506, Marina Residences 3
Sold prices and rental history: sold once, by the developer in December 2011, 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 506, Marina Residences 3
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 June 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 4,053 sqft
- Floor
- 5th of 14
- Parking
- CLG-235, GB-41
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 6.07M · December 2011
- Building
- Marina Residences 3
About 506, Marina Residences 3
506 is a three-bedroom apartment of 4,053 sqft on the 5th 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 4 December 2011 for AED 6,067,000, or AED 1,497 per sqft, 9% above the AED 1,374 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 June 2026, is AED 465,000 a year: a gross yield of 7.7% on the 2011 price, before the service charge of about AED 67,600 a year.
Sales and rents for 506 over time
506 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 506 sits
All 46 3-beds →506 last sold in December 2011 at AED 1,497 per sqft, 9% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,374). 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. 506's AED 465,000 is in the upper 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 5th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,870 sqft | AED 1.53MAED 1,530,000 · Feb 2020February 2020 | 70,000 /yr | |
| 502 | 2-bed | 1,735 sqft | AED 3.2MAED 3,200,000 · Dec 2023December 2023 | ||
| 503 | 2-bed | 1,735 sqft | AED 2.35MAED 2,350,000 · Aug 2021August 2021 | 139,612 /yr | |
| 504 | 2-bed | 1,746 sqft | AED 1.42MAED 1,417,500 · May 2011May 2011 | 165,000 /yr | |
| 505 | 3-bed | 2,439 sqft | AED 2.75MAED 2,750,000 · Jan 2012January 2012 | ||
| 507 | 3-bed | 2,439 sqft | AED 2.83MAED 2,825,000 · May 2013May 2013 | 198,020 /yr | |
| 508 | 2-bed | 1,746 sqft | AED 3MAED 3,000,000 · Dec 2024December 2024 | 165,000 /yr | |
| 509 | 2-bed | 1,735 sqft | AED 3MAED 3,000,000 · Jun 2024June 2024 | 150,000 /yr | |
| 510 | 2-bed | 1,735 sqft | AED 2MAED 2,000,000 · Feb 2023February 2023 | 166,031 /yr | |
| 511 | 2-bed | 1,870 sqft | AED 3.39MAED 3,390,000 · Oct 2025October 2025 | 165,000 /yr |
506, Marina Residences 3 in numbers
- Sold once: by The Palm - Jumeirah Co on 4 December 2011 for AED 6,067,000, or AED 1,497 per sqft.
- Rented since March 2013 on 9 Ejari contracts, from AED 285,000 to AED 465,000 a year.
- At AED 465,000 a year the gross yield on the 2011 price is 7.7%, 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 15 June 2026.
Questions about 506, Marina Residences 3
What did unit 506 last sell for?
AED 6,067,000 on 4 December 2011, sold by the developer: AED 1,497 per sqft for 4,053 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 465,000 a year on the contract renewed on 15 June 2026. The previous contract, from June 2025, was AED 465,000; the unit has been rented since March 2013.
How big is unit 506?
4,053 sqft (376.5 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 506 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 506, Marina Residences 3
Starts from the last sale price (AED 6.07M, 4 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 6,067,000
- Deposit, UAE resident (20%)
- AED 1,213,400
- Deposit, non-resident (40%)
- AED 2,426,800
- Monthly over 25 years at 3.7%
- AED 24,822
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →