2-bed · 1,735 sqftMarina Residences 3, Palm Jumeirah · 9th floor · completed 2009

902, Marina Residences 3

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 2.76M14 February 2011
Current rentAED 140K /yr10 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Marina Residences 3

What is 902 worth today?

Last sold for AED 2,760,000 in 2011

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10 Jan 2024RentedRenewal
AED 139,755/yr12 months · AED 81 per sqft
10 Jan 2023RentedRenewal
AED 127,050/yr12 months · AED 73 per sqft
10 Jan 2022RentedRenewal
AED 121,000/yr12 months · AED 70 per sqft
1 Aug 2020RentedRenewal
AED 115,000/yr9 months · AED 66 per sqft
1 May 2020RentedRenewal
AED 120,000/yr3 months · AED 69 per sqft
1 May 2019RentedRenewal
AED 130,000/yr12 months · AED 75 per sqft
1 May 2018RentedNew contract
AED 145,000/yr12 months · AED 84 per sqft
1 Feb 2017RentedNew contract
AED 175,000/yr12 months · AED 101 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2024.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
9th of 14
Parking
CLG-2
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.76M · February 2011

About 902, Marina Residences 3

902 is a two-bedroom apartment of 1,735 sqft on the 9th 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 14 February 2011 for AED 2,760,000, or AED 1,590 per sqft, 15% above the AED 1,381 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 10 January 2024, is AED 139,755 a year: a gross yield of 5.1% on the 2011 price, before the service charge of about AED 28,900 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical two-bed in Marina Residences 3
2M3M20102014201820222026Typical 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, February 2011: AED 2,760,000 (AED 1,590 per sqft)

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

Rents
Unit 902, 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 2014: AED 161,000 a yearNew contract, April 2015: AED 177,100 a yearRenewal, April 2016: AED 177,100 a yearNew contract, February 2017: AED 175,000 a yearNew contract, May 2018: AED 145,000 a yearRenewal, May 2019: AED 130,000 a yearRenewal, May 2020: AED 120,000 a yearRenewal, August 2020: AED 115,000 a yearRenewal, January 2022: AED 121,000 a yearRenewal, January 2023: AED 127,050 a yearRenewal, January 2024: AED 139,755 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 902 sits

All 110 2-beds →

902 last sold in February 2011 at AED 1,590 per sqft, 15% above what two-beds in Marina Residences 3 were fetching at the time (AED 1,381). 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. 902's AED 139,755 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 9th floor

All 165 units in Marina Residences 3
Value
9012-bedAED 3M · Jul 2024
9032-bedAED 2.81M · May 2015
9042-bedAED 2.86M · Nov 2010
9053-bedAED 7.3M · Feb 2026
9063-bedAED 5.83M · Sep 2023
9073-bedAED 3.5M · May 2023
9082-bedAED 1.1M · Oct 2022
1–7 of 10

902, Marina Residences 3 in numbers

  • Sold once: by The Palm - Jumeirah Co on 14 February 2011 for AED 2,760,000, or AED 1,590 per sqft.
  • Rented since April 2014 on 11 Ejari contracts. The rent fell from AED 161,000 to AED 115,000 in 2020 and recovered to AED 139,755 by January 2024.
  • At AED 139,755 a year the gross yield on the 2011 price is 5.1%, 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 10 January 2024.

Questions about 902, Marina Residences 3

What did unit 902 last sell for?

AED 2,760,000 on 14 February 2011, sold by the developer: AED 1,590 per sqft for 1,735 sqft. It is the only registered sale of the unit.

What is the rent for unit 902?

AED 139,755 a year on the contract renewed on 10 January 2024. The previous contract, from January 2023, was AED 127,050; the unit has been rented since April 2014.

How big is unit 902?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2009.

What is unit 902 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 902, Marina Residences 3

Starts from the last sale price (AED 2.76M, 14 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,760,000
Deposit, UAE resident (20%)
AED 552,000
Deposit, non-resident (40%)
AED 1,104,000
Monthly over 25 years at 3.7%
AED 11,292

Plus AED 120,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →