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

203, Maria Tower

Sold prices and rental history: sold once, by the developer in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 980K10 July 2024
Current rentAED 59K /yr8 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Maria Tower

What is 203 worth today?

Last sold for AED 980,000 in 2024

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10 Jul 2024Sold by developerReady
AED 980,000AED 957 per sqft
8 Jan 2023RentedNew contract
AED 59,400/yr12 months · AED 58 per sqft
15 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
2-bed apartment
Size
1,024 sqft
Floor
2nd of 13
Parking
B2-32
Developer
NMS Real Estate Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 980K · July 2024
Building
Maria Tower

About 203, Maria Tower

203 is a two-bedroom apartment of 1,024 sqft on the 2nd floor of Maria Tower, a 13-storey tower in Al Furjan completed in 2018 by NMS Real Estate Development. The developer sold it on 10 July 2024 for AED 980,000, or AED 957 per sqft, in line with the AED 957 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 8 January 2023, is AED 59,400 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, July 2024: AED 980,000 (AED 957 per sqft)

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

Rents
Unit 203, 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, January 2021: AED 50,000 a yearNew contract, January 2023: AED 59,400 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 203 sits

All 48 2-beds →

203 last sold in July 2024 at AED 957 per sqft, in line with what two-beds in Maria Tower were fetching at the time (AED 957). 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. 203's AED 59,400 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 2nd floor

All 95 units in Maria Tower
Value
2011-bedAED 728K · Mar 2024
2022-bedAED 820K · Jul 2022
2041-bedAED 630K · Oct 2023
2051-bedAED 325K · Jan 2020
2062-bedAED 980K · Jun 2024
2072-bedAED 1.05M · Aug 2024
2081-bedAED 717K · Oct 2024

203, Maria Tower in numbers

  • Sold once: by NMS Real Estate Development on 10 July 2024 for AED 980,000, or AED 957 per sqft.
  • Rented since January 2021 on 2 Ejari contracts, from AED 50,000 to AED 59,400 a year.
  • At AED 59,400 a year the gross yield on the 2024 price is 6.1%, 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 10 July 2024.

Questions about 203, Maria Tower

What did unit 203 last sell for?

AED 980,000 on 10 July 2024, sold by the developer: AED 957 per sqft for 1,024 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 59,400 a year on the contract signed on 8 January 2023. The previous contract, from January 2021, was AED 50,000.

How big is unit 203?

1,024 sqft (95.1 sqm): a two-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2018.

What is unit 203 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 203, Maria Tower

Starts from the last sale price (AED 980K, 10 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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