2-bed · 873 sqftMarina Residences 3, Palm Jumeirah · 9th floor · completed 2009

908, Marina Residences 3

Sold prices and rental history: sold twice, last in October 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 7 October 2022
Last soldAED 1.1M7 October 2022
Current rentAED 130K /yr31 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Marina Residences 3

What is 908 worth today?

Last sold for AED 1,100,000 in 2022

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7 Oct 2022SoldReady
AED 1,100,000AED 1,260 per sqft
31 Oct 2014RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft
31 Oct 2013RentedNew contract
AED 140,541/yr11 months · AED 81 per sqft
3 Nov 2010Sold by developerReady
AED 2,860,000AED 1,638 per sqft

Source: Dubai Land Department. Updated 7 October 2022.

Key facts

Type
2-bed apartment
Size
873 sqft
Floor
9th of 14
Parking
CLG-7
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 14,600 /yr
Last sold
AED 1.1M · October 2022

About 908, Marina Residences 3

908 is a two-bedroom apartment of 873 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 7 October 2022 for AED 1,100,000, or AED 1,260 per sqft, 14% above the AED 1,106 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 31 October 2014, is AED 130,000 a year: a gross yield of 11.8% on the 2022 price, before the service charge of about AED 14,600 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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 2,860,000 (AED 1,638 per sqft)Sold, October 2022: AED 1,100,000 (AED 1,260 per sqft)

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

Rents
Unit 908, 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 2013: AED 140,541 a yearNew contract, October 2014: AED 130,000 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 908 sits

All 114 2-beds →

908 last sold in October 2022 at AED 1,260 per sqft, 14% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,106). 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. 908's AED 130,000 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 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
9073-bedAED 3.5M · May 2023
1–7 of 10

908, Marina Residences 3 in numbers

  • Sold twice: first on 3 November 2010 for AED 2,860,000, last on 7 October 2022 for AED 1,100,000 (AED 1,260 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 140,541 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 11.8%, before a service charge of about AED 14,600 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 7 October 2022.

Questions about 908, Marina Residences 3

What did unit 908 last sell for?

AED 1,100,000 on 7 October 2022: AED 1,260 per sqft for 873 sqft. The unit has 2 registered sales; the first was AED 2,860,000 in November 2010.

What is the rent for unit 908?

AED 130,000 a year on the contract signed on 31 October 2014. The previous contract, from October 2013, was AED 140,541.

How big is unit 908?

873 sqft (81.1 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2009.

What is unit 908 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 908, Marina Residences 3

Starts from the last sale price (AED 1.1M, 7 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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