LG04, Marina Residences 3
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for LG04, Marina Residences 3
What is LG04 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,047 sqft
- Floor
- -1th of 14
- Parking
- 3-LG211
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 34,100 /yr
- Last sold
- AED 2.83M · May 2024
- Building
- Marina Residences 3
About LG04, Marina Residences 3
LG04 is a two-bedroom apartment of 2,047 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 May 2024 for AED 2,825,000, or AED 1,380 per sqft, in line with the AED 1,393 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 6 March 2025, is AED 189,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 34,100 a year.
Sales and rents for LG04 over time
LG04 has sold 4 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 LG04 sits
All 110 2-beds →LG04 last sold in May 2024 at AED 1,380 per sqft, in line with what two-beds in Marina Residences 3 were fetching at the time (AED 1,393). 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. LG04's AED 189,000 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 -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 | |
| LG03 | 3-bed | 2,751 sqft | AED 2.2MAED 2,200,000 · Oct 2012October 2012 | 85,000 /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 |
LG04, Marina Residences 3 in numbers
- Sold 4 times: first on 27 October 2011 for AED 2,675,000, last on 2 May 2024 for AED 2,825,000 (AED 1,380 per sqft).
- Rented since July 2017 on 5 Ejari contracts, from AED 124,615 to AED 189,000 a year.
- At AED 189,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 34,100 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 6 March 2025.
Questions about LG04, Marina Residences 3
What did unit LG04 last sell for?
AED 2,825,000 on 2 May 2024: AED 1,380 per sqft for 2,047 sqft. The unit has 4 registered sales; the first was AED 2,675,000 in October 2011.
What is the rent for unit LG04?
AED 189,000 a year on the contract renewed on 6 March 2025. The previous contract, from March 2025, was AED 189,000; the unit has been rented since July 2017.
How big is unit LG04?
2,047 sqft (190.2 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2009.
What is unit LG04 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 LG04, Marina Residences 3
Starts from the last sale price (AED 2.83M, 2 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,825,000
- Deposit, UAE resident (20%)
- AED 565,000
- Deposit, non-resident (40%)
- AED 1,130,000
- Monthly over 25 years at 3.7%
- AED 11,558
Plus AED 123,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →