2-bed · 1,576 sqftAl Yass Tower, Dubai Marina · 10th floor · completed 2004

1005, Al Yass Tower

Sold prices and rental history: sold 3 times, last in August 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 2 October 2017
Last soldAED 3.52M26 August 2014
Current rentAED 165K /yr2 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Al Yass Tower

What is 1005 worth today?

Last sold for AED 3,520,000 in 2014

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2 Oct 2017RentedNew contract
AED 165,000/yr12 months · AED 105 per sqft
1 Sep 2016RentedRenewal
AED 170,000/yr12 months · AED 108 per sqft
1 Sep 2015RentedRenewal
AED 170,000/yr12 months · AED 108 per sqft
1 Sep 2014RentedNew contract
AED 170,000/yr12 months · AED 108 per sqft
26 Aug 2014SoldReady
AED 3,520,000AED 2,233 per sqft
1 Sep 2013RentedNew contract
AED 170,000/yr12 months · AED 108 per sqft
19 Apr 2013RentedNew contract
AED 160,000/yr12 months · AED 102 per sqft
5 Aug 2008Sold by developerReady
AED 3,080,000AED 1,954 per sqft

Source: Dubai Land Department. Updated 2 October 2017.

Key facts

Type
2-bed apartment
Size
1,576 sqft
Floor
10th of 24
Parking
536
Developer
Emaar
Completed
2004
Service charge
AED 23,200 /yr
Last sold
AED 3.52M · August 2014

About 1005, Al Yass Tower

1005 is a two-bedroom apartment of 1,576 sqft on the 10th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 26 August 2014 for AED 3,520,000, or AED 2,233 per sqft, 12% above the AED 1,998 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 2 October 2017, is AED 165,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 23,200 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical two-bed in Al Yass Tower
2M4M2008201320182023Typical sale price by year: 2008 AED 1,800,000; 2009 AED 1,543,000; 2010 AED 1,900,000; 2011 AED 1,673,875; 2012 AED 2,450,000; 2013 AED 2,940,000; 2014 AED 3,440,000; 2015 AED 2,755,000; 2016 AED 3,520,000; 2019 AED 2,100,000; 2021 AED 1,850,000; 2022 AED 2,550,000; 2023 AED 3,100,000; 2024 AED 3,250,000; 2025 AED 3,800,000Sold by developer, August 2008: AED 3,080,000 (AED 1,954 per sqft)Sold, August 2008: AED 1,623,070 (AED 1,029 per sqft)Sold, August 2014: AED 3,520,000 (AED 2,233 per sqft)

1005 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1005, each contractTypical two-bed in Al Yass Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 143,938; 2013 AED 170,000; 2014 AED 195,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 170,000; 2019 AED 152,500; 2020 AED 115,000; 2021 AED 117,500; 2022 AED 126,000; 2023 AED 165,000; 2024 AED 194,750; 2025 AED 200,000; 2026 AED 200,000New contract, April 2013: AED 160,000 a yearNew contract, September 2013: AED 170,000 a yearNew contract, September 2014: AED 170,000 a yearRenewal, September 2015: AED 170,000 a yearRenewal, September 2016: AED 170,000 a yearNew contract, October 2017: 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 Yass Tower, and where 1005 sits

All 58 2-beds →

1005 last sold in August 2014 at AED 2,233 per sqft, 12% above what two-beds in Al Yass Tower were fetching at the time (AED 1,998). Over the last 12 months two-beds sold for AED 3,900,000, around AED 2,581 per sqft, and rent for AED 120,000 to 240,000 a year. 1005's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Dec 20253,900,000
29 Sep 20253,500,000
14 May 20254,600,000
13 Jan 20253,700,000
1 2-bed sale in the last 12 months

Al Yass Tower

Building

145 apartments, 1-bed to 5-bed over 24 floors in Dubai Marina, completed in 2004 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,064
Typical sale
AED 4.55M
Typical rent
AED 200K /yr
Typical yield
5.2%
Al Yass Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 145 units in Al Yass Tower
Value
10012-bedAED 2.55M · Mar 2021
10022-bedAED 2.7M · Jun 2017
10033-bedAED 908K · Jul 2010
10043-bedAED 2.13M · Nov 2009
10062-bedAED 2.45M · Mar 2019
10071-bedAED 3.35M · Oct 2013

1005, Al Yass Tower in numbers

  • Sold 3 times: first on 5 August 2008 for AED 1,623,070, last on 26 August 2014 for AED 3,520,000 (AED 2,233 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 160,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 23,200 a year (AED 14.69 per sqft).
  • Two-beds in Al Yass Tower sold for AED 3,900,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,064 per sqft.

Source: Dubai Land Department. Updated 2 October 2017.

Questions about 1005, Al Yass Tower

What did unit 1005 last sell for?

AED 3,520,000 on 26 August 2014: AED 2,233 per sqft for 1,576 sqft. The unit has 3 registered sales; the first was AED 1,623,070 in August 2008.

What is the rent for unit 1005?

AED 165,000 a year on the contract signed on 2 October 2017. The previous contract, from September 2016, was AED 170,000; the unit has been rented since April 2013.

How big is unit 1005?

1,576 sqft (146.4 sqm): a two-bedroom apartment on the 10th floor of a 24-storey tower completed in 2004.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Yass Tower sold for AED 3,900,000 to 3,900,000 in the last 12 months, around AED 2,581 per sqft.

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Mortgage on 1005, Al Yass Tower

Starts from the last sale price (AED 3.52M, 26 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,520,000
Deposit, UAE resident (20%)
AED 704,000
Deposit, non-resident (40%)
AED 1,408,000
Monthly over 25 years at 3.7%
AED 14,401

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