3-bed · 2,751 sqftMarina Residences 3, Palm Jumeirah · -1th floor · completed 2009

LG01, Marina Residences 3

Sold prices and rental history: sold 4 times, last in June 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit LG01 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 6.8M4 June 2025
Current rentAED 173K /yr5 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for LG01, Marina Residences 3

What is LG01 worth today?

Last sold for AED 6,800,000 in 2025

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4 Jun 2025SoldReady
AED 6,800,000AED 2,471 per sqft
22 Nov 2023SoldReady
AED 4,165,000AED 1,513 per sqft
5 Mar 2023RentedRenewal
AED 173,250/yr12 months · AED 63 per sqft
5 Mar 2022RentedRenewal
AED 173,250/yr12 months · AED 63 per sqft
5 Mar 2021RentedRenewal
AED 165,000/yr12 months · AED 60 per sqft
5 Mar 2020RentedRenewal
AED 165,000/yr12 months · AED 60 per sqft
5 Mar 2017RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft
1 Jun 2016RentedNew contract
AED 210,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 4 June 2025.

Key facts

Type
3-bed apartment
Size
2,751 sqft
Floor
-1th of 14
Parking
3-B222,3-GLG36
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 45,900 /yr
Last sold
AED 6.8M · June 2025

About LG01, Marina Residences 3

LG01 is a three-bedroom apartment of 2,751 sqft on the -1th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 4 June 2025 for AED 6,800,000, or AED 2,471 per sqft, 22% above the AED 2,028 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 5 March 2023, is AED 173,250 a year: a gross yield of 2.5% on the 2025 price, before the service charge of about AED 45,900 a year.

Sales and rents for LG01 over time

Sales
Unit LG01, each saleTypical three-bed in Marina Residences 3
2.5M5M7.5M20102014201820222026Typical 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, December 2012: AED 3,390,000 (AED 1,232 per sqft)Sold, May 2014: AED 4,350,000 (AED 1,581 per sqft)Sold, November 2023: AED 4,165,000 (AED 1,513 per sqft)Sold, June 2025: AED 6,800,000 (AED 2,471 per sqft)

LG01 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit LG01, each contractTypical three-bed in Marina Residences 3
200K300K2012201620202024Typical 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, June 2016: AED 210,000 a yearNew contract, March 2017: AED 200,000 a yearRenewal, March 2020: AED 165,000 a yearRenewal, March 2021: AED 165,000 a yearRenewal, March 2022: AED 173,250 a yearRenewal, March 2023: AED 173,250 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 LG01 sits

All 46 3-beds →

LG01 last sold in June 2025 at AED 2,471 per sqft, 22% above what three-beds in Marina Residences 3 were fetching at the time (AED 2,028). 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. LG01's AED 173,250 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
20 Mar 20256,500,000
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 -1th floor

All 165 units in Marina Residences 3
Value
LG023-bedAED 5.76M · Apr 2011
LG033-bedAED 2.2M · Oct 2012
LG042-bedAED 2.83M · May 2024
LG062-bedAED 1.91M · Feb 2013
LG072-bedAED 1.93M · Feb 2013
TH012-bedAED 5.5M · Jan 2024
TH033-bedAED 5.16M · Jul 2015
1–7 of 8

LG01, Marina Residences 3 in numbers

  • Sold 4 times: first on 31 December 2012 for AED 3,390,000, last on 4 June 2025 for AED 6,800,000 (AED 2,471 per sqft).
  • Rented since June 2016 on 6 Ejari contracts, from AED 210,000 to AED 173,250 a year.
  • At AED 173,250 a year the gross yield on the 2025 price is 2.5%, before a service charge of about AED 45,900 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 4 June 2025.

Questions about LG01, Marina Residences 3

What did unit LG01 last sell for?

AED 6,800,000 on 4 June 2025: AED 2,471 per sqft for 2,751 sqft. The unit has 4 registered sales; the first was AED 3,390,000 in December 2012.

What is the rent for unit LG01?

AED 173,250 a year on the contract renewed on 5 March 2023. The previous contract, from March 2022, was AED 173,250; the unit has been rented since June 2016.

How big is unit LG01?

2,751 sqft (255.6 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit LG01 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 LG01, Marina Residences 3

Starts from the last sale price (AED 6.8M, 4 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 6,800,000
Deposit, UAE resident (20%)
AED 1,360,000
Deposit, non-resident (40%)
AED 2,720,000
Monthly over 25 years at 3.7%
AED 27,821

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