306, Emerald Residence
Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Emerald Residence
What is 306 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,412 sqft
- Floor
- 3rd of 3
- Parking
- B53 & B54
- Developer
- Vakson First Property Development
- Completed
- 2011
- Service charge
- AED 41,100 /yr
- Last sold
- AED 2.15M · April 2023
- Building
- Emerald Residence
About 306, Emerald Residence
306 is a three-bedroom apartment of 2,412 sqft on the 3rd floor of Emerald Residence, a 3-storey tower in Dubai Marina completed in 2011 by Vakson First Property Development. It last sold on 19 April 2023 for AED 2,150,000, or AED 891 per sqft, 6% above the AED 838 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 15 Ejari contracts. The current contract, renewed on 23 September 2024, is AED 52,250 a year: a gross yield of 2.4% on the 2023 price, before the service charge of about AED 41,100 a year.
Sales and rents for 306 over time
306 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Emerald Residence, and where 306 sits
All 18 3-beds →306 last sold in April 2023 at AED 891 per sqft, 6% above what three-beds in Emerald Residence were fetching at the time (AED 838). 306's AED 52,250 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Dec 202328 December 2023 | 2,412 sqft | 2,200,000 | 912 | ||
| 24 Oct 202324 October 2023 | 2,420 sqft | 2,450,000 | 1,012 | ||
| 12 Sep 202312 September 2023 | 2,412 sqft | 2,240,000 | 928 | ||
| 31 Jul 202331 July 2023 | 2,412 sqft | 2,900,000 | 1,202 |
Emerald Residence
Building38 apartments, 1-bed to 4-bed over 3 floors in Dubai Marina, completed in 2011 by Vakson First Property Development. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 95K /yr
- Typical yield
Other units on the 3rd floor
All 38 units in Emerald Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,410 sqft | AED 805KAED 805,000 · Apr 2008April 2008 | 79,380 /yr | |
| 302 | 4-bed | 4,868 sqft | AED 4.2MAED 4,200,000 · May 2024May 2024 | 80,300 /yr | |
| 303 | 2-bed | 1,377 sqft | AED 770KAED 770,000 · Jun 2010June 2010 | 60,000 /yr | |
| 304 | 3-bed | 2,412 sqft | AED 1.95MAED 1,950,000 · Feb 2023February 2023 | 55,000 /yr | |
| 305 | 2-bed | 1,377 sqft | AED 1.08MAED 1,075,000 · Jul 2021July 2021 | 55,650 /yr | |
| 307 | 2-bed | 1,163 sqft | AED 1.5MAED 1,500,000 · Jan 2015January 2015 | 58,800 /yr | |
| 308 | 3-bed | 2,412 sqft | AED 2.9MAED 2,900,000 · Jul 2023July 2023 | 245,000 /yr | |
| 310 | 3-bed | 2,412 sqft | AED 2.43MAED 2,425,000 · Jul 2023July 2023 | 200,000 /yr | |
| 312 | 4-bed | 4,870 sqft | AED 6MAED 5,999,000 · Mar 2008March 2008 | 198,000 /yr |
306, Emerald Residence in numbers
- Sold twice: first on 25 May 2008 for AED 1,735,000, last on 19 April 2023 for AED 2,150,000 (AED 891 per sqft).
- Rented since January 2014 on 15 Ejari contracts, from AED 195,000 to AED 52,250 a year.
- At AED 52,250 a year the gross yield on the 2023 price is 2.4%, before a service charge of about AED 41,100 a year (AED 17.04 per sqft).
Source: Dubai Land Department. Updated 23 September 2024.
Questions about 306, Emerald Residence
What did unit 306 last sell for?
AED 2,150,000 on 19 April 2023: AED 891 per sqft for 2,412 sqft. The unit has 2 registered sales; the first was AED 1,735,000 in May 2008.
What is the rent for unit 306?
AED 52,250 a year on the contract renewed on 23 September 2024. The previous contract, from September 2023, was AED 47,500; the unit has been rented since January 2014.
How big is unit 306?
2,412 sqft (224.1 sqm): a three-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2011.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 306, Emerald Residence
Starts from the last sale price (AED 2.15M, 19 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →