301, Marina Residences 3
Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Marina Residences 3
What is 301 worth today?
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Source: Dubai Land Department. Updated 20 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,950 sqft
- Floor
- 3rd of 14
- Parking
- 3-B296
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 32,500 /yr
- Last sold
- AED 2.65M · September 2023
- Building
- Marina Residences 3
About 301, Marina Residences 3
301 is a two-bedroom apartment of 1,950 sqft on the 3rd floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 20 September 2023 for AED 2,650,000, or AED 1,358 per sqft, 7% above the AED 1,264 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 July 2019, is AED 115,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 32,500 a year.
Sales and rents for 301 over time
301 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 301 sits
All 114 2-beds →301 last sold in September 2023 at AED 1,358 per sqft, 7% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,264). 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. 301's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 1,975 sqft | 3,300,000 | 1,670 | ||
| 21 Aug 202621 August 2026 | 2,044 sqft | 3,330,000 | 1,629 | ||
| 4 Aug 20264 August 2026 | 1,735 sqft | 3,850,000 | 2,219 | ||
| 29 Jul 202629 July 2026 | 1,778 sqft | 4,100,000 | 2,305 |
Marina Residences 3
Building165 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%
Other units on the 3rd floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 2-bed | 2,041 sqft | AED 3.8MAED 3,800,000 · Nov 2024November 2024 | 126,000 /yr | |
| 303 | 2-bed | 1,935 sqft | AED 2.02MAED 2,020,000 · May 2023May 2023 | 215,000 /yr | |
| 304 | 2-bed | 1,858 sqft | AED 2.1MAED 2,096,400 · Dec 2010December 2010 | 165,000 /yr | |
| 305 | 3-bed | 2,440 sqft | AED 3.63MAED 3,627,000 · Jun 2011June 2011 | 174,500 /yr | |
| 306 | 3-bed | 4,053 sqft | AED 5.9MAED 5,900,000 · Sep 2022September 2022 | 225,000 /yr | |
| 307 | 3-bed | 2,440 sqft | AED 1.85MAED 1,850,000 · Feb 2021February 2021 | 300,000 /yr | |
| 308 | 2-bed | 1,858 sqft | AED 2.5MAED 2,500,000 · Jun 2015June 2015 | 310,000 /yr | |
| 309 | 2-bed | 1,935 sqft | AED 2.28MAED 2,283,000 · Jul 2019July 2019 | 59,839 /yr | |
| 310 | 2-bed | 2,041 sqft | AED 1.93MAED 1,930,000 · Oct 2021October 2021 | 98,000 /yr | |
| 311 | 2-bed | 1,950 sqft | AED 1.45MAED 1,450,000 · Nov 2010November 2010 | 155,000 /yr |
301, Marina Residences 3 in numbers
- Sold 3 times: first on 28 December 2011 for AED 1,252,200, last on 20 September 2023 for AED 2,650,000 (AED 1,358 per sqft).
- Rented since March 2013 on 4 Ejari contracts, from AED 125,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 32,500 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 September 2023.
Questions about 301, Marina Residences 3
What did unit 301 last sell for?
AED 2,650,000 on 20 September 2023: AED 1,358 per sqft for 1,950 sqft. The unit has 3 registered sales; the first was AED 1,252,200 in December 2011.
What is the rent for unit 301?
AED 115,000 a year on the contract renewed on 1 July 2019. The previous contract, from June 2017, was AED 145,000; the unit has been rented since March 2013.
How big is unit 301?
1,950 sqft (181.2 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.
What is unit 301 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 301, Marina Residences 3
Starts from the last sale price (AED 2.65M, 20 September 2023). 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 →