704, Marina Residences 3
Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Marina Residences 3
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,746 sqft
- Floor
- 7th of 14
- Parking
- CLG-274
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,100 /yr
- Last sold
- AED 3.04M · September 2010
- Building
- Marina Residences 3
About 704, Marina Residences 3
704 is a two-bedroom apartment of 1,746 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 13 September 2010 for AED 3,041,200, or AED 1,742 per sqft, 29% above the AED 1,353 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 180,000 a year: a gross yield of 5.9% on the 2010 price, before the service charge of about AED 29,100 a year.
Sales and rents for 704 over time
704 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 704 sits
All 110 2-beds →704 last sold in September 2010 at AED 1,742 per sqft, 29% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,353). 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. 704's AED 180,000 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 | |
| 703 | 2-bed | 1,735 sqft | AED 3.17MAED 3,174,100 · Nov 2010November 2010 | 215,000 /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 |
704, Marina Residences 3 in numbers
- Sold once: by The Palm - Jumeirah Co on 13 September 2010 for AED 3,041,200, or AED 1,742 per sqft.
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 167,000 to AED 115,000 in 2020 and recovered to AED 180,000 by November 2024.
- At AED 180,000 a year the gross yield on the 2010 price is 5.9%, before a service charge of about AED 29,100 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 15 November 2024.
Questions about 704, Marina Residences 3
What did unit 704 last sell for?
AED 3,041,200 on 13 September 2010, sold by the developer: AED 1,742 per sqft for 1,746 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 180,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 165,000; the unit has been rented since August 2013.
How big is unit 704?
1,746 sqft (162.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 704 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 704, Marina Residences 3
Starts from the last sale price (AED 3.04M, 13 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 3,041,200
- Deposit, UAE resident (20%)
- AED 608,240
- Deposit, non-resident (40%)
- AED 1,216,480
- Monthly over 25 years at 3.7%
- AED 12,442
Plus AED 132,740 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →