1005, Marina Residences 3
Sold prices and rental history: sold 4 times, last in September 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Marina Residences 3
What is 1005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 March 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,524 sqft
- Floor
- 10th of 14
- Parking
- 3-B259
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 42,100 /yr
- Last sold
- AED 1.1M · September 2020
- Building
- Marina Residences 3
About 1005, Marina Residences 3
1005 is a three-bedroom apartment of 2,524 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 15 September 2020 for AED 1,100,000, or AED 871 per sqft, in line with the AED 880 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 27 March 2024, is AED 290,000 a year: a gross yield of 26.4% on the 2020 price, before the service charge of about AED 42,100 a year.
Sales and rents for 1005 over time
1005 has sold 4 times; 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 Marina Residences 3, and where 1005 sits
All 43 3-beds →1005 last sold in September 2020 at AED 871 per sqft, in line with what three-beds in Marina Residences 3 were fetching at the time (AED 880). Over the last 12 months three-beds sold for AED 7,300,000, around AED 2,993 per sqft, and rent for AED 212,000 to 212,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 2,439 sqft | 7,300,000 | 2,993 | ||
| 4 Jun 20254 June 2025 | 2,751 sqft | 6,800,000 | 2,471 | ||
| 20 Mar 202520 March 2025 | 2,524 sqft | 6,500,000 | 2,574 | ||
| 14 Mar 202514 March 2025 | 4,054 sqft | 9,500,000 | 2,343 |
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 | |
| 1002 | 2-bed | 1,778 sqft | AED 2.65MAED 2,650,000 · Jun 2016June 2016 | 188,000 /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 | |
| 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 |
1005, Marina Residences 3 in numbers
- Sold 4 times: first on 24 April 2011 for AED 3,470,000, last on 15 September 2020 for AED 1,100,000 (AED 871 per sqft).
- Rented since September 2012 on 10 Ejari contracts. The rent fell from AED 220,000 to AED 140,000 in 2021 and recovered to AED 290,000 by March 2024.
- At AED 290,000 a year the gross yield on the 2020 price is 26.4%, before a service charge of about AED 42,100 a year (AED 16.67 per sqft).
- Three-beds in Marina Residences 3 sold for AED 7,300,000–7,300,000 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 27 March 2024.
Questions about 1005, Marina Residences 3
What did unit 1005 last sell for?
AED 1,100,000 on 15 September 2020: AED 871 per sqft for 2,524 sqft. The unit has 4 registered sales; the first was AED 3,470,000 in April 2011.
What is the rent for unit 1005?
AED 290,000 a year on the contract signed on 27 March 2024. The previous contract, from August 2022, was AED 147,000; the unit has been rented since September 2012.
How big is unit 1005?
2,524 sqft (234.5 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1005 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 7,300,000 to 7,300,000 in the last 12 months, around AED 2,993 per sqft.
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Mortgage on 1005, Marina Residences 3
Starts from the last sale price (AED 1.1M, 15 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →