3-bed · 2,439 sqftMarina Residences 3, Palm Jumeirah · 6th floor · completed 2009

607, Marina Residences 3

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 4.2M18 October 2024
Current rentAED 192K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Marina Residences 3

What is 607 worth today?

Last sold for AED 4,200,000 in 2024

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18 Oct 2024SoldReady
AED 4,200,000AED 1,722 per sqft
15 Sep 2024RentedRenewal
AED 192,000/yr4 months · AED 79 per sqft
15 Sep 2022RentedRenewal
AED 147,500/yr24 months · AED 60 per sqft
15 Sep 2021RentedRenewal
AED 130,000/yr12 months · AED 53 per sqft
15 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 45 per sqft
1 Jan 2020RentedRenewal
AED 160,000/yr3 months · AED 66 per sqft
25 Aug 2019RentedRenewal
AED 156,183/yr4 months · AED 64 per sqft
25 Feb 2019RentedNew contract
AED 165,000/yr6 months · AED 68 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
6th of 14
Parking
3-B238
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 4.2M · October 2024

About 607, Marina Residences 3

607 is a three-bedroom apartment of 2,439 sqft on the 6th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 18 October 2024 for AED 4,200,000, or AED 1,722 per sqft, 4% above the AED 1,663 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 192,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 40,700 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, October 2010: AED 3,350,000 (AED 1,373 per sqft)Sold, October 2024: AED 4,200,000 (AED 1,722 per sqft)

607 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 607, 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, November 2014: AED 190,000 a yearRenewal, November 2015: AED 190,000 a yearRenewal, November 2016: AED 190,000 a yearNew contract, February 2018: AED 165,000 a yearNew contract, February 2019: AED 165,000 a yearRenewal, August 2019: AED 156,183 a yearRenewal, January 2020: AED 160,000 a yearNew contract, September 2020: AED 110,000 a yearRenewal, September 2021: AED 130,000 a yearRenewal, September 2022: AED 147,500 a yearRenewal, September 2024: AED 192,000 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 607 sits

All 46 3-beds →

607 last sold in October 2024 at AED 1,722 per sqft, 4% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,663). 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. 607's AED 192,000 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 6th floor

All 165 units in Marina Residences 3
Value
6012-bedAED 2.54M · Aug 2011
6022-bedAED 3.5M · Oct 2024
6032-bedAED 3.38M · Feb 2024
6042-bedAED 2.88M · Dec 2012
6053-bedAED 7.3M · Nov 2025
6063-bedAED 3.8M · Apr 2021
6082-bedAED 2.75M · Jul 2024
1–7 of 10

607, Marina Residences 3 in numbers

  • Sold twice: first on 31 October 2010 for AED 3,350,000, last on 18 October 2024 for AED 4,200,000 (AED 1,722 per sqft).
  • Rented since November 2014 on 11 Ejari contracts. The rent fell from AED 190,000 to AED 110,000 in 2020 and recovered to AED 192,000 by September 2024.
  • At AED 192,000 a year the gross yield on the 2024 price is 4.6%, 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 18 October 2024.

Questions about 607, Marina Residences 3

What did unit 607 last sell for?

AED 4,200,000 on 18 October 2024: AED 1,722 per sqft for 2,439 sqft. The unit has 2 registered sales; the first was AED 3,350,000 in October 2010.

What is the rent for unit 607?

AED 192,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2022, was AED 147,500; the unit has been rented since November 2014.

How big is unit 607?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 607 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 607, Marina Residences 3

Starts from the last sale price (AED 4.2M, 18 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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