2-bed · 1,509 sqftAl Mesk Tower, Dubai Marina · 29th floor · completed 2023

2905, Al Mesk Tower

Sold prices and rental history: sold twice, last in December 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2905 · DLD and Ejari recordsUpdated 6 January 2022
Last soldAED 1.3M21 December 2009
Current rentAED 150K /yr6 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2905, Al Mesk Tower

What is 2905 worth today?

Last sold for AED 1,298,888 in 2009

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6 Jan 2022RentedRenewal
AED 150,000/yr12 months · AED 100 per sqft
6 Jan 2021RentedRenewal
AED 140,000/yr12 months · AED 93 per sqft
6 Jan 2020RentedRenewal
AED 152,000/yr12 months · AED 101 per sqft
6 Jan 2019RentedRenewal
AED 160,000/yr12 months · AED 106 per sqft
6 Jan 2018RentedRenewal
AED 160,000/yr12 months · AED 106 per sqft
6 Jan 2017RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
21 Dec 2009Sold by developerReady
AED 1,298,888AED 860 per sqft
21 Dec 2009SoldReady
AED 1,875,000AED 1,242 per sqft

Source: Dubai Land Department. Updated 6 January 2022.

Key facts

Type
2-bed apartment
Size
1,509 sqft
Floor
29th of 37
Parking
2703
Developer
Emaar
Completed
2023
Service charge
AED 22,200 /yr
Last sold
AED 1.3M · December 2009

About 2905, Al Mesk Tower

2905 is a two-bedroom apartment of 1,509 sqft on the 29th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. The developer sold it on 21 December 2009 for AED 1,298,888, or AED 860 per sqft, in line with the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 6 January 2022, is AED 150,000 a year: a gross yield of 11.6% on the 2009 price, before the service charge of about AED 22,200 a year.

Sales and rents for 2905 over time

Sales
Unit 2905, 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, December 2009: AED 1,298,888 (AED 860 per sqft)Sold, December 2009: AED 1,875,000 (AED 1,242 per sqft)

2905 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2905, 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, January 2017: AED 165,000 a yearRenewal, January 2018: AED 160,000 a yearRenewal, January 2019: AED 160,000 a yearRenewal, January 2020: AED 152,000 a yearRenewal, January 2021: AED 140,000 a yearRenewal, January 2022: AED 150,000 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 2905 sits

All 65 2-beds →

2905 last sold in December 2009 at AED 860 per sqft, in line with what two-beds in Al Mesk Tower were fetching at the time (AED 874). 2905's AED 150,000 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 29th floor

All 232 units in Al Mesk Tower
Value
29013-bedAED 4.65M · Mar 2018
29022-bedAED 2.55M · Dec 2017
29033-bedAED 3.33M · Nov 2022
29043-bedAED 3.08M · Nov 2021
29063-bedAED 4.41M · Feb 2013

2905, Al Mesk Tower in numbers

  • Sold twice: first on 21 December 2009 for AED 1,875,000, last on 21 December 2009 for AED 1,298,888 (AED 860 per sqft).
  • Rented since January 2017 on 6 Ejari contracts, from AED 165,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2009 price is 11.6%, before a service charge of about AED 22,200 a year (AED 14.69 per sqft).

Source: Dubai Land Department. Updated 6 January 2022.

Questions about 2905, Al Mesk Tower

What did unit 2905 last sell for?

AED 1,298,888 on 21 December 2009, sold by the developer: AED 860 per sqft for 1,509 sqft. The unit has 2 registered sales; the first was AED 1,875,000 in December 2009.

What is the rent for unit 2905?

AED 150,000 a year on the contract renewed on 6 January 2022. The previous contract, from January 2021, was AED 140,000; the unit has been rented since January 2017.

How big is unit 2905?

1,509 sqft (140.2 sqm): a two-bedroom apartment on the 29th floor of a 37-storey tower completed in 2023.

What is unit 2905 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 2905, Al Mesk Tower

Starts from the last sale price (AED 1.3M, 21 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,298,888
Deposit, UAE resident (20%)
AED 259,778
Deposit, non-resident (40%)
AED 519,555
Monthly over 25 years at 3.7%
AED 5,314

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