3-bed · 2,483 sqftAl Mass Tower, Dubai Marina · 17th floor · completed 2004

1701, Al Mass Tower

Sold prices and rental history: sold 3 times, last in June 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 7 June 2020
Last soldAED 3.18M7 June 2020
Current rentAED 233K /yr10 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Al Mass Tower

What is 1701 worth today?

Last sold for AED 3,175,000 in 2020

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7 Jun 2020SoldReady
AED 3,175,000AED 1,278 per sqft
10 Jun 2018RentedNew contract
AED 233,000/yr12 months · AED 94 per sqft
3 Jun 2017RentedNew contract
AED 270,000/yr12 months · AED 109 per sqft
14 Aug 2016RentedNew contract
AED 250,000/yr12 months · AED 101 per sqft
1 Sep 2015RentedRenewal
AED 260,000/yr12 months · AED 105 per sqft
1 Sep 2014RentedNew contract
AED 260,000/yr12 months · AED 105 per sqft
17 Feb 2014SoldReady
AED 6,500,000AED 2,617 per sqft
25 Feb 2009Sold by developerReady
AED 2,043,200AED 822 per sqft

Source: Dubai Land Department. Updated 7 June 2020.

Key facts

Type
3-bed apartment
Size
2,483 sqft
Floor
17th of 28
Parking
245 , 246
Developer
Emaar
Completed
2004
Service charge
AED 37,200 /yr
Last sold
AED 3.18M · June 2020

About 1701, Al Mass Tower

1701 is a three-bedroom apartment of 2,483 sqft on the 17th floor of Al Mass Tower, a 28-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 7 June 2020 for AED 3,175,000, or AED 1,278 per sqft, in line with the AED 1,248 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 10 June 2018, is AED 233,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 37,200 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical three-bed in Al Mass Tower
2.5M5M2008201320182023Typical sale price by year: 2008 AED 1,909,000; 2009 AED 1,884,238; 2010 AED 1,898,670; 2011 AED 2,300,000; 2012 AED 2,608,100; 2013 AED 3,972,500; 2014 AED 4,300,000; 2015 AED 3,800,000; 2016 AED 3,400,000; 2017 AED 4,700,000; 2018 AED 3,000,000; 2020 AED 2,525,000; 2021 AED 2,250,000; 2022 AED 3,500,000; 2023 AED 4,200,000; 2024 AED 5,242,500; 2025 AED 5,500,000; 2026 AED 6,600,000Sold by developer, February 2009: AED 2,043,200 (AED 822 per sqft)Sold, February 2014: AED 6,500,000 (AED 2,617 per sqft)Sold, June 2020: AED 3,175,000 (AED 1,278 per sqft)

1701 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1701, each contractTypical three-bed in Al Mass Tower
150K200K250K2012201620202024Typical rent by year: 2012 AED 222,750; 2013 AED 225,000; 2014 AED 230,000; 2015 AED 235,000; 2016 AED 235,000; 2017 AED 230,000; 2018 AED 215,000; 2019 AED 190,000; 2020 AED 170,000; 2021 AED 160,000; 2022 AED 184,000; 2023 AED 210,000; 2024 AED 230,000; 2025 AED 245,000; 2026 AED 240,000New contract, September 2014: AED 260,000 a yearRenewal, September 2015: AED 260,000 a yearNew contract, August 2016: AED 250,000 a yearNew contract, June 2017: AED 270,000 a yearNew contract, June 2018: AED 233,000 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 Mass Tower, and where 1701 sits

All 105 3-beds →

1701 last sold in June 2020 at AED 1,278 per sqft, in line with what three-beds in Al Mass Tower were fetching at the time (AED 1,248). Over the last 12 months three-beds sold for AED 4,200,000 to 8,159,353, around AED 2,642 per sqft, and rent for AED 100,000 to 670,000 a year. 1701's AED 233,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Jul 20266,550,000
1 Jul 20264,200,000
13 Jun 20268,159,353
9 Mar 20267,800,000
5 3-bed sales in the last 12 months

Al Mass Tower

Building

169 apartments, 1-bed to 5-bed over 28 floors in Dubai Marina, completed in 2004 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,468
Typical sale
AED 6.58M
Typical rent
AED 221K /yr
Typical yield
4.2%
Al Mass Tower, Dubai Marina: prices, sales and rents →

Other units on the 17th floor

All 169 units in Al Mass Tower
Value
17022-bedAED 1.85M · Apr 2021
17033-bedAED 1.28M · Mar 2011
17043-bedAED 1.71M · Mar 2013
17052-bedAED 1.02M · Aug 2009
17063-bedAED 4.7M · Jul 2017

1701, Al Mass Tower in numbers

  • Sold 3 times: first on 25 February 2009 for AED 2,043,200, last on 7 June 2020 for AED 3,175,000 (AED 1,278 per sqft).
  • Rented since September 2014 on 5 Ejari contracts, from AED 260,000 to AED 233,000 a year.
  • At AED 233,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 37,200 a year (AED 15.00 per sqft).
  • Three-beds in Al Mass Tower sold for AED 4,200,000–8,159,353 in the 12 months to November 2026; the building's median across all types is AED 2,468 per sqft.

Source: Dubai Land Department. Updated 7 June 2020.

Questions about 1701, Al Mass Tower

What did unit 1701 last sell for?

AED 3,175,000 on 7 June 2020: AED 1,278 per sqft for 2,483 sqft. The unit has 3 registered sales; the first was AED 2,043,200 in February 2009.

What is the rent for unit 1701?

AED 233,000 a year on the contract signed on 10 June 2018. The previous contract, from June 2017, was AED 270,000; the unit has been rented since September 2014.

How big is unit 1701?

2,483 sqft (230.7 sqm): a three-bedroom apartment on the 17th floor of a 28-storey tower completed in 2004.

What is unit 1701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Mass Tower sold for AED 4,200,000 to 8,159,353 in the last 12 months, around AED 2,642 per sqft.

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Mortgage on 1701, Al Mass Tower

Starts from the last sale price (AED 3.18M, 7 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,175,000
Deposit, UAE resident (20%)
AED 635,000
Deposit, non-resident (40%)
AED 1,270,000
Monthly over 25 years at 3.7%
AED 12,990

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