1203, Marina Residences 3
Sold prices and rental history: sold twice, last in December 2015, and rented once, from June 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Marina Residences 3
What is 1203 worth today?
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Source: Dubai Land Department. Updated 28 December 2015.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 12th of 14
- Parking
- CB1-2
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 2.8M · December 2015
- Building
- Marina Residences 3
About 1203, Marina Residences 3
1203 is a two-bedroom apartment of 1,778 sqft on the 12th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 28 December 2015 for AED 2,800,000, or AED 1,574 per sqft, 5% above the AED 1,495 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2013. The current contract, signed on 1 June 2013, is AED 155,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1203 over time
1203 has sold twice; 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 1203 sits
All 114 2-beds →1203 last sold in December 2015 at AED 1,574 per sqft, 5% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,495). 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. 1203's AED 155,000 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 12th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 2,019 sqft | AED 2.45MAED 2,450,000 · Dec 2022December 2022 | 150,000 /yr | |
| 1202 | 2-bed | 1,778 sqft | AED 2.75MAED 2,750,000 · Jan 2023January 2023 | ||
| 1204 | 2-bed | 1,746 sqft | AED 3.85MAED 3,850,000 · Jun 2026June 2026 | 215,000 /yr | |
| 1205 | 3-bed | 2,524 sqft | AED 6.5MAED 6,500,000 · Mar 2025March 2025 | 170,000 /yr | |
| 1206 | 3-bed | 4,053 sqft | AED 8.7MAED 8,700,000 · Feb 2025February 2025 | 430,000 /yr | |
| 1207 | 3-bed | 2,524 sqft | AED 3.53MAED 3,530,000 · Mar 2011March 2011 | 240,000 /yr | |
| 1208 | 2-bed | 1,746 sqft | AED 3.5MAED 3,500,000 · Jun 2025June 2025 | 219,900 /yr | |
| 1209 | 2-bed | 1,778 sqft | AED 1.5MAED 1,500,000 · Mar 2011March 2011 | 195,000 /yr | |
| 1210 | 2-bed | 1,778 sqft | AED 3MAED 3,000,000 · Apr 2024April 2024 | 190,000 /yr | |
| 1211 | 2-bed | 2,019 sqft | AED 2.4MAED 2,400,000 · Jan 2017January 2017 | 149,390 /yr |
1203, Marina Residences 3 in numbers
- Sold twice: first on 1 February 2011 for AED 1,794,350, last on 28 December 2015 for AED 2,800,000 (AED 1,574 per sqft).
- Rented since June 2013 on one Ejari contract, at AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2015 price is 5.5%, 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 28 December 2015.
Questions about 1203, Marina Residences 3
What did unit 1203 last sell for?
AED 2,800,000 on 28 December 2015: AED 1,574 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 1,794,350 in February 2011.
What is the rent for unit 1203?
AED 155,000 a year on the contract signed on 1 June 2013.
How big is unit 1203?
1,778 sqft (165.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.
What is unit 1203 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 1203, Marina Residences 3
Starts from the last sale price (AED 2.8M, 28 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →