3-bed · 2,524 sqftMarina Residences 3, Palm Jumeirah · 12th floor · completed 2009

1207, Marina Residences 3

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 23 August 2026
Last soldAED 3.53M1 March 2011
Current rentAED 240K /yr23 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Marina Residences 3

What is 1207 worth today?

Last sold for AED 3,530,000 in 2011

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23 Aug 2026RentedNew contract
AED 240,000/yr24 months · AED 95 per sqft
1 Aug 2025RentedRenewal
AED 273,000/yr12 months · AED 108 per sqft
1 Aug 2024RentedRenewal
AED 260,000/yr12 months · AED 103 per sqft
1 Aug 2023RentedNew contract
AED 260,000/yr12 months · AED 103 per sqft
18 May 2021RentedNew contract
AED 165,000/yr12 months · AED 65 per sqft
10 May 2020RentedRenewal
AED 165,000/yr12 months · AED 65 per sqft
10 May 2019RentedRenewal
AED 165,000/yr12 months · AED 65 per sqft
10 May 2018RentedNew contract
AED 165,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 23 August 2026.

Key facts

Type
3-bed apartment
Size
2,524 sqft
Floor
12th of 14
Parking
CLG-278, CLG-275
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 42,100 /yr
Last sold
AED 3.53M · March 2011

About 1207, Marina Residences 3

1207 is a three-bedroom apartment of 2,524 sqft on the 12th 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 1 March 2011 for AED 3,530,000, or AED 1,398 per sqft, 10% above the AED 1,275 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 23 August 2026, is AED 240,000 a year: a gross yield of 6.8% on the 2011 price, before the service charge of about AED 42,100 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical three-bed in Marina Residences 3
2.5M5M7.5M20102014201820222026Typical 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, March 2011: AED 3,530,000 (AED 1,398 per sqft)

1207 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1207, each contractTypical three-bed in Marina Residences 3
200K300K2012201620202024Typical 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, January 2013: AED 180,000 a yearNew contract, December 2013: AED 240,000 a yearNew contract, December 2014: AED 240,000 a yearNew contract, February 2016: AED 195,000 a yearNew contract, March 2017: AED 180,000 a yearNew contract, May 2018: AED 165,000 a yearRenewal, May 2019: AED 165,000 a yearRenewal, May 2020: AED 165,000 a yearNew contract, May 2021: AED 165,000 a yearNew contract, August 2023: AED 260,000 a yearRenewal, August 2024: AED 260,000 a yearRenewal, August 2025: AED 273,000 a yearNew contract, August 2026: AED 240,000 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 1207 sits

All 46 3-beds →

1207 last sold in March 2011 at AED 1,398 per sqft, 10% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,275). 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. 1207's AED 240,000 is in the lower 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
12063-bedAED 8.7M · Feb 2025
12082-bedAED 3.5M · Jun 2025
1–7 of 10

1207, Marina Residences 3 in numbers

  • Sold once: by The Palm - Jumeirah Co on 1 March 2011 for AED 3,530,000, or AED 1,398 per sqft.
  • Rented since January 2013 on 13 Ejari contracts, from AED 180,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2011 price is 6.8%, before a service charge of about AED 42,100 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 23 August 2026.

Questions about 1207, Marina Residences 3

What did unit 1207 last sell for?

AED 3,530,000 on 1 March 2011, sold by the developer: AED 1,398 per sqft for 2,524 sqft. It is the only registered sale of the unit.

What is the rent for unit 1207?

AED 240,000 a year on the contract signed on 23 August 2026. The previous contract, from August 2025, was AED 273,000; the unit has been rented since January 2013.

How big is unit 1207?

2,524 sqft (234.5 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1207 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 1207, Marina Residences 3

Starts from the last sale price (AED 3.53M, 1 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,530,000
Deposit, UAE resident (20%)
AED 706,000
Deposit, non-resident (40%)
AED 1,412,000
Monthly over 25 years at 3.7%
AED 14,442

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