Unit ID: U1890428
4% Rental Yield
Marina Residences, Palm Jumeirah,Dubai
$6,260,000
5 Bedrooms
8
Bathrooms
13,095 Sqft
Size
High
Floor
Jan 2009
Completed

About This Penthouse

This property is a 13,095 Sqft penthouse with 5 bedrooms and 8 bathrooms that is available for sale. It is part of the project in Marina Residences, Dubai and was completed in Jan 2009. You can buy this penthouse for a base price of $6,260,000 ($478/Sqft) and it is also available for long term rentals starting from $22,700 per month.

Triplex Penthouse| Private Elevator| Large Terrace

An opulent penthouse spanning four floors, complete with a private elevator within the apartment, presents breathtaking panoramic views of Palm Jumeirah, the Burj Al Arab, Dubai Marina, and Downtown Dubai.   This remarkable penthouse is currently unoccupied and available for immediate occupancy.   - 5 Bedrooms, including a maid's room, study, and driver's room - Mesmerizing views of the Marina, Palm Jumeirah, and Burj Al Arab - Total Built-Up Area: 13,095 square feet - 4-Storey Penthouse - 8 Bathrooms - Internal Private Elevator - Sprawling Terrace measuring 1,000 square feet - Sufficient Parking Space for up to 5 Vehicles - Move-in Ready   For further information or to schedule a viewing, please feel free to reach out to our property specialist!   This well-lit and expansive penthouse showcases a two-story sitting room with floor-to-ceiling windows, a dining area, a majlis (sitting area), and an entire floor dedicated to its terrace, creating an ideal setting for gatherings and celebrations. Each bedroom is equipped with an en-suite bathroom, and each floor boasts a pantry. The master bedroom occupies an entire floor and boasts two Jacuzzi tubs. Lastly, every floor and each room offers access to balconies.

Features

Private LiftPrivate Lift JacuzziJacuzzi Rooftop TerraceRooftop Terrace TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub Washing MachineWashing Machine

Basic Information

Date Listed Jul 6, 2024
Updated 2 months ago
Property Type Penthouse
Floor High
Bedrooms 5
Size 13,095 Sqft
Price per Sqft $478
Pets Not Allowed
Penthouse Ownership
Foreign Quota
Furniture
Unfurnished
View(s) Marina View, Skyline View, Palm View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$4/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1890428

Investment Opportunity: Charges & Yield

Sale Price
$6,260,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$4/mo
Rent
$22,700/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
23
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: Marina Residences 3
Developer: Nakheel
Construction: Completed (Jan 2009)
Floors: 15
Buildings: N/A
Units: 900
Project Area: N/A
Nearest Landmark The Palm Jumeriah - 0.4 Km
Location: Marina Residences, Dubai
Marina Residences 3 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Party Hall / Group Entertainment Party Hall / Group Entertainment
Pool / Snooker Table Pool / Snooker Table

Available Units at Marina Residences 3

For Sale 13 For Rent 1
Get notified when new homes are being added to Marina Residences 3
View All (13)

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Frequently Asked Questions

No pets are allowed at Marina Residences 3 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The Palm Jumeriah is the nearest Tourist Attraction from Marina Residences 3 and it is 0.4 km away.

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Dubai
Marina Residences

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Location and Neighborhood

Street View

Projects Nearby Marina Residences 3

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Palm Views West
Location
Palm Views, Palm Jumeirah, Dubai
Number of units
96
Sales Prices
$326.75K - $435.67K
Monthly Rentals
$1.93K
Year Built
Dec 2015
Completion Status
Completed
Location
Marina Residences, Palm Jumeirah, Dubai
Number of units
N/A
Sales Prices
$762.42K - $2.04M
Monthly Rentals
N/A
Year Built
Aug 2015
Completion Status
Completed
Location
Palm Jumeirah, Dubai, United Arab Emirates
Number of units
N/A
Sales Prices
$626.28K - $5.72M
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Location
Palm Jumeirah, Dubai, United Arab Emirates
Number of units
N/A
Sales Prices
$814.16K - $5.38M
Monthly Rentals
$5.67K
Year Built
Jan 2009
Completion Status
Completed
Project Name
Marina Residence
Location
Palm Jumeirah, Dubai, United Arab Emirates
Number of units
172
Sales Prices
$264.13K
Monthly Rentals
N/A
Year Built
Dec 2006
Completion Status
Completed
Project Name
Tiara Aquamarine
Location
Palm Jumeirah, Dubai, United Arab Emirates
Number of units
N/A
Sales Prices
$1.58M - $1.77M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Al Haseer
Location
Shoreline Apartments, Palm Jumeirah, Dubai
Number of units
120
Sales Prices
$714.77K - $1.42M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Dukes The Palm
Location
Palm Jumeirah, Dubai, United Arab Emirates
Number of units
285
Sales Prices
$266.85K - $707.96K
Monthly Rentals
N/A
Year Built
May 2017
Completion Status
Completed
Location
Signature Villas, Palm Jumeirah, Dubai
Number of units
N/A
Sales Prices
$8.17M - $16.2M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Seven Palm
Location
Palm Jumeirah, Dubai, United Arab Emirates
Number of units
N/A
Sales Prices
$258.68K - $1.74M
Monthly Rentals
$3.4K
Year Built
Jun 2021
Completion Status
Completed
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