509, Marina Residences 3
Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Marina Residences 3
What is 509 worth today?
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Source: Dubai Land Department. Updated 7 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 5th of 14
- Parking
- 3-LG256
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 3M · June 2024
- Building
- Marina Residences 3
About 509, Marina Residences 3
509 is a two-bedroom apartment of 1,735 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 7 June 2024 for AED 3,000,000, or AED 1,729 per sqft, 20% above the AED 1,441 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 20 October 2022, is AED 150,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 28,900 a year.
Sales and rents for 509 over time
509 has sold 4 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 509 sits
All 114 2-beds →509 last sold in June 2024 at AED 1,729 per sqft, 20% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,441). 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. 509's AED 150,000 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 | |
| 508 | 2-bed | 1,746 sqft | AED 3MAED 3,000,000 · Dec 2024December 2024 | 165,000 /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 |
509, Marina Residences 3 in numbers
- Sold 4 times: first on 30 November 2011 for AED 2,730,000, last on 7 June 2024 for AED 3,000,000 (AED 1,729 per sqft).
- Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2020 and recovered to AED 150,000 by October 2022.
- At AED 150,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 28,900 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 7 June 2024.
Questions about 509, Marina Residences 3
What did unit 509 last sell for?
AED 3,000,000 on 7 June 2024: AED 1,729 per sqft for 1,735 sqft. The unit has 4 registered sales; the first was AED 2,730,000 in November 2011.
What is the rent for unit 509?
AED 150,000 a year on the contract signed on 20 October 2022. The previous contract, from September 2021, was AED 100,000; the unit has been rented since October 2016.
How big is unit 509?
1,735 sqft (161.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 509 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 509, Marina Residences 3
Starts from the last sale price (AED 3M, 7 June 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 →