702, Marina Residences 3
Sold prices and rental history: sold 3 times, last in October 2012, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Marina Residences 3
What is 702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 7th of 14
- Parking
- CLG-287
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2.13M · October 2012
- Building
- Marina Residences 3
About 702, Marina Residences 3
702 is a two-bedroom apartment of 1,735 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 17 October 2012 for AED 2,130,000, or AED 1,227 per sqft, 4% below the AED 1,277 two-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 26 March 2019, is AED 127,500 a year: a gross yield of 6.0% on the 2012 price, before the service charge of about AED 28,900 a year.
Sales and rents for 702 over time
702 has sold 3 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 702 sits
All 110 2-beds →702 last sold in October 2012 at AED 1,227 per sqft, 4% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,277). 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. 702's AED 127,500 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 7th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,870 sqft | AED 2.35MAED 2,350,000 · Aug 2022August 2022 | 210,000 /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 |
702, Marina Residences 3 in numbers
- Sold 3 times: first on 9 March 2010 for AED 2,949,600, last on 17 October 2012 for AED 2,130,000 (AED 1,227 per sqft).
- Rented since October 2015 on 2 Ejari contracts, from AED 170,000 to AED 127,500 a year.
- At AED 127,500 a year the gross yield on the 2012 price is 6.0%, 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 26 March 2019.
Questions about 702, Marina Residences 3
What did unit 702 last sell for?
AED 2,130,000 on 17 October 2012: AED 1,227 per sqft for 1,735 sqft. The unit has 3 registered sales; the first was AED 2,949,600 in March 2010.
What is the rent for unit 702?
AED 127,500 a year on the contract signed on 26 March 2019. The previous contract, from October 2015, was AED 170,000.
How big is unit 702?
1,735 sqft (161.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 702 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 702, Marina Residences 3
Starts from the last sale price (AED 2.13M, 17 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,130,000
- Deposit, UAE resident (20%)
- AED 426,000
- Deposit, non-resident (40%)
- AED 852,000
- Monthly over 25 years at 3.7%
- AED 8,714
Plus AED 94,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →