407, Marina Residences 3
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Marina Residences 3
What is 407 worth today?
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Source: Dubai Land Department. Updated 10 December 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,440 sqft
- Floor
- 4th of 14
- Parking
- CB1-231, CB-44
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 40,700 /yr
- Last sold
- AED 3.54M · June 2011
- Building
- Marina Residences 3
About 407, Marina Residences 3
407 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. The developer sold it on 6 June 2011 for AED 3,543,000, or AED 1,452 per sqft, 9% above the AED 1,328 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 10 December 2025, is AED 265,650 a year: a gross yield of 7.5% on the 2011 price, before the service charge of about AED 40,700 a year.
Sales and rents for 407 over time
407 has sold once; 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 407 sits
All 46 3-beds →407 last sold in June 2011 at AED 1,452 per sqft, 9% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,328). 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. 407's AED 265,650 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 4th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,936 sqft | AED 3.48MAED 3,475,000 · Aug 2025August 2025 | 90,000 /yr | |
| 402 | 2-bed | 1,734 sqft | AED 2.98MAED 2,982,100 · Jun 2013June 2013 | 215,000 /yr | |
| 403 | 2-bed | 1,928 sqft | AED 3.75MAED 3,750,000 · Nov 2024November 2024 | 132,825 /yr | |
| 404 | 2-bed | 1,867 sqft | AED 2.76MAED 2,760,000 · Sep 2011September 2011 | 190,000 /yr | |
| 405 | 3-bed | 2,440 sqft | AED 4.95MAED 4,950,000 · Aug 2024August 2024 | 130,000 /yr | |
| 406 | 3-bed | 4,053 sqft | AED 9.5MAED 9,500,000 · Mar 2025March 2025 | ||
| 408 | 2-bed | 1,867 sqft | AED 1.95MAED 1,950,000 · Apr 2012April 2012 | 136,879 /yr | |
| 409 | 2-bed | 1,928 sqft | AED 2.75MAED 2,747,000 · Mar 2010March 2010 | 144,320 /yr | |
| 410 | 2-bed | 1,734 sqft | AED 1.5MAED 1,500,000 · Jul 2012July 2012 | 160,000 /yr | |
| 411 | 2-bed | 1,936 sqft | AED 1.22MAED 1,224,500 · Aug 2011August 2011 | 175,000 /yr |
407, Marina Residences 3 in numbers
- Sold once: by The Palm - Jumeirah Co on 6 June 2011 for AED 3,543,000, or AED 1,452 per sqft.
- Rented since January 2014 on 13 Ejari contracts. The rent fell from AED 180,000 to AED 145,000 in 2021 and recovered to AED 265,650 by December 2025.
- At AED 265,650 a year the gross yield on the 2011 price is 7.5%, 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 10 December 2025.
Questions about 407, Marina Residences 3
What did unit 407 last sell for?
AED 3,543,000 on 6 June 2011, sold by the developer: AED 1,452 per sqft for 2,440 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 265,650 a year on the contract renewed on 10 December 2025. The previous contract, from December 2024, was AED 253,000; the unit has been rented since January 2014.
How big is unit 407?
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 407 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 407, Marina Residences 3
Starts from the last sale price (AED 3.54M, 6 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 3,543,000
- Deposit, UAE resident (20%)
- AED 708,600
- Deposit, non-resident (40%)
- AED 1,417,200
- Monthly over 25 years at 3.7%
- AED 14,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →