1008, Marina Residences 3
Sold prices and rental history: sold twice, last in March 2024, 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 1008, Marina Residences 3
What is 1008 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 10th of 14
- Parking
- 3-LG221
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 1.36M · March 2024
- Building
- Marina Residences 3
About 1008, Marina Residences 3
1008 is a two-bedroom apartment of 1,746 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 27 March 2024 for AED 1,362,481, or AED 1,560 per sqft, 12% above the AED 1,388 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 25 February 2025, is AED 200,000 a year: a gross yield of 14.7% on the 2024 price, before the service charge of about AED 29,100 a year.
Sales and rents for 1008 over time
1008 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 1008 sits
All 110 2-beds →1008 last sold in March 2024 at AED 1,560 per sqft, 12% above 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 3,500,000 to 3,700,000, around AED 1,922 per sqft, and rent for AED 166,031 to 416,879 a year. 1008's AED 200,000 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 | |
| 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 | |
| 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 | |
| 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 |
1008, Marina Residences 3 in numbers
- Sold twice: first on 27 March 2012 for AED 2,880,000, last on 27 March 2024 for AED 1,362,481 (AED 1,560 per sqft).
- Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 121,000 to AED 95,000 in 2020 and recovered to AED 200,000 by February 2025.
- At AED 200,000 a year the gross yield on the 2024 price is 14.7%, before a service charge of about AED 29,100 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 25 February 2025.
Questions about 1008, Marina Residences 3
What did unit 1008 last sell for?
AED 1,362,481 on 27 March 2024: AED 1,560 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 2,880,000 in March 2012.
What is the rent for unit 1008?
AED 200,000 a year on the contract renewed on 25 February 2025. The previous contract, from December 2023, was AED 132,193; the unit has been rented since April 2014.
How big is unit 1008?
1,746 sqft (162.2 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1008 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 1008, Marina Residences 3
Starts from the last sale price (AED 1.36M, 27 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,362,481
- Deposit, UAE resident (20%)
- AED 272,496
- Deposit, non-resident (40%)
- AED 544,992
- Monthly over 25 years at 3.7%
- AED 5,574
Plus AED 62,234 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →