4-bed · 4,077 sqftAl Mesk Tower, Dubai Marina · 32nd floor · completed 2023

3203, Al Mesk Tower

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 27 April 2022
Last soldAED 5.1M9 March 2022
Current rentAED 348K /yr27 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Al Mesk Tower

What is 3203 worth today?

Last sold for AED 5,100,000 in 2022

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27 Apr 2022RentedNew contract
AED 348,000/yr12 months · AED 85 per sqft
9 Mar 2022SoldReady
AED 5,100,000AED 1,250 per sqft
15 Sep 2018RentedRenewal
AED 295,000/yr12 months · AED 72 per sqft
15 Sep 2017RentedNew contract
AED 310,000/yr12 months · AED 76 per sqft
16 Aug 2016RentedRenewal
AED 350,000/yr12 months · AED 86 per sqft
16 Aug 2015RentedNew contract
AED 350,000/yr12 months · AED 86 per sqft
6 Apr 2010SoldReady
AED 4,944,000AED 1,212 per sqft
27 Aug 2008Sold by developerReady
AED 3,778,125AED 926 per sqft

Source: Dubai Land Department. Updated 27 April 2022.

Key facts

Type
4-bed apartment
Size
4,077 sqft
Floor
32nd of 37
Parking
635 , 636
Developer
Emaar
Completed
2023
Service charge
AED 59,900 /yr
Last sold
AED 5.1M · March 2022

About 3203, Al Mesk Tower

3203 is a four-bedroom apartment of 4,077 sqft on the 32nd floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. It last sold on 9 March 2022 for AED 5,100,000, or AED 1,250 per sqft, in line with the AED 1,250 four-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 27 April 2022, is AED 348,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 59,900 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, each saleTypical four-bed in Al Mesk Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,175,425; 2009 AED 1,913,000; 2010 AED 1,936,000; 2011 AED 2,828,000; 2012 AED 3,793,000; 2013 AED 3,650,000; 2014 AED 5,605,000; 2015 AED 2,000,000; 2020 AED 2,550,000; 2021 AED 3,687,500; 2023 AED 4,405,000; 2024 AED 5,362,500; 2025 AED 5,820,836Sold by developer, August 2008: AED 3,778,125 (AED 926 per sqft)Sold, April 2010: AED 4,944,000 (AED 1,212 per sqft)Sold, March 2022: AED 5,100,000 (AED 1,250 per sqft)

3203 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3203, each contractTypical four-bed in Al Mesk Tower
200K300K2012201620202024Typical rent by year: 2012 AED 240,000; 2013 AED 250,000; 2014 AED 270,000; 2015 AED 280,000; 2016 AED 264,250; 2017 AED 240,000; 2018 AED 225,000; 2019 AED 196,000; 2020 AED 180,000; 2021 AED 180,000; 2022 AED 207,000; 2023 AED 230,000; 2024 AED 265,000; 2025 AED 305,000; 2026 AED 304,000New contract, August 2015: AED 350,000 a yearRenewal, August 2016: AED 350,000 a yearNew contract, September 2017: AED 310,000 a yearRenewal, September 2018: AED 295,000 a yearNew contract, April 2022: AED 348,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Al Mesk Tower, and where 3203 sits

All 54 4-beds →

3203 last sold in March 2022 at AED 1,250 per sqft, in line with what four-beds in Al Mesk Tower were fetching at the time (AED 1,250). Over the last 12 months four-beds sold for AED 1,525,705 to 5,400,000, around AED 1,850 per sqft, and rent for AED 242,000 to 420,000 a year. 3203's AED 348,000 is in the upper half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
7 Jul 20265,400,000
30 Jun 20265,367,506
18 Nov 20251,525,705
14 Aug 20255,820,836
3 4-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 32nd floor

All 232 units in Al Mesk Tower
Value
32015-bedAED 8.3M · Apr 2018
32024-bedAED 6.72M · Mar 2023

3203, Al Mesk Tower in numbers

  • Sold 3 times: first on 27 August 2008 for AED 3,778,125, last on 9 March 2022 for AED 5,100,000 (AED 1,250 per sqft).
  • Rented since August 2015 on 5 Ejari contracts. The rent fell from AED 350,000 to AED 295,000 in 2018 and recovered to AED 348,000 by April 2022.
  • At AED 348,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 59,900 a year (AED 14.69 per sqft).
  • Four-beds in Al Mesk Tower sold for AED 1,525,705–5,400,000 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 April 2022.

Questions about 3203, Al Mesk Tower

What did unit 3203 last sell for?

AED 5,100,000 on 9 March 2022: AED 1,250 per sqft for 4,077 sqft. The unit has 3 registered sales; the first was AED 3,778,125 in August 2008.

What is the rent for unit 3203?

AED 348,000 a year on the contract signed on 27 April 2022. The previous contract, from September 2018, was AED 295,000; the unit has been rented since August 2015.

How big is unit 3203?

4,077 sqft (378.8 sqm): a four-bedroom apartment on the 32nd floor of a 37-storey tower completed in 2023.

What is unit 3203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Al Mesk Tower sold for AED 1,525,705 to 5,400,000 in the last 12 months, around AED 1,850 per sqft.

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Mortgage on 3203, Al Mesk Tower

Starts from the last sale price (AED 5.1M, 9 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

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