3-bed · 4,054 sqftMarina Residences 3, Palm Jumeirah · 12th floor · completed 2009

1206, Marina Residences 3

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 8.7M10 February 2025
Current rentAED 430K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Marina Residences 3

What is 1206 worth today?

Last sold for AED 8,700,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Feb 2025SoldReady
AED 8,700,000AED 2,146 per sqft
5 Oct 2024RentedRenewal
AED 430,000/yr12 months · AED 106 per sqft
5 Oct 2023RentedNew contract
AED 430,000/yr12 months · AED 106 per sqft
15 Jun 2022RentedRenewal
AED 219,214/yr9 months · AED 54 per sqft
15 Jun 2021RentedRenewal
AED 200,000/yr12 months · AED 49 per sqft
15 Oct 2014SoldReady
AED 7,000,000AED 1,726 per sqft
10 Oct 2010Sold by developerReady
AED 4,830,000AED 1,191 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2025.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
12th of 14
Parking
3-LG248, 3-LG249
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 8.7M · February 2025

About 1206, Marina Residences 3

1206 is a three-bedroom apartment of 4,054 sqft on the 12th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 10 February 2025 for AED 8,700,000, or AED 2,146 per sqft, 9% above the AED 1,971 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 430,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 67,600 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical three-bed in Marina Residences 3
5M20102014201820222026Typical sale price by year: 2010 AED 3,700,000; 2011 AED 3,589,400; 2012 AED 3,420,000; 2013 AED 3,467,050; 2014 AED 4,350,000; 2017 AED 3,087,500; 2020 AED 3,125,000; 2021 AED 2,850,000; 2023 AED 4,165,000; 2024 AED 4,200,000; 2025 AED 8,700,000Sold by developer, October 2010: AED 4,830,000 (AED 1,191 per sqft)Sold, October 2014: AED 7,000,000 (AED 1,726 per sqft)Sold, February 2025: AED 8,700,000 (AED 2,146 per sqft)

1206 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1206, each contractTypical three-bed in Marina Residences 3
200K400K2012201620202024Typical rent by year: 2012 AED 220,000; 2013 AED 195,000; 2014 AED 225,750; 2015 AED 225,000; 2016 AED 210,000; 2017 AED 182,500; 2018 AED 172,500; 2019 AED 165,000; 2020 AED 160,000; 2021 AED 160,000; 2022 AED 219,214; 2023 AED 250,000; 2024 AED 254,000; 2025 AED 330,000Renewal, June 2021: AED 200,000 a yearRenewal, June 2022: AED 219,214 a yearNew contract, October 2023: AED 430,000 a yearRenewal, October 2024: AED 430,000 a year

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 1206 sits

All 43 3-beds →

1206 last sold in February 2025 at AED 2,146 per sqft, 9% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,971). 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 salesUnit no.Price (AED)Summary
2 Feb 20267,300,000
4 Jun 20256,800,000
20 Mar 20256,500,000
14 Mar 20259,500,000
1 3-bed sale 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 12th floor

All 165 units in Marina Residences 3
Value
12012-bedAED 2.45M · Dec 2022
1202AED 2.75M · Jan 2023
12032-bedAED 2.8M · Dec 2015
12042-bedAED 2.95M · Mar 2015
12053-bedAED 6.5M · Mar 2025
12073-bedAED 3.53M · Mar 2011
12082-bedAED 3.5M · Jun 2025
1–7 of 10

1206, Marina Residences 3 in numbers

  • Sold 3 times: first on 10 October 2010 for AED 4,830,000, last on 10 February 2025 for AED 8,700,000 (AED 2,146 per sqft).
  • Rented since June 2021 on 4 Ejari contracts, from AED 200,000 to AED 430,000 a year.
  • At AED 430,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 67,600 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 10 February 2025.

Questions about 1206, Marina Residences 3

What did unit 1206 last sell for?

AED 8,700,000 on 10 February 2025: AED 2,146 per sqft for 4,054 sqft. The unit has 3 registered sales; the first was AED 4,830,000 in October 2010.

What is the rent for unit 1206?

AED 430,000 a year on the contract renewed on 5 October 2024. The previous contract, from October 2023, was AED 430,000; the unit has been rented since June 2021.

How big is unit 1206?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1206 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.

Selling 1206? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1206, Marina Residences 3

Starts from the last sale price (AED 8.7M, 10 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,700,000
Deposit, UAE resident (20%)
AED 1,740,000
Deposit, non-resident (40%)
AED 3,480,000
Monthly over 25 years at 3.7%
AED 35,594

Plus AED 370,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →