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2-bed · 1,698 sqftAl Mesk Tower, Dubai Marina · 2nd floor · completed 2023

206, Al Mesk Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 5 August 2017
Last soldAED 951K14 June 2010
Current rentAED 180K /yr5 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Al Mesk Tower

What is 206 worth today?

Last sold for AED 951,000 in 2010

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5 Aug 2017RentedRenewal
AED 180,000/yr12 months · AED 106 per sqft
5 Aug 2016RentedRenewal
AED 180,000/yr12 months · AED 106 per sqft
5 Aug 2015RentedNew contract
AED 180,000/yr12 months · AED 106 per sqft
5 Aug 2014RentedNew contract
AED 180,000/yr12 months · AED 106 per sqft
23 Dec 2013RentedNew contract
AED 150,000/yr7 months · AED 88 per sqft
14 Jun 2010Sold by developerReady
AED 951,000AED 560 per sqft

Source: Dubai Land Department. Updated 5 August 2017.

Key facts

Type
2-bed apartment
Size
1,698 sqft
Floor
2nd of 37
Parking
437
Developer
Emaar
Completed
2023
Service charge
AED 24,900 /yr
Last sold
AED 951K · June 2010
Building
Al Mesk Tower

About 206, Al Mesk Tower

206 is a two-bedroom apartment of 1,698 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 14 June 2010 for AED 951,000, or AED 560 per sqft, 32% below the AED 824 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 5 August 2017, is AED 180,000 a year: a gross yield of 18.9% on the 2010 price, before the service charge of about AED 24,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Al Mesk Tower
2M4M2008201320182023Typical 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, June 2010: AED 951,000 (AED 560 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in Al Mesk Tower
150K200K2012201620202024Typical 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, December 2013: AED 150,000 a yearNew contract, August 2014: AED 180,000 a yearNew contract, August 2015: AED 180,000 a yearRenewal, August 2016: AED 180,000 a yearRenewal, August 2017: AED 180,000 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 206 sits

All 65 2-beds →

206 last sold in June 2010 at AED 560 per sqft, 32% below what two-beds in Al Mesk Tower were fetching at the time (AED 824). 206's AED 180,000 is in the lower half 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 2nd floor

All 232 units in Al Mesk Tower
Value
2012-bedAED 2.9M · Oct 2016
2021-bedAED 678K · Jul 2008
2034-bedAED 1.74M · Jul 2008
2044-bedAED 2.55M · Oct 2020
2051-bedAED 1.75M · Jan 2017
2071-bedAED 863K · Feb 2009

206, Al Mesk Tower in numbers

  • Sold once: by Emaar on 14 June 2010 for AED 951,000, or AED 560 per sqft.
  • Rented since December 2013 on 5 Ejari contracts, from AED 150,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2010 price is 18.9%, before a service charge of about AED 24,900 a year (AED 14.69 per sqft).

Source: Dubai Land Department. Updated 5 August 2017.

Questions about 206, Al Mesk Tower

What did unit 206 last sell for?

AED 951,000 on 14 June 2010, sold by the developer: AED 560 per sqft for 1,698 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 180,000 a year on the contract renewed on 5 August 2017. The previous contract, from August 2016, was AED 180,000; the unit has been rented since December 2013.

How big is unit 206?

1,698 sqft (157.7 sqm): a two-bedroom apartment on the 2nd floor of a 37-storey tower completed in 2023.

What is unit 206 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 206, Al Mesk Tower

Starts from the last sale price (AED 951K, 14 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 951,000
Deposit, UAE resident (20%)
AED 190,200
Deposit, non-resident (40%)
AED 380,400
Monthly over 25 years at 3.7%
AED 3,891

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