2-bed · 1,746 sqftMarina Residences 3, Palm Jumeirah · 7th floor · completed 2009

704, Marina Residences 3

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 3.04M13 September 2010
Current rentAED 200K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Marina Residences 3

What is 704 worth today?

Last sold for AED 3,041,200 in 2010

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25 Jul 2026RentedRenewal
AED 200,000/yr12 months · AED 115 per sqft
25 Jul 2025RentedNew contract
AED 200,000/yr12 months · AED 115 per sqft
15 Nov 2024RentedRenewal
AED 180,000/yr3 months · AED 103 per sqft
15 Nov 2023RentedRenewal
AED 165,000/yr12 months · AED 95 per sqft
15 Nov 2022RentedRenewal
AED 150,000/yr12 months · AED 86 per sqft
15 Nov 2021RentedNew contract
AED 150,000/yr12 months · AED 86 per sqft
20 May 2020RentedRenewal
AED 115,000/yr12 months · AED 66 per sqft
20 May 2019RentedNew contract
AED 128,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
7th of 14
Parking
CLG-274
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 3.04M · September 2010

About 704, Marina Residences 3

704 is a two-bedroom apartment of 1,746 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 13 September 2010 for AED 3,041,200, or AED 1,742 per sqft, 30% above the AED 1,337 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 25 July 2026, is AED 200,000 a year: a gross yield of 6.6% on the 2010 price, before the service charge of about AED 29,100 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, September 2010: AED 3,041,200 (AED 1,742 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Marina Residences 3
100K200K300K2012201620202024Typical 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, August 2013: AED 167,000 a yearNew contract, February 2016: AED 270,796 a yearRenewal, October 2016: AED 170,000 a yearRenewal, October 2017: AED 160,000 a yearNew contract, April 2018: AED 152,000 a yearNew contract, May 2019: AED 128,000 a yearRenewal, May 2020: AED 115,000 a yearNew contract, November 2021: AED 150,000 a yearRenewal, November 2022: AED 150,000 a yearRenewal, November 2023: AED 165,000 a yearRenewal, November 2024: AED 180,000 a yearNew contract, July 2025: AED 200,000 a yearRenewal, July 2026: AED 200,000 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 704 sits

All 114 2-beds →

704 last sold in September 2010 at AED 1,742 per sqft, 30% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,337). 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. 704's AED 200,000 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
7032-bedAED 3.17M · Nov 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

704, Marina Residences 3 in numbers

  • Sold once: by The Palm - Jumeirah Co on 13 September 2010 for AED 3,041,200, or AED 1,742 per sqft.
  • Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 167,000 to AED 115,000 in 2020 and recovered to AED 200,000 by July 2026.
  • At AED 200,000 a year the gross yield on the 2010 price is 6.6%, 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 25 July 2026.

Questions about 704, Marina Residences 3

What did unit 704 last sell for?

AED 3,041,200 on 13 September 2010, sold by the developer: AED 1,742 per sqft for 1,746 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 200,000 a year on the contract renewed on 25 July 2026. The previous contract, from July 2025, was AED 200,000; the unit has been rented since August 2013.

How big is unit 704?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.

What is unit 704 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 704, Marina Residences 3

Starts from the last sale price (AED 3.04M, 13 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,041,200
Deposit, UAE resident (20%)
AED 608,240
Deposit, non-resident (40%)
AED 1,216,480
Monthly over 25 years at 3.7%
AED 12,442

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