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

1307, Marina Residences 3

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 4.05M29 January 2024
Current rentAED 180K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Marina Residences 3

What is 1307 worth today?

Last sold for AED 4,050,000 in 2024

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7 Feb 2024RentedNew contract
AED 180,000/yr2 months · AED 71 per sqft
29 Jan 2024SoldReady
AED 4,050,000AED 1,604 per sqft
7 Feb 2022RentedRenewal
AED 154,000/yr12 months · AED 61 per sqft
7 Feb 2021RentedRenewal
AED 140,000/yr12 months · AED 55 per sqft
7 Feb 2020RentedRenewal
AED 165,000/yr12 months · AED 65 per sqft
7 Feb 2019RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft
28 Aug 2013SoldReady
AED 3,400,000AED 1,346 per sqft
24 Dec 2012RentedNew contract
AED 205,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
3-bed apartment
Size
2,524 sqft
Floor
13th of 14
Parking
3-LG280, 3-LG142
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 42,100 /yr
Last sold
AED 4.05M · January 2024

About 1307, Marina Residences 3

1307 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 29 January 2024 for AED 4,050,000, or AED 1,604 per sqft, 6% above the AED 1,515 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 7 February 2024, is AED 180,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 42,100 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, 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, April 2011: AED 4,621,800 (AED 1,830 per sqft)Sold, August 2013: AED 3,400,000 (AED 1,346 per sqft)Sold, January 2024: AED 4,050,000 (AED 1,604 per sqft)

1307 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1307, 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, December 2012: AED 205,000 a yearNew contract, February 2019: AED 180,000 a yearRenewal, February 2020: AED 165,000 a yearRenewal, February 2021: AED 140,000 a yearRenewal, February 2022: AED 154,000 a yearNew contract, February 2024: AED 180,000 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 1307 sits

All 46 3-beds →

1307 last sold in January 2024 at AED 1,604 per sqft, 6% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,515). 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. 1307's AED 180,000 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
13053-bedAED 4.9M · Jul 2024
13063-bedAED 4.48M · Jun 2018
13082-bedAED 2.65M · Jan 2024
1–7 of 10

1307, Marina Residences 3 in numbers

  • Sold 3 times: first on 19 April 2011 for AED 4,621,800, last on 29 January 2024 for AED 4,050,000 (AED 1,604 per sqft).
  • Rented since December 2012 on 6 Ejari contracts. The rent fell from AED 205,000 to AED 140,000 in 2021 and recovered to AED 180,000 by February 2024.
  • At AED 180,000 a year the gross yield on the 2024 price is 4.4%, 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 7 February 2024.

Questions about 1307, Marina Residences 3

What did unit 1307 last sell for?

AED 4,050,000 on 29 January 2024: AED 1,604 per sqft for 2,524 sqft. The unit has 3 registered sales; the first was AED 4,621,800 in April 2011.

What is the rent for unit 1307?

AED 180,000 a year on the contract signed on 7 February 2024. The previous contract, from February 2022, was AED 154,000; the unit has been rented since December 2012.

How big is unit 1307?

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 1307 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 1307, Marina Residences 3

Starts from the last sale price (AED 4.05M, 29 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

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