111, Marina Residences 3
Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Marina Residences 3
What is 111 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,975 sqft
- Floor
- 1st of 14
- Parking
- 3-B270
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 32,900 /yr
- Last sold
- AED 2.46M · August 2023
- Building
- Marina Residences 3
About 111, Marina Residences 3
111 is a two-bedroom apartment of 1,975 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 23 August 2023 for AED 2,456,533, or AED 1,243 per sqft, in line with the AED 1,243 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 2 January 2025, is AED 190,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 32,900 a year.
Sales and rents for 111 over time
111 has sold 4 times; 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 111 sits
All 110 2-beds →111 last sold in August 2023 at AED 1,243 per sqft, in line with what two-beds in Marina Residences 3 were fetching at the time (AED 1,243). 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. 111's AED 190,000 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 1st floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,975 sqft | AED 2.39MAED 2,386,800 · Nov 2010November 2010 | 100,396 /yr | |
| 102 | 2-bed | 1,023 sqft | AED 2.75MAED 2,750,000 · Mar 2014March 2014 | 110,000 /yr | |
| 103 | 2-bed | 2,045 sqft | AED 4MAED 4,000,000 · Mar 2025March 2025 | 175,000 /yr | |
| 104 | 2-bed | 2,046 sqft | AED 2.75MAED 2,751,000 · Nov 2010November 2010 | 100,000 /yr | |
| 105 | 3-bed | 2,736 sqft | AED 2.85MAED 2,850,000 · Jun 2021June 2021 | 256,364 /yr | |
| 106 | 3-bed | 4,730 sqft | AED 6.13MAED 6,127,395 · Nov 2010November 2010 | 600,000 /yr | |
| 107 | 3-bed | 2,736 sqft | AED 3.15MAED 3,150,000 · Feb 2011February 2011 | 185,000 /yr | |
| 108 | 2-bed | 2,046 sqft | AED 2.13MAED 2,130,000 · Jun 2013June 2013 | 175,000 /yr | |
| 109 | 2,045 sqft | AED 3.5MAED 3,500,000 · Nov 2025November 2025 | 132,154 /yr | ||
| 110 | 2-bed | 2,046 sqft | AED 2.85MAED 2,850,000 · Dec 2023December 2023 | 200,000 /yr |
111, Marina Residences 3 in numbers
- Sold 4 times: first on 21 March 2010 for AED 2,485,500, last on 23 August 2023 for AED 2,456,533 (AED 1,243 per sqft).
- Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 105,000 to AED 85,000 in 2020 and recovered to AED 190,000 by January 2025.
- At AED 190,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 32,900 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 2 January 2025.
Questions about 111, Marina Residences 3
What did unit 111 last sell for?
AED 2,456,533 on 23 August 2023: AED 1,243 per sqft for 1,975 sqft. The unit has 4 registered sales; the first was AED 2,485,500 in March 2010.
What is the rent for unit 111?
AED 190,000 a year on the contract signed on 2 January 2025. The previous contract, from August 2021, was AED 115,000; the unit has been rented since March 2019.
How big is unit 111?
1,975 sqft (183.5 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.
What is unit 111 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 111, Marina Residences 3
Starts from the last sale price (AED 2.46M, 23 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,456,533
- Deposit, UAE resident (20%)
- AED 491,307
- Deposit, non-resident (40%)
- AED 982,613
- Monthly over 25 years at 3.7%
- AED 10,050
Plus AED 108,184 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →