2-bed · 1,588 sqftAl Sahab 2, Dubai Marina · 28th floor · completed 2006

2803, Al Sahab 2

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 7 July 2024
Last soldAED 1.5M26 April 2009
Current rentAED 165K /yr7 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Al Sahab 2

What is 2803 worth today?

Last sold for AED 1,500,000 in 2009

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7 Jul 2024RentedRenewal
AED 165,000/yr12 months · AED 104 per sqft
7 Jul 2024RentedRenewal
AED 165,460/yr12 months · AED 105 per sqft
7 Jul 2024RentedRenewal
AED 165,460/yr12 months · AED 105 per sqft
7 Jul 2024RentedRenewal
AED 165,000/yr12 months · AED 104 per sqft
7 Jul 2023RentedNew contract
AED 157,000/yr12 months · AED 99 per sqft
3 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 75 per sqft
1 Aug 2021RentedNew contract
AED 115,000/yr12 months · AED 72 per sqft
1 Feb 2020RentedRenewal
AED 122,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 7 July 2024.

Key facts

Type
2-bed apartment
Size
1,588 sqft
Floor
28th of 43
Parking
253
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 1.5M · April 2009
Building
Al Sahab 2

About 2803, Al Sahab 2

2803 is a two-bedroom apartment of 1,588 sqft on the 28th floor of Al Sahab 2, a 43-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 26 April 2009 for AED 1,500,000, or AED 944 per sqft, 6% above the AED 893 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 7 July 2024, is AED 165,000 a year: a gross yield of 11.0% on the 2009 price, before the service charge of about AED 27,900 a year.

Sales and rents for 2803 over time

Sales
Unit 2803, 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, April 2009: AED 1,500,000 (AED 944 per sqft)

2803 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2803, each contractTypical two-bed in Al Sahab 2
100K150K2012201620202024Typical 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, November 2014: AED 180,000 a yearNew contract, January 2016: AED 165,000 a yearNew contract, February 2017: AED 150,000 a yearNew contract, February 2019: AED 135,000 a yearRenewal, February 2020: AED 122,000 a yearNew contract, August 2021: AED 115,000 a yearNew contract, August 2022: AED 120,000 a yearNew contract, July 2023: AED 157,000 a yearRenewal, July 2024: AED 165,000 a yearRenewal, July 2024: AED 165,460 a yearRenewal, July 2024: AED 165,460 a yearRenewal, July 2024: AED 165,000 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 2803 sits

All 111 2-beds →

2803 last sold in April 2009 at AED 944 per sqft, 6% above what two-beds in Al Sahab 2 were fetching at the time (AED 893). 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. 2803's AED 165,000 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 28th floor

All 227 units in Al Sahab 2
Value
28021-bedAED 1.7M · Mar 2023
28043-bedAED 2.6M · Dec 2021
28051-bedAED 1.2M · May 2022
28062-bedAED 1.73M · Nov 2021
2801A2-bedAED 2.18M · Aug 2017

2803, Al Sahab 2 in numbers

  • Sold once: by Emaar on 26 April 2009 for AED 1,500,000, or AED 944 per sqft.
  • Rented since November 2014 on 12 Ejari contracts. The rent fell from AED 180,000 to AED 115,000 in 2021 and recovered to AED 165,000 by July 2024.
  • At AED 165,000 a year the gross yield on the 2009 price is 11.0%, 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 7 July 2024.

Questions about 2803, Al Sahab 2

What did unit 2803 last sell for?

AED 1,500,000 on 26 April 2009, sold by the developer: AED 944 per sqft for 1,588 sqft. It is the only registered sale of the unit.

What is the rent for unit 2803?

AED 165,000 a year on the contract renewed on 7 July 2024. The previous contract, from July 2024, was AED 165,460; the unit has been rented since November 2014.

How big is unit 2803?

1,588 sqft (147.5 sqm): a two-bedroom apartment on the 28th floor of a 43-storey tower completed in 2006.

What is unit 2803 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 2803, Al Sahab 2

Starts from the last sale price (AED 1.5M, 26 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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