3-bed · 2,516 sqftAl Mesk Tower, Dubai Marina · 25th floor · completed 2023

2503, Al Mesk Tower

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 3.2M31 May 2022
Current rentAED 180K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Al Mesk Tower

What is 2503 worth today?

Last sold for AED 3,200,000 in 2022

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1 Sep 2022RentedNew contract
AED 180,000/yr9 months · AED 71 per sqft
31 May 2022SoldReady
AED 3,200,000AED 1,271 per sqft
1 Sep 2021RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft
1 Sep 2020RentedRenewal
AED 160,000/yr12 months · AED 64 per sqft
1 Sep 2019RentedRenewal
AED 165,000/yr12 months · AED 66 per sqft
1 Sep 2018RentedNew contract
AED 185,000/yr12 months · AED 73 per sqft
1 Jun 2017RentedRenewal
AED 195,000/yr12 months · AED 77 per sqft
1 Jun 2016RentedRenewal
AED 195,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
3-bed apartment
Size
2,516 sqft
Floor
25th of 37
Parking
2738 , 2739
Developer
Emaar
Completed
2023
Service charge
AED 37,000 /yr
Last sold
AED 3.2M · May 2022

About 2503, Al Mesk Tower

2503 is a three-bedroom apartment of 2,516 sqft on the 25th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. It last sold on 31 May 2022 for AED 3,200,000, or AED 1,271 per sqft, 4% above the AED 1,222 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 September 2022, is AED 180,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 37,000 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, each saleTypical three-bed in Al Mesk Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,239,000; 2009 AED 1,864,000; 2010 AED 2,116,175; 2011 AED 3,418,250; 2012 AED 3,747,500; 2013 AED 4,000,000; 2014 AED 5,150,000; 2018 AED 4,050,000; 2020 AED 2,950,000; 2021 AED 2,600,000; 2022 AED 4,125,000; 2024 AED 5,650,000; 2025 AED 5,800,000Sold by developer, June 2010: AED 2,971,000 (AED 1,180 per sqft)Sold, May 2022: AED 3,200,000 (AED 1,271 per sqft)

2503 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2503, each contractTypical three-bed in Al Mesk Tower
200K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 220,000; 2014 AED 240,000; 2015 AED 265,000; 2016 AED 240,000; 2017 AED 250,000; 2018 AED 215,000; 2019 AED 185,000; 2020 AED 152,500; 2021 AED 155,000; 2022 AED 182,500; 2023 AED 240,000; 2024 AED 226,250; 2025 AED 260,000; 2026 AED 250,000New contract, September 2012: AED 168,000 a yearNew contract, September 2013: AED 168,000 a yearNew contract, June 2015: AED 195,000 a yearRenewal, June 2016: AED 195,000 a yearRenewal, June 2017: AED 195,000 a yearNew contract, September 2018: AED 185,000 a yearRenewal, September 2019: AED 165,000 a yearRenewal, September 2020: AED 160,000 a yearNew contract, September 2021: AED 180,000 a yearNew contract, September 2022: AED 180,000 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 Mesk Tower, and where 2503 sits

All 37 3-beds →

2503 last sold in May 2022 at AED 1,271 per sqft, 4% above what three-beds in Al Mesk Tower were fetching at the time (AED 1,222). Over the last 12 months three-beds sold for AED 4,900,000, around AED 1,947 per sqft, and rent for AED 222,857 to 360,000 a year. 2503's AED 180,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Jun 20264,900,000
12 Sep 20257,500,000
18 Jul 20255,600,000
14 Jan 20255,800,000
1 3-bed sale 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 25th floor

All 232 units in Al Mesk Tower
Value
25013-bedAED 3.1M · Jun 2011
25022-bedAED 2.5M · Oct 2008
25043-bedAED 5.15M · Aug 2014
25052-bedAED 1.28M · Jun 2010
25063-bedAED 4.6M · Jun 2023

2503, Al Mesk Tower in numbers

  • Sold twice: first on 14 June 2010 for AED 2,971,000, last on 31 May 2022 for AED 3,200,000 (AED 1,271 per sqft).
  • Rented since September 2012 on 10 Ejari contracts, from AED 168,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 37,000 a year (AED 14.69 per sqft).
  • Three-beds in Al Mesk Tower sold for AED 4,900,000–4,900,000 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 1 September 2022.

Questions about 2503, Al Mesk Tower

What did unit 2503 last sell for?

AED 3,200,000 on 31 May 2022: AED 1,271 per sqft for 2,516 sqft. The unit has 2 registered sales; the first was AED 2,971,000 in June 2010.

What is the rent for unit 2503?

AED 180,000 a year on the contract signed on 1 September 2022. The previous contract, from September 2021, was AED 180,000; the unit has been rented since September 2012.

How big is unit 2503?

2,516 sqft (233.7 sqm): a three-bedroom apartment on the 25th floor of a 37-storey tower completed in 2023.

What is unit 2503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Mesk Tower sold for AED 4,900,000 to 4,900,000 in the last 12 months, around AED 1,947 per sqft.

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Mortgage on 2503, Al Mesk Tower

Starts from the last sale price (AED 3.2M, 31 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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