706, Al Areifi Marina Tower(Escan Marina Tower)
Sold prices and rental history: sold twice, last in February 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 706, Al Areifi Marina Tower(Escan Marina Tower)
What is 706 worth today?
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Source: Dubai Land Department. Updated 14 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Floor
- 7th of 31
- Parking
- B2-08
- Developer
- Tharwaa Escan Investments
- Completed
- 2016
- Service charge
- AED 14,100 /yr
- Last sold
- AED 747K · February 2024
About 706, Al Areifi Marina Tower(Escan Marina Tower)
706 is a one-bedroom apartment of 778 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 14 February 2024 for AED 747,100, or AED 960 per sqft, 4% below the AED 995 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 29 February 2020, is AED 48,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 14,100 a year.
Sales and rents for 706 over time
706 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 706 sits
All 202 1-beds →706 last sold in February 2024 at AED 960 per sqft, 4% below what one-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 995). 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. 706's AED 48,000 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 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 | |
| 702 | 2-bed | 1,128 sqft | AED 725KAED 725,000 · Mar 2019March 2019 | 110,000 /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 | |
| 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 |
706, Al Areifi Marina Tower(Escan Marina Tower) in numbers
- Sold twice: first on 23 November 2014 for AED 1,174,851, last on 14 February 2024 for AED 747,100 (AED 960 per sqft).
- Rented since June 2017 on 4 Ejari contracts, from AED 75,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 6.4%, 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 14 February 2024.
Questions about 706, Al Areifi Marina Tower(Escan Marina Tower)
What did unit 706 last sell for?
AED 747,100 on 14 February 2024: AED 960 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 706?
AED 48,000 a year on the contract renewed on 29 February 2020. The previous contract, from December 2019, was AED 48,558; the unit has been rented since June 2017.
How big is unit 706?
778 sqft (72.3 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2016.
What is unit 706 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 706, Al Areifi Marina Tower(Escan Marina Tower)
Starts from the last sale price (AED 747K, 14 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 747,100
- Deposit, UAE resident (20%)
- AED 149,420
- Deposit, non-resident (40%)
- AED 298,840
- Monthly over 25 years at 3.7%
- AED 3,057
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →