Home
Dubai prices
About
Research
2-bed · 2,019 sqftMarina Residences 3, Palm Jumeirah · 13th floor · completed 2009

1311, Marina Residences 3

Sold prices and rental history: sold once, by the developer in July 2016, and rented once, from July 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 1 July 2017
Last soldAED 2.65M21 July 2016
Current rentAED 145K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1311

Property timeline for 1311, Marina Residences 3

What is 1311 worth today?

Last sold for AED 2,650,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2017RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
21 Jul 2016Sold by developerReady
AED 2,650,000AED 1,312 per sqft

Source: Dubai Land Department. Updated 1 July 2017.

Key facts

Type
2-bed apartment
Size
2,019 sqft
Floor
13th of 14
Parking
CB1-217, CB1-288
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 33,700 /yr
Last sold
AED 2.65M · July 2016
Building
Marina Residences 3

About 1311, Marina Residences 3

1311 is a two-bedroom apartment of 2,019 sqft on the 13th 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 21 July 2016 for AED 2,650,000, or AED 1,312 per sqft, 12% below the AED 1,490 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2017. The current contract, signed on 1 July 2017, is AED 145,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 33,700 a year.

Sales and rents for 1311 over time

Sales
Unit 1311, 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, July 2016: AED 2,650,000 (AED 1,312 per sqft)

1311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1311, 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, July 2017: AED 145,000 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 1311 sits

All 114 2-beds →

1311 last sold in July 2016 at AED 1,312 per sqft, 12% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,490). 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. 1311's AED 145,000 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 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
13073-bedAED 4.05M · Jan 2024
1–7 of 10

1311, Marina Residences 3 in numbers

  • Sold once: by The Palm - Jumeirah Co on 21 July 2016 for AED 2,650,000, or AED 1,312 per sqft.
  • Rented since July 2017 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 33,700 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 1 July 2017.

Questions about 1311, Marina Residences 3

What did unit 1311 last sell for?

AED 2,650,000 on 21 July 2016, sold by the developer: AED 1,312 per sqft for 2,019 sqft. It is the only registered sale of the unit.

What is the rent for unit 1311?

AED 145,000 a year on the contract signed on 1 July 2017.

How big is unit 1311?

2,019 sqft (187.6 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1311 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.

Selling 1311? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1311, Marina Residences 3

Starts from the last sale price (AED 2.65M, 21 July 2016). 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 →