2-bed · 1,735 sqftMarina Residences 3, Palm Jumeirah · 6th floor · completed 2009

609, Marina Residences 3

Sold prices and rental history: sold twice, last in November 2015, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 1.2M23 November 2015
Current rentAED 120K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Marina Residences 3

What is 609 worth today?

Last sold for AED 1,200,000 in 2015

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1 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
10 Jan 2016RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
23 Nov 2015SoldReady
AED 1,200,000AED 691 per sqft
22 Apr 2015RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
26 Aug 2014Sold by developerReady
AED 2,575,900AED 1,484 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2020.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
6th of 14
Parking
CLG-289
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 1.2M · November 2015

About 609, Marina Residences 3

609 is a two-bedroom apartment of 1,735 sqft on the 6th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 23 November 2015 for AED 1,200,000, or AED 691 per sqft, 50% below the AED 1,371 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 September 2020, is AED 120,000 a year: a gross yield of 10.0% on the 2015 price, before the service charge of about AED 28,900 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical two-bed in Marina Residences 3
2M20102014201820222026Typical sale price by year: 2010 AED 2,703,000; 2011 AED 2,670,000; 2012 AED 2,130,000; 2013 AED 2,012,750; 2014 AED 2,647,900; 2015 AED 2,618,600; 2016 AED 2,650,000; 2017 AED 2,567,500; 2018 AED 1,936,766; 2019 AED 1,748,000; 2020 AED 1,497,500; 2021 AED 1,865,000; 2022 AED 2,350,000; 2023 AED 2,662,500; 2024 AED 3,000,000; 2025 AED 3,500,000Sold by developer, August 2014: AED 2,575,900 (AED 1,484 per sqft)Sold, November 2015: AED 1,200,000 (AED 691 per sqft)

609 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 609, each contractTypical two-bed in Marina Residences 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 122,500; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 145,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 110,000; 2022 AED 126,500; 2023 AED 145,000; 2024 AED 172,826; 2025 AED 190,000; 2026 AED 200,000New contract, April 2015: AED 110,000 a yearNew contract, January 2016: AED 160,000 a yearNew contract, September 2020: AED 120,000 a year

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 609 sits

All 110 2-beds →

609 last sold in November 2015 at AED 691 per sqft, 50% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,371). 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. 609's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 20254,500,000
19 Jun 20253,500,000
18 Jun 20253,100,000
23 Apr 20253,250,000
2 2-bed sales 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 6th floor

All 165 units in Marina Residences 3
Value
6012-bedAED 2.54M · Aug 2011
6022-bedAED 3.5M · Oct 2024
6032-bedAED 3.38M · Feb 2024
6042-bedAED 2.88M · Dec 2012
605AED 7.3M · Nov 2025
6063-bedAED 3.8M · Apr 2021
6073-bedAED 4.2M · Oct 2024
1–7 of 10

609, Marina Residences 3 in numbers

  • Sold twice: first on 26 August 2014 for AED 2,575,900, last on 23 November 2015 for AED 1,200,000 (AED 691 per sqft).
  • Rented since April 2015 on 3 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 10.0%, before a service charge of about AED 28,900 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 September 2020.

Questions about 609, Marina Residences 3

What did unit 609 last sell for?

AED 1,200,000 on 23 November 2015: AED 691 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 2,575,900 in August 2014.

What is the rent for unit 609?

AED 120,000 a year on the contract signed on 1 September 2020. The previous contract, from January 2016, was AED 160,000; the unit has been rented since April 2015.

How big is unit 609?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 609 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 609, Marina Residences 3

Starts from the last sale price (AED 1.2M, 23 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →