1-bed · 1,190 sqftAl Mesk Tower, Dubai Marina · 9th floor · completed 2023

902, Al Mesk Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 806K28 June 2010
Current rentAED 130K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Al Mesk Tower

What is 902 worth today?

Last sold for AED 806,000 in 2010

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15 Mar 2024RentedNew contract
AED 130,000/yr12 months · AED 109 per sqft
15 Mar 2024RentedNew contract
AED 130,000/yr12 months · AED 109 per sqft
6 Jul 2023RentedRenewal
AED 132,000/yr12 months · AED 110 per sqft
6 Jul 2022RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
1 Jan 2013RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
28 Jun 2010Sold by developerReady
AED 806,000AED 677 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
1-bed apartment
Size
1,190 sqft
Floor
9th of 37
Parking
569
Developer
Emaar
Completed
2023
Service charge
AED 17,500 /yr
Last sold
AED 806K · June 2010

About 902, Al Mesk Tower

902 is a one-bedroom apartment of 1,190 sqft on the 9th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. The developer sold it on 28 June 2010 for AED 806,000, or AED 677 per sqft, 7% below the AED 729 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 March 2024, is AED 130,000 a year: a gross yield of 16.1% on the 2010 price, before the service charge of about AED 17,500 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical one-bed in Al Mesk Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,155,000; 2009 AED 873,000; 2010 AED 817,000; 2011 AED 1,300,750; 2012 AED 1,254,500; 2013 AED 2,225,000; 2014 AED 2,525,000; 2015 AED 2,200,000; 2016 AED 1,500,000; 2017 AED 2,050,000; 2018 AED 1,850,000; 2019 AED 1,625,000; 2023 AED 2,550,000; 2024 AED 1,891,569; 2025 AED 2,567,500Sold by developer, June 2010: AED 806,000 (AED 677 per sqft)

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

Rents
Unit 902, each contractTypical one-bed in Al Mesk Tower
100K125K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 125,000; 2014 AED 135,000; 2015 AED 142,500; 2016 AED 142,500; 2017 AED 137,000; 2018 AED 121,250; 2019 AED 110,000; 2020 AED 95,000; 2021 AED 90,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 131,000; 2026 AED 130,000New contract, January 2013: AED 120,000 a yearNew contract, July 2022: AED 120,000 a yearRenewal, July 2023: AED 132,000 a yearNew contract, March 2024: AED 130,000 a yearNew contract, March 2024: AED 130,000 a year

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

1-beds in Al Mesk Tower, and where 902 sits

All 71 1-beds →

902 last sold in June 2010 at AED 677 per sqft, 7% below what one-beds in Al Mesk Tower were fetching at the time (AED 729). Over the last 12 months one-beds sold for AED 2,550,000 to 3,000,000, around AED 2,048 per sqft, and rent for AED 80,000 to 210,000 a year. 902's AED 130,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20262,550,000
17 Nov 20253,000,000
9 Jul 20252,300,000
25 Jun 20253,060,000
2 1-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 9th floor

All 232 units in Al Mesk Tower
Value
9012-bedAED 3.15M · Mar 2018
9034-bedAED 1.9M · Dec 2015
9044-bedAED 2M · Dec 2015
9051-bedAED 755K · Feb 2010
9062-bedAED 2.25M · Feb 2012
9071-bedAED 2.3M · Apr 2018

902, Al Mesk Tower in numbers

  • Sold once: by Emaar on 28 June 2010 for AED 806,000, or AED 677 per sqft.
  • Rented since January 2013 on 5 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2010 price is 16.1%, before a service charge of about AED 17,500 a year (AED 14.69 per sqft).
  • One-beds in Al Mesk Tower sold for AED 2,550,000–3,000,000 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 15 March 2024.

Questions about 902, Al Mesk Tower

What did unit 902 last sell for?

AED 806,000 on 28 June 2010, sold by the developer: AED 677 per sqft for 1,190 sqft. It is the only registered sale of the unit.

What is the rent for unit 902?

AED 130,000 a year on the contract signed on 15 March 2024. The previous contract, from March 2024, was AED 130,000; the unit has been rented since January 2013.

How big is unit 902?

1,190 sqft (110.6 sqm): a one-bedroom apartment on the 9th floor of a 37-storey tower completed in 2023.

What is unit 902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Mesk Tower sold for AED 2,550,000 to 3,000,000 in the last 12 months, around AED 2,048 per sqft.

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Mortgage on 902, Al Mesk Tower

Starts from the last sale price (AED 806K, 28 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 806,000
Deposit, UAE resident (20%)
AED 161,200
Deposit, non-resident (40%)
AED 322,400
Monthly over 25 years at 3.7%
AED 3,298

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