Marina Residences 3, Palm Jumeirah
Marina Residences 3 is a 15-storey residential tower developed by Nakheel, one of six numbered buildings in the Marina Residences & Townhouses complex at the tip of the Palm Jumeirah trunk. Despite the name, this is Palm Jumeirah, not Dubai Marina: it has no connection to the separate Marina Residence building of the same name in Dubai Marina. Completed in 2009 with two and three-bedroom apartments plus four and five-bedroom penthouses, the tower already has confirmed Airbnb activity through Palm Jumeirah letting agents. Royale Stays covers the location, unit mix and honest Airbnb income potential, with management available from a fee starting at 15%.
Storeys
15
Developer
Nakheel
Completed
2009
Unit Types
2-3BR + 4-5BR penthouses
Area
Palm Jumeirah Trunk
About Marina Residences 3
Marina Residences 3 is one of six numbered towers in Nakheel's Marina Residences & Townhouses complex, sitting at the tip of the Palm Jumeirah trunk around the development's own private Anchor Marina. The complex was developed by Nakheel through its subsidiary The Palm Jumeirah Company, with Dar Al Handasah as architectural consultant, and the six 15 storey towers, three on each side of the main trunk road, were completed in 2009.
The Marina Residences name causes two common mix ups worth clearing up early. First, despite the name, this is Palm Jumeirah, not Dubai Marina: it has no connection to the separate Marina Residence building in Dubai Marina, a different tower from a different developer in a different part of the city. Second, within its own complex, Marina Residences 3 is one of six numbered siblings (1, 2, 3, 4, 5 and 6) built to a similar footprint and sold with a choice of classic or contemporary interior finishes, so it is worth confirming the tower number on any listing before assuming which building is meant.
Location & Nearby Landmarks
Marina Residences 3 sits directly on the Palm Jumeirah trunk, a short distance from Nakheel Mall and the wider Golden Mile retail strip. Nakheel Mall's monorail station is roughly a 7 minute walk away, putting the tower on the Palm Jumeirah Monorail line that runs the length of the trunk out to Atlantis The Palm and the crescent, about a 10 minute drive further out.
Marina Residences 3 shares its stretch of the trunk with five sibling towers, including Marina Residences 2, Marina Residences 4 and Marina Residences 6, plus the numbered Golden Mile buildings a short distance further along the trunk.
Unit Types
Marina Residences 3 offers two and three bedroom apartments alongside four and five bedroom penthouses, the same unit mix Nakheel used across the wider Marina Residences complex. Portals report Nakheel handed over several hundred homes across the complex as a whole, though the exact total is reported inconsistently (figures from roughly 900 up to 980 appear across different sources), so Royale Stays does not quote a single complex wide total as fact, and no separate unit count exists for Tower 3 alone.
Amenities
Amenities at Marina Residences 3 include an outdoor swimming pool, a furnished gymnasium, a children's play area, 24 hour security with CCTV, and underground parking, standard across Nakheel's waterfront towers on the Palm.
Transportation & Access
The tower sits on the Palm Jumeirah trunk with direct access to the Palm Jumeirah Monorail, with Nakheel Mall station roughly 7 minutes on foot, and the Palm Jumeirah tram and road network connecting to Sheikh Zayed Road and the mainland. Atlantis The Palm and the crescent's beach clubs are about a 10 minute drive away.
Rental & Price Trends
Live rental listings for Marina Residences 3 range from around AED 230,000 per year for a two bedroom unit up to roughly AED 265,000 per year for a larger two bedroom layout, based on current portal listings rather than Royale Stays performance data. Separately, Dubai Land Department linked resale data for the wider Marina Residences complex puts the average sale price at approximately AED 2,219 per square foot across more than 2,000 registered sales, a complex wide average rather than a Tower 3 specific figure.
Rental range and resale average sourced from live portal listings and DLD linked transaction data respectively, not Royale Stays management figures. Complex wide unit and price data reflects all six Marina Residences towers, not Tower 3 alone.
Airbnb / Short-Term Rental Income Potential
Marina Residences 3 is an apartment building, and Palm Jumeirah apartments are Royale Stays' current, active area of operation on the Palm. A live Airbnb listing for a two bedroom unit inside Marina Residences 3, operated by a Palm Jumeirah letting agent, confirms this specific tower already has real short term rental activity. That is a stronger signal than general interest in the wider Marina Residences complex.
Royale Stays does not publish invented income projections for buildings it does not yet manage. What owners get instead is an honest read of the location, unit mix and market context above, plus full service once onboarded: furnishing, photography, pricing optimisation, check-in, guest communications and maintenance coordination, all from a management fee starting at 15%.
Questions