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3-bed · 2,514 sqftAl Yass Tower, Dubai Marina · 12th floor · completed 2004

1203, Al Yass Tower

Sold prices and rental history: sold once, by the developer in January 2021, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 30 May 2021
Last soldAED 1.84M28 January 2021
Current rentAED 70K /yr30 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1203, Al Yass Tower

What is 1203 worth today?

Last sold for AED 1,835,000 in 2021

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30 May 2021RentedNew contract
AED 70,000/yr12 months · AED 28 per sqft
28 Jan 2021Sold by developerReady
AED 1,835,000AED 729 per sqft

Source: Dubai Land Department. Updated 30 May 2021.

Key facts

Type
3-bed apartment
Size
2,514 sqft
Floor
12th of 24
Parking
566 , 567
Developer
Emaar
Completed
2004
Service charge
AED 36,900 /yr
Last sold
AED 1.84M · January 2021
Building
Al Yass Tower

About 1203, Al Yass Tower

1203 is a three-bedroom apartment of 2,514 sqft on the 12th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 28 January 2021 for AED 1,835,000, or AED 729 per sqft, 25% below the AED 972 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 May 2021. The current contract, signed on 30 May 2021, is AED 70,000 a year: a gross yield of 3.8% on the 2021 price, before the service charge of about AED 36,900 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical three-bed in Al Yass Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,600,000; 2009 AED 2,550,555; 2010 AED 1,815,000; 2011 AED 2,222,000; 2012 AED 2,537,500; 2014 AED 5,575,000; 2015 AED 5,250,000; 2021 AED 2,367,500; 2023 AED 3,800,000; 2024 AED 4,175,000Sold by developer, January 2021: AED 1,835,000 (AED 729 per sqft)

1203 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1203, each contractTypical three-bed in Al Yass Tower
100K200K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 210,000; 2014 AED 232,500; 2015 AED 240,000; 2016 AED 236,250; 2017 AED 230,385; 2018 AED 200,000; 2019 AED 177,500; 2020 AED 170,000; 2021 AED 144,500; 2022 AED 175,000; 2023 AED 190,000; 2024 AED 207,500; 2025 AED 234,000; 2026 AED 247,500New contract, May 2021: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Yass Tower, and where 1203 sits

All 48 3-beds →

1203 last sold in January 2021 at AED 729 per sqft, 25% below what three-beds in Al Yass Tower were fetching at the time (AED 972). Over the last 12 months three-beds sold for AED 4,250,000 to 5,300,000, around AED 1,926 per sqft, and rent for AED 70,000 to 450,000 a year. 1203's AED 70,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Mar 20265,300,000
28 Nov 20254,250,000
28 Nov 20254,850,000
6 Jun 20244,400,000
3 3-bed sales 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 12th floor

All 145 units in Al Yass Tower
Value
12012-bedAED 2.2M · Aug 2010
12022-bedAED 2.05M · Jun 2010
12043-bedAED 4M · Mar 2013
12052-bedAED 1.34M · Mar 2010
12062-bedAED 4.6M · May 2025
12071-bedAED 3.26M · Mar 2016

1203, Al Yass Tower in numbers

  • Sold once: by Emaar on 28 January 2021 for AED 1,835,000, or AED 729 per sqft.
  • Rented since May 2021 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 3.8%, before a service charge of about AED 36,900 a year (AED 14.69 per sqft).
  • Three-beds in Al Yass Tower sold for AED 4,250,000–5,300,000 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 30 May 2021.

Questions about 1203, Al Yass Tower

What did unit 1203 last sell for?

AED 1,835,000 on 28 January 2021, sold by the developer: AED 729 per sqft for 2,514 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 70,000 a year on the contract signed on 30 May 2021.

How big is unit 1203?

2,514 sqft (233.6 sqm): a three-bedroom apartment on the 12th floor of a 24-storey tower completed in 2004.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Yass Tower sold for AED 4,250,000 to 5,300,000 in the last 12 months, around AED 1,926 per sqft.

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Mortgage on 1203, Al Yass Tower

Starts from the last sale price (AED 1.84M, 28 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,835,000
Deposit, UAE resident (20%)
AED 367,000
Deposit, non-resident (40%)
AED 734,000
Monthly over 25 years at 3.7%
AED 7,508

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