2-bed · 1,293 sqftMaria Tower, Al Furjan · 12th floor · completed 2018

1202, Maria Tower

Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 3 November 2023
Last soldAED 1.22M3 November 2023
Current rentAED 60K /yr28 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Maria Tower

What is 1202 worth today?

Last sold for AED 1,215,000 in 2023

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3 Nov 2023Sold by developerReady
AED 1,215,000AED 939 per sqft
28 Jan 2022RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
13 Jan 2021RentedNew contract
AED 58,000/yr12 months · AED 45 per sqft
10 Dec 2019RentedNew contract
AED 89,759/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 3 November 2023.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
12th of 13
Parking
P-123,P-135
Developer
NMS Real Estate Development
Completed
2018
Service charge
AED 17,000 /yr
Last sold
AED 1.22M · November 2023
Building
Maria Tower

About 1202, Maria Tower

1202 is a two-bedroom apartment of 1,293 sqft on the 12th floor of Maria Tower, a 13-storey tower in Al Furjan completed in 2018 by NMS Real Estate Development. The developer sold it on 3 November 2023 for AED 1,215,000, or AED 939 per sqft, in line with the AED 953 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 28 January 2022, is AED 60,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 17,000 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in Maria Tower
1M2018202120242027Typical sale price by year: 2018 AED 1,282,038; 2019 AED 666,978; 2020 AED 767,812; 2022 AED 769,915; 2023 AED 1,005,000; 2024 AED 1,026,000; 2025 AED 1,112,500; 2026 AED 1,280,000Sold by developer, November 2023: AED 1,215,000 (AED 939 per sqft)

1202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in Maria Tower
60K80K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 64,807; 2021 AED 54,853; 2022 AED 57,000; 2023 AED 64,652; 2024 AED 75,000; 2025 AED 88,000; 2026 AED 86,000New contract, December 2019: AED 89,759 a yearNew contract, January 2021: AED 58,000 a yearNew contract, January 2022: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Maria Tower, and where 1202 sits

All 48 2-beds →

1202 last sold in November 2023 at AED 939 per sqft, in line with what two-beds in Maria Tower were fetching at the time (AED 953). Over the last 12 months two-beds sold for AED 1,175,000 to 1,440,000, around AED 1,214 per sqft, and rent for AED 73,810 to 110,000 a year. 1202's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Aug 20261,440,000
9 Jun 20261,175,000
21 Apr 20261,250,000
9 Apr 20261,280,000
6 2-bed sales in the last 12 months

Maria Tower

Building

95 apartments, 1-bed to 2-bed over 13 floors in Al Furjan, completed in 2018 by NMS Real Estate Development. 10 sold in the last 12 months.

Typical price per sqft
AED 1,158 Up 6.4%
Typical sale
AED 1.23M
Typical rent
AED 72K /yr
Typical yield
7.9%
Maria Tower, Al Furjan: prices, sales and rents →

Other units on the 12th floor

All 95 units in Maria Tower
Value
12011-bedAED 530K · Jan 2021
12032-bedAED 768K · Jan 2020
12041-bedAED 506K · Oct 2022
12051-bedAED 690K · Jul 2024
12062-bedAED 768K · Jan 2020
12072-bedAED 1.44M · Aug 2026

1202, Maria Tower in numbers

  • Sold once: by NMS Real Estate Development on 3 November 2023 for AED 1,215,000, or AED 939 per sqft.
  • Rented since December 2019 on 3 Ejari contracts, from AED 89,759 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 17,000 a year (AED 13.18 per sqft).
  • Two-beds in Maria Tower sold for AED 1,175,000–1,440,000 in the 12 months to November 2026; the building's median across all types is AED 1,158 per sqft.

Source: Dubai Land Department. Updated 3 November 2023.

Questions about 1202, Maria Tower

What did unit 1202 last sell for?

AED 1,215,000 on 3 November 2023, sold by the developer: AED 939 per sqft for 1,293 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 60,000 a year on the contract signed on 28 January 2022. The previous contract, from January 2021, was AED 58,000; the unit has been rented since December 2019.

How big is unit 1202?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 12th floor of a 13-storey tower completed in 2018.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Maria Tower sold for AED 1,175,000 to 1,440,000 in the last 12 months, around AED 1,214 per sqft.

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Mortgage on 1202, Maria Tower

Starts from the last sale price (AED 1.22M, 3 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,215,000
Deposit, UAE resident (20%)
AED 243,000
Deposit, non-resident (40%)
AED 486,000
Monthly over 25 years at 3.7%
AED 4,971

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →