2-bed · 1,928 sqftMarina Residences 3, Palm Jumeirah · 4th floor · completed 2009

403, Marina Residences 3

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 3.75M1 November 2024
Current rentAED 133K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Marina Residences 3

What is 403 worth today?

Last sold for AED 3,750,000 in 2024

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1 Nov 2024SoldReady
AED 3,750,000AED 1,945 per sqft
15 Apr 2023RentedRenewal
AED 132,825/yr12 months · AED 69 per sqft
15 Apr 2022RentedRenewal
AED 126,500/yr12 months · AED 66 per sqft
15 Apr 2021RentedRenewal
AED 115,000/yr12 months · AED 60 per sqft
15 Apr 2020RentedRenewal
AED 123,000/yr12 months · AED 64 per sqft
15 Apr 2019RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
4 Jun 2012Sold by developerReady
AED 2,747,000AED 1,425 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,928 sqft
Floor
4th of 14
Parking
3-LG230,3-GB38
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,100 /yr
Last sold
AED 3.75M · November 2024

About 403, Marina Residences 3

403 is a two-bedroom apartment of 1,928 sqft on the 4th 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 2024 for AED 3,750,000, or AED 1,945 per sqft, 21% above the AED 1,604 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 132,825 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 32,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, June 2012: AED 2,747,000 (AED 1,425 per sqft)Sold, November 2024: AED 3,750,000 (AED 1,945 per sqft)

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

Rents
Unit 403, 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, April 2019: AED 130,000 a yearRenewal, April 2020: AED 123,000 a yearRenewal, April 2021: AED 115,000 a yearRenewal, April 2022: AED 126,500 a yearRenewal, April 2023: AED 132,825 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 403 sits

All 114 2-beds →

403 last sold in November 2024 at AED 1,945 per sqft, 21% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,604). 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. 403's AED 132,825 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 4th floor

All 165 units in Marina Residences 3
Value
4012-bedAED 3.48M · Aug 2025
4022-bedAED 2.98M · Jun 2013
4042-bedAED 2.76M · Sep 2011
4053-bedAED 4.95M · Aug 2024
4063-bedAED 9.5M · Mar 2025
4073-bedAED 3.54M · Jun 2011
4082-bedAED 1.95M · Apr 2012
1–7 of 10

403, Marina Residences 3 in numbers

  • Sold twice: first on 4 June 2012 for AED 2,747,000, last on 1 November 2024 for AED 3,750,000 (AED 1,945 per sqft).
  • Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 115,000 in 2021 and recovered to AED 132,825 by April 2023.
  • At AED 132,825 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 32,100 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 1 November 2024.

Questions about 403, Marina Residences 3

What did unit 403 last sell for?

AED 3,750,000 on 1 November 2024: AED 1,945 per sqft for 1,928 sqft. The unit has 2 registered sales; the first was AED 2,747,000 in June 2012.

What is the rent for unit 403?

AED 132,825 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 126,500; the unit has been rented since April 2019.

How big is unit 403?

1,928 sqft (179.1 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 403 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 403, Marina Residences 3

Starts from the last sale price (AED 3.75M, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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