2-bed · 1,735 sqftMarina Residences 3, Palm Jumeirah · 7th floor · completed 2009

702, Marina Residences 3

Sold prices and rental history: sold 3 times, last in October 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 2 June 2026
Last soldAED 2.13M17 October 2012
Current rentAED 195K /yr2 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Marina Residences 3

What is 702 worth today?

Last sold for AED 2,130,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Jun 2026RentedNew contract
AED 195,000/yr12 months · AED 112 per sqft
1 Jun 2026RentedRenewal
AED 195,000/yr12 months · AED 113 per sqft
1 Jun 2025RentedNew contract
AED 205,000/yr12 months · AED 118 per sqft
26 Mar 2019RentedNew contract
AED 127,500/yr12 months · AED 74 per sqft
14 Oct 2015RentedNew contract
AED 170,000/yr12 months · AED 98 per sqft
17 Oct 2012SoldReady
AED 2,130,000AED 1,227 per sqft
28 Mar 2010SoldReady
AED 1,500,000AED 864 per sqft
9 Mar 2010Sold by developerReady
AED 2,949,600AED 1,699 per sqft

Source: Dubai Land Department. Updated 2 June 2026.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
7th of 14
Parking
CLG-287
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.13M · October 2012

About 702, Marina Residences 3

702 is a two-bedroom apartment of 1,735 sqft on the 7th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 17 October 2012 for AED 2,130,000, or AED 1,227 per sqft, 5% below the AED 1,297 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 2 June 2026, is AED 195,000 a year: a gross yield of 9.2% on the 2012 price, before the service charge of about AED 28,900 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Marina Residences 3
2M4M2010201520202025Typical sale price by year: 2010 AED 2,689,500; 2011 AED 2,670,000; 2012 AED 2,130,000; 2013 AED 2,012,750; 2014 AED 2,647,900; 2015 AED 2,606,650; 2016 AED 2,650,000; 2017 AED 2,567,500; 2018 AED 1,936,766; 2019 AED 1,748,000; 2020 AED 1,497,500; 2021 AED 1,865,000; 2022 AED 2,350,000; 2023 AED 2,662,500; 2024 AED 3,000,000; 2025 AED 3,500,000; 2026 AED 3,850,000Sold, March 2010: AED 1,500,000 (AED 864 per sqft)Sold by developer, March 2010: AED 2,949,600 (AED 1,699 per sqft)Sold, October 2012: AED 2,130,000 (AED 1,227 per sqft)

702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 702, each contractTypical two-bed in Marina Residences 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 122,500; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 149,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 110,000; 2021 AED 108,000; 2022 AED 126,500; 2023 AED 140,000; 2024 AED 170,156; 2025 AED 190,000; 2026 AED 190,000New contract, October 2015: AED 170,000 a yearNew contract, March 2019: AED 127,500 a yearNew contract, June 2025: AED 205,000 a yearNew contract, June 2026: AED 195,000 a yearRenewal, June 2026: AED 195,000 a year

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 702 sits

All 114 2-beds →

702 last sold in October 2012 at AED 1,227 per sqft, 5% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,297). 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. 702's AED 195,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Sep 20263,300,000
21 Aug 20263,330,000
4 Aug 20263,850,000
29 Jul 20264,100,000
9 2-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 7th floor

All 165 units in Marina Residences 3
Value
7012-bedAED 2.35M · Aug 2022
7032-bedAED 3.17M · Nov 2010
7042-bedAED 3.04M · Sep 2010
7053-bedAED 3.4M · Apr 2022
7063-bedAED 4.85M · Dec 2012
7073-bedAED 3.2M · Feb 2023
7082-bedAED 1.85M · Feb 2022
1–7 of 10

702, Marina Residences 3 in numbers

  • Sold 3 times: first on 9 March 2010 for AED 2,949,600, last on 17 October 2012 for AED 2,130,000 (AED 1,227 per sqft).
  • Rented since October 2015 on 5 Ejari contracts. The rent fell from AED 170,000 to AED 127,500 in 2019 and recovered to AED 195,000 by June 2026.
  • At AED 195,000 a year the gross yield on the 2012 price is 9.2%, 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 2 June 2026.

Questions about 702, Marina Residences 3

What did unit 702 last sell for?

AED 2,130,000 on 17 October 2012: AED 1,227 per sqft for 1,735 sqft. The unit has 3 registered sales; the first was AED 2,949,600 in March 2010.

What is the rent for unit 702?

AED 195,000 a year on the contract signed on 2 June 2026. The previous contract, from June 2026, was AED 195,000; the unit has been rented since October 2015.

How big is unit 702?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 702 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.

Selling 702? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 702, Marina Residences 3

Starts from the last sale price (AED 2.13M, 17 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,130,000
Deposit, UAE resident (20%)
AED 426,000
Deposit, non-resident (40%)
AED 852,000
Monthly over 25 years at 3.7%
AED 8,714

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