702, Al Areifi Marina Tower(Escan Marina Tower)
Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Al Areifi Marina Tower(Escan Marina Tower)
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,128 sqft
- Floor
- 7th of 31
- Parking
- B2-35
- Developer
- Tharwaa Escan Investments
- Completed
- 2016
- Service charge
- AED 20,400 /yr
- Last sold
- AED 725K · March 2019
About 702, Al Areifi Marina Tower(Escan Marina Tower)
702 is a two-bedroom apartment of 1,128 sqft on the 7th 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 28 March 2019 for AED 725,000, or AED 642 per sqft, 37% below the AED 1,018 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 May 2024, is AED 110,000 a year: a gross yield of 15.2% on the 2019 price, before the service charge of about AED 20,400 a year.
Sales and rents for 702 over time
702 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 702 sits
All 93 2-beds →702 last sold in March 2019 at AED 642 per sqft, 37% below what two-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 1,018). 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. 702's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 1,188 sqft | 1,530,000 | 1,287 | ||
| 24 Sep 202624 September 2026 | 1,134 sqft | 1,300,000 | 1,146 | ||
| 8 Jul 20268 July 2026 | 1,125 sqft | 1,535,000 | 1,364 | ||
| 7 Jul 20267 July 2026 | 1,188 sqft | 1,410,000 | 1,186 |
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 7th floor
All 332 units in Al Areifi Marina Tower(Escan Marina Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,188 sqft | AED 1.03MAED 1,025,000 · Dec 2022December 2022 | 125,000 /yr | |
| 703 | 1-bed | 759 sqft | AED 970KAED 970,000 · Feb 2025February 2025 | 65,000 /yr | |
| 704 | Studio | 358 sqft | AED 400KAED 400,000 · Oct 2021October 2021 | 47,000 /yr | |
| 705 | Studio | 351 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | 57,500 /yr | |
| 706 | 1-bed | 778 sqft | AED 747KAED 747,100 · Feb 2024February 2024 | 48,000 /yr | |
| 707 | 2-bed | 1,103 sqft | AED 1.16MAED 1,160,000 · Jul 2024July 2024 | 85,000 /yr | |
| 708 | 1-bed | 756 sqft | AED 970KAED 970,000 · Mar 2025March 2025 | 58,000 /yr | |
| 709 | 1-bed | 660 sqft | AED 500KAED 500,000 · May 2023May 2023 | ||
| 710 | 2-bed | 1,169 sqft | AED 1.22MAED 1,221,753 · Mar 2025March 2025 | 93,000 /yr | |
| 711 | 1-bed | 837 sqft | AED 611KAED 611,000 · Oct 2011October 2011 |
702, Al Areifi Marina Tower(Escan Marina Tower) in numbers
- Sold 3 times: first on 22 July 2014 for AED 1,657,344, last on 28 March 2019 for AED 725,000 (AED 642 per sqft).
- Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 74,000 to AED 65,000 in 2021 and recovered to AED 110,000 by May 2024.
- At AED 110,000 a year the gross yield on the 2019 price is 15.2%, before a service charge of about AED 20,400 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 1 May 2024.
Questions about 702, Al Areifi Marina Tower(Escan Marina Tower)
What did unit 702 last sell for?
AED 725,000 on 28 March 2019: AED 642 per sqft for 1,128 sqft. The unit has 3 registered sales; the first was AED 1,657,344 in July 2014.
What is the rent for unit 702?
AED 110,000 a year on the contract signed on 1 May 2024. The previous contract, from May 2024, was AED 110,000; the unit has been rented since May 2019.
How big is unit 702?
1,128 sqft (104.8 sqm): a two-bedroom apartment on the 7th floor of a 31-storey tower completed in 2016.
What is unit 702 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 702, Al Areifi Marina Tower(Escan Marina Tower)
Starts from the last sale price (AED 725K, 28 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →