1-bed · 1,073 sqftAl Mass Tower, Dubai Marina · 23rd floor · completed 2004

2305, Al Mass Tower

Sold prices and rental history: sold once, by the developer in December 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 28 March 2022
Last soldAED 1.26M8 December 2010
Current rentAED 105K /yr28 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, Al Mass Tower

What is 2305 worth today?

Last sold for AED 1,262,740 in 2010

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28 Mar 2022RentedNew contract
AED 105,000/yr12 months · AED 98 per sqft
15 Dec 2019RentedRenewal
AED 100,000/yr12 months · AED 93 per sqft
15 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 93 per sqft
1 Feb 2017RentedNew contract
AED 115,000/yr12 months · AED 107 per sqft
8 Dec 2010Sold by developerReady
AED 1,262,740AED 1,176 per sqft

Source: Dubai Land Department. Updated 28 March 2022.

Key facts

Type
1-bed apartment
Size
1,073 sqft
Floor
23rd of 28
Parking
2241
Developer
Emaar
Completed
2004
Service charge
AED 16,100 /yr
Last sold
AED 1.26M · December 2010

About 2305, Al Mass Tower

2305 is a one-bedroom apartment of 1,073 sqft on the 23rd floor of Al Mass Tower, a 28-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 8 December 2010 for AED 1,262,740, or AED 1,176 per sqft, 120% above the AED 534 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 28 March 2022, is AED 105,000 a year: a gross yield of 8.3% on the 2010 price, before the service charge of about AED 16,100 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical one-bed in Al Mass Tower
1M2M20092013201720212025Typical sale price by year: 2009 AED 1,000,000; 2010 AED 829,450; 2013 AED 1,056,000; 2024 AED 2,150,000Sold by developer, December 2010: AED 1,262,740 (AED 1,176 per sqft)

2305 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2305, each contractTypical one-bed in Al Mass Tower
100K110K120K2014201820222026Typical rent by year: 2014 AED 120,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 110,000; 2019 AED 100,000; 2022 AED 105,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 110,000; 2026 AED 121,500New contract, February 2017: AED 115,000 a yearNew contract, December 2018: AED 100,000 a yearRenewal, December 2019: AED 100,000 a yearNew contract, March 2022: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Mass Tower, and where 2305 sits

All 11 1-beds →

2305 last sold in December 2010 at AED 1,176 per sqft, 120% above what one-beds in Al Mass Tower were fetching at the time (AED 534). 2305's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20252,800,000
5 Dec 20242,150,000
5 Dec 20242,150,000
26 Sep 20241,350,000
0 1-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 23rd floor

All 169 units in Al Mass Tower
Value
23013-bedAED 1.08M · Jul 2010
23021-bedAED 1.8M · May 2016
23033-bedAED 1.92M · Oct 2008
23043-bedAED 3.85M · Aug 2015
23063-bedAED 1.94M · Mar 2011

2305, Al Mass Tower in numbers

  • Sold once: by Emaar on 8 December 2010 for AED 1,262,740, or AED 1,176 per sqft.
  • Rented since February 2017 on 4 Ejari contracts, from AED 115,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2010 price is 8.3%, before a service charge of about AED 16,100 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 28 March 2022.

Questions about 2305, Al Mass Tower

What did unit 2305 last sell for?

AED 1,262,740 on 8 December 2010, sold by the developer: AED 1,176 per sqft for 1,073 sqft. It is the only registered sale of the unit.

What is the rent for unit 2305?

AED 105,000 a year on the contract signed on 28 March 2022. The previous contract, from December 2019, was AED 100,000; the unit has been rented since February 2017.

How big is unit 2305?

1,073 sqft (99.7 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2004.

What is unit 2305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2305, Al Mass Tower

Starts from the last sale price (AED 1.26M, 8 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,262,740
Deposit, UAE resident (20%)
AED 252,548
Deposit, non-resident (40%)
AED 505,096
Monthly over 25 years at 3.7%
AED 5,166

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