Studio · 358 sqftAl Areifi Marina Tower(Escan Marina Tower), Dubai Marina · 7th floor · completed 2016

704, Al Areifi Marina Tower(Escan Marina Tower)

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 400K17 October 2021
Current rentAED 47K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Al Areifi Marina Tower(Escan Marina Tower)

What is 704 worth today?

Last sold for AED 400,000 in 2021

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1 Jul 2026RentedNew contract
AED 47,000/yr12 months · AED 132 per sqft
17 Apr 2026RentedNew contract
AED 60,000/yr9 months · AED 167 per sqft
24 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 183 per sqft
17 Oct 2021SoldReady
AED 400,000AED 1,116 per sqft
24 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 113 per sqft
17 Oct 2011Sold by developerOff-plan
AED 217,500AED 607 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
358 sqft
Floor
7th of 31
Parking
B4-17
Developer
Tharwaa Escan Investments
Completed
2016
Service charge
AED 6,500 /yr
Last sold
AED 400K · October 2021

About 704, Al Areifi Marina Tower(Escan Marina Tower)

704 is a studio of 358 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 17 October 2021 for AED 400,000, or AED 1,116 per sqft.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 July 2026, is AED 47,000 a year: a gross yield of 11.8% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, October 2011: AED 217,500 (AED 607 per sqft)Sold, October 2021: AED 400,000 (AED 1,116 per sqft)

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

Rents
Unit 704, 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, January 2021: AED 40,000 a yearNew contract, February 2025: AED 65,000 a yearNew contract, April 2026: AED 60,000 a yearNew contract, July 2026: AED 47,000 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 704 sits

All 37 studios →

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. 704's AED 47,000 is in the upper 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
7012-bedAED 1.03M · Dec 2022
7022-bedAED 725K · Mar 2019
7031-bedAED 970K · Feb 2025
705StudioAED 550K · Jun 2023
7061-bedAED 747K · Feb 2024
7072-bedAED 1.16M · Jul 2024
7081-bedAED 970K · Mar 2025
1–7 of 10

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

  • Sold twice: first on 17 October 2011 for AED 217,500, last on 17 October 2021 for AED 400,000 (AED 1,116 per sqft).
  • Rented since January 2021 on 4 Ejari contracts, from AED 40,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2021 price is 11.8%, 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 1 July 2026.

Questions about 704, Al Areifi Marina Tower(Escan Marina Tower)

What did unit 704 last sell for?

AED 400,000 on 17 October 2021: AED 1,116 per sqft for 358 sqft. The unit has 2 registered sales; the first was AED 217,500 in October 2011.

What is the rent for unit 704?

AED 47,000 a year on the contract signed on 1 July 2026. The previous contract, from April 2026, was AED 60,000; the unit has been rented since January 2021.

How big is unit 704?

358 sqft (33.3 sqm): a studio on the 7th floor of a 31-storey tower completed in 2016.

What is unit 704 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 704, Al Areifi Marina Tower(Escan Marina Tower)

Starts from the last sale price (AED 400K, 17 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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