504, Marina Residences 3
Sold prices and rental history: sold once, by the developer in May 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 504, Marina Residences 3
What is 504 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 5th of 14
- Parking
- CLG-250
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 1.42M · May 2011
- Building
- Marina Residences 3
About 504, Marina Residences 3
504 is a two-bedroom apartment of 1,746 sqft on the 5th 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 23 May 2011 for AED 1,417,500, or AED 811 per sqft, 39% below the AED 1,326 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 165,000 a year: a gross yield of 11.6% on the 2011 price, before the service charge of about AED 29,100 a year.
Sales and rents for 504 over time
504 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 504 sits
All 110 2-beds →504 last sold in May 2011 at AED 811 per sqft, 39% 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. 504'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 5th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,870 sqft | AED 1.53MAED 1,530,000 · Feb 2020February 2020 | 140,000 /yr | |
| 502 | 2-bed | 1,735 sqft | AED 3.2MAED 3,200,000 · Dec 2023December 2023 | ||
| 503 | 2-bed | 1,735 sqft | AED 2.35MAED 2,350,000 · Aug 2021August 2021 | 139,612 /yr | |
| 505 | 3-bed | 2,439 sqft | AED 2.75MAED 2,750,000 · Jan 2012January 2012 | ||
| 506 | 3-bed | 4,053 sqft | AED 6.07MAED 6,067,000 · Dec 2011December 2011 | 465,000 /yr | |
| 507 | 3-bed | 2,439 sqft | AED 2.83MAED 2,825,000 · May 2013May 2013 | 198,020 /yr | |
| 508 | 2-bed | 1,746 sqft | AED 3MAED 3,000,000 · Dec 2024December 2024 | 165,000 /yr | |
| 509 | 2-bed | 1,735 sqft | AED 3MAED 3,000,000 · Jun 2024June 2024 | 150,000 /yr | |
| 510 | 2-bed | 1,735 sqft | AED 2MAED 2,000,000 · Feb 2023February 2023 | 166,031 /yr | |
| 511 | 1,870 sqft | AED 3.39MAED 3,390,000 · Oct 2025October 2025 | 165,000 /yr |
504, Marina Residences 3 in numbers
- Sold once: by The Palm - Jumeirah Co on 23 May 2011 for AED 1,417,500, or AED 811 per sqft.
- Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 105,000 in 2021 and recovered to AED 165,000 by April 2024.
- At AED 165,000 a year the gross yield on the 2011 price is 11.6%, before a service charge of about AED 29,100 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 2024.
Questions about 504, Marina Residences 3
What did unit 504 last sell for?
AED 1,417,500 on 23 May 2011, sold by the developer: AED 811 per sqft for 1,746 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 165,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 165,000; the unit has been rented since November 2013.
How big is unit 504?
1,746 sqft (162.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 504 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 504, Marina Residences 3
Starts from the last sale price (AED 1.42M, 23 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,417,500
- Deposit, UAE resident (20%)
- AED 283,500
- Deposit, non-resident (40%)
- AED 567,000
- Monthly over 25 years at 3.7%
- AED 5,799
Plus AED 64,545 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →