2-bed · 1,953 sqftMarina Residences 3, Palm Jumeirah · 2nd floor · completed 2009

201, Marina Residences 3

Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 20 March 2022
Last soldAED 1.28M1 November 2010
Current rentAED 95K /yr20 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Marina Residences 3

What is 201 worth today?

Last sold for AED 1,275,000 in 2010

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20 Mar 2022RentedRenewal
AED 95,000/yr12 months · AED 49 per sqft
20 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 46 per sqft
1 Dec 2014RentedNew contract
AED 100,000/yr12 months · AED 51 per sqft
1 Dec 2012RentedNew contract
AED 100,000/yr12 months · AED 51 per sqft
1 Nov 2010SoldReady
AED 1,275,000AED 652 per sqft
26 Sep 2010Sold by developerReady
AED 2,457,500AED 1,258 per sqft

Source: Dubai Land Department. Updated 20 March 2022.

Key facts

Type
2-bed apartment
Size
1,953 sqft
Floor
2nd of 14
Parking
CB1-271
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,600 /yr
Last sold
AED 1.28M · November 2010

About 201, Marina Residences 3

201 is a two-bedroom apartment of 1,953 sqft on the 2nd floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 1 November 2010 for AED 1,275,000, or AED 652 per sqft, 51% below the AED 1,321 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 20 March 2022, is AED 95,000 a year: a gross yield of 7.4% on the 2010 price, before the service charge of about AED 32,600 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, September 2010: AED 2,457,500 (AED 1,258 per sqft)Sold, November 2010: AED 1,275,000 (AED 652 per sqft)

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

Rents
Unit 201, 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, December 2012: AED 100,000 a yearNew contract, December 2014: AED 100,000 a yearNew contract, March 2021: AED 90,000 a yearRenewal, March 2022: AED 95,000 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 201 sits

All 114 2-beds →

201 last sold in November 2010 at AED 652 per sqft, 51% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,321). 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. 201's AED 95,000 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 2nd floor

All 165 units in Marina Residences 3
Value
2022-bedAED 2.75M · Nov 2021
2032-bedAED 2.9M · Feb 2023
2042-bedAED 4.5M · Jul 2025
2053-bedAED 4.3M · Jul 2023
2063-bedAED 6.15M · Aug 2023
2073-bedAED 4.85M · Apr 2026
2082-bedAED 2.45M · Jan 2022
1–7 of 10

201, Marina Residences 3 in numbers

  • Sold twice: first on 26 September 2010 for AED 2,457,500, last on 1 November 2010 for AED 1,275,000 (AED 652 per sqft).
  • Rented since December 2012 on 4 Ejari contracts, from AED 100,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2010 price is 7.4%, before a service charge of about AED 32,600 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 20 March 2022.

Questions about 201, Marina Residences 3

What did unit 201 last sell for?

AED 1,275,000 on 1 November 2010: AED 652 per sqft for 1,953 sqft. The unit has 2 registered sales; the first was AED 2,457,500 in September 2010.

What is the rent for unit 201?

AED 95,000 a year on the contract renewed on 20 March 2022. The previous contract, from March 2021, was AED 90,000; the unit has been rented since December 2012.

How big is unit 201?

1,953 sqft (181.4 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 201 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 201, Marina Residences 3

Starts from the last sale price (AED 1.28M, 1 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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