1-bed · 1,199 sqftAl Mesk Tower, Dubai Marina · 2nd floor · completed 2023

202, Al Mesk Tower

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 25 February 2023
Last soldAED 678K9 July 2008
Current rentAED 100K /yr25 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Al Mesk Tower

What is 202 worth today?

Last sold for AED 678,000 in 2008

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25 Feb 2023RentedRenewal
AED 100,000/yr12 months · AED 84 per sqft
25 Feb 2023RentedRenewal
AED 100,000/yr12 months · AED 84 per sqft
25 Feb 2022RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
1 Nov 2021RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
1 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
1 Oct 2019RentedRenewal
AED 90,000/yr12 months · AED 75 per sqft
1 Oct 2018RentedNew contract
AED 105,000/yr12 months · AED 88 per sqft
27 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 25 February 2023.

Key facts

Type
1-bed apartment
Size
1,199 sqft
Floor
2nd of 37
Parking
417
Developer
Emaar
Completed
2023
Service charge
AED 17,600 /yr
Last sold
AED 678K · July 2008

About 202, Al Mesk Tower

202 is a one-bedroom apartment of 1,199 sqft on the 2nd floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. The developer sold it on 9 July 2008 for AED 678,000, or AED 565 per sqft, 16% below the AED 669 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 25 February 2023, is AED 100,000 a year: a gross yield of 14.8% on the 2008 price, before the service charge of about AED 17,600 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical one-bed in Al Mesk Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,155,000; 2009 AED 873,000; 2010 AED 817,000; 2011 AED 1,300,750; 2012 AED 1,254,500; 2013 AED 2,225,000; 2014 AED 2,525,000; 2015 AED 2,200,000; 2016 AED 1,500,000; 2017 AED 2,050,000; 2018 AED 1,850,000; 2019 AED 1,625,000; 2023 AED 2,550,000; 2024 AED 1,891,569; 2025 AED 2,567,500Sold by developer, July 2008: AED 678,000 (AED 565 per sqft)

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

Rents
Unit 202, each contractTypical one-bed in Al Mesk Tower
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 125,000; 2014 AED 135,000; 2015 AED 142,500; 2016 AED 142,500; 2017 AED 137,000; 2018 AED 121,250; 2019 AED 110,000; 2020 AED 95,000; 2021 AED 90,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 131,000; 2026 AED 130,000New contract, February 2015: AED 145,000 a yearRenewal, February 2016: AED 145,000 a yearNew contract, September 2017: AED 115,000 a yearNew contract, October 2018: AED 105,000 a yearRenewal, October 2019: AED 90,000 a yearRenewal, October 2020: AED 80,000 a yearNew contract, November 2021: AED 100,000 a yearNew contract, February 2022: AED 100,000 a yearRenewal, February 2023: AED 100,000 a yearRenewal, February 2023: AED 100,000 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 Mesk Tower, and where 202 sits

All 71 1-beds →

202 last sold in July 2008 at AED 565 per sqft, 16% below what one-beds in Al Mesk Tower were fetching at the time (AED 669). Over the last 12 months one-beds sold for AED 2,550,000 to 3,000,000, around AED 2,048 per sqft, and rent for AED 80,000 to 210,000 a year. 202's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20262,550,000
17 Nov 20253,000,000
9 Jul 20252,300,000
25 Jun 20253,060,000
2 1-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 2nd floor

All 232 units in Al Mesk Tower
Value
2012-bedAED 2.9M · Oct 2016
2034-bedAED 1.74M · Jul 2008
2044-bedAED 2.55M · Oct 2020
2051-bedAED 1.75M · Jan 2017
2062-bedAED 951K · Jun 2010
2071-bedAED 863K · Feb 2009

202, Al Mesk Tower in numbers

  • Sold once: by Emaar on 9 July 2008 for AED 678,000, or AED 565 per sqft.
  • Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 80,000 in 2020 and recovered to AED 100,000 by February 2023.
  • At AED 100,000 a year the gross yield on the 2008 price is 14.8%, before a service charge of about AED 17,600 a year (AED 14.69 per sqft).
  • One-beds in Al Mesk Tower sold for AED 2,550,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,904 per sqft.

Source: Dubai Land Department. Updated 25 February 2023.

Questions about 202, Al Mesk Tower

What did unit 202 last sell for?

AED 678,000 on 9 July 2008, sold by the developer: AED 565 per sqft for 1,199 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 100,000 a year on the contract renewed on 25 February 2023. The previous contract, from February 2023, was AED 100,000; the unit has been rented since February 2015.

How big is unit 202?

1,199 sqft (111.4 sqm): a one-bedroom apartment on the 2nd floor of a 37-storey tower completed in 2023.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Mesk Tower sold for AED 2,550,000 to 3,000,000 in the last 12 months, around AED 2,048 per sqft.

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Mortgage on 202, Al Mesk Tower

Starts from the last sale price (AED 678K, 9 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 678,000
Deposit, UAE resident (20%)
AED 135,600
Deposit, non-resident (40%)
AED 271,200
Monthly over 25 years at 3.7%
AED 2,774

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