601, Marina Residences 3
Sold prices and rental history: sold once, by the developer in August 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Marina Residences 3
What is 601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 6th of 14
- Parking
- CB1-276
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.54M · August 2011
- Building
- Marina Residences 3
About 601, Marina Residences 3
601 is a two-bedroom apartment of 1,870 sqft on the 6th 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 2 August 2011 for AED 2,540,000, or AED 1,358 per sqft, in line with the AED 1,340 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 12 December 2024, is AED 185,000 a year: a gross yield of 7.3% on the 2011 price, before the service charge of about AED 31,200 a year.
Sales and rents for 601 over time
601 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 601 sits
All 110 2-beds →601 last sold in August 2011 at AED 1,358 per sqft, in line with what two-beds in Marina Residences 3 were fetching at the time (AED 1,340). 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. 601's AED 185,000 is in the lower half 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 6th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,735 sqft | AED 3.5MAED 3,500,000 · Oct 2024October 2024 | 170,000 /yr | |
| 603 | 2-bed | 1,735 sqft | AED 3.38MAED 3,380,000 · Feb 2024February 2024 | 210,000 /yr | |
| 604 | 2-bed | 1,746 sqft | AED 2.88MAED 2,879,000 · Dec 2012December 2012 | 115,000 /yr | |
| 605 | 2,439 sqft | AED 7.3MAED 7,300,000 · Nov 2025November 2025 | 132,500 /yr | ||
| 606 | 3-bed | 4,054 sqft | AED 3.8MAED 3,800,000 · Apr 2021April 2021 | ||
| 607 | 3-bed | 2,439 sqft | AED 4.2MAED 4,200,000 · Oct 2024October 2024 | 192,000 /yr | |
| 608 | 2-bed | 1,746 sqft | AED 2.75MAED 2,750,000 · Jul 2024July 2024 | 83,000 /yr | |
| 609 | 2-bed | 1,735 sqft | AED 1.2MAED 1,200,000 · Nov 2015November 2015 | 120,000 /yr | |
| 610 | 2-bed | 1,735 sqft | AED 2.95MAED 2,950,000 · Oct 2024October 2024 | 200,000 /yr | |
| 611 | 2-bed | 1,870 sqft | AED 2.61MAED 2,613,300 · Oct 2015October 2015 |
601, Marina Residences 3 in numbers
- Sold once: by The Palm - Jumeirah Co on 2 August 2011 for AED 2,540,000, or AED 1,358 per sqft.
- Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2020 and recovered to AED 185,000 by December 2024.
- At AED 185,000 a year the gross yield on the 2011 price is 7.3%, before a service charge of about AED 31,200 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 12 December 2024.
Questions about 601, Marina Residences 3
What did unit 601 last sell for?
AED 2,540,000 on 2 August 2011, sold by the developer: AED 1,358 per sqft for 1,870 sqft. It is the only registered sale of the unit.
What is the rent for unit 601?
AED 185,000 a year on the contract signed on 12 December 2024. The previous contract, from September 2023, was AED 139,150; the unit has been rented since January 2015.
How big is unit 601?
1,870 sqft (173.7 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.
What is unit 601 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 601, Marina Residences 3
Starts from the last sale price (AED 2.54M, 2 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,540,000
- Deposit, UAE resident (20%)
- AED 508,000
- Deposit, non-resident (40%)
- AED 1,016,000
- Monthly over 25 years at 3.7%
- AED 10,392
Plus AED 111,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →