3-bed · 2,438 sqftMarina Residences 3, Palm Jumeirah · 2nd floor · completed 2009

205, Marina Residences 3

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 31 July 2023
Last soldAED 4.3M31 July 2023
Current rentAED 158K /yr9 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Marina Residences 3

What is 205 worth today?

Last sold for AED 4,300,000 in 2023

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31 Jul 2023SoldReady
AED 4,300,000AED 1,763 per sqft
9 Jul 2022RentedRenewal
AED 157,547/yr10 months · AED 64 per sqft
9 Jul 2021RentedRenewal
AED 145,000/yr12 months · AED 59 per sqft
9 Jul 2020RentedRenewal
AED 140,000/yr12 months · AED 57 per sqft
7 Jul 2019RentedRenewal
AED 164,118/yr12 months · AED 67 per sqft
7 Jul 2018RentedNew contract
AED 175,000/yr12 months · AED 72 per sqft
5 Jun 2017RentedNew contract
AED 200,000/yr12 months · AED 82 per sqft
1 Jun 2016RentedNew contract
AED 212,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 31 July 2023.

Key facts

Type
3-bed apartment
Size
2,438 sqft
Floor
2nd of 14
Parking
3-B226
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,600 /yr
Last sold
AED 4.3M · July 2023

About 205, Marina Residences 3

205 is a three-bedroom apartment of 2,438 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 31 July 2023 for AED 4,300,000, or AED 1,763 per sqft, 22% above the AED 1,445 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 9 July 2022, is AED 157,547 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 40,600 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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, October 2010: AED 3,565,600 (AED 1,462 per sqft)Sold, July 2023: AED 4,300,000 (AED 1,763 per sqft)

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

Rents
Unit 205, 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, April 2014: AED 230,000 a yearRenewal, April 2015: AED 245,000 a yearNew contract, June 2016: AED 212,000 a yearNew contract, June 2017: AED 200,000 a yearNew contract, July 2018: AED 175,000 a yearRenewal, July 2019: AED 164,118 a yearRenewal, July 2020: AED 140,000 a yearRenewal, July 2021: AED 145,000 a yearRenewal, July 2022: AED 157,547 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 205 sits

All 46 3-beds →

205 last sold in July 2023 at AED 1,763 per sqft, 22% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,445). 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. 205's AED 157,547 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 2nd floor

All 165 units in Marina Residences 3
Value
2012-bedAED 1.28M · Nov 2010
2022-bedAED 2.75M · Nov 2021
2032-bedAED 2.9M · Feb 2023
2042-bedAED 4.5M · Jul 2025
2063-bedAED 6.15M · Aug 2023
2073-bedAED 4.85M · Apr 2026
2082-bedAED 2.45M · Jan 2022
1–7 of 10

205, Marina Residences 3 in numbers

  • Sold twice: first on 6 October 2010 for AED 3,565,600, last on 31 July 2023 for AED 4,300,000 (AED 1,763 per sqft).
  • Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 230,000 to AED 140,000 in 2020 and recovered to AED 157,547 by July 2022.
  • At AED 157,547 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 40,600 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 31 July 2023.

Questions about 205, Marina Residences 3

What did unit 205 last sell for?

AED 4,300,000 on 31 July 2023: AED 1,763 per sqft for 2,438 sqft. The unit has 2 registered sales; the first was AED 3,565,600 in October 2010.

What is the rent for unit 205?

AED 157,547 a year on the contract renewed on 9 July 2022. The previous contract, from July 2021, was AED 145,000; the unit has been rented since April 2014.

How big is unit 205?

2,438 sqft (226.5 sqm): a three-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 205 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 205, Marina Residences 3

Starts from the last sale price (AED 4.3M, 31 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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