2-bed · 1,588 sqftAl Sahab 2, Dubai Marina · 12th floor · completed 2006

1203, Al Sahab 2

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 640K6 May 2014
Current rentAED 110K /yr30 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Al Sahab 2

What is 1203 worth today?

Last sold for AED 640,000 in 2014

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30 Apr 2024RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
30 Apr 2024RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
30 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 69 per sqft
30 Apr 2022RentedNew contract
AED 110,000/yr12 months · AED 69 per sqft
30 Apr 2021RentedRenewal
AED 110,000/yr12 months · AED 69 per sqft
30 Apr 2020RentedRenewal
AED 110,000/yr12 months · AED 69 per sqft
30 Apr 2019RentedRenewal
AED 120,000/yr12 months · AED 75 per sqft
30 Apr 2018RentedRenewal
AED 147,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
2-bed apartment
Size
1,588 sqft
Floor
12th of 43
Parking
116
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 640K · May 2014
Building
Al Sahab 2

About 1203, Al Sahab 2

1203 is a two-bedroom apartment of 1,588 sqft on the 12th floor of Al Sahab 2, a 43-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 6 May 2014 for AED 640,000, or AED 403 per sqft, 72% below the AED 1,465 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 30 April 2024, is AED 110,000 a year: a gross yield of 17.2% on the 2014 price, before the service charge of about AED 27,900 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Al Sahab 2
1M2M3M2007201220172022Typical sale price by year: 2007 AED 567,650; 2008 AED 1,318,900; 2009 AED 1,115,800; 2010 AED 1,232,000; 2011 AED 1,148,800; 2012 AED 1,700,000; 2013 AED 2,075,000; 2014 AED 1,400,000; 2015 AED 2,100,000; 2016 AED 1,900,000; 2017 AED 2,150,000; 2018 AED 1,750,000; 2019 AED 1,862,500; 2020 AED 1,360,000; 2021 AED 1,800,000; 2022 AED 2,000,000; 2023 AED 2,450,000; 2024 AED 2,532,500; 2025 AED 2,737,500Sold by developer, May 2014: AED 640,000 (AED 403 per sqft)

1203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Al Sahab 2
100K125K150K2012201620202024Typical rent by year: 2012 AED 131,500; 2013 AED 135,000; 2014 AED 150,000; 2015 AED 149,180; 2016 AED 148,500; 2017 AED 140,810; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 97,500; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 130,000; 2024 AED 148,500; 2025 AED 148,500; 2026 AED 150,000New contract, April 2015: AED 147,000 a yearRenewal, April 2016: AED 147,000 a yearRenewal, April 2017: AED 147,000 a yearRenewal, April 2018: AED 147,000 a yearRenewal, April 2019: AED 120,000 a yearRenewal, April 2020: AED 110,000 a yearRenewal, April 2021: AED 110,000 a yearNew contract, April 2022: AED 110,000 a yearRenewal, April 2024: AED 110,000 a yearRenewal, April 2024: AED 110,000 a yearNew contract, April 2024: AED 110,000 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 Sahab 2, and where 1203 sits

All 111 2-beds →

1203 last sold in May 2014 at AED 403 per sqft, 72% below what two-beds in Al Sahab 2 were fetching at the time (AED 1,465). Over the last 12 months two-beds sold for AED 2,600,000 to 3,400,000, around AED 1,984 per sqft, and rent for AED 108,000 to 230,000 a year. 1203's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 20262,600,000
30 Apr 20263,200,000
17 Nov 20253,400,000
13 Nov 20253,100,000
4 2-bed sales in the last 12 months

Al Sahab 2

Building

227 apartments, 1-bed to 3-bed over 43 floors in Dubai Marina, completed in 2006 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,984
Typical sale
AED 3.15M
Typical rent
AED 140K /yr
Typical yield
5.6%
Al Sahab 2, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 227 units in Al Sahab 2
Value
12021-bedAED 742K · Aug 2010
12043-bedAED 2.78M · Jun 2017
12051-bedAED 810K · Feb 2009
12062-bedAED 1.36M · Jun 2020
1201B2-bedAED 2M · Mar 2022

1203, Al Sahab 2 in numbers

  • Sold once: by Emaar on 6 May 2014 for AED 640,000, or AED 403 per sqft.
  • Rented since April 2015 on 11 Ejari contracts, from AED 147,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2014 price is 17.2%, before a service charge of about AED 27,900 a year (AED 17.58 per sqft).
  • Two-beds in Al Sahab 2 sold for AED 2,600,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,984 per sqft.

Source: Dubai Land Department. Updated 30 April 2024.

Questions about 1203, Al Sahab 2

What did unit 1203 last sell for?

AED 640,000 on 6 May 2014, sold by the developer: AED 403 per sqft for 1,588 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 110,000 a year on the contract renewed on 30 April 2024. The previous contract, from April 2024, was AED 110,000; the unit has been rented since April 2015.

How big is unit 1203?

1,588 sqft (147.5 sqm): a two-bedroom apartment on the 12th floor of a 43-storey tower completed in 2006.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Sahab 2 sold for AED 2,600,000 to 3,400,000 in the last 12 months, around AED 1,984 per sqft.

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Mortgage on 1203, Al Sahab 2

Starts from the last sale price (AED 640K, 6 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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