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2-bed · 1,509 sqftAl Mesk Tower, Dubai Marina · 28th floor · completed 2023

2805, Al Mesk Tower

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2805 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 1.55M5 November 2008
Current rentAED 145K /yr16 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2805, Al Mesk Tower

What is 2805 worth today?

Last sold for AED 1,550,000 in 2008

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16 May 2024RentedRenewal
AED 145,000/yr12 months · AED 96 per sqft
16 May 2024RentedRenewal
AED 145,000/yr12 months · AED 96 per sqft
16 May 2023RentedRenewal
AED 130,000/yr12 months · AED 86 per sqft
16 May 2022RentedRenewal
AED 115,000/yr12 months · AED 76 per sqft
16 May 2021RentedNew contract
AED 105,000/yr12 months · AED 70 per sqft
8 Apr 2019RentedNew contract
AED 150,000/yr12 months · AED 100 per sqft
5 Nov 2008Sold by developerReady
AED 1,550,000AED 1,027 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
2-bed apartment
Size
1,509 sqft
Floor
28th of 37
Parking
2856
Developer
Emaar
Completed
2023
Service charge
AED 22,200 /yr
Last sold
AED 1.55M · November 2008
Building
Al Mesk Tower

About 2805, Al Mesk Tower

2805 is a two-bedroom apartment of 1,509 sqft on the 28th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. The developer sold it on 5 November 2008 for AED 1,550,000, or AED 1,027 per sqft, 6% above the AED 971 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 16 May 2024, is AED 145,000 a year: a gross yield of 9.3% on the 2008 price, before the service charge of about AED 22,200 a year.

Sales and rents for 2805 over time

Sales
Unit 2805, 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, November 2008: AED 1,550,000 (AED 1,027 per sqft)

2805 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2805, 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, April 2019: AED 150,000 a yearNew contract, May 2021: AED 105,000 a yearRenewal, May 2022: AED 115,000 a yearRenewal, May 2023: AED 130,000 a yearRenewal, May 2024: AED 145,000 a yearRenewal, May 2024: AED 145,000 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 2805 sits

All 65 2-beds →

2805 last sold in November 2008 at AED 1,027 per sqft, 6% above what two-beds in Al Mesk Tower were fetching at the time (AED 971). 2805's AED 145,000 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 28th floor

All 232 units in Al Mesk Tower
Value
28013-bedAED 4.05M · Feb 2018
28022-bedAED 158K · Feb 2019
28033-bedAED 3.3M · Jun 2017
28043-bedAED 5.5M · Oct 2015
28063-bedAED 5.66M · Jun 2013

2805, Al Mesk Tower in numbers

  • Sold once: by Emaar on 5 November 2008 for AED 1,550,000, or AED 1,027 per sqft.
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 105,000 in 2021 and recovered to AED 145,000 by May 2024.
  • At AED 145,000 a year the gross yield on the 2008 price is 9.3%, before a service charge of about AED 22,200 a year (AED 14.69 per sqft).

Source: Dubai Land Department. Updated 16 May 2024.

Questions about 2805, Al Mesk Tower

What did unit 2805 last sell for?

AED 1,550,000 on 5 November 2008, sold by the developer: AED 1,027 per sqft for 1,509 sqft. It is the only registered sale of the unit.

What is the rent for unit 2805?

AED 145,000 a year on the contract renewed on 16 May 2024. The previous contract, from May 2024, was AED 145,000; the unit has been rented since April 2019.

How big is unit 2805?

1,509 sqft (140.2 sqm): a two-bedroom apartment on the 28th floor of a 37-storey tower completed in 2023.

What is unit 2805 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 2805, Al Mesk Tower

Starts from the last sale price (AED 1.55M, 5 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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