3-bed · 2,533 sqftAl Yass Tower, Dubai Marina · 13th floor · completed 2004

1306, Al Yass Tower

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

Unit 1306 · DLD and Ejari recordsUpdated 26 November 2014
Last soldAED 7M26 November 2014
Current rentAED 260K /yr25 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Al Yass Tower

What is 1306 worth today?

Last sold for AED 7,000,000 in 2014

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26 Nov 2014SoldReady
AED 7,000,000AED 2,763 per sqft
25 May 2014RentedNew contract
AED 260,000/yr12 months · AED 103 per sqft
25 May 2013RentedNew contract
AED 260,000/yr12 months · AED 103 per sqft
27 Apr 2011Sold by developerReady
AED 1,250,000AED 493 per sqft

Source: Dubai Land Department. Updated 26 November 2014.

Key facts

Type
3-bed apartment
Size
2,533 sqft
Floor
13th of 24
Parking
2566 , 2567
Developer
Emaar
Completed
2004
Service charge
AED 37,200 /yr
Last sold
AED 7M · November 2014

About 1306, Al Yass Tower

1306 is a three-bedroom apartment of 2,533 sqft on the 13th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 26 November 2014 for AED 7,000,000, or AED 2,763 per sqft, 21% above the AED 2,276 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 25 May 2014, is AED 260,000 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 37,200 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical three-bed in Al Yass Tower
5M2008201320182023Typical 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, April 2011: AED 1,250,000 (AED 493 per sqft)Sold, November 2014: AED 7,000,000 (AED 2,763 per sqft)

1306 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1306, each contractTypical three-bed in Al Yass Tower
200K2012201620202024Typical 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 2013: AED 260,000 a yearNew contract, May 2014: AED 260,000 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 1306 sits

All 48 3-beds →

1306 last sold in November 2014 at AED 2,763 per sqft, 21% above what three-beds in Al Yass Tower were fetching at the time (AED 2,276). 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. 1306's AED 260,000 is in the upper half 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 13th floor

All 145 units in Al Yass Tower
Value
13013-bedAED 3.43M · May 2009
13022-bedAED 1.36M · Dec 2009
13033-bedAED 1.96M · Jan 2011
13043-bedAED 4.5M · Dec 2015
13052-bedAED 3.38M · Dec 2008

1306, Al Yass Tower in numbers

  • Sold twice: first on 27 April 2011 for AED 1,250,000, last on 26 November 2014 for AED 7,000,000 (AED 2,763 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2014 price is 3.7%, before a service charge of about AED 37,200 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 26 November 2014.

Questions about 1306, Al Yass Tower

What did unit 1306 last sell for?

AED 7,000,000 on 26 November 2014: AED 2,763 per sqft for 2,533 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in April 2011.

What is the rent for unit 1306?

AED 260,000 a year on the contract signed on 25 May 2014. The previous contract, from May 2013, was AED 260,000.

How big is unit 1306?

2,533 sqft (235.3 sqm): a three-bedroom apartment on the 13th floor of a 24-storey tower completed in 2004.

What is unit 1306 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 1306, Al Yass Tower

Starts from the last sale price (AED 7M, 26 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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