1209, Marina Residences 3
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1209, Marina Residences 3
What is 1209 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 12th of 14
- Parking
- CB1-7
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 1.5M · March 2011
- Building
- Marina Residences 3
About 1209, Marina Residences 3
1209 is a two-bedroom apartment of 1,778 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 17 March 2011 for AED 1,500,000, or AED 843 per sqft, 36% below the AED 1,326 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 195,000 a year: a gross yield of 13.0% on the 2011 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1209 over time
1209 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 1209 sits
All 110 2-beds →1209 last sold in March 2011 at AED 843 per sqft, 36% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,326). 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. 1209's AED 195,000 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 12th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 2,019 sqft | AED 2.45MAED 2,450,000 · Dec 2022December 2022 | 150,000 /yr | |
| 1202 | 1,778 sqft | AED 2.75MAED 2,750,000 · Jan 2023January 2023 | |||
| 1203 | 2-bed | 1,778 sqft | AED 2.8MAED 2,800,000 · Dec 2015December 2015 | 155,000 /yr | |
| 1204 | 2-bed | 1,746 sqft | AED 2.95MAED 2,950,000 · Mar 2015March 2015 | 215,000 /yr | |
| 1205 | 3-bed | 2,524 sqft | AED 6.5MAED 6,500,000 · Mar 2025March 2025 | 170,000 /yr | |
| 1206 | 3-bed | 4,054 sqft | AED 8.7MAED 8,700,000 · Feb 2025February 2025 | 430,000 /yr | |
| 1207 | 3-bed | 2,524 sqft | AED 3.53MAED 3,530,000 · Mar 2011March 2011 | 273,000 /yr | |
| 1208 | 2-bed | 1,746 sqft | AED 3.5MAED 3,500,000 · Jun 2025June 2025 | 219,900 /yr | |
| 1210 | 2-bed | 1,778 sqft | AED 3MAED 3,000,000 · Apr 2024April 2024 | 200,000 /yr | |
| 1211 | 2-bed | 2,019 sqft | AED 2.4MAED 2,400,000 · Jan 2017January 2017 | 149,390 /yr |
1209, Marina Residences 3 in numbers
- Sold twice: first on 27 September 2010 for AED 3,521,000, last on 17 March 2011 for AED 1,500,000 (AED 843 per sqft).
- Rented since September 2013 on 10 Ejari contracts, from AED 125,337 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2011 price is 13.0%, before a service charge of about AED 29,600 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 20 September 2024.
Questions about 1209, Marina Residences 3
What did unit 1209 last sell for?
AED 1,500,000 on 17 March 2011: AED 843 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 3,521,000 in September 2010.
What is the rent for unit 1209?
AED 195,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2023, was AED 195,000; the unit has been rented since September 2013.
How big is unit 1209?
1,778 sqft (165.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.
What is unit 1209 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 1209, Marina Residences 3
Starts from the last sale price (AED 1.5M, 17 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →