3-bed · 2,351 sqftAl Fairooz Tower, Dubai Marina · 11th floor · completed 2004

1101, Al Fairooz Tower

Sold prices and rental history: sold twice, last in July 2008, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 6M10 July 2008
Current rentAED 208K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Al Fairooz Tower

What is 1101 worth today?

Last sold for AED 6,000,000 in 2008

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18 Oct 2024RentedRenewal
AED 208,171/yr12 months · AED 89 per sqft
18 Oct 2024RentedRenewal
AED 208,171/yr12 months · AED 89 per sqft
18 Oct 2024RentedNew contract
AED 278,787/yr7 months · AED 119 per sqft
18 Oct 2024RentedNew contract
AED 278,787/yr7 months · AED 119 per sqft
7 Nov 2023RentedRenewal
AED 219,999/yr11 months · AED 94 per sqft
7 Nov 2022RentedRenewal
AED 220,000/yr12 months · AED 94 per sqft
7 Nov 2021RentedNew contract
AED 220,000/yr12 months · AED 94 per sqft
1 Nov 2020RentedRenewal
AED 180,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
3-bed apartment
Size
2,351 sqft
Floor
11th of 20
Parking
148 , 149
Developer
Emaar
Completed
2004
Service charge
AED 34,500 /yr
Last sold
AED 6M · July 2008

About 1101, Al Fairooz Tower

1101 is a three-bedroom apartment of 2,351 sqft on the 11th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 10 July 2008 for AED 6,000,000, or AED 2,552 per sqft, 153% above the AED 1,010 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 18 October 2024, is AED 208,171 a year: a gross yield of 3.5% on the 2008 price, before the service charge of about AED 34,500 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical three-bed in Al Fairooz Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,587,500; 2009 AED 2,550,000; 2010 AED 1,922,944; 2011 AED 2,203,750; 2012 AED 2,600,000; 2013 AED 3,150,000; 2014 AED 4,250,000; 2016 AED 3,100,000; 2017 AED 3,525,000; 2018 AED 3,000,000; 2023 AED 3,550,000; 2024 AED 3,873,451; 2025 AED 5,875,000; 2026 AED 6,075,000Sold by developer, April 2008: AED 3,450,000 (AED 1,467 per sqft)Sold, July 2008: AED 6,000,000 (AED 2,552 per sqft)

1101 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1101, each contractTypical three-bed in Al Fairooz Tower
200K250K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 220,000; 2014 AED 250,000; 2015 AED 250,000; 2016 AED 240,000; 2017 AED 242,500; 2018 AED 231,000; 2019 AED 206,000; 2020 AED 190,000; 2021 AED 170,000; 2022 AED 182,000; 2023 AED 230,000; 2024 AED 231,000; 2025 AED 259,683; 2026 AED 230,000New contract, November 2018: AED 207,000 a yearRenewal, November 2019: AED 207,000 a yearRenewal, November 2020: AED 180,000 a yearNew contract, November 2021: AED 220,000 a yearRenewal, November 2022: AED 220,000 a yearRenewal, November 2023: AED 219,999 a yearRenewal, October 2024: AED 208,171 a yearRenewal, October 2024: AED 208,171 a yearNew contract, October 2024: AED 278,787 a yearNew contract, October 2024: AED 278,787 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Fairooz Tower, and where 1101 sits

All 66 3-beds →

1101 last sold in July 2008 at AED 2,552 per sqft, 153% above what three-beds in Al Fairooz Tower were fetching at the time (AED 1,010). Over the last 12 months three-beds sold for AED 5,100,000 to 12,100,000, around AED 2,132 per sqft, and rent for AED 175,000 to 714,000 a year. 1101's AED 208,171 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Aug 20266,950,000
12 Jun 202612,100,000
26 Feb 20265,100,000
21 Jan 20265,200,000
5 3-bed sales in the last 12 months

Al Fairooz Tower

Building

108 apartments, 2-bed to 5-bed over 20 floors in Dubai Marina, completed in 2004 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,070
Typical sale
AED 5.5M
Typical rent
AED 226K /yr
Typical yield
5.2%
Al Fairooz Tower, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 108 units in Al Fairooz Tower
Value
11022-bedAED 2.7M · Feb 2017
11033-bedAED 3.15M · Jun 2008
11043-bedAED 929K · Mar 2010
11052-bedAED 1.65M · Apr 2010
11063-bedAED 2.68M · Nov 2008

1101, Al Fairooz Tower in numbers

  • Sold twice: first on 30 April 2008 for AED 3,450,000, last on 10 July 2008 for AED 6,000,000 (AED 2,552 per sqft).
  • Rented since November 2018 on 10 Ejari contracts. The rent fell from AED 207,000 to AED 180,000 in 2020 and recovered to AED 208,171 by October 2024.
  • At AED 208,171 a year the gross yield on the 2008 price is 3.5%, before a service charge of about AED 34,500 a year (AED 14.69 per sqft).
  • Three-beds in Al Fairooz Tower sold for AED 5,100,000–12,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,070 per sqft.

Source: Dubai Land Department. Updated 18 October 2024.

Questions about 1101, Al Fairooz Tower

What did unit 1101 last sell for?

AED 6,000,000 on 10 July 2008: AED 2,552 per sqft for 2,351 sqft. The unit has 2 registered sales; the first was AED 3,450,000 in April 2008.

What is the rent for unit 1101?

AED 208,171 a year on the contract renewed on 18 October 2024. The previous contract, from October 2024, was AED 208,171; the unit has been rented since November 2018.

How big is unit 1101?

2,351 sqft (218.4 sqm): a three-bedroom apartment on the 11th floor of a 20-storey tower completed in 2004.

What is unit 1101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Fairooz Tower sold for AED 5,100,000 to 12,100,000 in the last 12 months, around AED 2,132 per sqft.

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Mortgage on 1101, Al Fairooz Tower

Starts from the last sale price (AED 6M, 10 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

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