2-bed · 1,024 sqftMaria Tower, Al Furjan · 12th floor · completed 2018

1203, Maria Tower

Sold prices and rental history: sold once, by the developer in January 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 768K28 January 2020
Current rentAED 82K /yr23 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Maria Tower

What is 1203 worth today?

Last sold for AED 767,895 in 2020

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23 Aug 2024RentedNew contract
AED 82,000/yr12 months · AED 80 per sqft
1 Apr 2023RentedNew contract
AED 67,000/yr12 months · AED 66 per sqft
25 Mar 2021RentedNew contract
AED 53,000/yr12 months · AED 52 per sqft
28 Jan 2020Sold by developerReady
AED 767,895AED 749 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
2-bed apartment
Size
1,024 sqft
Floor
12th of 13
Parking
P-126,P-134
Developer
NMS Real Estate Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 768K · January 2020
Building
Maria Tower

About 1203, Maria Tower

1203 is a two-bedroom apartment of 1,024 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 28 January 2020 for AED 767,895, or AED 749 per sqft, 15% above the AED 649 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 23 August 2024, is AED 82,000 a year: a gross yield of 10.7% on the 2020 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, January 2020: AED 767,895 (AED 749 per sqft)

1203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, 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, March 2021: AED 53,000 a yearNew contract, April 2023: AED 67,000 a yearNew contract, August 2024: AED 82,000 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 1203 sits

All 48 2-beds →

1203 last sold in January 2020 at AED 749 per sqft, 15% above what two-beds in Maria Tower were fetching at the time (AED 649). 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. 1203's AED 82,000 is in the lower half 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
12022-bedAED 1.22M · Nov 2023
12041-bedAED 506K · Oct 2022
12051-bedAED 690K · Jul 2024
12062-bedAED 768K · Jan 2020
12072-bedAED 1.44M · Aug 2026

1203, Maria Tower in numbers

  • Sold once: by NMS Real Estate Development on 28 January 2020 for AED 767,895, or AED 749 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 53,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2020 price is 10.7%, before a service charge of about AED 13,500 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 23 August 2024.

Questions about 1203, Maria Tower

What did unit 1203 last sell for?

AED 767,895 on 28 January 2020, sold by the developer: AED 749 per sqft for 1,024 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 82,000 a year on the contract signed on 23 August 2024. The previous contract, from April 2023, was AED 67,000; the unit has been rented since March 2021.

How big is unit 1203?

1,024 sqft (95.1 sqm): a two-bedroom apartment on the 12th floor of a 13-storey tower completed in 2018.

What is unit 1203 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 1203, Maria Tower

Starts from the last sale price (AED 768K, 28 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 767,895
Deposit, UAE resident (20%)
AED 153,579
Deposit, non-resident (40%)
AED 307,158
Monthly over 25 years at 3.7%
AED 3,142

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