3-bed · 4,053 sqftMarina Residences 3, Palm Jumeirah · 12th floor · completed 2009

1206, Marina Residences 3

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 8.7M10 February 2025
Current rentAED 430K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Marina Residences 3

What is 1206 worth today?

Last sold for AED 8,700,000 in 2025

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10 Feb 2025SoldReady
AED 8,700,000AED 2,146 per sqft
5 Oct 2024RentedRenewal
AED 430,000/yr12 months · AED 106 per sqft
5 Oct 2023RentedNew contract
AED 430,000/yr12 months · AED 106 per sqft
15 Jun 2022RentedRenewal
AED 219,214/yr9 months · AED 54 per sqft
15 Jun 2021RentedRenewal
AED 200,000/yr12 months · AED 49 per sqft
15 Jun 2020RentedNew contract
AED 200,000/yr12 months · AED 49 per sqft
15 Oct 2014SoldReady
AED 7,000,000AED 1,726 per sqft
10 Oct 2010Sold by developerReady
AED 4,830,000AED 1,191 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
3-bed apartment
Size
4,053 sqft
Floor
12th of 14
Parking
3-LG248, 3-LG249
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 8.7M · February 2025

About 1206, Marina Residences 3

1206 is a three-bedroom apartment of 4,053 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 10 February 2025 for AED 8,700,000, or AED 2,146 per sqft, 9% above the AED 1,971 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 430,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 67,600 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical three-bed in Marina Residences 3
5M20102014201820222026Typical sale price by year: 2010 AED 3,700,000; 2011 AED 3,746,650; 2012 AED 3,400,000; 2013 AED 3,467,050; 2014 AED 4,350,000; 2015 AED 3,150,000; 2017 AED 3,087,500; 2020 AED 3,125,000; 2021 AED 2,850,000; 2022 AED 3,725,000; 2023 AED 4,165,000; 2024 AED 4,200,000; 2025 AED 8,000,000Sold by developer, October 2010: AED 4,830,000 (AED 1,191 per sqft)Sold, October 2014: AED 7,000,000 (AED 1,726 per sqft)Sold, February 2025: AED 8,700,000 (AED 2,146 per sqft)

1206 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1206, each contractTypical three-bed in Marina Residences 3
200K400K2012201620202024Typical rent by year: 2012 AED 212,500; 2013 AED 200,000; 2014 AED 225,500; 2015 AED 225,000; 2016 AED 210,000; 2017 AED 187,500; 2018 AED 175,000; 2019 AED 167,500; 2020 AED 160,000; 2021 AED 160,000; 2022 AED 173,250; 2023 AED 240,000; 2024 AED 255,000; 2025 AED 360,000; 2026 AED 356,500New contract, June 2020: AED 200,000 a yearRenewal, June 2021: AED 200,000 a yearRenewal, June 2022: AED 219,214 a yearNew contract, October 2023: AED 430,000 a yearRenewal, October 2024: AED 430,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Residences 3, and where 1206 sits

All 46 3-beds →

1206 last sold in February 2025 at AED 2,146 per sqft, 9% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,971). Over the last 12 months three-beds sold for AED 4,850,000 to 7,300,000, around AED 2,993 per sqft, and rent for AED 212,000 to 520,000 a year. 1206's AED 430,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Apr 20264,850,000
2 Feb 20267,300,000
10 Nov 20257,300,000
4 Jun 20256,800,000
3 3-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 12th floor

All 165 units in Marina Residences 3
Value
12012-bedAED 2.45M · Dec 2022
12022-bedAED 2.75M · Jan 2023
12032-bedAED 2.8M · Dec 2015
12042-bedAED 3.85M · Jun 2026
12053-bedAED 6.5M · Mar 2025
12073-bedAED 3.53M · Mar 2011
12082-bedAED 3.5M · Jun 2025
1–7 of 10

1206, Marina Residences 3 in numbers

  • Sold 3 times: first on 10 October 2010 for AED 4,830,000, last on 10 February 2025 for AED 8,700,000 (AED 2,146 per sqft).
  • Rented since June 2020 on 5 Ejari contracts, from AED 200,000 to AED 430,000 a year.
  • At AED 430,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 67,600 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 3 sold for AED 4,850,000–7,300,000 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 10 February 2025.

Questions about 1206, Marina Residences 3

What did unit 1206 last sell for?

AED 8,700,000 on 10 February 2025: AED 2,146 per sqft for 4,053 sqft. The unit has 3 registered sales; the first was AED 4,830,000 in October 2010.

What is the rent for unit 1206?

AED 430,000 a year on the contract renewed on 5 October 2024. The previous contract, from October 2023, was AED 430,000; the unit has been rented since June 2020.

How big is unit 1206?

4,053 sqft (376.5 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 3 sold for AED 4,850,000 to 7,300,000 in the last 12 months, around AED 2,993 per sqft.

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Mortgage on 1206, Marina Residences 3

Starts from the last sale price (AED 8.7M, 10 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,700,000
Deposit, UAE resident (20%)
AED 1,740,000
Deposit, non-resident (40%)
AED 3,480,000
Monthly over 25 years at 3.7%
AED 35,594

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