3-bed · 2,440 sqftMarina Residences 3, Palm Jumeirah · 4th floor · completed 2009

405, Marina Residences 3

Sold prices and rental history: sold 3 times, last in August 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 4.95M30 August 2024
Current rentAED 130K /yr6 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Marina Residences 3

What is 405 worth today?

Last sold for AED 4,950,000 in 2024

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30 Aug 2024SoldReady
AED 4,950,000AED 2,028 per sqft
26 Apr 2023SoldReady
AED 3,950,000AED 1,619 per sqft
6 Sep 2020RentedNew contract
AED 130,000/yr12 months · AED 53 per sqft
22 Jul 2020Sold by developerReady
AED 3,830,800AED 1,570 per sqft
22 Jun 2013RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
4th of 14
Parking
3-B230
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 4.95M · August 2024

About 405, Marina Residences 3

405 is a three-bedroom apartment of 2,440 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 30 August 2024 for AED 4,950,000, or AED 2,028 per sqft, 26% above the AED 1,604 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 6 September 2020, is AED 130,000 a year: a gross yield of 2.6% on the 2024 price, before the service charge of about AED 40,700 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, July 2020: AED 3,830,800 (AED 1,570 per sqft)Sold, April 2023: AED 3,950,000 (AED 1,619 per sqft)Sold, August 2024: AED 4,950,000 (AED 2,028 per sqft)

405 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 405, each contractTypical three-bed in Marina Residences 3
200K400K2012201620202024Typical 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, June 2013: AED 180,000 a yearNew contract, September 2020: AED 130,000 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 405 sits

All 46 3-beds →

405 last sold in August 2024 at AED 2,028 per sqft, 26% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,604). 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. 405's AED 130,000 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 4th floor

All 165 units in Marina Residences 3
Value
4012-bedAED 3.48M · Aug 2025
4022-bedAED 2.98M · Jun 2013
4032-bedAED 3.75M · Nov 2024
4042-bedAED 2.76M · Sep 2011
4063-bedAED 9.5M · Mar 2025
4073-bedAED 3.54M · Jun 2011
4082-bedAED 1.95M · Apr 2012
1–7 of 10

405, Marina Residences 3 in numbers

  • Sold 3 times: first on 22 July 2020 for AED 3,830,800, last on 30 August 2024 for AED 4,950,000 (AED 2,028 per sqft).
  • Rented since June 2013 on 2 Ejari contracts, from AED 180,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 2.6%, before a service charge of about AED 40,700 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 30 August 2024.

Questions about 405, Marina Residences 3

What did unit 405 last sell for?

AED 4,950,000 on 30 August 2024: AED 2,028 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 3,830,800 in July 2020.

What is the rent for unit 405?

AED 130,000 a year on the contract signed on 6 September 2020. The previous contract, from June 2013, was AED 180,000.

How big is unit 405?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 405 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 405, Marina Residences 3

Starts from the last sale price (AED 4.95M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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