508, Marina Residences 3
Sold prices and rental history: sold 3 times, last in December 2024, 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 508, Marina Residences 3
What is 508 worth today?
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Source: Dubai Land Department. Updated 12 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 5th of 14
- Parking
- 3-LG253
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 3M · December 2024
- Building
- Marina Residences 3
About 508, Marina Residences 3
508 is a two-bedroom apartment of 1,746 sqft on the 5th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 23 December 2024 for AED 3,000,000, or AED 1,718 per sqft, 3% above the AED 1,665 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 12 May 2025, is AED 165,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 29,100 a year.
Sales and rents for 508 over time
508 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 114 2-beds →508 last sold in December 2024 at AED 1,718 per sqft, 3% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,665). 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. 508's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 1,975 sqft | 3,300,000 | 1,670 | ||
| 21 Aug 202621 August 2026 | 2,044 sqft | 3,330,000 | 1,629 | ||
| 4 Aug 20264 August 2026 | 1,735 sqft | 3,850,000 | 2,219 | ||
| 29 Jul 202629 July 2026 | 1,778 sqft | 4,100,000 | 2,305 |
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 | ||
| 506 | 3-bed | 4,053 sqft | AED 6.07MAED 6,067,000 · Dec 2011December 2011 | 465,000 /yr | |
| 507 | 3-bed | 2,439 sqft | AED 2.83MAED 2,825,000 · May 2013May 2013 | 198,020 /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 |
508, Marina Residences 3 in numbers
- Sold 3 times: first on 1 March 2011 for AED 2,835,000, last on 23 December 2024 for AED 3,000,000 (AED 1,718 per sqft).
- Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 75,000 in 2015 and recovered to AED 165,000 by May 2025.
- At AED 165,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 29,100 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 12 May 2025.
Questions about 508, Marina Residences 3
What did unit 508 last sell for?
AED 3,000,000 on 23 December 2024: AED 1,718 per sqft for 1,746 sqft. The unit has 3 registered sales; the first was AED 2,835,000 in March 2011.
What is the rent for unit 508?
AED 165,000 a year on the contract renewed on 12 May 2025. The previous contract, from May 2025, was AED 165,000; the unit has been rented since June 2013.
How big is unit 508?
1,746 sqft (162.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 508 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 508, Marina Residences 3
Starts from the last sale price (AED 3M, 23 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →