605, Al Areifi Marina Tower(Escan Marina Tower)
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 605, Al Areifi Marina Tower(Escan Marina Tower)
What is 605 worth today?
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Source: Dubai Land Department. Updated 22 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Floor
- 6th of 31
- Parking
- B2-02
- Developer
- Tharwaa Escan Investments
- Completed
- 2016
- Service charge
- AED 14,100 /yr
- Last sold
- AED 820K · April 2024
About 605, Al Areifi Marina Tower(Escan Marina Tower)
605 is a one-bedroom apartment of 778 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 22 April 2024 for AED 820,000, or AED 1,053 per sqft, 3% above the AED 1,019 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 17 November 2023, is AED 60,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 14,100 a year.
Sales and rents for 605 over time
605 has sold twice; 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 605 sits
All 202 1-beds →605 last sold in April 2024 at AED 1,053 per sqft, 3% above what one-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 1,019). 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. 605'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 6th floor
All 332 units in Al Areifi Marina Tower(Escan Marina Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,188 sqft | AED 1.97MAED 1,970,880 · Mar 2015March 2015 | 98,000 /yr | |
| 602 | 2-bed | 1,128 sqft | AED 1.37MAED 1,365,396 · Apr 2017April 2017 | ||
| 603 | 1-bed | 660 sqft | AED 730KAED 730,000 · Apr 2024April 2024 | 58,000 /yr | |
| 604 | 1-bed | 759 sqft | AED 729KAED 729,014 · Feb 2024February 2024 | 60,720 /yr | |
| 606 | 1-bed | 756 sqft | AED 709KAED 709,192 · Feb 2024February 2024 | 58,000 /yr | |
| 607 | 2-bed | 1,103 sqft | AED 1.42MAED 1,424,720 · Aug 2024August 2024 | 103,000 /yr | |
| 608 | Studio | 351 sqft | AED 210KAED 210,000 · Oct 2011October 2011 | 150,000 /yr | |
| 609 | Studio | 358 sqft | AED 218KAED 217,500 · Oct 2011October 2011 | 45,000 /yr | |
| 610 | 1-bed | 837 sqft | AED 803KAED 803,107 · Feb 2024February 2024 | 61,793 /yr | |
| 611 | 2-bed | 1,169 sqft | AED 1.18MAED 1,180,000 · Dec 2024December 2024 | 72,000 /yr |
605, Al Areifi Marina Tower(Escan Marina Tower) in numbers
- Sold twice: first on 23 November 2014 for AED 1,174,851, last on 22 April 2024 for AED 820,000 (AED 1,053 per sqft).
- Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2020 and recovered to AED 60,000 by November 2023.
- At AED 60,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 14,100 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 22 April 2024.
Questions about 605, Al Areifi Marina Tower(Escan Marina Tower)
What did unit 605 last sell for?
AED 820,000 on 22 April 2024: AED 1,053 per sqft for 778 sqft. The unit has 2 registered sales; the first was AED 1,174,851 in November 2014.
What is the rent for unit 605?
AED 60,000 a year on the contract signed on 17 November 2023. The previous contract, from November 2022, was AED 60,000; the unit has been rented since May 2017.
How big is unit 605?
778 sqft (72.3 sqm): a one-bedroom apartment on the 6th floor of a 31-storey tower completed in 2016.
What is unit 605 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 605, Al Areifi Marina Tower(Escan Marina Tower)
Starts from the last sale price (AED 820K, 22 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →