2-bed · 2,019 sqftMarina Residences 3, Palm Jumeirah · 13th floor · completed 2009

1301, Marina Residences 3

Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 1.3M29 November 2010
Current rentAED 190K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Marina Residences 3

What is 1301 worth today?

Last sold for AED 1,300,000 in 2010

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1 Apr 2025RentedNew contract
AED 190,000/yr12 months · AED 94 per sqft
20 Dec 2022RentedNew contract
AED 160,000/yr12 months · AED 79 per sqft
15 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
26 Mar 2020RentedNew contract
AED 115,000/yr12 months · AED 57 per sqft
27 Feb 2019RentedRenewal
AED 130,000/yr12 months · AED 64 per sqft
27 Feb 2018RentedNew contract
AED 140,000/yr12 months · AED 69 per sqft
21 Jan 2016RentedRenewal
AED 178,500/yr12 months · AED 88 per sqft
29 Nov 2010SoldReady
AED 1,300,000AED 643 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
2,019 sqft
Floor
13th of 14
Parking
CB1-287
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 33,700 /yr
Last sold
AED 1.3M · November 2010

About 1301, Marina Residences 3

1301 is a two-bedroom apartment of 2,019 sqft on the 13th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 29 November 2010 for AED 1,300,000, or AED 643 per sqft, 53% below the AED 1,376 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 April 2025, is AED 190,000 a year: a gross yield of 14.6% on the 2010 price, before the service charge of about AED 33,700 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical two-bed in Marina Residences 3
1M2M3M20102014201820222026Typical 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, November 2010: AED 1,300,000 (AED 643 per sqft)Sold by developer, November 2010: AED 3,315,500 (AED 1,642 per sqft)

1301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, 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 200,000Renewal, January 2016: AED 178,500 a yearNew contract, February 2018: AED 140,000 a yearRenewal, February 2019: AED 130,000 a yearNew contract, March 2020: AED 115,000 a yearNew contract, December 2020: AED 100,000 a yearNew contract, December 2022: AED 160,000 a yearNew contract, April 2025: AED 190,000 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 1301 sits

All 110 2-beds →

1301 last sold in November 2010 at AED 643 per sqft, 53% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,376). 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. 1301's AED 190,000 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 13th floor

All 165 units in Marina Residences 3
Value
13022-bedAED 608K · Mar 2020
13032-bedAED 3M · Jan 2016
13042-bedAED 3.15M · Mar 2014
13053-bedAED 4.9M · Jul 2024
13063-bedAED 4.48M · Jun 2018
13073-bedAED 4.05M · Jan 2024
13082-bedAED 2.65M · Jan 2024
1–7 of 10

1301, Marina Residences 3 in numbers

  • Sold twice: first on 11 November 2010 for AED 3,315,500, last on 29 November 2010 for AED 1,300,000 (AED 643 per sqft).
  • Rented since January 2016 on 7 Ejari contracts. The rent fell from AED 178,500 to AED 100,000 in 2020 and recovered to AED 190,000 by April 2025.
  • At AED 190,000 a year the gross yield on the 2010 price is 14.6%, before a service charge of about AED 33,700 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 April 2025.

Questions about 1301, Marina Residences 3

What did unit 1301 last sell for?

AED 1,300,000 on 29 November 2010: AED 643 per sqft for 2,019 sqft. The unit has 2 registered sales; the first was AED 3,315,500 in November 2010.

What is the rent for unit 1301?

AED 190,000 a year on the contract signed on 1 April 2025. The previous contract, from December 2022, was AED 160,000; the unit has been rented since January 2016.

How big is unit 1301?

2,019 sqft (187.6 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1301 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 1301, Marina Residences 3

Starts from the last sale price (AED 1.3M, 29 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →