2-bed · 2,046 sqftMarina Residences 3, Palm Jumeirah · 1st floor · completed 2009

108, Marina Residences 3

Sold prices and rental history: sold 3 times, last in June 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2.13M4 June 2013
Current rentAED 175K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Marina Residences 3

What is 108 worth today?

Last sold for AED 2,130,000 in 2013

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1 Nov 2024RentedRenewal
AED 175,000/yr12 months · AED 86 per sqft
1 Nov 2024RentedRenewal
AED 175,000/yr12 months · AED 86 per sqft
10 Sep 2022RentedRenewal
AED 113,000/yr12 months · AED 55 per sqft
10 Sep 2020RentedNew contract
AED 95,000/yr12 months · AED 46 per sqft
4 Jun 2013SoldReady
AED 2,130,000AED 1,041 per sqft
23 Dec 2010SoldReady
AED 2,000,000AED 977 per sqft
22 Nov 2010Sold by developerReady
AED 2,861,100AED 1,398 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
2,046 sqft
Floor
1st of 14
Parking
CLG-262
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 2.13M · June 2013

About 108, Marina Residences 3

108 is a two-bedroom apartment of 2,046 sqft on the 1st floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 4 June 2013 for AED 2,130,000, or AED 1,041 per sqft, in line with the AED 1,041 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 175,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 34,100 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical two-bed in Marina Residences 3
2M3M20102014201820222026Typical sale price by year: 2010 AED 2,703,000; 2011 AED 2,670,000; 2012 AED 2,130,000; 2013 AED 2,012,750; 2014 AED 2,647,900; 2015 AED 2,618,600; 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 3,500,000Sold by developer, November 2010: AED 2,861,100 (AED 1,398 per sqft)Sold, December 2010: AED 2,000,000 (AED 977 per sqft)Sold, June 2013: AED 2,130,000 (AED 1,041 per sqft)

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

Rents
Unit 108, each contractTypical two-bed in Marina Residences 3
100K150K200K2012201620202024Typical 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 145,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 110,000; 2022 AED 126,500; 2023 AED 145,000; 2024 AED 172,826; 2025 AED 190,000; 2026 AED 200,000New contract, September 2020: AED 95,000 a yearRenewal, September 2022: AED 113,000 a yearRenewal, November 2024: AED 175,000 a yearRenewal, November 2024: AED 175,000 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 108 sits

All 110 2-beds →

108 last sold in June 2013 at AED 1,041 per sqft, in line with what two-beds in Marina Residences 3 were fetching at the time (AED 1,041). 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. 108's AED 175,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 20254,500,000
19 Jun 20253,500,000
18 Jun 20253,100,000
23 Apr 20253,250,000
2 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. 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%
Marina Residences 3, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 165 units in Marina Residences 3
Value
1012-bedAED 2.39M · Nov 2010
1022-bedAED 2.75M · Mar 2014
1032-bedAED 4M · Mar 2025
1042-bedAED 2.75M · Nov 2010
1053-bedAED 2.85M · Jun 2021
1063-bedAED 6.13M · Nov 2010
1073-bedAED 3.15M · Feb 2011
1–7 of 10

108, Marina Residences 3 in numbers

  • Sold 3 times: first on 22 November 2010 for AED 2,861,100, last on 4 June 2013 for AED 2,130,000 (AED 1,041 per sqft).
  • Rented since September 2020 on 4 Ejari contracts, from AED 95,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2013 price is 8.2%, before a service charge of about AED 34,100 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 1 November 2024.

Questions about 108, Marina Residences 3

What did unit 108 last sell for?

AED 2,130,000 on 4 June 2013: AED 1,041 per sqft for 2,046 sqft. The unit has 3 registered sales; the first was AED 2,861,100 in November 2010.

What is the rent for unit 108?

AED 175,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2024, was AED 175,000; the unit has been rented since September 2020.

How big is unit 108?

2,046 sqft (190.1 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 108 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 108, Marina Residences 3

Starts from the last sale price (AED 2.13M, 4 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,130,000
Deposit, UAE resident (20%)
AED 426,000
Deposit, non-resident (40%)
AED 852,000
Monthly over 25 years at 3.7%
AED 8,714

Plus AED 94,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →