In a stunning real estate milestone, a three-bedroom unit at The Marbella sold for $4 million on May 23, 2025, marking a remarkable profit of $2.75 million from its original purchase price of $1.24 million in November 2003. This impressive transaction highlights the lucrative nature of the real estate market in this coveted development. You can see how the investment flourished over the years, yielding exceptional returns that are hard to come by in today’s volatile market.
The three-bedroom unit, located on the tenth floor, measures 1,625 square feet, translating to a staggering $2,461 per square foot. Such a price per square foot underscores the desirability of living in The Marbella, which has consistently been a sought-after location since its completion in 2005.
As you explore the property market, you’ll find that The Marbella has maintained a strong appreciation in value, particularly for its three- to four-bedroom apartments. This resilience is a testament to the quality of the development and the lifestyle it offers residents.
The sale of this particular unit not only reflects a substantial financial gain for the seller but also sets a new high resale record for The Marbella. Previously, the record was held by a four-bedroom unit that sold for a profit of $2.52 million in March 2023. The new benchmark of $2.75 million profit demonstrates a clear upward trend in property values within the development.
If you’re considering investing in real estate, this record-setting sale might encourage you to take another look at opportunities within The Marbella or similar developments.
Over the span of 21½ years, the annualized gain for this unit calculates to an impressive 5.6%. This rate of return is particularly noteworthy when compared to traditional investment avenues, making real estate an attractive option for long-term wealth accumulation.
You might find that such consistent growth offers reassurance about the stability of the property market, especially in a city where demand continues to outstrip supply.
As you navigate the real estate landscape, keep in mind that properties like The Marbella have demonstrated their ability to appreciate over time, providing substantial returns for homeowners and investors alike. The recent sale serves as a prime example of how patience in the real estate market can yield fantastic results, even through various economic cycles.
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News Source: Edgeprop
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