1202, Al Fairooz Tower
Sold prices and rental history: sold 4 times, last in February 2022, and rented once, from January 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Al Fairooz Tower
What is 1202 worth today?
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Source: Dubai Land Department. Updated 14 February 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,522 sqft
- Floor
- 12th of 20
- Parking
- 2086
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 22,400 /yr
- Last sold
- AED 2.05M · February 2022
- Building
- Al Fairooz Tower
About 1202, Al Fairooz Tower
1202 is a two-bedroom apartment of 1,522 sqft on the 12th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 14 February 2022 for AED 2,050,000, or AED 1,346 per sqft, 18% above the AED 1,145 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 January 2015. The current contract, signed on 3 January 2015, is AED 195,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 22,400 a year.
Sales and rents for 1202 over time
1202 has sold 4 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 Fairooz Tower, and where 1202 sits
All 31 2-beds →1202 last sold in February 2022 at AED 1,346 per sqft, 18% above what two-beds in Al Fairooz Tower were fetching at the time (AED 1,145). Over the last 12 months two-beds sold for AED 3,100,000 to 3,250,000, around AED 2,053 per sqft, and rent for AED 150,000 to 240,000 a year. 1202's AED 195,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 1,570 sqft | 3,250,000 | 2,070 | ||
| 14 Apr 202614 April 2026 | 1,522 sqft | 3,100,000 | 2,036 | ||
| 5 Feb 20255 February 2025 | 2,314 sqft | 1,012,000 | 437 | ||
| 4 Jul 20244 July 2024 | 1,563 sqft | 3,150,000 | 2,015 |
Al Fairooz Tower
Building108 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%
Other units on the 12th floor
All 108 units in Al Fairooz Tower1202, Al Fairooz Tower in numbers
- Sold 4 times: first on 30 April 2008 for AED 1,560,000, last on 14 February 2022 for AED 2,050,000 (AED 1,346 per sqft).
- Rented since January 2015 on one Ejari contract, at AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 22,400 a year (AED 14.69 per sqft).
- Two-beds in Al Fairooz Tower sold for AED 3,100,000–3,250,000 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 14 February 2022.
Questions about 1202, Al Fairooz Tower
What did unit 1202 last sell for?
AED 2,050,000 on 14 February 2022: AED 1,346 per sqft for 1,522 sqft. The unit has 4 registered sales; the first was AED 1,560,000 in April 2008.
What is the rent for unit 1202?
AED 195,000 a year on the contract signed on 3 January 2015.
How big is unit 1202?
1,522 sqft (141.4 sqm): a two-bedroom apartment on the 12th floor of a 20-storey tower completed in 2004.
What is unit 1202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Fairooz Tower sold for AED 3,100,000 to 3,250,000 in the last 12 months, around AED 2,053 per sqft.
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Mortgage on 1202, Al Fairooz Tower
Starts from the last sale price (AED 2.05M, 14 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →