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2-bed · 1,588 sqftAl Sahab 2, Dubai Marina · 32nd floor · completed 2006

3203, Al Sahab 2

Sold prices and rental history: sold 3 times, last in September 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 5 September 2016
Last soldAED 2.3M5 September 2016
Current rentAED 165K /yr16 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3203, Al Sahab 2

What is 3203 worth today?

Last sold for AED 2,300,000 in 2016

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5 Sep 2016SoldReady
AED 2,300,000AED 1,448 per sqft
16 Jul 2015RentedRenewal
AED 165,000/yr12 months · AED 104 per sqft
16 Jul 2014RentedNew contract
AED 165,000/yr12 months · AED 104 per sqft
16 Oct 2012RentedNew contract
AED 225,000/yr18 months · AED 141 per sqft
16 Sep 2012SoldReady
AED 2,323,000AED 1,462 per sqft
22 Mar 2010Sold by developerReady
AED 2,000,000AED 1,259 per sqft

Source: Dubai Land Department. Updated 5 September 2016.

Key facts

Type
2-bed apartment
Size
1,588 sqft
Floor
32nd of 43
Parking
274
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 2.3M · September 2016
Building
Al Sahab 2

About 3203, Al Sahab 2

3203 is a two-bedroom apartment of 1,588 sqft on the 32nd floor of Al Sahab 2, a 43-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 5 September 2016 for AED 2,300,000, or AED 1,448 per sqft, in line with the AED 1,406 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 16 July 2015, is AED 165,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 27,900 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, March 2010: AED 2,000,000 (AED 1,259 per sqft)Sold, September 2012: AED 2,323,000 (AED 1,462 per sqft)Sold, September 2016: AED 2,300,000 (AED 1,448 per sqft)

3203 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3203, each contractTypical two-bed in Al Sahab 2
100K200K2012201620202024Typical 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, October 2012: AED 225,000 a yearNew contract, July 2014: AED 165,000 a yearRenewal, July 2015: 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 3203 sits

All 111 2-beds →

3203 last sold in September 2016 at AED 1,448 per sqft, in line with what two-beds in Al Sahab 2 were fetching at the time (AED 1,406). 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. 3203'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 32nd floor

All 227 units in Al Sahab 2
Value
32021-bedAED 1.34M · Dec 2021
32043-bedAED 912K · Jul 2010
32051-bedAED 799K · Apr 2010
32062-bedAED 2.6M · Jul 2024
3201A2-bedAED 1.19M · Oct 2013

3203, Al Sahab 2 in numbers

  • Sold 3 times: first on 22 March 2010 for AED 2,000,000, last on 5 September 2016 for AED 2,300,000 (AED 1,448 per sqft).
  • Rented since October 2012 on 3 Ejari contracts, from AED 225,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2016 price is 7.2%, 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 5 September 2016.

Questions about 3203, Al Sahab 2

What did unit 3203 last sell for?

AED 2,300,000 on 5 September 2016: AED 1,448 per sqft for 1,588 sqft. The unit has 3 registered sales; the first was AED 2,000,000 in March 2010.

What is the rent for unit 3203?

AED 165,000 a year on the contract renewed on 16 July 2015. The previous contract, from July 2014, was AED 165,000; the unit has been rented since October 2012.

How big is unit 3203?

1,588 sqft (147.5 sqm): a two-bedroom apartment on the 32nd floor of a 43-storey tower completed in 2006.

What is unit 3203 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 3203, Al Sahab 2

Starts from the last sale price (AED 2.3M, 5 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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