 January 2024, is AED 212,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 29,100 a year.
Sales and rents for 1108 over time
1108 has sold 6 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 1108 sits
All 114 2-beds →1108 last sold in November 2023 at AED 1,661 per sqft, 28% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,301). 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. 1108's AED 212,000 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 | |
| 1103 | 2-bed | 1,778 sqft | AED 4MAED 4,000,000 · Nov 2024November 2024 | 160,000 /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 | |
| 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 |
1108, Marina Residences 3 in numbers
- Sold 6 times: first on 10 January 2011 for AED 2,646,600, last on 14 November 2023 for AED 2,900,000 (AED 1,661 per sqft).
- Rented since December 2014 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 105,000 in 2019 and recovered to AED 212,000 by January 2024.
- At AED 212,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 29,100 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 30 January 2024.
Questions about 1108, Marina Residences 3
What did unit 1108 last sell for?
AED 2,900,000 on 14 November 2023: AED 1,661 per sqft for 1,746 sqft. The unit has 6 registered sales; the first was AED 2,646,600 in January 2011.
What is the rent for unit 1108?
AED 212,000 a year on the contract signed on 30 January 2024. The previous contract, from December 2021, was AED 140,000; the unit has been rented since December 2014.
How big is unit 1108?
1,746 sqft (162.2 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2009.
What is unit 1108 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 1108, Marina Residences 3
Starts from the last sale price (AED 2.9M, 14 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →