LG03, Marina Residences 3
Sold prices and rental history: sold twice, last in October 2012, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for LG03, Marina Residences 3
What is LG03 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2017.
Key facts
- Type
- 3-bed apartment
- Size
- 2,751 sqft
- Floor
- -1th of 14
- Parking
- CB1-223
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 45,900 /yr
- Last sold
- AED 2.2M · October 2012
- Building
- Marina Residences 3
About LG03, Marina Residences 3
LG03 is a three-bedroom apartment of 2,751 sqft on the -1th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 2 October 2012 for AED 2,200,000, or AED 799 per sqft, 33% below the AED 1,185 three-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 November 2017, is AED 85,000 a year: a gross yield of 3.9% on the 2012 price, before the service charge of about AED 45,900 a year.
Sales and rents for LG03 over time
LG03 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Marina Residences 3, and where LG03 sits
All 43 3-beds →LG03 last sold in October 2012 at AED 799 per sqft, 33% below what three-beds in Marina Residences 3 were fetching at the time (AED 1,185). Over the last 12 months three-beds sold for AED 7,300,000, around AED 2,993 per sqft, and rent for AED 212,000 to 212,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 2,439 sqft | 7,300,000 | 2,993 | ||
| 4 Jun 20254 June 2025 | 2,751 sqft | 6,800,000 | 2,471 | ||
| 20 Mar 202520 March 2025 | 2,524 sqft | 6,500,000 | 2,574 | ||
| 14 Mar 202514 March 2025 | 4,054 sqft | 9,500,000 | 2,343 |
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 -1th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| LG01 | 3-bed | 2,751 sqft | AED 6.8MAED 6,800,000 · Jun 2025June 2025 | 173,250 /yr | |
| LG02 | 3-bed | 4,768 sqft | AED 5.76MAED 5,759,000 · Apr 2011April 2011 | 360,000 /yr | |
| LG04 | 2-bed | 2,047 sqft | AED 2.83MAED 2,825,000 · May 2024May 2024 | 189,000 /yr | |
| LG06 | 2-bed | 2,048 sqft | AED 1.91MAED 1,911,600 · Feb 2013February 2013 | 125,637 /yr | |
| LG07 | 2-bed | 1,947 sqft | AED 1.93MAED 1,934,300 · Feb 2013February 2013 | 125,637 /yr | |
| TH01 | 2-bed | 4,045 sqft | AED 5.5MAED 5,500,000 · Jan 2024January 2024 | 195,000 /yr | |
| TH03 | 2-bed | 4,090 sqft | AED 5.16MAED 5,163,900 · Jul 2015July 2015 | 460,000 /yr | |
| TH04 | 2-bed | 3,996 sqft | AED 5.8MAED 5,800,000 · Apr 2024April 2024 |
LG03, Marina Residences 3 in numbers
- Sold twice: first on 24 May 2011 for AED 3,400,000, last on 2 October 2012 for AED 2,200,000 (AED 799 per sqft).
- Rented since November 2014 on 3 Ejari contracts, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2012 price is 3.9%, before a service charge of about AED 45,900 a year (AED 16.67 per sqft).
- Three-beds in Marina Residences 3 sold for AED 7,300,000–7,300,000 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 1 November 2017.
Questions about LG03, Marina Residences 3
What did unit LG03 last sell for?
AED 2,200,000 on 2 October 2012: AED 799 per sqft for 2,751 sqft. The unit has 2 registered sales; the first was AED 3,400,000 in May 2011.
What is the rent for unit LG03?
AED 85,000 a year on the contract renewed on 1 November 2017. The previous contract, from November 2015, was AED 85,000; the unit has been rented since November 2014.
How big is unit LG03?
2,751 sqft (255.6 sqm): a three-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.
What is unit LG03 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 3 sold for AED 7,300,000 to 7,300,000 in the last 12 months, around AED 2,993 per sqft.
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Mortgage on LG03, Marina Residences 3
Starts from the last sale price (AED 2.2M, 2 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →