3-bed · 2,429 sqftAl Fairooz Tower, Dubai Marina · 8th floor · completed 2004

803, Al Fairooz Tower

Sold prices and rental history: sold once, by the developer in March 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 1.84M15 March 2012
Current rentAED 275K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Al Fairooz Tower

What is 803 worth today?

Last sold for AED 1,837,500 in 2012

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18 Dec 2024RentedNew contract
AED 275,000/yr24 months · AED 113 per sqft
18 Dec 2024RentedNew contract
AED 275,000/yr24 months · AED 113 per sqft
1 Oct 2023RentedRenewal
AED 265,000/yr12 months · AED 109 per sqft
1 Oct 2022RentedNew contract
AED 270,000/yr12 months · AED 111 per sqft
1 Aug 2021RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
1 Aug 2020RentedNew contract
AED 145,000/yr12 months · AED 60 per sqft
10 Aug 2018RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
11 Jun 2017RentedRenewal
AED 230,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
3-bed apartment
Size
2,429 sqft
Floor
8th of 20
Parking
190 , 191
Developer
Emaar
Completed
2004
Service charge
AED 35,700 /yr
Last sold
AED 1.84M · March 2012

About 803, Al Fairooz Tower

803 is a three-bedroom apartment of 2,429 sqft on the 8th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 15 March 2012 for AED 1,837,500, or AED 756 per sqft, 8% below the AED 823 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 18 December 2024, is AED 275,000 a year: a gross yield of 15.0% on the 2012 price, before the service charge of about AED 35,700 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, March 2012: AED 1,837,500 (AED 756 per sqft)

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

Rents
Unit 803, each contractTypical three-bed in Al Fairooz Tower
200K2012201620202024Typical 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, January 2013: AED 205,000 a yearNew contract, April 2014: AED 233,000 a yearNew contract, April 2015: AED 233,000 a yearNew contract, June 2016: AED 230,000 a yearRenewal, June 2017: AED 230,000 a yearNew contract, August 2018: AED 170,000 a yearNew contract, August 2020: AED 145,000 a yearRenewal, August 2021: AED 150,000 a yearNew contract, October 2022: AED 270,000 a yearRenewal, October 2023: AED 265,000 a yearNew contract, December 2024: AED 275,000 a yearNew contract, December 2024: AED 275,000 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 803 sits

All 66 3-beds →

803 last sold in March 2012 at AED 756 per sqft, 8% below what three-beds in Al Fairooz Tower were fetching at the time (AED 823). 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. 803's AED 275,000 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 8th floor

All 108 units in Al Fairooz Tower
Value
8013-bedAED 1.24M · Jul 2010
8022-bedAED 1.46M · Dec 2009
8043-bedAED 2.91M · Jul 2018
8052-bedAED 875K · Feb 2021
8063-bedAED 5.55M · May 2024

803, Al Fairooz Tower in numbers

  • Sold once: by Emaar on 15 March 2012 for AED 1,837,500, or AED 756 per sqft.
  • Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 205,000 to AED 145,000 in 2020 and recovered to AED 275,000 by December 2024.
  • At AED 275,000 a year the gross yield on the 2012 price is 15.0%, before a service charge of about AED 35,700 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 December 2024.

Questions about 803, Al Fairooz Tower

What did unit 803 last sell for?

AED 1,837,500 on 15 March 2012, sold by the developer: AED 756 per sqft for 2,429 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 275,000 a year on the contract signed on 18 December 2024. The previous contract, from December 2024, was AED 275,000; the unit has been rented since January 2013.

How big is unit 803?

2,429 sqft (225.7 sqm): a three-bedroom apartment on the 8th floor of a 20-storey tower completed in 2004.

What is unit 803 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 803, Al Fairooz Tower

Starts from the last sale price (AED 1.84M, 15 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,837,500
Deposit, UAE resident (20%)
AED 367,500
Deposit, non-resident (40%)
AED 735,000
Monthly over 25 years at 3.7%
AED 7,518

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