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3-bed · 2,438 sqftMarina Residences 3, Palm Jumeirah · 2nd floor · completed 2009

207, Marina Residences 3

Sold prices and rental history: sold once, by the developer in June 2010, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 6 January 2023
Last soldAED 1.5M8 June 2010
Current rentAED 250K /yr6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Marina Residences 3

What is 207 worth today?

Last sold for AED 1,500,000 in 2010

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6 Jan 2023RentedNew contract
AED 250,000/yr12 months · AED 102 per sqft
1 Oct 2012RentedNew contract
AED 245,000/yr12 months · AED 100 per sqft
8 Jun 2010Sold by developerReady
AED 1,500,000AED 615 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 January 2023.

Key facts

Type
3-bed apartment
Size
2,438 sqft
Floor
2nd of 14
Parking
CB1-227
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,600 /yr
Last sold
AED 1.5M · June 2010
Building
Marina Residences 3

About 207, Marina Residences 3

207 is a three-bedroom apartment of 2,438 sqft on the 2nd floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 8 June 2010 for AED 1,500,000, or AED 615 per sqft, 62% below the AED 1,610 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 6 January 2023, is AED 250,000 a year: a gross yield of 16.7% on the 2010 price, before the service charge of about AED 40,600 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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, June 2010: AED 1,500,000 (AED 615 per sqft)

207 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 207, 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 2012: AED 245,000 a yearNew contract, January 2023: AED 250,000 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 207 sits

All 43 3-beds →

207 last sold in June 2010 at AED 615 per sqft, 62% below what three-beds in Marina Residences 3 were fetching at the time (AED 1,610). 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
2063-bedAED 6.15M · Aug 2023
2082-bedAED 2.45M · Jan 2022
1–7 of 10

207, Marina Residences 3 in numbers

  • Sold once: by The Palm - Jumeirah Co on 8 June 2010 for AED 1,500,000, or AED 615 per sqft.
  • Rented since October 2012 on 2 Ejari contracts, from AED 245,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2010 price is 16.7%, before a service charge of about AED 40,600 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 6 January 2023.

Questions about 207, Marina Residences 3

What did unit 207 last sell for?

AED 1,500,000 on 8 June 2010, sold by the developer: AED 615 per sqft for 2,438 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 250,000 a year on the contract signed on 6 January 2023. The previous contract, from October 2012, was AED 245,000.

How big is unit 207?

2,438 sqft (226.5 sqm): a three-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 207 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 207, Marina Residences 3

Starts from the last sale price (AED 1.5M, 8 June 2010). 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 →