4-bed · 3,279 sqftAl Fairooz Tower, Dubai Marina · 18th floor · completed 2004

1803, Al Fairooz Tower

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 6.5M31 October 2023
Current rentAED 312K /yr16 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Al Fairooz Tower

What is 1803 worth today?

Last sold for AED 6,500,000 in 2023

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31 Oct 2023SoldReady
AED 6,500,000AED 1,982 per sqft
16 Jun 2023RentedRenewal
AED 311,847/yr8 months · AED 95 per sqft
16 Jun 2022RentedRenewal
AED 280,000/yr12 months · AED 85 per sqft
16 Jun 2021RentedRenewal
AED 230,000/yr12 months · AED 70 per sqft
16 Jun 2020RentedRenewal
AED 230,000/yr12 months · AED 70 per sqft
16 Jun 2019RentedNew contract
AED 290,000/yr12 months · AED 88 per sqft
15 Dec 2015RentedNew contract
AED 350,000/yr12 months · AED 107 per sqft
30 May 2013SoldReady
AED 6,500,000AED 1,982 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
4-bed apartment
Size
3,279 sqft
Floor
18th of 20
Parking
290 , 291
Developer
Emaar
Completed
2004
Service charge
AED 48,200 /yr
Last sold
AED 6.5M · October 2023

About 1803, Al Fairooz Tower

1803 is a four-bedroom apartment of 3,279 sqft on the 18th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 31 October 2023 for AED 6,500,000, or AED 1,982 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 16 June 2023, is AED 311,847 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 48,200 a year.

4-beds in Al Fairooz Tower, and where 1803 sits

All 6 4-beds →

Over the last 12 months four-beds sold for AED 5,500,000 to 6,500,000, around AED 1,762 per sqft, and rent for AED 340,000 to 350,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
13 Jul 20266,500,000
25 Dec 20255,500,000
1 May 20238,000,000
19 Apr 20168,500,000
2 4-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 18th floor

All 108 units in Al Fairooz Tower
Value
18015-bedAED 14M · Oct 2014
18024-bedAED 3.08M · Aug 2010

1803, Al Fairooz Tower in numbers

  • Sold 3 times: first on 12 July 2010 for AED 1,540,000, last on 31 October 2023 for AED 6,500,000 (AED 1,982 per sqft).
  • Rented since December 2015 on 6 Ejari contracts. The rent fell from AED 350,000 to AED 230,000 in 2021 and recovered to AED 311,847 by June 2023.
  • At AED 311,847 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 48,200 a year (AED 14.69 per sqft).
  • Four-beds in Al Fairooz Tower sold for AED 5,500,000–6,500,000 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 31 October 2023.

Questions about 1803, Al Fairooz Tower

What did unit 1803 last sell for?

AED 6,500,000 on 31 October 2023: AED 1,982 per sqft for 3,279 sqft. The unit has 3 registered sales; the first was AED 1,540,000 in July 2010.

What is the rent for unit 1803?

AED 311,847 a year on the contract renewed on 16 June 2023. The previous contract, from June 2022, was AED 280,000; the unit has been rented since December 2015.

How big is unit 1803?

3,279 sqft (304.6 sqm): a four-bedroom apartment on the 18th floor of a 20-storey tower completed in 2004.

What is unit 1803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Al Fairooz Tower sold for AED 5,500,000 to 6,500,000 in the last 12 months, around AED 1,762 per sqft.

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Mortgage on 1803, Al Fairooz Tower

Starts from the last sale price (AED 6.5M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,500,000
Deposit, UAE resident (20%)
AED 1,300,000
Deposit, non-resident (40%)
AED 2,600,000
Monthly over 25 years at 3.7%
AED 26,594

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