3-bed · 2,356 sqftAl Mesk Tower, Dubai Marina · 29th floor · completed 2023

2901, Al Mesk Tower

Sold prices and rental history: sold twice, last in March 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 27 October 2022
Last soldAED 4.65M25 March 2018
Current rentAED 235K /yr27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Al Mesk Tower

What is 2901 worth today?

Last sold for AED 4,650,000 in 2018

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27 Oct 2022RentedNew contract
AED 235,000/yr12 months · AED 100 per sqft
27 Oct 2021RentedNew contract
AED 230,000/yr12 months · AED 98 per sqft
1 Sep 2020RentedRenewal
AED 233,041/yr11 months · AED 99 per sqft
1 Sep 2019RentedRenewal
AED 235,000/yr12 months · AED 100 per sqft
1 Sep 2018RentedNew contract
AED 242,250/yr12 months · AED 103 per sqft
25 Mar 2018SoldReady
AED 4,650,000AED 1,973 per sqft
1 Sep 2017RentedNew contract
AED 255,000/yr12 months · AED 108 per sqft
5 May 2010Sold by developerReady
AED 3,435,500AED 1,458 per sqft

Source: Dubai Land Department. Updated 27 October 2022.

Key facts

Type
3-bed apartment
Size
2,356 sqft
Floor
29th of 37
Parking
2699 , 2700
Developer
Emaar
Completed
2023
Service charge
AED 34,600 /yr
Last sold
AED 4.65M · March 2018

About 2901, Al Mesk Tower

2901 is a three-bedroom apartment of 2,356 sqft on the 29th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. It last sold on 25 March 2018 for AED 4,650,000, or AED 1,973 per sqft, 15% above the AED 1,719 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 27 October 2022, is AED 235,000 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 34,600 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, May 2010: AED 3,435,500 (AED 1,458 per sqft)Sold, March 2018: AED 4,650,000 (AED 1,973 per sqft)

2901 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2901, 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 2017: AED 255,000 a yearNew contract, September 2018: AED 242,250 a yearRenewal, September 2019: AED 235,000 a yearRenewal, September 2020: AED 233,041 a yearNew contract, October 2021: AED 230,000 a yearNew contract, October 2022: AED 235,000 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 2901 sits

All 37 3-beds →

2901 last sold in March 2018 at AED 1,973 per sqft, 15% above what three-beds in Al Mesk Tower were fetching at the time (AED 1,719). 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. 2901's AED 235,000 is in the lower half 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 29th floor

All 232 units in Al Mesk Tower
Value
29022-bedAED 2.55M · Dec 2017
29033-bedAED 3.33M · Nov 2022
29043-bedAED 3.08M · Nov 2021
29052-bedAED 1.88M · Dec 2009
29063-bedAED 4.41M · Feb 2013

2901, Al Mesk Tower in numbers

  • Sold twice: first on 5 May 2010 for AED 3,435,500, last on 25 March 2018 for AED 4,650,000 (AED 1,973 per sqft).
  • Rented since September 2017 on 6 Ejari contracts, from AED 255,000 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2018 price is 5.1%, before a service charge of about AED 34,600 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 27 October 2022.

Questions about 2901, Al Mesk Tower

What did unit 2901 last sell for?

AED 4,650,000 on 25 March 2018: AED 1,973 per sqft for 2,356 sqft. The unit has 2 registered sales; the first was AED 3,435,500 in May 2010.

What is the rent for unit 2901?

AED 235,000 a year on the contract signed on 27 October 2022. The previous contract, from October 2021, was AED 230,000; the unit has been rented since September 2017.

How big is unit 2901?

2,356 sqft (218.9 sqm): a three-bedroom apartment on the 29th floor of a 37-storey tower completed in 2023.

What is unit 2901 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 2901, Al Mesk Tower

Starts from the last sale price (AED 4.65M, 25 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,650,000
Deposit, UAE resident (20%)
AED 930,000
Deposit, non-resident (40%)
AED 1,860,000
Monthly over 25 years at 3.7%
AED 19,025

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