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3-bed · 2,498 sqftAl Mass Tower, Dubai Marina · 7th floor · completed 2004

706, Al Mass Tower

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

Unit 706 · DLD and Ejari recordsUpdated 18 September 2024
Last soldAED 3.3M19 August 2015
Current rentAED 90K /yr18 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Al Mass Tower

What is 706 worth today?

Last sold for AED 3,300,000 in 2015

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18 Sep 2024RentedRenewal
AED 90,000/yr24 months · AED 36 per sqft
18 Sep 2017RentedNew contract
AED 80,000/yr12 months · AED 32 per sqft
19 Aug 2015SoldReady
AED 3,300,000AED 1,321 per sqft
15 Jun 2010Sold by developerReady
AED 1,972,888AED 789 per sqft

Source: Dubai Land Department. Updated 18 September 2024.

Key facts

Type
3-bed apartment
Size
2,498 sqft
Floor
7th of 28
Parking
126
Developer
Emaar
Completed
2004
Service charge
AED 37,500 /yr
Last sold
AED 3.3M · August 2015
Building
Al Mass Tower

About 706, Al Mass Tower

706 is a three-bedroom apartment of 2,498 sqft on the 7th floor of Al Mass Tower, a 28-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 19 August 2015 for AED 3,300,000, or AED 1,321 per sqft, 11% below the AED 1,490 three-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 18 September 2024, is AED 90,000 a year: a gross yield of 2.7% on the 2015 price, before the service charge of about AED 37,500 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, June 2010: AED 1,972,888 (AED 789 per sqft)Sold, August 2015: AED 3,300,000 (AED 1,321 per sqft)

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

Rents
Unit 706, each contractTypical three-bed in Al Mass Tower
100K200K2012201620202024Typical 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 2017: AED 80,000 a yearRenewal, September 2024: AED 90,000 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 706 sits

All 105 3-beds →

706 last sold in August 2015 at AED 1,321 per sqft, 11% below what three-beds in Al Mass Tower were fetching at the time (AED 1,490). 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. 706's AED 90,000 is at the bottom 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 7th floor

All 169 units in Al Mass Tower
Value
7013-bedAED 1.84M · May 2012
7022-bedAED 2.45M · Apr 2023
7033-bedAED 3.4M · Nov 2016
7043-bedAED 1.53M · Jun 2009
7052-bedAED 919K · Sep 2010

706, Al Mass Tower in numbers

  • Sold twice: first on 15 June 2010 for AED 1,972,888, last on 19 August 2015 for AED 3,300,000 (AED 1,321 per sqft).
  • Rented since September 2017 on 2 Ejari contracts, from AED 80,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 2.7%, before a service charge of about AED 37,500 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 18 September 2024.

Questions about 706, Al Mass Tower

What did unit 706 last sell for?

AED 3,300,000 on 19 August 2015: AED 1,321 per sqft for 2,498 sqft. The unit has 2 registered sales; the first was AED 1,972,888 in June 2010.

What is the rent for unit 706?

AED 90,000 a year on the contract renewed on 18 September 2024. The previous contract, from September 2017, was AED 80,000.

How big is unit 706?

2,498 sqft (232.1 sqm): a three-bedroom apartment on the 7th floor of a 28-storey tower completed in 2004.

What is unit 706 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 706, Al Mass Tower

Starts from the last sale price (AED 3.3M, 19 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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