1308, Marina Residences 3
Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Marina Residences 3
What is 1308 worth today?
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Source: Dubai Land Department. Updated 10 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 13th of 14
- Parking
- 3-B214
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 2.65M · January 2024
- Building
- Marina Residences 3
About 1308, Marina Residences 3
1308 is a two-bedroom apartment of 1,746 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 3 January 2024 for AED 2,650,000, or AED 1,518 per sqft, 9% above the AED 1,393 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 10 September 2024, is AED 205,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 29,100 a year.
Sales and rents for 1308 over time
1308 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1308 sits
All 114 2-beds →1308 last sold in January 2024 at AED 1,518 per sqft, 9% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,393). 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. 1308's AED 205,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 1,975 sqft | 3,300,000 | 1,670 | ||
| 21 Aug 202621 August 2026 | 2,044 sqft | 3,330,000 | 1,629 | ||
| 4 Aug 20264 August 2026 | 1,735 sqft | 3,850,000 | 2,219 | ||
| 29 Jul 202629 July 2026 | 1,778 sqft | 4,100,000 | 2,305 |
Marina Residences 3
Building165 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%
Other units on the 13th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 2,019 sqft | AED 4MAED 4,000,000 · Apr 2026April 2026 | 190,582 /yr | |
| 1302 | 2-bed | 1,778 sqft | AED 608KAED 608,106 · Mar 2020March 2020 | 164,900 /yr | |
| 1303 | 2-bed | 1,778 sqft | AED 3MAED 3,000,000 · Jan 2016January 2016 | 129,651 /yr | |
| 1304 | 2-bed | 1,746 sqft | AED 3.15MAED 3,150,000 · Mar 2014March 2014 | ||
| 1305 | 3-bed | 2,524 sqft | AED 4.9MAED 4,900,000 · Jul 2024July 2024 | 211,680 /yr | |
| 1306 | 3-bed | 4,054 sqft | AED 4.48MAED 4,475,000 · Jun 2018June 2018 | 410,000 /yr | |
| 1307 | 3-bed | 2,524 sqft | AED 4.05MAED 4,050,000 · Jan 2024January 2024 | 180,000 /yr | |
| 1309 | 2-bed | 1,778 sqft | AED 2.9MAED 2,900,000 · Jan 2017January 2017 | 170,797 /yr | |
| 1310 | 2-bed | 1,778 sqft | AED 3.07MAED 3,065,000 · Jul 2024July 2024 | 135,000 /yr | |
| 1311 | 2-bed | 2,019 sqft | AED 2.65MAED 2,650,000 · Jul 2016July 2016 | 145,000 /yr |
1308, Marina Residences 3 in numbers
- Sold 3 times: first on 3 November 2010 for AED 3,618,700, last on 3 January 2024 for AED 2,650,000 (AED 1,518 per sqft).
- Rented since July 2016 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 115,000 in 2020 and recovered to AED 205,000 by September 2024.
- At AED 205,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 29,100 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 10 September 2024.
Questions about 1308, Marina Residences 3
What did unit 1308 last sell for?
AED 2,650,000 on 3 January 2024: AED 1,518 per sqft for 1,746 sqft. The unit has 3 registered sales; the first was AED 3,618,700 in November 2010.
What is the rent for unit 1308?
AED 205,000 a year on the contract signed on 10 September 2024. The previous contract, from June 2023, was AED 132,300; the unit has been rented since July 2016.
How big is unit 1308?
1,746 sqft (162.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.
What is unit 1308 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 1308, Marina Residences 3
Starts from the last sale price (AED 2.65M, 3 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →