3-bed · 2,524 sqftMarina Residences 3, Palm Jumeirah · 13th floor · completed 2009

1305, Marina Residences 3

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 26 July 2024
Last soldAED 4.9M26 July 2024
Current rentAED 212K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Marina Residences 3

What is 1305 worth today?

Last sold for AED 4,900,000 in 2024

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26 Jul 2024SoldReady
AED 4,900,000AED 1,940 per sqft
15 Jul 2024RentedRenewal
AED 211,680/yr12 months · AED 84 per sqft
15 Jul 2023RentedRenewal
AED 176,400/yr12 months · AED 70 per sqft
15 Jul 2022RentedRenewal
AED 168,000/yr12 months · AED 66 per sqft
15 Jul 2021RentedNew contract
AED 160,000/yr12 months · AED 63 per sqft
11 Oct 2019RentedNew contract
AED 165,000/yr12 months · AED 65 per sqft
15 Jun 2018RentedRenewal
AED 170,000/yr12 months · AED 67 per sqft
15 Jun 2017RentedNew contract
AED 190,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 26 July 2024.

Key facts

Type
3-bed apartment
Size
2,524 sqft
Floor
13th of 14
Parking
3-LG279
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 42,100 /yr
Last sold
AED 4.9M · July 2024

About 1305, Marina Residences 3

1305 is a three-bedroom apartment of 2,524 sqft on the 13th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 26 July 2024 for AED 4,900,000, or AED 1,940 per sqft, 21% above the AED 1,604 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 211,680 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 42,100 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, 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, November 2010: AED 4,710,800 (AED 1,866 per sqft)Sold, July 2012: AED 2,100,000 (AED 831 per sqft)Sold, April 2014: AED 4,200,000 (AED 1,663 per sqft)Sold, July 2024: AED 4,900,000 (AED 1,940 per sqft)

1305 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1305, 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, June 2013: AED 180,000 a yearNew contract, June 2015: AED 199,000 a yearNew contract, June 2017: AED 190,000 a yearRenewal, June 2018: AED 170,000 a yearNew contract, October 2019: AED 165,000 a yearNew contract, July 2021: AED 160,000 a yearRenewal, July 2022: AED 168,000 a yearRenewal, July 2023: AED 176,400 a yearRenewal, July 2024: AED 211,680 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 1305 sits

All 46 3-beds →

1305 last sold in July 2024 at AED 1,940 per sqft, 21% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,604). 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. 1305's AED 211,680 is at the bottom 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 13th floor

All 165 units in Marina Residences 3
Value
13012-bedAED 4M · Apr 2026
13022-bedAED 608K · Mar 2020
13032-bedAED 3M · Jan 2016
13042-bedAED 3.15M · Mar 2014
13063-bedAED 4.48M · Jun 2018
13073-bedAED 4.05M · Jan 2024
13082-bedAED 2.65M · Jan 2024
1–7 of 10

1305, Marina Residences 3 in numbers

  • Sold 4 times: first on 25 November 2010 for AED 4,710,800, last on 26 July 2024 for AED 4,900,000 (AED 1,940 per sqft).
  • Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 160,000 in 2021 and recovered to AED 211,680 by July 2024.
  • At AED 211,680 a year the gross yield on the 2024 price is 4.3%, 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 26 July 2024.

Questions about 1305, Marina Residences 3

What did unit 1305 last sell for?

AED 4,900,000 on 26 July 2024: AED 1,940 per sqft for 2,524 sqft. The unit has 4 registered sales; the first was AED 4,710,800 in November 2010.

What is the rent for unit 1305?

AED 211,680 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 176,400; the unit has been rented since June 2013.

How big is unit 1305?

2,524 sqft (234.5 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1305 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 1305, Marina Residences 3

Starts from the last sale price (AED 4.9M, 26 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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