1002, Marina Residences 3
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Marina Residences 3
What is 1002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 10th of 14
- Parking
- CLG-217
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 2.65M · June 2016
- Building
- Marina Residences 3
About 1002, Marina Residences 3
1002 is a two-bedroom apartment of 1,778 sqft on the 10th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 2 June 2016 for AED 2,650,000, or AED 1,490 per sqft, 7% above the AED 1,390 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 9 August 2024, is AED 188,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1002 over time
1002 has sold twice; 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 1002 sits
All 110 2-beds →1002 last sold in June 2016 at AED 1,490 per sqft, 7% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,390). Over the last 12 months two-beds sold for AED 3,500,000 to 3,700,000, around AED 1,922 per sqft, and rent for AED 166,031 to 416,879 a year. 1002's AED 188,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jul 20253 July 2025 | 2,037 sqft | 4,500,000 | 2,208 | ||
| 19 Jun 202519 June 2025 | 1,746 sqft | 3,500,000 | 2,004 | ||
| 18 Jun 202518 June 2025 | 1,735 sqft | 3,100,000 | 1,786 | ||
| 23 Apr 202523 April 2025 | 2,035 sqft | 3,250,000 | 1,597 |
Marina Residences 3
Building165 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,132
- Typical sale
- AED 3.7M
- Typical rent
- AED 200K /yr
- Typical yield
- 5.3%
Other units on the 10th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,870 sqft | AED 1.8MAED 1,800,000 · Sep 2011September 2011 | 95,000 /yr | |
| 1003 | 2-bed | 1,778 sqft | AED 2.9MAED 2,900,000 · Jul 2014July 2014 | 200,000 /yr | |
| 1004 | 2-bed | 1,746 sqft | AED 2.2MAED 2,200,000 · Aug 2018August 2018 | 150,000 /yr | |
| 1005 | 3-bed | 2,524 sqft | AED 1.1MAED 1,100,000 · Sep 2020September 2020 | 290,000 /yr | |
| 1006 | 3-bed | 4,054 sqft | AED 3.8MAED 3,800,000 · Aug 2022August 2022 | 210,000 /yr | |
| 1007 | 3-bed | 2,524 sqft | AED 4.05MAED 4,050,000 · Jun 2024June 2024 | 216,000 /yr | |
| 1008 | 2-bed | 1,746 sqft | AED 1.36MAED 1,362,481 · Mar 2024March 2024 | 200,000 /yr | |
| 1009 | 2-bed | 1,778 sqft | AED 3.42MAED 3,421,200 · May 2014May 2014 | 55,000 /yr | |
| 1010 | 2-bed | 1,778 sqft | AED 3.28MAED 3,280,000 · Oct 2024October 2024 | 172,000 /yr | |
| 1011 | 2-bed | 1,870 sqft | AED 2.48MAED 2,480,000 · Feb 2011February 2011 | 160,000 /yr | |
| TH02 | 2-bed | 4,069 sqft | AED 8.7MAED 8,700,000 · Apr 2024April 2024 | 180,000 /yr |
1002, Marina Residences 3 in numbers
- Sold twice: first on 3 November 2010 for AED 3,437,000, last on 2 June 2016 for AED 2,650,000 (AED 1,490 per sqft).
- Rented since June 2022 on 4 Ejari contracts, from AED 160,000 to AED 188,000 a year.
- At AED 188,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 29,600 a year (AED 16.67 per sqft).
- Two-beds in Marina Residences 3 sold for AED 3,500,000–3,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,132 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.
Questions about 1002, Marina Residences 3
What did unit 1002 last sell for?
AED 2,650,000 on 2 June 2016: AED 1,490 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 3,437,000 in November 2010.
What is the rent for unit 1002?
AED 188,000 a year on the contract renewed on 9 August 2024. The previous contract, from August 2023, was AED 165,000; the unit has been rented since June 2022.
How big is unit 1002?
1,778 sqft (165.2 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1002 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 3,500,000 to 3,700,000 in the last 12 months, around AED 1,922 per sqft.
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Mortgage on 1002, Marina Residences 3
Starts from the last sale price (AED 2.65M, 2 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →