2-bed · 1,103 sqftAl Areifi Marina Tower(Escan Marina Tower), Dubai Marina · 10th floor · completed 2016

1007, Al Areifi Marina Tower(Escan Marina Tower)

Sold prices and rental history: sold 3 times, last in October 2022, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 826K20 October 2022
Current rentAED 85K /yr6 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Al Areifi Marina Tower(Escan Marina Tower)

What is 1007 worth today?

Last sold for AED 825,611 in 2022

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6 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
20 Oct 2022SoldReady
AED 825,611AED 748 per sqft
23 Sep 2018SoldReady
AED 1,134,999AED 1,028 per sqft
22 Jul 2014Sold by developerOff-plan
AED 1,765,554AED 1,600 per sqft

Source: Dubai Land Department. Updated 6 November 2023.

Key facts

Type
2-bed apartment
Size
1,103 sqft
Floor
10th of 31
Parking
B3-15
Developer
Tharwaa Escan Investments
Completed
2016
Service charge
AED 20,000 /yr
Last sold
AED 826K · October 2022

About 1007, Al Areifi Marina Tower(Escan Marina Tower)

1007 is a two-bedroom apartment of 1,103 sqft on the 10th floor of Al Areifi Marina Tower(Escan Marina Tower), a 31-storey tower in Dubai Marina completed in 2016 by Tharwaa Escan Investments. It last sold on 20 October 2022 for AED 825,611, or AED 748 per sqft, in line with the AED 745 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 November 2023. The current contract, signed on 6 November 2023, is AED 85,000 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in Al Areifi Marina Tower(Escan Marina Tower)
1M2013201720212025Typical sale price by year: 2013 AED 1,696,361; 2014 AED 1,727,055; 2015 AED 1,471,195; 2017 AED 1,250,000; 2018 AED 1,147,392; 2019 AED 949,464; 2021 AED 600,000; 2022 AED 850,000; 2023 AED 925,000; 2024 AED 1,200,000; 2025 AED 1,272,000; 2026 AED 1,530,000Sold by developer, July 2014: AED 1,765,554 (AED 1,600 per sqft)Sold, September 2018: AED 1,134,999 (AED 1,028 per sqft)Sold, October 2022: AED 825,611 (AED 748 per sqft)

1007 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Al Areifi Marina Tower(Escan Marina Tower)
75K100K2017202020232026Typical rent by year: 2017 AED 91,500; 2018 AED 85,000; 2019 AED 72,000; 2020 AED 64,500; 2021 AED 60,000; 2022 AED 65,000; 2023 AED 80,000; 2024 AED 97,000; 2025 AED 107,900; 2026 AED 98,000New contract, November 2023: AED 85,000 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 Al Areifi Marina Tower(Escan Marina Tower), and where 1007 sits

All 93 2-beds →

1007 last sold in October 2022 at AED 748 per sqft, in line with what two-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 745). Over the last 12 months two-beds sold for AED 1,300,000 to 1,742,597, around AED 1,262 per sqft, and rent for AED 50,000 to 175,000 a year. 1007's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20261,530,000
24 Sep 20261,300,000
8 Jul 20261,535,000
7 Jul 20261,410,000
9 2-bed sales in the last 12 months

Al Areifi Marina Tower(Escan Marina Tower)

Building

332 apartments, studios to 2-bed over 31 floors in Dubai Marina, completed in 2016 by Tharwaa Escan Investments. 26 sold in the last 12 months.

Typical price per sqft
AED 1,278 Up 1.1%
Typical sale
AED 1.15M
Typical rent
AED 72K /yr
Typical yield
7.4%
Al Areifi Marina Tower(Escan Marina Tower), Dubai Marina: prices, sales and rents →
Value
10012-bedAED 900K · Aug 2023
1002StudioAED 315K · May 2011
1003StudioAED 619K · Nov 2017
10041-bedAED 850K · Aug 2024
10051-bedAED 1.22M · Jul 2014
10062-bedAED 1.42M · Aug 2024
10081-bedAED 850K · Aug 2024
1–7 of 10

1007, Al Areifi Marina Tower(Escan Marina Tower) in numbers

  • Sold 3 times: first on 22 July 2014 for AED 1,765,554, last on 20 October 2022 for AED 825,611 (AED 748 per sqft).
  • Rented since November 2023 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 10.3%, before a service charge of about AED 20,000 a year (AED 18.12 per sqft).
  • Two-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 1,300,000–1,742,597 in the 12 months to November 2026; the building's median across all types is AED 1,278 per sqft.

Source: Dubai Land Department. Updated 6 November 2023.

Questions about 1007, Al Areifi Marina Tower(Escan Marina Tower)

What did unit 1007 last sell for?

AED 825,611 on 20 October 2022: AED 748 per sqft for 1,103 sqft. The unit has 3 registered sales; the first was AED 1,765,554 in July 2014.

What is the rent for unit 1007?

AED 85,000 a year on the contract signed on 6 November 2023.

How big is unit 1007?

1,103 sqft (102.5 sqm): a two-bedroom apartment on the 10th floor of a 31-storey tower completed in 2016.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 1,300,000 to 1,742,597 in the last 12 months, around AED 1,262 per sqft.

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Mortgage on 1007, Al Areifi Marina Tower(Escan Marina Tower)

Starts from the last sale price (AED 826K, 20 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 825,611
Deposit, UAE resident (20%)
AED 165,122
Deposit, non-resident (40%)
AED 330,244
Monthly over 25 years at 3.7%
AED 3,378

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