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

703, Marina Residences 3

Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 29 September 2025
Last soldAED 3.17M30 November 2010
Current rentAED 215K /yr29 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Marina Residences 3

What is 703 worth today?

Last sold for AED 3,174,100 in 2010

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29 Sep 2025RentedRenewal
AED 215,000/yr12 months · AED 124 per sqft
29 Sep 2024RentedNew contract
AED 215,000/yr12 months · AED 124 per sqft
24 Mar 2024RentedRenewal
AED 200,000/yr6 months · AED 115 per sqft
24 Mar 2023RentedNew contract
AED 200,000/yr12 months · AED 115 per sqft
16 Mar 2022RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
16 Mar 2021RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
16 Mar 2020RentedRenewal
AED 135,000/yr12 months · AED 78 per sqft
16 Mar 2019RentedNew contract
AED 135,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 29 September 2025.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
7th of 14
Parking
CLG-286
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 3.17M · November 2010

About 703, Marina Residences 3

703 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. The developer sold it on 30 November 2010 for AED 3,174,100, or AED 1,829 per sqft, 35% above the AED 1,353 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 29 September 2025, is AED 215,000 a year: a gross yield of 6.8% on the 2010 price, before the service charge of about AED 28,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 by developer, November 2010: AED 3,174,100 (AED 1,829 per sqft)

703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, 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, November 2014: AED 185,000 a yearNew contract, November 2015: AED 185,000 a yearRenewal, November 2016: AED 185,000 a yearNew contract, January 2018: AED 150,000 a yearNew contract, March 2019: AED 135,000 a yearRenewal, March 2020: AED 135,000 a yearRenewal, March 2021: AED 120,000 a yearRenewal, March 2022: AED 120,000 a yearNew contract, March 2023: AED 200,000 a yearRenewal, March 2024: AED 200,000 a yearNew contract, September 2024: AED 215,000 a yearRenewal, September 2025: AED 215,000 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 703 sits

All 114 2-beds →

703 last sold in November 2010 at AED 1,829 per sqft, 35% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,353). 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. 703's AED 215,000 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
7022-bedAED 2.13M · Oct 2012
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

703, Marina Residences 3 in numbers

  • Sold once: by The Palm - Jumeirah Co on 30 November 2010 for AED 3,174,100, or AED 1,829 per sqft.
  • Rented since November 2014 on 12 Ejari contracts. The rent fell from AED 185,000 to AED 120,000 in 2022 and recovered to AED 215,000 by September 2025.
  • At AED 215,000 a year the gross yield on the 2010 price is 6.8%, 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 29 September 2025.

Questions about 703, Marina Residences 3

What did unit 703 last sell for?

AED 3,174,100 on 30 November 2010, sold by the developer: AED 1,829 per sqft for 1,735 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 215,000 a year on the contract renewed on 29 September 2025. The previous contract, from September 2024, was AED 215,000; the unit has been rented since November 2014.

How big is unit 703?

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 703 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 703, Marina Residences 3

Starts from the last sale price (AED 3.17M, 30 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,174,100
Deposit, UAE resident (20%)
AED 634,820
Deposit, non-resident (40%)
AED 1,269,640
Monthly over 25 years at 3.7%
AED 12,986

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