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2-bed · 1,461 sqftAl Sahab 2, Dubai Marina · 7th floor · completed 2006

701A, Al Sahab 2

Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701A · DLD and Ejari recordsUpdated 4 November 2019
Last soldAED 965K20 September 2011
Current rentAED 100K /yr4 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701A, Al Sahab 2

What is 701A worth today?

Last sold for AED 964,800 in 2011

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4 Nov 2019RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft
4 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 82 per sqft
4 Nov 2017RentedNew contract
AED 135,000/yr12 months · AED 92 per sqft
1 Jun 2015RentedNew contract
AED 155,000/yr12 months · AED 106 per sqft
20 Sep 2011Sold by developerReady
AED 964,800AED 660 per sqft

Source: Dubai Land Department. Updated 4 November 2019.

Key facts

Type
2-bed apartment
Size
1,461 sqft
Floor
7th of 43
Parking
361
Developer
Emaar
Completed
2006
Service charge
AED 25,700 /yr
Last sold
AED 965K · September 2011
Building
Al Sahab 2

About 701A, Al Sahab 2

701A is a two-bedroom apartment of 1,461 sqft on the 7th floor of Al Sahab 2, a 43-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 20 September 2011 for AED 964,800, or AED 660 per sqft, 20% below the AED 830 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 4 November 2019, is AED 100,000 a year: a gross yield of 10.4% on the 2011 price, before the service charge of about AED 25,700 a year.

Sales and rents for 701A over time

Sales
Unit 701A, 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, September 2011: AED 964,800 (AED 660 per sqft)

701A has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 701A, 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, June 2015: AED 155,000 a yearNew contract, November 2017: AED 135,000 a yearNew contract, November 2018: AED 120,000 a yearRenewal, November 2019: AED 100,000 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 701A sits

All 111 2-beds →

701A last sold in September 2011 at AED 660 per sqft, 20% below what two-beds in Al Sahab 2 were fetching at the time (AED 830). 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. 701A's AED 100,000 is at the bottom 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 7th floor

All 227 units in Al Sahab 2
Value
7021-bedAED 1.7M · Dec 2016
7032-bedAED 2.15M · Mar 2017
7043-bedAED 1.45M · Jan 2013
7051-bedAED 1.38M · May 2023
7062-bedAED 1.95M · Jun 2023

701A, Al Sahab 2 in numbers

  • Sold once: by Emaar on 20 September 2011 for AED 964,800, or AED 660 per sqft.
  • Rented since June 2015 on 4 Ejari contracts, from AED 155,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2011 price is 10.4%, before a service charge of about AED 25,700 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 4 November 2019.

Questions about 701A, Al Sahab 2

What did unit 701A last sell for?

AED 964,800 on 20 September 2011, sold by the developer: AED 660 per sqft for 1,461 sqft. It is the only registered sale of the unit.

What is the rent for unit 701A?

AED 100,000 a year on the contract renewed on 4 November 2019. The previous contract, from November 2018, was AED 120,000; the unit has been rented since June 2015.

How big is unit 701A?

1,461 sqft (135.7 sqm): a two-bedroom apartment on the 7th floor of a 43-storey tower completed in 2006.

What is unit 701A 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 701A, Al Sahab 2

Starts from the last sale price (AED 965K, 20 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 964,800
Deposit, UAE resident (20%)
AED 192,960
Deposit, non-resident (40%)
AED 385,920
Monthly over 25 years at 3.7%
AED 3,947

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