TH02, Marina Residences 3
Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH02, Marina Residences 3
What is TH02 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 4,069 sqft
- Floor
- 10th of 14
- Parking
- Attached
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 67,800 /yr
- Last sold
- AED 8.7M · April 2024
- Building
- Marina Residences 3
About TH02, Marina Residences 3
TH02 is a two-bedroom apartment of 4,069 sqft on the 10th floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 6 April 2024 for AED 8,700,000, or AED 2,138 per sqft, 53% above the AED 1,393 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 29 October 2021, is AED 180,000 a year: a gross yield of 2.1% on the 2024 price, before the service charge of about AED 67,800 a year.
Sales and rents for TH02 over time
TH02 has sold 3 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 TH02 sits
All 110 2-beds →TH02 last sold in April 2024 at AED 2,138 per sqft, 53% above 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. TH02'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 10th floor
All 165 units in Marina Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,870 sqft | AED 1.8MAED 1,800,000 · Sep 2011September 2011 | 95,000 /yr | |
| 1002 | 2-bed | 1,778 sqft | AED 2.65MAED 2,650,000 · Jun 2016June 2016 | 188,000 /yr | |
| 1003 | 2-bed | 1,778 sqft | AED 2.9MAED 2,900,000 · Jul 2014July 2014 | 200,000 /yr | |
| 1004 | 2-bed | 1,746 sqft | AED 2.2MAED 2,200,000 · Aug 2018August 2018 | 150,000 /yr | |
| 1005 | 3-bed | 2,524 sqft | AED 1.1MAED 1,100,000 · Sep 2020September 2020 | 290,000 /yr | |
| 1006 | 3-bed | 4,054 sqft | AED 3.8MAED 3,800,000 · Aug 2022August 2022 | 210,000 /yr | |
| 1007 | 3-bed | 2,524 sqft | AED 4.05MAED 4,050,000 · Jun 2024June 2024 | 216,000 /yr | |
| 1008 | 2-bed | 1,746 sqft | AED 1.36MAED 1,362,481 · Mar 2024March 2024 | 200,000 /yr | |
| 1009 | 2-bed | 1,778 sqft | AED 3.42MAED 3,421,200 · May 2014May 2014 | 55,000 /yr | |
| 1010 | 2-bed | 1,778 sqft | AED 3.28MAED 3,280,000 · Oct 2024October 2024 | 172,000 /yr | |
| 1011 | 2-bed | 1,870 sqft | AED 2.48MAED 2,480,000 · Feb 2011February 2011 | 160,000 /yr |
TH02, Marina Residences 3 in numbers
- Sold 3 times: first on 1 April 2010 for AED 5,163,900, last on 6 April 2024 for AED 8,700,000 (AED 2,138 per sqft).
- Rented since December 2012 on 7 Ejari contracts, from AED 220,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2024 price is 2.1%, before a service charge of about AED 67,800 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 April 2024.
Questions about TH02, Marina Residences 3
What did unit TH02 last sell for?
AED 8,700,000 on 6 April 2024: AED 2,138 per sqft for 4,069 sqft. The unit has 3 registered sales; the first was AED 5,163,900 in April 2010.
What is the rent for unit TH02?
AED 180,000 a year on the contract renewed on 29 October 2021. The previous contract, from October 2020, was AED 180,000; the unit has been rented since December 2012.
How big is unit TH02?
4,069 sqft (378.0 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit TH02 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 TH02, Marina Residences 3
Starts from the last sale price (AED 8.7M, 6 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 8,700,000
- Deposit, UAE resident (20%)
- AED 1,740,000
- Deposit, non-resident (40%)
- AED 3,480,000
- Monthly over 25 years at 3.7%
- AED 35,594
Plus AED 370,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →