2-bed · 1,570 sqftAl Fairooz Tower, Dubai Marina · 8th floor · completed 2004

805, Al Fairooz Tower

Sold prices and rental history: sold 3 times, last in February 2021, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 23 February 2021
Last soldAED 875K23 February 2021
Current rentAED 110K /yr15 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Al Fairooz Tower

What is 805 worth today?

Last sold for AED 875,000 in 2021

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23 Feb 2021SoldReady
AED 875,000AED 557 per sqft
15 Nov 2019RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
23 Apr 2008Sold by developerReady
AED 2,400,000AED 1,528 per sqft
23 Apr 2008SoldReady
AED 2,400,000AED 1,528 per sqft

Source: Dubai Land Department. Updated 23 February 2021.

Key facts

Type
2-bed apartment
Size
1,570 sqft
Floor
8th of 20
Parking
208
Developer
Emaar
Completed
2004
Service charge
AED 23,100 /yr
Last sold
AED 875K · February 2021

About 805, Al Fairooz Tower

805 is a two-bedroom apartment of 1,570 sqft on the 8th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 23 February 2021 for AED 875,000, or AED 557 per sqft, 33% below the AED 831 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2019. The current contract, signed on 15 November 2019, is AED 110,000 a year: a gross yield of 12.6% on the 2021 price, before the service charge of about AED 23,100 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical two-bed in Al Fairooz Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,540,000; 2009 AED 1,460,000; 2010 AED 1,725,000; 2011 AED 808,500; 2012 AED 1,777,944; 2013 AED 1,638,888; 2014 AED 2,800,000; 2017 AED 2,700,000; 2021 AED 1,300,000; 2024 AED 2,950,000Sold by developer, April 2008: AED 2,400,000 (AED 1,528 per sqft)Sold, April 2008: AED 2,400,000 (AED 1,528 per sqft)Sold, February 2021: AED 875,000 (AED 557 per sqft)

805 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 805, each contractTypical two-bed in Al Fairooz Tower
100K150K200K2013201720212025Typical rent by year: 2013 AED 181,000; 2014 AED 192,500; 2015 AED 195,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 149,792; 2019 AED 148,500; 2020 AED 121,250; 2021 AED 116,500; 2022 AED 145,000; 2023 AED 150,000; 2024 AED 176,000; 2025 AED 190,000; 2026 AED 177,500New contract, November 2019: AED 110,000 a year

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 805 sits

All 31 2-beds →

805 last sold in February 2021 at AED 557 per sqft, 33% below what two-beds in Al Fairooz Tower were fetching at the time (AED 831). 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. 805's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Aug 20263,250,000
14 Apr 20263,100,000
5 Feb 20251,012,000
4 Jul 20243,150,000
2 2-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
8033-bedAED 1.84M · Mar 2012
8043-bedAED 2.91M · Jul 2018
8063-bedAED 5.55M · May 2024

805, Al Fairooz Tower in numbers

  • Sold 3 times: first on 23 April 2008 for AED 2,400,000, last on 23 February 2021 for AED 875,000 (AED 557 per sqft).
  • Rented since November 2019 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 12.6%, 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 23 February 2021.

Questions about 805, Al Fairooz Tower

What did unit 805 last sell for?

AED 875,000 on 23 February 2021: AED 557 per sqft for 1,570 sqft. The unit has 3 registered sales; the first was AED 2,400,000 in April 2008.

What is the rent for unit 805?

AED 110,000 a year on the contract signed on 15 November 2019.

How big is unit 805?

1,570 sqft (145.9 sqm): a two-bedroom apartment on the 8th floor of a 20-storey tower completed in 2004.

What is unit 805 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 805, Al Fairooz Tower

Starts from the last sale price (AED 875K, 23 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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