Studio · 351 sqftAl Areifi Marina Tower(Escan Marina Tower), Dubai Marina · 7th floor · completed 2016

705, Al Areifi Marina Tower(Escan Marina Tower)

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 4 April 2025
Last soldAED 550K23 June 2023
Current rentAED 58K /yr4 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Al Areifi Marina Tower(Escan Marina Tower)

What is 705 worth today?

Last sold for AED 550,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Apr 2025RentedRenewal
AED 57,500/yr12 months · AED 164 per sqft
4 Apr 2025RentedRenewal
AED 57,500/yr12 months · AED 164 per sqft
4 Apr 2024RentedNew contract
AED 50,000/yr12 months · AED 142 per sqft
4 Apr 2024RentedNew contract
AED 50,000/yr12 months · AED 142 per sqft
23 Jun 2023SoldReady
AED 550,000AED 1,565 per sqft
16 Jan 2023RentedNew contract
AED 50,000/yr12 months · AED 141 per sqft
28 Nov 2022SoldReady
AED 490,000AED 1,394 per sqft
17 Oct 2011Sold by developerOff-plan
AED 210,000AED 597 per sqft

Source: Dubai Land Department. Updated 4 April 2025.

Key facts

Type
Studio apartment
Size
351 sqft
Floor
7th of 31
Parking
B4-18
Developer
Tharwaa Escan Investments
Completed
2016
Service charge
AED 6,400 /yr
Last sold
AED 550K · June 2023

About 705, Al Areifi Marina Tower(Escan Marina Tower)

705 is a studio of 351 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 23 June 2023 for AED 550,000, or AED 1,565 per sqft, 43% above the AED 1,096 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 4 April 2025, is AED 57,500 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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 210,000 (AED 597 per sqft)Sold, November 2022: AED 490,000 (AED 1,394 per sqft)Sold, June 2023: AED 550,000 (AED 1,565 per sqft)

705 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 705, 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 2023: AED 50,000 a yearNew contract, April 2024: AED 50,000 a yearNew contract, April 2024: AED 50,000 a yearRenewal, April 2025: AED 57,500 a yearRenewal, April 2025: AED 57,500 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 705 sits

All 37 studios →

705 last sold in June 2023 at AED 1,565 per sqft, 43% above what studios in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 1,096). 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. 705's AED 57,500 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 71K /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
704StudioAED 400K · Oct 2021
7061-bedAED 747K · Feb 2024
7072-bedAED 1.16M · Jul 2024
7081-bedAED 970K · Mar 2025
1–7 of 10

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

  • Sold 3 times: first on 17 October 2011 for AED 210,000, last on 23 June 2023 for AED 550,000 (AED 1,565 per sqft).
  • Rented since January 2023 on 5 Ejari contracts, from AED 50,000 to AED 57,500 a year.
  • At AED 57,500 a year the gross yield on the 2023 price is 10.4%, before a service charge of about AED 6,400 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 4 April 2025.

Questions about 705, Al Areifi Marina Tower(Escan Marina Tower)

What did unit 705 last sell for?

AED 550,000 on 23 June 2023: AED 1,565 per sqft for 351 sqft. The unit has 3 registered sales; the first was AED 210,000 in October 2011.

What is the rent for unit 705?

AED 57,500 a year on the contract renewed on 4 April 2025. The previous contract, from April 2025, was AED 57,500; the unit has been rented since January 2023.

How big is unit 705?

351 sqft (32.6 sqm): a studio on the 7th floor of a 31-storey tower completed in 2016.

What is unit 705 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.

Selling 705? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 705, Al Areifi Marina Tower(Escan Marina Tower)

Starts from the last sale price (AED 550K, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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