306, Marina Residences 3
Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Marina Residences 3
What is 306 worth today?
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Source: Dubai Land Department. Updated 27 September 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 4,053 sqft
- Floor
- 3rd of 14
- Parking
- CLG-237
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 5.9M · September 2022
- Building
- Marina Residences 3
About 306, Marina Residences 3
306 is a three-bedroom apartment of 4,053 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 27 September 2022 for AED 5,900,000, or AED 1,455 per sqft, in line with the AED 1,425 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 10 December 2020, is AED 225,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 67,600 a year.
Sales and rents for 306 over time
306 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 306 sits
All 46 3-beds →306 last sold in September 2022 at AED 1,455 per sqft, in line with what three-beds in Marina Residences 3 were fetching at the time (AED 1,425). 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. 306's AED 225,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 2,438 sqft | 4,850,000 | 1,989 | ||
| 2 Feb 20262 February 2026 | 2,439 sqft | 7,300,000 | 2,993 | ||
| 10 Nov 202510 November 2025 | 2,439 sqft | 7,300,000 | 2,993 | ||
| 4 Jun 20254 June 2025 | 2,751 sqft | 6,800,000 | 2,471 |
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 | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,950 sqft | AED 2.65MAED 2,650,000 · Sep 2023September 2023 | 115,000 /yr | |
| 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 | |
| 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 |
306, Marina Residences 3 in numbers
- Sold 4 times: first on 7 December 2011 for AED 5,693,300, last on 27 September 2022 for AED 5,900,000 (AED 1,455 per sqft).
- Rented since February 2015 on 5 Ejari contracts. The rent fell from AED 300,000 to AED 190,000 in 2019 and recovered to AED 225,000 by December 2020.
- At AED 225,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 67,600 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 27 September 2022.
Questions about 306, Marina Residences 3
What did unit 306 last sell for?
AED 5,900,000 on 27 September 2022: AED 1,455 per sqft for 4,053 sqft. The unit has 4 registered sales; the first was AED 5,693,300 in December 2011.
What is the rent for unit 306?
AED 225,000 a year on the contract signed on 10 December 2020. The previous contract, from September 2019, was AED 190,000; the unit has been rented since February 2015.
How big is unit 306?
4,053 sqft (376.5 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.
What is unit 306 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 306, Marina Residences 3
Starts from the last sale price (AED 5.9M, 27 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 5,900,000
- Deposit, UAE resident (20%)
- AED 1,180,000
- Deposit, non-resident (40%)
- AED 2,360,000
- Monthly over 25 years at 3.7%
- AED 24,139
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →