701, Marina Residences 3
Sold prices and rental history: sold 4 times, last in August 2022, 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 701, Marina Residences 3
What is 701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 2 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 7th of 14
- Parking
- CB1-274
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.35M · August 2022
- Building
- Marina Residences 3
About 701, Marina Residences 3
701 is a two-bedroom apartment of 1,870 sqft on the 7th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 26 August 2022 for AED 2,350,000, or AED 1,256 per sqft, 19% above the AED 1,059 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 2 December 2024, is AED 210,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 31,200 a year.
Sales and rents for 701 over time
701 has sold 4 times; 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 701 sits
All 110 2-beds →701 last sold in August 2022 at AED 1,256 per sqft, 19% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,059). 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. 701's AED 210,000 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 7th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,735 sqft | AED 2.13MAED 2,130,000 · Oct 2012October 2012 | 127,500 /yr | |
| 703 | 2-bed | 1,735 sqft | AED 3.17MAED 3,174,100 · Nov 2010November 2010 | 215,000 /yr | |
| 704 | 2-bed | 1,746 sqft | AED 3.04MAED 3,041,200 · Sep 2010September 2010 | 180,000 /yr | |
| 705 | 2,439 sqft | AED 3.4MAED 3,400,000 · Apr 2022April 2022 | 150,000 /yr | ||
| 706 | 3-bed | 4,054 sqft | AED 4.85MAED 4,850,000 · Dec 2012December 2012 | 250,000 /yr | |
| 707 | 3-bed | 2,439 sqft | AED 3.2MAED 3,200,000 · Feb 2023February 2023 | 180,000 /yr | |
| 708 | 2-bed | 1,746 sqft | AED 1.85MAED 1,850,000 · Feb 2022February 2022 | 180,000 /yr | |
| 709 | 1,735 sqft | AED 3.7MAED 3,700,000 · Dec 2025December 2025 | 109,999 /yr | ||
| 710 | 2-bed | 1,735 sqft | AED 2.85MAED 2,850,000 · Jun 2024June 2024 | 220,000 /yr | |
| 711 | 2-bed | 1,870 sqft | AED 3MAED 3,000,000 · Sep 2024September 2024 | 416,879 /yr |
701, Marina Residences 3 in numbers
- Sold 4 times: first on 19 August 2010 for AED 2,689,500, last on 26 August 2022 for AED 2,350,000 (AED 1,256 per sqft).
- Rented since January 2014 on 5 Ejari contracts. The rent fell from AED 142,500 to AED 105,000 in 2021 and recovered to AED 210,000 by December 2024.
- At AED 210,000 a year the gross yield on the 2022 price is 8.9%, 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 2 December 2024.
Questions about 701, Marina Residences 3
What did unit 701 last sell for?
AED 2,350,000 on 26 August 2022: AED 1,256 per sqft for 1,870 sqft. The unit has 4 registered sales; the first was AED 2,689,500 in August 2010.
What is the rent for unit 701?
AED 210,000 a year on the contract renewed on 2 December 2024. The previous contract, from December 2023, was AED 210,000; the unit has been rented since January 2014.
How big is unit 701?
1,870 sqft (173.7 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 701, Marina Residences 3
Starts from the last sale price (AED 2.35M, 26 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →