2-bed · 1,591 sqftAl Mesk Tower, Dubai Marina · 1st floor · completed 2023

101, Al Mesk Tower

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 10 October 2019
Last soldAED 1.19M14 February 2011
Current rentAED 100K /yr10 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Al Mesk Tower

What is 101 worth today?

Last sold for AED 1,187,400 in 2011

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10 Oct 2019RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
10 Oct 2018RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft
12 Oct 2017RentedRenewal
AED 145,404/yr12 months · AED 91 per sqft
12 Oct 2016RentedRenewal
AED 145,000/yr12 months · AED 91 per sqft
12 Oct 2015RentedNew contract
AED 150,000/yr12 months · AED 94 per sqft
14 Feb 2011Sold by developerReady
AED 1,187,400AED 746 per sqft

Source: Dubai Land Department. Updated 10 October 2019.

Key facts

Type
2-bed apartment
Size
1,591 sqft
Floor
1st of 37
Parking
427
Developer
Emaar
Completed
2023
Service charge
AED 23,400 /yr
Last sold
AED 1.19M · February 2011

About 101, Al Mesk Tower

101 is a two-bedroom apartment of 1,591 sqft on the 1st floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. The developer sold it on 14 February 2011 for AED 1,187,400, or AED 746 per sqft, in line with the AED 769 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 10 October 2019, is AED 100,000 a year: a gross yield of 8.4% on the 2011 price, before the service charge of about AED 23,400 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in Al Mesk Tower
2M2008201320182023Typical sale price by year: 2008 AED 1,550,000; 2009 AED 1,411,000; 2010 AED 1,273,000; 2011 AED 1,411,000; 2012 AED 2,225,000; 2013 AED 2,275,245; 2014 AED 3,550,000; 2015 AED 2,925,000; 2016 AED 3,100,000; 2017 AED 2,550,000; 2018 AED 2,420,000; 2020 AED 2,100,000; 2021 AED 2,525,000; 2023 AED 2,426,725; 2024 AED 3,300,000Sold by developer, February 2011: AED 1,187,400 (AED 746 per sqft)

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

Rents
Unit 101, each contractTypical two-bed in Al Mesk Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 176,500; 2014 AED 197,500; 2015 AED 195,000; 2016 AED 190,000; 2017 AED 184,000; 2018 AED 169,900; 2019 AED 145,000; 2020 AED 121,750; 2021 AED 130,000; 2022 AED 130,000; 2023 AED 167,500; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 195,000New contract, October 2015: AED 150,000 a yearRenewal, October 2016: AED 145,000 a yearRenewal, October 2017: AED 145,404 a yearRenewal, October 2018: AED 130,000 a yearRenewal, October 2019: AED 100,000 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 Mesk Tower, and where 101 sits

All 65 2-beds →

101 last sold in February 2011 at AED 746 per sqft, in line with what two-beds in Al Mesk Tower were fetching at the time (AED 769). 101's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Apr 20254,800,000
16 Dec 20243,500,000
16 Dec 20243,500,000
11 Jun 20243,175,000
0 2-bed sales in the last 12 months

Al Mesk Tower

Building

232 apartments, 1-bed to 5-bed over 37 floors in Dubai Marina, completed in 2023 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,904
Typical sale
AED 3.95M
Typical rent
AED 185K /yr
Typical yield
5.6%
Al Mesk Tower, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 232 units in Al Mesk Tower
Value
1021-bedAED 715K · Apr 2009
1034-bedAED 2.6M · Dec 2020
1044-bedAED 3.03M · Mar 2010
1051-bedAED 2.2M · Nov 2014
1062-bedAED 2.3M · Mar 2017
1071-bedAED 1.65M · Jun 2024

101, Al Mesk Tower in numbers

  • Sold once: by Emaar on 14 February 2011 for AED 1,187,400, or AED 746 per sqft.
  • Rented since October 2015 on 5 Ejari contracts, from AED 150,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2011 price is 8.4%, before a service charge of about AED 23,400 a year (AED 14.69 per sqft).

Source: Dubai Land Department. Updated 10 October 2019.

Questions about 101, Al Mesk Tower

What did unit 101 last sell for?

AED 1,187,400 on 14 February 2011, sold by the developer: AED 746 per sqft for 1,591 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 100,000 a year on the contract renewed on 10 October 2019. The previous contract, from October 2018, was AED 130,000; the unit has been rented since October 2015.

How big is unit 101?

1,591 sqft (147.8 sqm): a two-bedroom apartment on the 1st floor of a 37-storey tower completed in 2023.

What is unit 101 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 101, Al Mesk Tower

Starts from the last sale price (AED 1.19M, 14 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,187,400
Deposit, UAE resident (20%)
AED 237,480
Deposit, non-resident (40%)
AED 474,960
Monthly over 25 years at 3.7%
AED 4,858

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