702, Al Fairooz Tower
Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Al Fairooz Tower
What is 702 worth today?
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Source: Dubai Land Department. Updated 16 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,570 sqft
- Floor
- 7th of 20
- Parking
- 303
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 23,100 /yr
- Last sold
- AED 720K · October 2011
- Building
- Al Fairooz Tower
About 702, Al Fairooz Tower
702 is a two-bedroom apartment of 1,570 sqft on the 7th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 27 October 2011 for AED 720,000, or AED 458 per sqft, 12% below the AED 520 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 15 Ejari contracts. The current contract, signed on 16 September 2026, is AED 150,000 a year: a gross yield of 20.8% on the 2011 price, before the service charge of about AED 23,100 a year.
Sales and rents for 702 over time
702 has sold once; 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 702 sits
All 31 2-beds →702 last sold in October 2011 at AED 458 per sqft, 12% below what two-beds in Al Fairooz Tower were fetching at the time (AED 520). 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. 702's AED 150,000 is at the bottom 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 7th floor
All 108 units in Al Fairooz Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 2,399 sqft | AED 6.95MAED 6,950,000 · Aug 2026August 2026 | 315,000 /yr | |
| 703 | 3-bed | 2,429 sqft | AED 4MAED 4,000,000 · Mar 2014March 2014 | 235,000 /yr | |
| 704 | 3-bed | 2,429 sqft | AED 1.89MAED 1,885,888 · Aug 2010August 2010 | 215,000 /yr | |
| 705 | 2-bed | 1,570 sqft | AED 690KAED 690,000 · Sep 2013September 2013 | 164,000 /yr | |
| 706 | 3-bed | 2,399 sqft | AED 2.43MAED 2,425,000 · Apr 2008April 2008 |
702, Al Fairooz Tower in numbers
- Sold once: by Emaar on 27 October 2011 for AED 720,000, or AED 458 per sqft.
- Rented since February 2014 on 15 Ejari contracts. The rent fell from AED 230,000 to AED 120,000 in 2021 and recovered to AED 150,000 by September 2026.
- At AED 150,000 a year the gross yield on the 2011 price is 20.8%, before a service charge of about AED 23,100 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 16 September 2026.
Questions about 702, Al Fairooz Tower
What did unit 702 last sell for?
AED 720,000 on 27 October 2011, sold by the developer: AED 458 per sqft for 1,570 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 150,000 a year on the contract signed on 16 September 2026. The previous contract, from August 2026, was AED 185,000; the unit has been rented since February 2014.
How big is unit 702?
1,570 sqft (145.9 sqm): a two-bedroom apartment on the 7th floor of a 20-storey tower completed in 2004.
What is unit 702 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 702, Al Fairooz Tower
Starts from the last sale price (AED 720K, 27 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →