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3-bed · 2,351 sqftAl Fairooz Tower, Dubai Marina · 13th floor · completed 2004

1301, Al Fairooz Tower

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 3 June 2022
Last soldAED 5.3M3 June 2022
Current rentAED 230K /yr16 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1301, Al Fairooz Tower

What is 1301 worth today?

Last sold for AED 5,300,000 in 2022

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3 Jun 2022SoldReady
AED 5,300,000AED 2,254 per sqft
16 Oct 2021RentedNew contract
AED 230,000/yr12 months · AED 98 per sqft
12 Sep 2021RentedRenewal
AED 230,004/yr1 months · AED 98 per sqft
12 Sep 2020RentedRenewal
AED 230,000/yr12 months · AED 98 per sqft
12 Sep 2019RentedRenewal
AED 250,000/yr12 months · AED 107 per sqft
12 Sep 2018RentedNew contract
AED 250,000/yr12 months · AED 107 per sqft
25 Feb 2018SoldReady
AED 3,975,000AED 1,690 per sqft
11 Jan 2018SoldReady
AED 3,178,774AED 1,352 per sqft

Source: Dubai Land Department. Updated 3 June 2022.

Key facts

Type
3-bed apartment
Size
2,351 sqft
Floor
13th of 20
Parking
2016 , 2017
Developer
Emaar
Completed
2004
Service charge
AED 34,500 /yr
Last sold
AED 5.3M · June 2022
Building
Al Fairooz Tower

About 1301, Al Fairooz Tower

1301 is a three-bedroom apartment of 2,351 sqft on the 13th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 3 June 2022 for AED 5,300,000, or AED 2,254 per sqft.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 16 October 2021, is AED 230,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 34,500 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, December 2008: AED 2,775,000 (AED 1,180 per sqft)Sold, January 2018: AED 3,178,774 (AED 1,352 per sqft)Sold, February 2018: AED 3,975,000 (AED 1,690 per sqft)Sold, June 2022: AED 5,300,000 (AED 2,254 per sqft)

1301 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1301, 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, July 2012: AED 195,000 a yearNew contract, September 2013: AED 250,000 a yearRenewal, September 2014: AED 250,000 a yearRenewal, September 2015: AED 250,000 a yearRenewal, September 2016: AED 250,000 a yearRenewal, September 2017: AED 250,000 a yearNew contract, September 2018: AED 250,000 a yearRenewal, September 2019: AED 250,000 a yearRenewal, September 2020: AED 230,000 a yearRenewal, September 2021: AED 230,004 a yearNew contract, October 2021: AED 230,000 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 1301 sits

All 66 3-beds →

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. 1301's AED 230,000 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 13th floor

All 108 units in Al Fairooz Tower
Value
13022-bedAED 2.19M · Jun 2012
13033-bedAED 1.91M · Feb 2016
13043-bedAED 5.1M · Feb 2026
13052-bedAED 2.8M · Oct 2017
13063-bedAED 3.5M · Mar 2023

1301, Al Fairooz Tower in numbers

  • Sold 4 times: first on 25 December 2008 for AED 2,775,000, last on 3 June 2022 for AED 5,300,000 (AED 2,254 per sqft).
  • Rented since July 2012 on 11 Ejari contracts, from AED 195,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2022 price is 4.3%, 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 3 June 2022.

Questions about 1301, Al Fairooz Tower

What did unit 1301 last sell for?

AED 5,300,000 on 3 June 2022: AED 2,254 per sqft for 2,351 sqft. The unit has 4 registered sales; the first was AED 2,775,000 in December 2008.

What is the rent for unit 1301?

AED 230,000 a year on the contract signed on 16 October 2021. The previous contract, from September 2021, was AED 230,004; the unit has been rented since July 2012.

How big is unit 1301?

2,351 sqft (218.4 sqm): a three-bedroom apartment on the 13th floor of a 20-storey tower completed in 2004.

What is unit 1301 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 1301, Al Fairooz Tower

Starts from the last sale price (AED 5.3M, 3 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

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