2-bed · 1,128 sqftAl Areifi Marina Tower(Escan Marina Tower), Dubai Marina · 6th floor · completed 2016

602, Al Areifi Marina Tower(Escan Marina Tower)

Sold prices and rental history: sold twice, last in April 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 17 April 2017
Last soldAED 1.37M17 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Al Areifi Marina Tower(Escan Marina Tower)

What is 602 worth today?

Last sold for AED 1,365,396 in 2017

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17 Apr 2017SoldOff-plan
AED 1,365,396AED 1,210 per sqft
23 Jul 2014Sold by developerOff-plan
AED 1,274,880AED 1,130 per sqft

Source: Dubai Land Department. Updated 17 April 2017.

Key facts

Type
2-bed apartment
Size
1,128 sqft
Floor
6th of 31
Parking
B1-04
Developer
Tharwaa Escan Investments
Completed
2016
Service charge
AED 20,400 /yr
Last sold
AED 1.37M · April 2017

About 602, Al Areifi Marina Tower(Escan Marina Tower)

602 is a two-bedroom apartment of 1,128 sqft on the 6th 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 17 April 2017 for AED 1,365,396, or AED 1,210 per sqft, in line with the AED 1,210 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, 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 1,274,880 (AED 1,130 per sqft)Sold, April 2017: AED 1,365,396 (AED 1,210 per sqft)

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

Rents
Unit 602, 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 98,000

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 602 sits

All 93 2-beds →

602 last sold in April 2017 at AED 1,210 per sqft, in line with what two-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 1,210). 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.

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
6012-bedAED 1.97M · Mar 2015
6031-bedAED 730K · Apr 2024
6041-bedAED 729K · Feb 2024
6051-bedAED 820K · Apr 2024
6061-bedAED 709K · Feb 2024
6072-bedAED 1.42M · Aug 2024
608StudioAED 210K · Oct 2011
1–7 of 10

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

  • Sold twice: first on 23 July 2014 for AED 1,274,880, last on 17 April 2017 for AED 1,365,396 (AED 1,210 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 17 April 2017.

Questions about 602, Al Areifi Marina Tower(Escan Marina Tower)

What did unit 602 last sell for?

AED 1,365,396 on 17 April 2017: AED 1,210 per sqft for 1,128 sqft. The unit has 2 registered sales; the first was AED 1,274,880 in July 2014.

How big is unit 602?

1,128 sqft (104.8 sqm): a two-bedroom apartment on the 6th floor of a 31-storey tower completed in 2016.

What is unit 602 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 602, Al Areifi Marina Tower(Escan Marina Tower)

Starts from the last sale price (AED 1.37M, 17 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,365,396
Deposit, UAE resident (20%)
AED 273,079
Deposit, non-resident (40%)
AED 546,158
Monthly over 25 years at 3.7%
AED 5,586

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