4-bed · 10,254 sqftMarina Residences 3, Palm Jumeirah · 14th floor · completed 2009

1405, Marina Residences 3

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 18 December 2023
Last soldAED 16M18 December 2023
Current rentAED 450K /yr5 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Marina Residences 3

What is 1405 worth today?

Last sold for AED 16,000,000 in 2023

Unlock today's estimate, updated daily, with

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

18 Dec 2023SoldReady
AED 16,000,000AED 1,560 per sqft
5 Jul 2021RentedNew contract
AED 450,000/yr12 months · AED 44 per sqft
7 Jun 2018RentedRenewal
AED 435,384/yr26 months · AED 42 per sqft
7 Jun 2017RentedNew contract
AED 475,000/yr12 months · AED 46 per sqft
7 May 2016RentedNew contract
AED 490,000/yr12 months · AED 48 per sqft
31 Jul 2011Sold by developerReady
AED 12,819,500AED 1,250 per sqft

Source: Dubai Land Department. Updated 18 December 2023.

Key facts

Type
4-bed apartment
Size
10,254 sqft
Floor
14th of 14
Parking
3-LG285, 3-GG33
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 170,900 /yr
Last sold
AED 16M · December 2023

About 1405, Marina Residences 3

1405 is a four-bedroom apartment of 10,254 sqft on the 14th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 18 December 2023 for AED 16,000,000, or AED 1,560 per sqft.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 5 July 2021, is AED 450,000 a year: a gross yield of 2.8% on the 2023 price, before the service charge of about AED 170,900 a year.

4-beds in Marina Residences 3, and where 1405 sits

All 4 4-beds →

Over the last 12 months four-beds sold for AED 12,840,000, around AED 1,252 per sqft, and rent for AED 750,000 to 750,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
2 Sep 202612,840,000
27 Sep 20129,000,000
13 Oct 201112,939,400
21 Aug 20112,900,000
1 4-bed sale 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 14th floor

All 165 units in Marina Residences 3
Value
14014-bedAED 12.84M · Sep 2026
14024-bedAED 11.23M · Aug 2011
14035-bedAED 14.15M · Feb 2023
14044-bedAED 2.9M · Aug 2011

1405, Marina Residences 3 in numbers

  • Sold twice: first on 31 July 2011 for AED 12,819,500, last on 18 December 2023 for AED 16,000,000 (AED 1,560 per sqft).
  • Rented since May 2016 on 4 Ejari contracts, from AED 490,000 to AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2023 price is 2.8%, before a service charge of about AED 170,900 a year (AED 16.67 per sqft).
  • Four-beds in Marina Residences 3 sold for AED 12,840,000–12,840,000 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 18 December 2023.

Questions about 1405, Marina Residences 3

What did unit 1405 last sell for?

AED 16,000,000 on 18 December 2023: AED 1,560 per sqft for 10,254 sqft. The unit has 2 registered sales; the first was AED 12,819,500 in July 2011.

What is the rent for unit 1405?

AED 450,000 a year on the contract signed on 5 July 2021. The previous contract, from June 2018, was AED 435,384; the unit has been rented since May 2016.

How big is unit 1405?

10,254 sqft (952.6 sqm): a four-bedroom apartment on the 14th floor of a 14-storey tower completed in 2009.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Marina Residences 3 sold for AED 12,840,000 to 12,840,000 in the last 12 months, around AED 1,252 per sqft.

Selling 1405? 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 1405, Marina Residences 3

Starts from the last sale price (AED 16M, 18 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 16,000,000
Deposit, UAE resident (20%)
AED 3,200,000
Deposit, non-resident (40%)
AED 6,400,000
Monthly over 25 years at 3.7%
AED 65,461

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