2-bed · 4,045 sqftMarina Residences 3, Palm Jumeirah · -1th floor · completed 2009

TH01, Marina Residences 3

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH01 · DLD and Ejari recordsUpdated 22 January 2024
Last soldAED 5.5M22 January 2024
Current rentAED 195K /yr18 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH01, Marina Residences 3

What is TH01 worth today?

Last sold for AED 5,500,000 in 2024

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22 Jan 2024SoldReady
AED 5,500,000AED 1,359 per sqft
6 Apr 2022SoldReady
AED 4,200,000AED 1,038 per sqft
18 Mar 2021RentedRenewal
AED 195,000/yr12 months · AED 48 per sqft
5 Mar 2020RentedRenewal
AED 188,416/yr12 months · AED 47 per sqft
5 Mar 2019RentedRenewal
AED 210,000/yr12 months · AED 52 per sqft
5 Mar 2017RentedRenewal
AED 232,000/yr12 months · AED 57 per sqft
5 Mar 2016RentedNew contract
AED 232,000/yr12 months · AED 57 per sqft
13 Dec 2014RentedNew contract
AED 244,010/yr13 months · AED 60 per sqft

Source: Dubai Land Department. Updated 22 January 2024.

Key facts

Type
2-bed apartment
Size
4,045 sqft
Floor
-1th of 14
Parking
Attached
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,400 /yr
Last sold
AED 5.5M · January 2024

About TH01, Marina Residences 3

TH01 is a two-bedroom apartment of 4,045 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 22 January 2024 for AED 5,500,000, or AED 1,359 per sqft, in line with the AED 1,388 two-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 18 March 2021, is AED 195,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 67,400 a year.

Sales and rents for TH01 over time

Sales
Unit TH01, each saleTypical two-bed in Marina Residences 3
2M4M6M2010201520202025Typical 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, February 2011: AED 5,163,900 (AED 1,276 per sqft)Sold, April 2022: AED 4,200,000 (AED 1,038 per sqft)Sold, January 2024: AED 5,500,000 (AED 1,359 per sqft)

TH01 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH01, each contractTypical two-bed in Marina Residences 3
100K200K2012201620202024Typical 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, December 2014: AED 244,010 a yearNew contract, March 2016: AED 232,000 a yearRenewal, March 2017: AED 232,000 a yearRenewal, March 2019: AED 210,000 a yearRenewal, March 2020: AED 188,416 a yearRenewal, March 2021: AED 195,000 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 TH01 sits

All 114 2-beds →

TH01 last sold in January 2024 at AED 1,359 per sqft, in line with what two-beds in Marina Residences 3 were fetching at the time (AED 1,388). 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. TH01's AED 195,000 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 -1th floor

All 165 units in Marina Residences 3
Value
LG013-bedAED 6.8M · Jun 2025
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
TH033-bedAED 5.16M · Jul 2015
1–7 of 8

TH01, Marina Residences 3 in numbers

  • Sold 3 times: first on 10 February 2011 for AED 5,163,900, last on 22 January 2024 for AED 5,500,000 (AED 1,359 per sqft).
  • Rented since December 2014 on 6 Ejari contracts, from AED 244,010 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 67,400 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 22 January 2024.

Questions about TH01, Marina Residences 3

What did unit TH01 last sell for?

AED 5,500,000 on 22 January 2024: AED 1,359 per sqft for 4,045 sqft. The unit has 3 registered sales; the first was AED 5,163,900 in February 2011.

What is the rent for unit TH01?

AED 195,000 a year on the contract renewed on 18 March 2021. The previous contract, from March 2020, was AED 188,416; the unit has been rented since December 2014.

How big is unit TH01?

4,045 sqft (375.8 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.

What is unit TH01 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 TH01, Marina Residences 3

Starts from the last sale price (AED 5.5M, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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