Studio · 358 sqftAl Areifi Marina Tower(Escan Marina Tower), Dubai Marina · 3rd floor · completed 2016

303, Al Areifi Marina Tower(Escan Marina Tower)

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 640K19 December 2024
Current rentAED 36K /yr6 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Al Areifi Marina Tower(Escan Marina Tower)

What is 303 worth today?

Last sold for AED 640,000 in 2024

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19 Dec 2024SoldReady
AED 640,000AED 1,786 per sqft
6 Oct 2022RentedNew contract
AED 36,000/yr12 months · AED 101 per sqft
1 Jul 2021RentedNew contract
AED 27,000/yr12 months · AED 75 per sqft
1 Mar 2020RentedNew contract
AED 34,000/yr12 months · AED 96 per sqft
15 Feb 2019RentedNew contract
AED 39,000/yr12 months · AED 110 per sqft
26 Oct 2017RentedNew contract
AED 47,000/yr12 months · AED 132 per sqft
16 Jul 2013Sold by developerOff-plan
AED 565,748AED 1,579 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
Studio apartment
Size
358 sqft
Floor
3rd of 31
Parking
B4-07
Developer
Tharwaa Escan Investments
Completed
2016
Service charge
AED 6,500 /yr
Last sold
AED 640K · December 2024

About 303, Al Areifi Marina Tower(Escan Marina Tower)

303 is a studio of 358 sqft on the 3rd 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 19 December 2024 for AED 640,000, or AED 1,786 per sqft, in line with the AED 1,786 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 6 October 2022, is AED 36,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 6,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical studio in Al Areifi Marina Tower(Escan Marina Tower)
250K500K750K2011201520192023Typical sale price by year: 2011 AED 217,500; 2012 AED 285,000; 2013 AED 565,748; 2014 AED 565,481; 2017 AED 487,030; 2019 AED 460,000; 2022 AED 400,000; 2023 AED 550,000; 2024 AED 640,000; 2025 AED 670,000Sold by developer, July 2013: AED 565,748 (AED 1,579 per sqft)Sold, December 2024: AED 640,000 (AED 1,786 per sqft)

303 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 303, each contractTypical studio in Al Areifi Marina Tower(Escan Marina Tower)
40K60K2017202020232026Typical rent by year: 2017 AED 50,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 35,000; 2021 AED 28,000; 2022 AED 35,000; 2023 AED 48,000; 2024 AED 54,000; 2025 AED 55,000; 2026 AED 48,000New contract, October 2017: AED 47,000 a yearNew contract, February 2019: AED 39,000 a yearNew contract, March 2020: AED 34,000 a yearNew contract, July 2021: AED 27,000 a yearNew contract, October 2022: AED 36,000 a year

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

Studios in Al Areifi Marina Tower(Escan Marina Tower), and where 303 sits

All 37 studios →

303 last sold in December 2024 at AED 1,786 per sqft, in line with what studios in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 1,786). Over the last 12 months studios sold for AED 688,000, around AED 1,920 per sqft, and rent for AED 32,681 to 60,000 a year. 303's AED 36,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Jan 2026688,000
20 May 2025700,000
13 May 2025670,000
2 Apr 2025600,000
1 studio sale 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
3012-bedAED 1.8M · Mar 2015
3022-bedAED 1.25M · Sep 2025
3041-bedAED 1.2M · May 2015
3051-bedAED 1.2M · Oct 2025
306StudioAED 550K · May 2023
3072-bedAED 1.2M · Mar 2025
3081-bedAED 1.01M · Jan 2026
1–7 of 10

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

  • Sold twice: first on 16 July 2013 for AED 565,748, last on 19 December 2024 for AED 640,000 (AED 1,786 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 47,000 to AED 27,000 in 2021 and recovered to AED 36,000 by October 2022.
  • At AED 36,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 6,500 a year (AED 18.12 per sqft).
  • Studios in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 688,000–688,000 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 19 December 2024.

Questions about 303, Al Areifi Marina Tower(Escan Marina Tower)

What did unit 303 last sell for?

AED 640,000 on 19 December 2024: AED 1,786 per sqft for 358 sqft. The unit has 2 registered sales; the first was AED 565,748 in July 2013.

What is the rent for unit 303?

AED 36,000 a year on the contract signed on 6 October 2022. The previous contract, from July 2021, was AED 27,000; the unit has been rented since October 2017.

How big is unit 303?

358 sqft (33.3 sqm): a studio on the 3rd floor of a 31-storey tower completed in 2016.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 688,000 to 688,000 in the last 12 months, around AED 1,920 per sqft.

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Mortgage on 303, Al Areifi Marina Tower(Escan Marina Tower)

Starts from the last sale price (AED 640K, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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