703, Marina Residences 3
Sold prices and rental history: sold once, by the developer in November 2010, 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 703, Marina Residences 3
What is 703 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 7th of 14
- Parking
- CLG-286
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 3.17M · November 2010
- Building
- Marina Residences 3
About 703, Marina Residences 3
703 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. The developer sold it on 30 November 2010 for AED 3,174,100, or AED 1,829 per sqft, 31% above the AED 1,398 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 29 September 2024, is AED 215,000 a year: a gross yield of 6.8% on the 2010 price, before the service charge of about AED 28,900 a year.
Sales and rents for 703 over time
703 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 703 sits
All 110 2-beds →703 last sold in November 2010 at AED 1,829 per sqft, 31% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,398). 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. 703's AED 215,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,870 sqft | AED 2.35MAED 2,350,000 · Aug 2022August 2022 | 210,000 /yr | |
| 702 | 2-bed | 1,735 sqft | AED 2.13MAED 2,130,000 · Oct 2012October 2012 | 127,500 /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 |
703, Marina Residences 3 in numbers
- Sold once: by The Palm - Jumeirah Co on 30 November 2010 for AED 3,174,100, or AED 1,829 per sqft.
- Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 185,000 to AED 120,000 in 2022 and recovered to AED 215,000 by September 2024.
- At AED 215,000 a year the gross yield on the 2010 price is 6.8%, 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 29 September 2024.
Questions about 703, Marina Residences 3
What did unit 703 last sell for?
AED 3,174,100 on 30 November 2010, sold by the developer: AED 1,829 per sqft for 1,735 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 215,000 a year on the contract signed on 29 September 2024. The previous contract, from March 2024, was AED 200,000; the unit has been rented since November 2014.
How big is unit 703?
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 703 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 703, Marina Residences 3
Starts from the last sale price (AED 3.17M, 30 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 3,174,100
- Deposit, UAE resident (20%)
- AED 634,820
- Deposit, non-resident (40%)
- AED 1,269,640
- Monthly over 25 years at 3.7%
- AED 12,986
Plus AED 138,322 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →