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2-bed · 1,588 sqftAl Sahab 2, Dubai Marina · 23rd floor · completed 2006

2303, Al Sahab 2

Sold prices and rental history: sold 3 times, last in September 2021, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 16 September 2021
Last soldAED 2M16 September 2021
Current rentAED 147K /yr8 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2303, Al Sahab 2

What is 2303 worth today?

Last sold for AED 2,000,000 in 2021

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16 Sep 2021SoldReady
AED 2,000,000AED 1,259 per sqft
8 Jul 2017RentedRenewal
AED 147,000/yr12 months · AED 92 per sqft
8 Jul 2016RentedRenewal
AED 147,000/yr12 months · AED 92 per sqft
8 Jul 2015RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
11 Dec 2012SoldReady
AED 2,000,000AED 1,259 per sqft
10 Aug 2010Sold by developerReady
AED 1,430,000AED 900 per sqft

Source: Dubai Land Department. Updated 16 September 2021.

Key facts

Type
2-bed apartment
Size
1,588 sqft
Floor
23rd of 43
Parking
166
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 2M · September 2021
Building
Al Sahab 2

About 2303, Al Sahab 2

2303 is a two-bedroom apartment of 1,588 sqft on the 23rd floor of Al Sahab 2, a 43-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 16 September 2021 for AED 2,000,000, or AED 1,259 per sqft, 22% above the AED 1,036 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 8 July 2017, is AED 147,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 27,900 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, 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, August 2010: AED 1,430,000 (AED 900 per sqft)Sold, December 2012: AED 2,000,000 (AED 1,259 per sqft)Sold, September 2021: AED 2,000,000 (AED 1,259 per sqft)

2303 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2303, 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, July 2015: AED 140,000 a yearRenewal, July 2016: AED 147,000 a yearRenewal, July 2017: AED 147,000 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 2303 sits

All 111 2-beds →

2303 last sold in September 2021 at AED 1,259 per sqft, 22% above what two-beds in Al Sahab 2 were fetching at the time (AED 1,036). 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. 2303's AED 147,000 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 23rd floor

All 227 units in Al Sahab 2
Value
23021-bedAED 830K · Mar 2011
23043-bedAED 1.69M · Oct 2009
23051-bedAED 1.07M · May 2008
23062-bedAED 2.2M · May 2024
2301A2-bedAED 2.65M · Oct 2023

2303, Al Sahab 2 in numbers

  • Sold 3 times: first on 10 August 2010 for AED 1,430,000, last on 16 September 2021 for AED 2,000,000 (AED 1,259 per sqft).
  • Rented since July 2015 on 3 Ejari contracts, from AED 140,000 to AED 147,000 a year.
  • At AED 147,000 a year the gross yield on the 2021 price is 7.3%, 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 16 September 2021.

Questions about 2303, Al Sahab 2

What did unit 2303 last sell for?

AED 2,000,000 on 16 September 2021: AED 1,259 per sqft for 1,588 sqft. The unit has 3 registered sales; the first was AED 1,430,000 in August 2010.

What is the rent for unit 2303?

AED 147,000 a year on the contract renewed on 8 July 2017. The previous contract, from July 2016, was AED 147,000; the unit has been rented since July 2015.

How big is unit 2303?

1,588 sqft (147.5 sqm): a two-bedroom apartment on the 23rd floor of a 43-storey tower completed in 2006.

What is unit 2303 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 2303, Al Sahab 2

Starts from the last sale price (AED 2M, 16 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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