2-bed · 2,037 sqftMarina Residences 3, Palm Jumeirah · 2nd floor · completed 2009

208, Marina Residences 3

Sold prices and rental history: sold 4 times, last in January 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 28 January 2022
Last soldAED 2.45M28 January 2022
Current rentAED 161K /yr5 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Marina Residences 3

What is 208 worth today?

Last sold for AED 2,450,000 in 2022

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28 Jan 2022SoldReady
AED 2,450,000AED 1,202 per sqft
4 Oct 2016SoldReady
AED 2,400,000AED 1,178 per sqft
5 Aug 2015RentedNew contract
AED 161,172/yr6 months · AED 79 per sqft
5 Feb 2015RentedRenewal
AED 161,172/yr6 months · AED 79 per sqft
5 Feb 2014RentedNew contract
AED 140,150/yr12 months · AED 69 per sqft
5 Feb 2013RentedNew contract
AED 126,500/yr12 months · AED 62 per sqft
30 Jul 2012SoldReady
AED 1,500,000AED 736 per sqft
5 Feb 2012RentedNew contract
AED 115,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 28 January 2022.

Key facts

Type
2-bed apartment
Size
2,037 sqft
Floor
2nd of 14
Parking
CB1-13
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,000 /yr
Last sold
AED 2.45M · January 2022

About 208, Marina Residences 3

208 is a two-bedroom apartment of 2,037 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 28 January 2022 for AED 2,450,000, or AED 1,202 per sqft, 9% above the AED 1,106 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 5 August 2015, is AED 161,172 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 34,000 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, March 2011: AED 2,670,000 (AED 1,310 per sqft)Sold, July 2012: AED 1,500,000 (AED 736 per sqft)Sold, October 2016: AED 2,400,000 (AED 1,178 per sqft)Sold, January 2022: AED 2,450,000 (AED 1,202 per sqft)

208 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 208, 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, February 2012: AED 115,000 a yearNew contract, February 2013: AED 126,500 a yearNew contract, February 2014: AED 140,150 a yearRenewal, February 2015: AED 161,172 a yearNew contract, August 2015: AED 161,172 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 208 sits

All 114 2-beds →

208 last sold in January 2022 at AED 1,202 per sqft, 9% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,106). 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. 208's AED 161,172 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
2012-bedAED 1.28M · Nov 2010
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
1–7 of 10

208, Marina Residences 3 in numbers

  • Sold 4 times: first on 3 March 2011 for AED 2,670,000, last on 28 January 2022 for AED 2,450,000 (AED 1,202 per sqft).
  • Rented since February 2012 on 5 Ejari contracts, from AED 115,000 to AED 161,172 a year.
  • At AED 161,172 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 34,000 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 28 January 2022.

Questions about 208, Marina Residences 3

What did unit 208 last sell for?

AED 2,450,000 on 28 January 2022: AED 1,202 per sqft for 2,037 sqft. The unit has 4 registered sales; the first was AED 2,670,000 in March 2011.

What is the rent for unit 208?

AED 161,172 a year on the contract signed on 5 August 2015. The previous contract, from February 2015, was AED 161,172; the unit has been rented since February 2012.

How big is unit 208?

2,037 sqft (189.2 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 208 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 208, Marina Residences 3

Starts from the last sale price (AED 2.45M, 28 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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