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

1706, Al Mass Tower

Sold prices and rental history: sold 5 times, last in July 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 12 July 2017
Last soldAED 4.7M12 July 2017
Current rentAED 285K /yr25 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Al Mass Tower

What is 1706 worth today?

Last sold for AED 4,700,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Jul 2017SoldReady
AED 4,700,000AED 1,892 per sqft
25 Aug 2016RentedNew contract
AED 285,000/yr12 months · AED 115 per sqft
25 May 2015RentedNew contract
AED 285,000/yr12 months · AED 115 per sqft
20 May 2013SoldReady
AED 4,750,000AED 1,912 per sqft
1 Mar 2012RentedNew contract
AED 233,000/yr17 months · AED 94 per sqft
28 May 2008SoldReady
AED 5,200,000AED 4,186 per sqft
28 May 2008SoldReady
AED 5,200,000AED 2,094 per sqft
22 Apr 2008Sold by developerReady
AED 3,100,000AED 1,248 per sqft

Source: Dubai Land Department. Updated 12 July 2017.

Key facts

Type
3-bed apartment
Size
2,483 sqft
Floor
17th of 28
Parking
230 , 231
Developer
Emaar
Completed
2004
Service charge
AED 37,200 /yr
Last sold
AED 4.7M · July 2017

About 1706, Al Mass Tower

1706 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 12 July 2017 for AED 4,700,000, or AED 1,892 per sqft, 27% above the AED 1,487 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 25 August 2016, is AED 285,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 37,200 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, April 2008: AED 3,100,000 (AED 1,248 per sqft)Sold, May 2008: AED 5,200,000 (AED 4,186 per sqft)Sold, May 2008: AED 5,200,000 (AED 2,094 per sqft)Sold, May 2013: AED 4,750,000 (AED 1,912 per sqft)Sold, July 2017: AED 4,700,000 (AED 1,892 per sqft)

1706 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1706, each contractTypical three-bed in Al Mass Tower
200K300K2012201620202024Typical 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, March 2012: AED 233,000 a yearNew contract, May 2015: AED 285,000 a yearNew contract, August 2016: AED 285,000 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 1706 sits

All 105 3-beds →

1706 last sold in July 2017 at AED 1,892 per sqft, 27% above what three-beds in Al Mass Tower were fetching at the time (AED 1,487). 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. 1706's AED 285,000 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
17013-bedAED 3.18M · Jun 2020
17022-bedAED 1.85M · Apr 2021
17033-bedAED 1.28M · Mar 2011
17043-bedAED 1.71M · Mar 2013
17052-bedAED 1.02M · Aug 2009

1706, Al Mass Tower in numbers

  • Sold 5 times: first on 22 April 2008 for AED 3,100,000, last on 12 July 2017 for AED 4,700,000 (AED 1,892 per sqft).
  • Rented since March 2012 on 3 Ejari contracts, from AED 233,000 to AED 285,000 a year.
  • At AED 285,000 a year the gross yield on the 2017 price is 6.1%, 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 12 July 2017.

Questions about 1706, Al Mass Tower

What did unit 1706 last sell for?

AED 4,700,000 on 12 July 2017: AED 1,892 per sqft for 2,483 sqft. The unit has 5 registered sales; the first was AED 3,100,000 in April 2008.

What is the rent for unit 1706?

AED 285,000 a year on the contract signed on 25 August 2016. The previous contract, from May 2015, was AED 285,000; the unit has been rented since March 2012.

How big is unit 1706?

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 1706 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.

Selling 1706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1706, Al Mass Tower

Starts from the last sale price (AED 4.7M, 12 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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