3-bed · 2,439 sqftMarina Residences 3, Palm Jumeirah · 9th floor · completed 2009

907, Marina Residences 3

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 3.5M24 May 2023
Current rentAED 145K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Marina Residences 3

What is 907 worth today?

Last sold for AED 3,500,000 in 2023

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24 May 2023SoldReady
AED 3,500,000AED 1,435 per sqft
1 Apr 2022RentedRenewal
AED 145,000/yr12 months · AED 59 per sqft
1 Apr 2021RentedNew contract
AED 135,000/yr12 months · AED 55 per sqft
15 Apr 2020RentedRenewal
AED 135,000/yr12 months · AED 55 per sqft
15 Apr 2019RentedNew contract
AED 160,000/yr12 months · AED 65 per sqft
15 Apr 2018RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
17 Mar 2015SoldReady
AED 2,700,000AED 1,107 per sqft
3 Sep 2014SoldReady
AED 3,400,000AED 1,394 per sqft

Source: Dubai Land Department. Updated 24 May 2023.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
9th of 14
Parking
3-B256
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 3.5M · May 2023

About 907, Marina Residences 3

907 is a three-bedroom apartment of 2,439 sqft on the 9th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 24 May 2023 for AED 3,500,000, or AED 1,435 per sqft, in line with the AED 1,435 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 145,000 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 40,700 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical three-bed in Marina Residences 3
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, February 2013: AED 1,720,000 (AED 705 per sqft)Sold, September 2014: AED 3,400,000 (AED 1,394 per sqft)Sold, March 2015: AED 2,700,000 (AED 1,107 per sqft)Sold, May 2023: AED 3,500,000 (AED 1,435 per sqft)

907 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 907, 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, May 2014: AED 170,000 a yearNew contract, April 2018: AED 170,000 a yearNew contract, April 2019: AED 160,000 a yearRenewal, April 2020: AED 135,000 a yearNew contract, April 2021: AED 135,000 a yearRenewal, April 2022: AED 145,000 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 907 sits

All 46 3-beds →

907 last sold in May 2023 at AED 1,435 per sqft, in line with what three-beds in Marina Residences 3 were fetching at the time (AED 1,435). 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. 907's AED 145,000 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 9th floor

All 165 units in Marina Residences 3
Value
9012-bedAED 3M · Jul 2024
9022-bedAED 2.76M · Feb 2011
9032-bedAED 2.81M · May 2015
9042-bedAED 2.86M · Nov 2010
9053-bedAED 7.3M · Feb 2026
9063-bedAED 5.83M · Sep 2023
9082-bedAED 1.1M · Oct 2022
1–7 of 10

907, Marina Residences 3 in numbers

  • Sold 4 times: first on 27 February 2013 for AED 1,720,000, last on 24 May 2023 for AED 3,500,000 (AED 1,435 per sqft).
  • Rented since May 2014 on 6 Ejari contracts, from AED 170,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 4.1%, 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 24 May 2023.

Questions about 907, Marina Residences 3

What did unit 907 last sell for?

AED 3,500,000 on 24 May 2023: AED 1,435 per sqft for 2,439 sqft. The unit has 4 registered sales; the first was AED 1,720,000 in February 2013.

What is the rent for unit 907?

AED 145,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 135,000; the unit has been rented since May 2014.

How big is unit 907?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 9th floor of a 14-storey tower completed in 2009.

What is unit 907 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 907, Marina Residences 3

Starts from the last sale price (AED 3.5M, 24 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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