LG07, Marina Residences 3
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for LG07, Marina Residences 3
What is LG07 worth today?
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Source: Dubai Land Department. Updated 29 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,947 sqft
- Floor
- -1th of 14
- Parking
- CB1-219
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 32,500 /yr
- Last sold
- AED 1.93M · February 2013
- Building
- Marina Residences 3
About LG07, Marina Residences 3
LG07 is a two-bedroom apartment of 1,947 sqft on the -1th 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 6 February 2013 for AED 1,934,300, or AED 993 per sqft, 17% below the AED 1,191 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 29 May 2025, is AED 155,000 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 32,500 a year.
Sales and rents for LG07 over time
LG07 has sold once; the dashed line is the two-bed median of each year in the building.
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 LG07 sits
All 114 2-beds →LG07 last sold in February 2013 at AED 993 per sqft, 17% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,191). 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. LG07's AED 155,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 1,975 sqft | 3,300,000 | 1,670 | ||
| 21 Aug 202621 August 2026 | 2,044 sqft | 3,330,000 | 1,629 | ||
| 4 Aug 20264 August 2026 | 1,735 sqft | 3,850,000 | 2,219 | ||
| 29 Jul 202629 July 2026 | 1,778 sqft | 4,100,000 | 2,305 |
Marina Residences 3
Building165 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%
Other units on the -1th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| LG01 | 3-bed | 2,751 sqft | AED 6.8MAED 6,800,000 · Jun 2025June 2025 | 173,250 /yr | |
| LG02 | 3-bed | 4,768 sqft | AED 5.76MAED 5,759,000 · Apr 2011April 2011 | 360,000 /yr | |
| LG03 | 3-bed | 2,751 sqft | AED 2.2MAED 2,200,000 · Oct 2012October 2012 | 85,000 /yr | |
| LG04 | 2-bed | 2,047 sqft | AED 2.83MAED 2,825,000 · May 2024May 2024 | 189,000 /yr | |
| LG06 | 2-bed | 2,048 sqft | AED 1.91MAED 1,911,600 · Feb 2013February 2013 | 165,000 /yr | |
| TH01 | 2-bed | 4,045 sqft | AED 5.5MAED 5,500,000 · Jan 2024January 2024 | 195,000 /yr | |
| TH03 | 3-bed | 4,090 sqft | AED 5.16MAED 5,163,900 · Jul 2015July 2015 | 460,000 /yr | |
| TH04 | 2-bed | 3,996 sqft | AED 5.8MAED 5,800,000 · Apr 2024April 2024 |
LG07, Marina Residences 3 in numbers
- Sold once: by The Palm - Jumeirah Co on 6 February 2013 for AED 1,934,300, or AED 993 per sqft.
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 85,000 in 2021 and recovered to AED 155,000 by May 2025.
- At AED 155,000 a year the gross yield on the 2013 price is 8.0%, before a service charge of about AED 32,500 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 May 2025.
Questions about LG07, Marina Residences 3
What did unit LG07 last sell for?
AED 1,934,300 on 6 February 2013, sold by the developer: AED 993 per sqft for 1,947 sqft. It is the only registered sale of the unit.
What is the rent for unit LG07?
AED 155,000 a year on the contract signed on 29 May 2025. The previous contract, from March 2024, was AED 125,637; the unit has been rented since January 2015.
How big is unit LG07?
1,947 sqft (180.9 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.
What is unit LG07 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 LG07, Marina Residences 3
Starts from the last sale price (AED 1.93M, 6 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,934,300
- Deposit, UAE resident (20%)
- AED 386,860
- Deposit, non-resident (40%)
- AED 773,720
- Monthly over 25 years at 3.7%
- AED 7,914
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →