2-bed · 1,132 sqft52-42 Tower 2, Dubai Marina · 7th floor · completed 2020

701, 52-42 Tower 2

Sold prices and rental history: sold 3 times, last in April 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 22 April 2021
Last soldAED 1.9M22 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, 52-42 Tower 2

What is 701 worth today?

Last sold for AED 1,900,000 in 2021

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22 Apr 2021SoldOff-plan
AED 1,900,000AED 1,677 per sqft
15 Oct 2020SoldOff-plan
AED 1,683,000AED 1,486 per sqft
27 Jul 2016Sold by developerOff-plan
AED 2,280,888AED 2,014 per sqft

Source: Dubai Land Department. Updated 22 April 2021.

Key facts

Type
2-bed apartment
Size
1,132 sqft
Floor
7th of 34
Parking
3F-097
Developer
Emaar
Completed
2020
Last sold
AED 1.9M · April 2021

About 701, 52-42 Tower 2

701 is a two-bedroom apartment of 1,132 sqft on the 7th floor of 52-42 Tower 2, a 34-storey tower in Dubai Marina completed in 2020 by Emaar. It last sold on 22 April 2021 for AED 1,900,000, or AED 1,677 per sqft, in line with the AED 1,635 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in 52-42 Tower 2
2M3M2016201920222025Typical sale price by year: 2016 AED 2,064,888; 2017 AED 2,030,888; 2018 AED 2,068,888; 2019 AED 2,272,388; 2020 AED 1,766,500; 2021 AED 2,133,888; 2022 AED 2,250,000; 2023 AED 2,850,000; 2024 AED 2,950,000; 2025 AED 3,000,000; 2026 AED 3,015,000Sold by developer, July 2016: AED 2,280,888 (AED 2,014 per sqft)Sold, October 2020: AED 1,683,000 (AED 1,486 per sqft)Sold, April 2021: AED 1,900,000 (AED 1,677 per sqft)

701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 701, each contractTypical two-bed in 52-42 Tower 2
150K175K200K2021202320252027Typical rent by year: 2021 AED 150,000; 2022 AED 150,000; 2023 AED 172,500; 2024 AED 195,000; 2025 AED 195,000; 2026 AED 170,000

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

2-beds in 52-42 Tower 2, and where 701 sits

All 92 2-beds →

701 last sold in April 2021 at AED 1,677 per sqft, in line with what two-beds in 52-42 Tower 2 were fetching at the time (AED 1,635). Over the last 12 months two-beds sold for AED 2,500,000 to 3,900,000, around AED 2,566 per sqft, and rent for AED 100,000 to 250,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Sep 20262,800,000
1 Sep 20263,015,000
13 Jan 20263,900,000
26 Dec 20252,500,000
4 2-bed sales in the last 12 months

52-42 Tower 2

Building

191 apartments, 1-bed to 4-bed over 34 floors in Dubai Marina, completed in 2020 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 2,550
Typical sale
AED 2.58M
Typical rent
AED 170K /yr
Typical yield
6.3%
52-42 Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 191 units in 52-42 Tower 2
Value
7022-bedAED 2.28M · May 2016
7031-bedAED 1.68M · May 2022
7042-bedAED 1.9M · Apr 2022
7052-bedAED 1.98M · Jul 2016
7062-bedAED 2.73M · Aug 2024
7071-bedAED 1.35M · Nov 2021

701, 52-42 Tower 2 in numbers

  • Sold 3 times: first on 27 July 2016 for AED 2,280,888, last on 22 April 2021 for AED 1,900,000 (AED 1,677 per sqft).
  • Two-beds in 52-42 Tower 2 sold for AED 2,500,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,550 per sqft.

Source: Dubai Land Department. Updated 22 April 2021.

Questions about 701, 52-42 Tower 2

What did unit 701 last sell for?

AED 1,900,000 on 22 April 2021: AED 1,677 per sqft for 1,132 sqft. The unit has 3 registered sales; the first was AED 2,280,888 in July 2016.

How big is unit 701?

1,132 sqft (105.2 sqm): a two-bedroom apartment on the 7th floor of a 34-storey tower completed in 2020.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 52-42 Tower 2 sold for AED 2,500,000 to 3,900,000 in the last 12 months, around AED 2,566 per sqft.

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Mortgage on 701, 52-42 Tower 2

Starts from the last sale price (AED 1.9M, 22 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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