2-bed · 1,778 sqftMarina Residences 3, Palm Jumeirah · 12th floor · completed 2009

1209, Marina Residences 3

Sold prices and rental history: sold twice, last 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 1209 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 1.5M17 March 2011
Current rentAED 195K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Marina Residences 3

What is 1209 worth today?

Last sold for AED 1,500,000 in 2011

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20 Sep 2026RentedRenewal
AED 195,000/yr12 months · AED 110 per sqft
20 Sep 2025RentedNew contract
AED 195,000/yr12 months · AED 110 per sqft
20 Sep 2024RentedRenewal
AED 195,000/yr12 months · AED 110 per sqft
20 Sep 2023RentedNew contract
AED 195,000/yr12 months · AED 110 per sqft
15 Aug 2022RentedNew contract
AED 126,000/yr12 months · AED 71 per sqft
15 Aug 2021RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
1 Aug 2020RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft
15 Feb 2020RentedRenewal
AED 139,366/yr5 months · AED 78 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
12th of 14
Parking
CB1-7
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 1.5M · March 2011

About 1209, Marina Residences 3

1209 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 17 March 2011 for AED 1,500,000, or AED 843 per sqft, 36% below the AED 1,326 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 195,000 a year: a gross yield of 13.0% on the 2011 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical two-bed in Marina Residences 3
2M4M2010201520202025Typical sale price by year: 2010 AED 2,689,500; 2011 AED 2,670,000; 2012 AED 2,130,000; 2013 AED 2,012,750; 2014 AED 2,647,900; 2015 AED 2,606,650; 2016 AED 2,650,000; 2017 AED 2,567,500; 2018 AED 1,936,766; 2019 AED 1,748,000; 2020 AED 1,497,500; 2021 AED 1,865,000; 2022 AED 2,350,000; 2023 AED 2,662,500; 2024 AED 3,000,000; 2025 AED 3,500,000; 2026 AED 3,850,000Sold by developer, September 2010: AED 3,521,000 (AED 1,980 per sqft)Sold, March 2011: AED 1,500,000 (AED 843 per sqft)

1209 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1209, each contractTypical two-bed in Marina Residences 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 122,500; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 149,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 110,000; 2021 AED 108,000; 2022 AED 126,500; 2023 AED 140,000; 2024 AED 170,156; 2025 AED 190,000; 2026 AED 190,000New contract, September 2013: AED 125,337 a yearNew contract, February 2015: AED 170,000 a yearNew contract, February 2016: AED 170,000 a yearRenewal, February 2017: AED 170,000 a yearRenewal, February 2018: AED 140,000 a yearRenewal, February 2019: AED 140,000 a yearRenewal, February 2020: AED 139,366 a yearNew contract, August 2020: AED 115,000 a yearNew contract, August 2021: AED 120,000 a yearNew contract, August 2022: AED 126,000 a yearNew contract, September 2023: AED 195,000 a yearRenewal, September 2024: AED 195,000 a yearNew contract, September 2025: AED 195,000 a yearRenewal, September 2026: AED 195,000 a year

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 1209 sits

All 114 2-beds →

1209 last sold in March 2011 at AED 843 per sqft, 36% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,326). 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. 1209's AED 195,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Sep 20263,300,000
21 Aug 20263,330,000
4 Aug 20263,850,000
29 Jul 20264,100,000
9 2-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
12073-bedAED 3.53M · Mar 2011
1–7 of 10

1209, Marina Residences 3 in numbers

  • Sold twice: first on 27 September 2010 for AED 3,521,000, last on 17 March 2011 for AED 1,500,000 (AED 843 per sqft).
  • Rented since September 2013 on 14 Ejari contracts, from AED 125,337 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2011 price is 13.0%, 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 20 September 2026.

Questions about 1209, Marina Residences 3

What did unit 1209 last sell for?

AED 1,500,000 on 17 March 2011: AED 843 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 3,521,000 in September 2010.

What is the rent for unit 1209?

AED 195,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 195,000; the unit has been rented since September 2013.

How big is unit 1209?

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 1209 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 1209, Marina Residences 3

Starts from the last sale price (AED 1.5M, 17 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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