1308, Al Areifi Marina Tower(Escan Marina Tower)
Sold prices and rental history: sold 3 times, last in October 2022, and rented once, from October 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Al Areifi Marina Tower(Escan Marina Tower)
What is 1308 worth today?
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Source: Dubai Land Department. Updated 8 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 13th of 31
- Parking
- B3-29
- Developer
- Tharwaa Escan Investments
- Completed
- 2016
- Service charge
- AED 13,700 /yr
- Last sold
- AED 590K · October 2022
About 1308, Al Areifi Marina Tower(Escan Marina Tower)
1308 is a one-bedroom apartment of 755 sqft on the 13th 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 590,000, or AED 781 per sqft, in line with the AED 779 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 8 October 2023. The current contract, signed on 8 October 2023, is AED 60,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 13,700 a year.
Sales and rents for 1308 over time
1308 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Areifi Marina Tower(Escan Marina Tower), and where 1308 sits
All 202 1-beds →1308 last sold in October 2022 at AED 781 per sqft, in line with what one-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 779). Over the last 12 months one-beds sold for AED 840,000 to 1,625,000, around AED 1,278 per sqft, and rent for AED 39,000 to 150,000 a year. 1308's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 660 sqft | 880,000 | 1,333 | ||
| 13 Jul 202613 July 2026 | 762 sqft | 1,150,000 | 1,509 | ||
| 2 Jul 20262 July 2026 | 755 sqft | 890,000 | 1,178 | ||
| 29 Jun 202629 June 2026 | 755 sqft | 906,000 | 1,199 |
Al Areifi Marina Tower(Escan Marina Tower)
Building332 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 71K /yr
- Typical yield
- 7.4%
Other units on the 13th floor
All 332 units in Al Areifi Marina Tower(Escan Marina Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,188 sqft | AED 1.52MAED 1,520,000 · Apr 2024April 2024 | 100,000 /yr | |
| 1302 | 2-bed | 1,125 sqft | AED 1.54MAED 1,535,000 · Jul 2026July 2026 | 96,000 /yr | |
| 1303 | Studio | 359 sqft | AED 450KAED 450,000 · Sep 2022September 2022 | 62,000 /yr | |
| 1304 | 1-bed | 759 sqft | AED 1.17MAED 1,170,000 · May 2025May 2025 | 85,000 /yr | |
| 1305 | 1-bed | 775 sqft | AED 900KAED 900,000 · Aug 2022August 2022 | 70,000 /yr | |
| 1306 | Studio | 354 sqft | AED 300KAED 300,000 · Feb 2023February 2023 | 40,000 /yr | |
| 1307 | 2-bed | 1,103 sqft | AED 821KAED 820,799 · Oct 2022October 2022 | 80,000 /yr | |
| 1309 | 1-bed | 660 sqft | AED 546KAED 546,006 · Sep 2022September 2022 | 86,000 /yr | |
| 1310 | 1-bed | 837 sqft | AED 647KAED 646,737 · Oct 2022October 2022 | 62,000 /yr | |
| 1311 | 2-bed | 1,169 sqft | AED 867KAED 866,878 · Oct 2022October 2022 | 45,477 /yr |
1308, Al Areifi Marina Tower(Escan Marina Tower) in numbers
- Sold 3 times: first on 22 July 2014 for AED 1,200,290, last on 20 October 2022 for AED 590,000 (AED 781 per sqft).
- Rented since October 2023 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 10.2%, before a service charge of about AED 13,700 a year (AED 18.12 per sqft).
- One-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 840,000–1,625,000 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 8 October 2023.
Questions about 1308, Al Areifi Marina Tower(Escan Marina Tower)
What did unit 1308 last sell for?
AED 590,000 on 20 October 2022: AED 781 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 1,200,290 in July 2014.
What is the rent for unit 1308?
AED 60,000 a year on the contract signed on 8 October 2023.
How big is unit 1308?
755 sqft (70.1 sqm): a one-bedroom apartment on the 13th floor of a 31-storey tower completed in 2016.
What is unit 1308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 840,000 to 1,625,000 in the last 12 months, around AED 1,278 per sqft.
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Mortgage on 1308, Al Areifi Marina Tower(Escan Marina Tower)
Starts from the last sale price (AED 590K, 20 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 590,000
- Deposit, UAE resident (20%)
- AED 118,000
- Deposit, non-resident (40%)
- AED 236,000
- Monthly over 25 years at 3.7%
- AED 2,414
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →