304, Marina Residences 3
Sold prices and rental history: sold once, by the developer in December 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Marina Residences 3
What is 304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,858 sqft
- Floor
- 3rd of 14
- Parking
- CB1-209
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,000 /yr
- Last sold
- AED 2.1M · December 2010
- Building
- Marina Residences 3
About 304, Marina Residences 3
304 is a two-bedroom apartment of 1,858 sqft on the 3rd 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 7 December 2010 for AED 2,096,400, or AED 1,128 per sqft, 18% below the AED 1,376 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 22 June 2024, is AED 165,000 a year: a gross yield of 7.9% on the 2010 price, before the service charge of about AED 31,000 a year.
Sales and rents for 304 over time
304 has sold once; 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 304 sits
All 110 2-beds →304 last sold in December 2010 at AED 1,128 per sqft, 18% 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. 304's AED 165,000 is at the bottom 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 3rd floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,950 sqft | AED 2.65MAED 2,650,000 · Sep 2023September 2023 | 115,000 /yr | |
| 302 | 2-bed | 2,041 sqft | AED 3.8MAED 3,800,000 · Nov 2024November 2024 | 126,000 /yr | |
| 303 | 2-bed | 1,935 sqft | AED 2.02MAED 2,020,000 · May 2023May 2023 | 215,000 /yr | |
| 305 | 3-bed | 2,440 sqft | AED 3.63MAED 3,627,000 · Jun 2011June 2011 | 174,500 /yr | |
| 306 | 3-bed | 4,053 sqft | AED 5.9MAED 5,900,000 · Sep 2022September 2022 | 225,000 /yr | |
| 307 | 3-bed | 2,440 sqft | AED 1.85MAED 1,850,000 · Feb 2021February 2021 | 300,000 /yr | |
| 308 | 2-bed | 1,858 sqft | AED 2.5MAED 2,500,000 · Jun 2015June 2015 | 180,000 /yr | |
| 309 | 2-bed | 1,935 sqft | AED 2.28MAED 2,283,000 · Jul 2019July 2019 | 59,839 /yr | |
| 310 | 2-bed | 2,041 sqft | AED 1.93MAED 1,930,000 · Oct 2021October 2021 | 98,000 /yr | |
| 311 | 2-bed | 1,950 sqft | AED 1.45MAED 1,450,000 · Nov 2010November 2010 | 132,000 /yr |
304, Marina Residences 3 in numbers
- Sold once: by The Palm - Jumeirah Co on 7 December 2010 for AED 2,096,400, or AED 1,128 per sqft.
- Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2021 and recovered to AED 165,000 by June 2024.
- At AED 165,000 a year the gross yield on the 2010 price is 7.9%, before a service charge of about AED 31,000 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 22 June 2024.
Questions about 304, Marina Residences 3
What did unit 304 last sell for?
AED 2,096,400 on 7 December 2010, sold by the developer: AED 1,128 per sqft for 1,858 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 165,000 a year on the contract signed on 22 June 2024. The previous contract, from June 2022, was AED 150,000; the unit has been rented since December 2014.
How big is unit 304?
1,858 sqft (172.6 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.
What is unit 304 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 304, Marina Residences 3
Starts from the last sale price (AED 2.1M, 7 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,096,400
- Deposit, UAE resident (20%)
- AED 419,280
- Deposit, non-resident (40%)
- AED 838,560
- Monthly over 25 years at 3.7%
- AED 8,577
Plus AED 93,059 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →