3-bed · 3,465 sqftAl Fairooz Tower, Dubai Marina · Ground floor · completed 2004

G01, Al Fairooz Tower

Sold prices and rental history: sold twice, last in June 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 12 June 2017
Last soldAED 3.6M12 June 2017
Current rentAED 265K /yr15 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Al Fairooz Tower

What is G01 worth today?

Last sold for AED 3,600,000 in 2017

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12 Jun 2017SoldReady
AED 3,600,000AED 1,038 per sqft
15 Sep 2016RentedNew contract
AED 265,000/yr12 months · AED 76 per sqft
15 Sep 2015RentedNew contract
AED 270,000/yr12 months · AED 78 per sqft
16 Apr 2008Sold by developerReady
AED 1,850,000AED 533 per sqft

Source: Dubai Land Department. Updated 12 June 2017.

Key facts

Type
3-bed apartment
Size
3,465 sqft
Floor
Ground of 20
Parking
280 , 281
Developer
Emaar
Completed
2004
Service charge
AED 50,900 /yr
Last sold
AED 3.6M · June 2017

About G01, Al Fairooz Tower

G01 is a three-bedroom apartment of 3,465 sqft on the ground floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 12 June 2017 for AED 3,600,000, or AED 1,038 per sqft, 20% below the AED 1,304 three-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 15 September 2016, is AED 265,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 50,900 a year.

Sales and rents for G01 over time

Sales
Unit G01, 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, April 2008: AED 1,850,000 (AED 533 per sqft)Sold, June 2017: AED 3,600,000 (AED 1,038 per sqft)

G01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G01, 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, September 2015: AED 270,000 a yearNew contract, September 2016: AED 265,000 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 G01 sits

All 66 3-beds →

G01 last sold in June 2017 at AED 1,038 per sqft, 20% below what three-beds in Al Fairooz Tower were fetching at the time (AED 1,304). 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. G01's AED 265,000 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 ground floor

All 108 units in Al Fairooz Tower
Value
G022-bedAED 1.01M · Feb 2025
G033-bedAED 1.35M · Oct 2008
G043-bedAED 3M · Nov 2018
G052-bedAED 1.98M · Apr 2010
G063-bedAED 2.9M · Jul 2010

G01, Al Fairooz Tower in numbers

  • Sold twice: first on 16 April 2008 for AED 1,850,000, last on 12 June 2017 for AED 3,600,000 (AED 1,038 per sqft).
  • Rented since September 2015 on 2 Ejari contracts, from AED 270,000 to AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 50,900 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 12 June 2017.

Questions about G01, Al Fairooz Tower

What did unit G01 last sell for?

AED 3,600,000 on 12 June 2017: AED 1,038 per sqft for 3,465 sqft. The unit has 2 registered sales; the first was AED 1,850,000 in April 2008.

What is the rent for unit G01?

AED 265,000 a year on the contract signed on 15 September 2016. The previous contract, from September 2015, was AED 270,000.

How big is unit G01?

3,465 sqft (321.9 sqm): a three-bedroom apartment on the ground floor of a 20-storey tower completed in 2004.

What is unit G01 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 G01, Al Fairooz Tower

Starts from the last sale price (AED 3.6M, 12 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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