3-bed · 4,053 sqftMarina Residences 3, Palm Jumeirah · 2nd floor · completed 2009

206, Marina Residences 3

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 3 August 2023
Last soldAED 6.15M3 August 2023
Current rentAED 212K /yr16 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Marina Residences 3

What is 206 worth today?

Last sold for AED 6,150,000 in 2023

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3 Aug 2023SoldReady
AED 6,150,000AED 1,517 per sqft
14 Oct 2020SoldReady
AED 3,125,000AED 770 per sqft
16 Jul 2020RentedNew contract
AED 212,000/yr12 months · AED 52 per sqft
22 Jun 2016RentedNew contract
AED 270,000/yr12 months · AED 67 per sqft
10 Sep 2015RentedNew contract
AED 290,000/yr12 months · AED 71 per sqft
6 Oct 2014RentedNew contract
AED 260,000/yr12 months · AED 64 per sqft
6 Oct 2013RentedNew contract
AED 260,000/yr12 months · AED 64 per sqft
7 Nov 2010Sold by developerReady
AED 6,229,300AED 1,536 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 August 2023.

Key facts

Type
3-bed apartment
Size
4,053 sqft
Floor
2nd of 14
Parking
3-LG283, 3-LG284
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 6.15M · August 2023

About 206, Marina Residences 3

206 is a three-bedroom apartment of 4,053 sqft on the 2nd floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 3 August 2023 for AED 6,150,000, or AED 1,517 per sqft, 4% above the AED 1,455 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 16 July 2020, is AED 212,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 67,600 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, November 2010: AED 6,229,300 (AED 1,536 per sqft)Sold, October 2020: AED 3,125,000 (AED 770 per sqft)Sold, August 2023: AED 6,150,000 (AED 1,517 per sqft)

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

Rents
Unit 206, each contractTypical three-bed in Marina Residences 3
200K300K2012201620202024Typical 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 330,000New contract, October 2013: AED 260,000 a yearNew contract, October 2014: AED 260,000 a yearNew contract, September 2015: AED 290,000 a yearNew contract, June 2016: AED 270,000 a yearNew contract, July 2020: AED 212,000 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 206 sits

All 43 3-beds →

206 last sold in August 2023 at AED 1,517 per sqft, 4% above what three-beds in Marina Residences 3 were fetching at the time (AED 1,455). 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 2nd floor

All 165 units in Marina Residences 3
Value
2012-bedAED 1.28M · Nov 2010
2022-bedAED 2.75M · Nov 2021
2032-bedAED 2.9M · Feb 2023
2042-bedAED 4.5M · Jul 2025
2053-bedAED 4.3M · Jul 2023
2073-bedAED 1.5M · Jun 2010
2082-bedAED 2.45M · Jan 2022
1–7 of 10

206, Marina Residences 3 in numbers

  • Sold 3 times: first on 7 November 2010 for AED 6,229,300, last on 3 August 2023 for AED 6,150,000 (AED 1,517 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 260,000 to AED 212,000 a year.
  • At AED 212,000 a year the gross yield on the 2023 price is 3.5%, 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 3 August 2023.

Questions about 206, Marina Residences 3

What did unit 206 last sell for?

AED 6,150,000 on 3 August 2023: AED 1,517 per sqft for 4,053 sqft. The unit has 3 registered sales; the first was AED 6,229,300 in November 2010.

What is the rent for unit 206?

AED 212,000 a year on the contract signed on 16 July 2020. The previous contract, from June 2016, was AED 270,000; the unit has been rented since October 2013.

How big is unit 206?

4,053 sqft (376.5 sqm): a three-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 206 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.

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Mortgage on 206, Marina Residences 3

Starts from the last sale price (AED 6.15M, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,150,000
Deposit, UAE resident (20%)
AED 1,230,000
Deposit, non-resident (40%)
AED 2,460,000
Monthly over 25 years at 3.7%
AED 25,162

Plus AED 263,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →