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2-bed · 1,526 sqftAl Mass Tower, Dubai Marina · 17th floor · completed 2004

1702, Al Mass Tower

Sold prices and rental history: sold once, by the developer in April 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 1.85M26 April 2021
Current rentAED 160K /yr29 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1702, Al Mass Tower

What is 1702 worth today?

Last sold for AED 1,850,000 in 2021

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29 May 2024RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft
29 May 2024RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft
12 Jun 2023RentedNew contract
AED 125,000/yr12 months · AED 82 per sqft
12 Jun 2022RentedRenewal
AED 120,000/yr12 months · AED 79 per sqft
12 Jun 2021RentedNew contract
AED 120,000/yr12 months · AED 79 per sqft
26 Apr 2021Sold by developerReady
AED 1,850,000AED 1,212 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
2-bed apartment
Size
1,526 sqft
Floor
17th of 28
Parking
240
Developer
Emaar
Completed
2004
Service charge
AED 22,900 /yr
Last sold
AED 1.85M · April 2021
Building
Al Mass Tower

About 1702, Al Mass Tower

1702 is a two-bedroom apartment of 1,526 sqft on the 17th floor of Al Mass Tower, a 28-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 26 April 2021 for AED 1,850,000, or AED 1,212 per sqft.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 29 May 2024, is AED 160,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical two-bed in Al Mass Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,105,500; 2009 AED 1,119,000; 2010 AED 1,004,000; 2011 AED 1,094,000; 2012 AED 2,100,000; 2013 AED 2,700,000; 2016 AED 2,500,000; 2017 AED 2,575,000; 2021 AED 1,850,000; 2022 AED 2,580,000; 2023 AED 2,431,000; 2024 AED 3,125,000Sold by developer, April 2021: AED 1,850,000 (AED 1,212 per sqft)

1702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in Al Mass Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 142,000; 2013 AED 162,500; 2014 AED 185,000; 2015 AED 195,000; 2016 AED 180,000; 2017 AED 172,500; 2018 AED 155,000; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 110,053; 2022 AED 120,000; 2023 AED 145,000; 2024 AED 179,025; 2025 AED 182,500; 2026 AED 180,000New contract, June 2021: AED 120,000 a yearRenewal, June 2022: AED 120,000 a yearNew contract, June 2023: AED 125,000 a yearNew contract, May 2024: AED 160,000 a yearNew contract, May 2024: AED 160,000 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 Mass Tower, and where 1702 sits

All 50 2-beds →

Over the last 12 months two-beds sold for AED 3,500,000, around AED 2,293 per sqft, and rent for AED 130,000 to 240,000 a year. 1702's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20263,500,000
4 Mar 20253,125,000
31 Jan 20254,000,000
22 Oct 20243,250,000
1 2-bed sale 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
17013-bedAED 3.18M · Jun 2020
17033-bedAED 1.28M · Mar 2011
17043-bedAED 1.71M · Mar 2013
17052-bedAED 1.02M · Aug 2009
17063-bedAED 4.7M · Jul 2017

1702, Al Mass Tower in numbers

  • Sold once: by Emaar on 26 April 2021 for AED 1,850,000, or AED 1,212 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 120,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 8.6%, before a service charge of about AED 22,900 a year (AED 15.00 per sqft).
  • Two-beds in Al Mass Tower sold for AED 3,500,000–3,500,000 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 29 May 2024.

Questions about 1702, Al Mass Tower

What did unit 1702 last sell for?

AED 1,850,000 on 26 April 2021, sold by the developer: AED 1,212 per sqft for 1,526 sqft. It is the only registered sale of the unit.

What is the rent for unit 1702?

AED 160,000 a year on the contract signed on 29 May 2024. The previous contract, from May 2024, was AED 160,000; the unit has been rented since June 2021.

How big is unit 1702?

1,526 sqft (141.8 sqm): a two-bedroom apartment on the 17th floor of a 28-storey tower completed in 2004.

What is unit 1702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Mass Tower sold for AED 3,500,000 to 3,500,000 in the last 12 months, around AED 2,293 per sqft.

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Mortgage on 1702, Al Mass Tower

Starts from the last sale price (AED 1.85M, 26 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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