3-bed · 4,581 sqftAl Mesk Tower, Dubai Marina · 36th floor · completed 2023

3602, Al Mesk Tower

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3602 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 5.3M24 June 2022
Current rentAED 285K /yr1 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3602, Al Mesk Tower

What is 3602 worth today?

Last sold for AED 5,300,000 in 2022

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24 Jun 2022SoldReady
AED 5,300,000AED 1,156 per sqft
1 Jul 2018RentedRenewal
AED 285,000/yr12 months · AED 62 per sqft
1 Jul 2017RentedRenewal
AED 300,000/yr12 months · AED 65 per sqft
1 Jul 2016RentedRenewal
AED 300,000/yr12 months · AED 65 per sqft
1 Jul 2015RentedNew contract
AED 300,000/yr12 months · AED 65 per sqft
9 Dec 2014SoldReady
AED 6,147,600AED 1,341 per sqft
15 May 2013RentedNew contract
AED 280,000/yr12 months · AED 61 per sqft
13 Feb 2011SoldReady
AED 3,486,500AED 761 per sqft

Source: Dubai Land Department. Updated 24 June 2022.

Key facts

Type
3-bed apartment
Size
4,581 sqft
Floor
36th of 37
Parking
614 , 617
Developer
Emaar
Completed
2023
Service charge
AED 67,300 /yr
Last sold
AED 5.3M · June 2022

About 3602, Al Mesk Tower

3602 is a three-bedroom apartment of 4,581 sqft on the 36th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. It last sold on 24 June 2022 for AED 5,300,000, or AED 1,156 per sqft, 5% below the AED 1,222 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 July 2018, is AED 285,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 67,300 a year.

Sales and rents for 3602 over time

Sales
Unit 3602, 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 3,879,000 (AED 846 per sqft)Sold, February 2011: AED 3,486,500 (AED 761 per sqft)Sold, December 2014: AED 6,147,600 (AED 1,341 per sqft)Sold, June 2022: AED 5,300,000 (AED 1,156 per sqft)

3602 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3602, each contractTypical three-bed in Al Mesk Tower
200K300K2012201620202024Typical 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, May 2013: AED 280,000 a yearNew contract, July 2015: AED 300,000 a yearRenewal, July 2016: AED 300,000 a yearRenewal, July 2017: AED 300,000 a yearRenewal, July 2018: AED 285,000 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 3602 sits

All 37 3-beds →

3602 last sold in June 2022 at AED 1,156 per sqft, 5% below 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. 3602's AED 285,000 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 36th floor

All 232 units in Al Mesk Tower
Value
36013-bedAED 8.9M · Jan 2024
36033-bedAED 3.83M · Sep 2009
36043-bedAED 6M · Dec 2011

3602, Al Mesk Tower in numbers

  • Sold 4 times: first on 11 May 2010 for AED 3,879,000, last on 24 June 2022 for AED 5,300,000 (AED 1,156 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 280,000 to AED 285,000 a year.
  • At AED 285,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 67,300 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 24 June 2022.

Questions about 3602, Al Mesk Tower

What did unit 3602 last sell for?

AED 5,300,000 on 24 June 2022: AED 1,156 per sqft for 4,581 sqft. The unit has 4 registered sales; the first was AED 3,879,000 in May 2010.

What is the rent for unit 3602?

AED 285,000 a year on the contract renewed on 1 July 2018. The previous contract, from July 2017, was AED 300,000; the unit has been rented since May 2013.

How big is unit 3602?

4,581 sqft (425.6 sqm): a three-bedroom apartment on the 36th floor of a 37-storey tower completed in 2023.

What is unit 3602 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 3602, Al Mesk Tower

Starts from the last sale price (AED 5.3M, 24 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

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