2-bed · 1,553 sqftAttessa, Dubai Marina · 7th floor · completed 2008

701, Attessa

Sold prices and rental history: sold twice, last in June 2013, and rented once, from August 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 9 June 2013
Last soldAED 2.55M9 June 2013
Current rentAED 130K /yr26 August 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Attessa

What is 701 worth today?

Last sold for AED 2,550,000 in 2013

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9 Jun 2013SoldReady
AED 2,550,000AED 1,641 per sqft
26 Aug 2012RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
9 Aug 2010Sold by developerReady
AED 1,281,225AED 824 per sqft

Source: Dubai Land Department. Updated 9 June 2013.

Key facts

Type
2-bed apartment
Size
1,553 sqft
Floor
7th of 32
Parking
P3 - 3094
Developer
Emaar
Completed
2008
Service charge
AED 30,400 /yr
Last sold
AED 2.55M · June 2013
Building
Attessa

About 701, Attessa

701 is a two-bedroom apartment of 1,553 sqft on the 7th floor of Attessa, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 9 June 2013 for AED 2,550,000, or AED 1,641 per sqft, 10% above the AED 1,494 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 August 2012. The current contract, signed on 26 August 2012, is AED 130,000 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 30,400 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Attessa
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,700,000; 2010 AED 1,756,888; 2011 AED 1,638,291; 2012 AED 2,115,000; 2013 AED 2,625,000; 2014 AED 3,400,000; 2015 AED 1,730,888; 2016 AED 2,800,000; 2019 AED 2,350,000; 2021 AED 2,137,500; 2022 AED 2,522,004; 2023 AED 2,600,000; 2025 AED 3,280,000; 2026 AED 3,260,000Sold by developer, August 2010: AED 1,281,225 (AED 824 per sqft)Sold, June 2013: AED 2,550,000 (AED 1,641 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Attessa
150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 157,500; 2014 AED 180,000; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 177,500; 2018 AED 159,571; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 115,000; 2022 AED 125,000; 2023 AED 155,000; 2024 AED 160,000; 2025 AED 170,000; 2026 AED 170,000New contract, August 2012: AED 130,000 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 Attessa, and where 701 sits

All 60 2-beds →

701 last sold in June 2013 at AED 1,641 per sqft, 10% above what two-beds in Attessa were fetching at the time (AED 1,494). Over the last 12 months two-beds sold for AED 3,200,000 to 3,500,000, around AED 2,092 per sqft, and rent for AED 120,000 to 200,000 a year. 701's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Aug 20263,200,000
16 Mar 20263,500,000
12 Jan 20263,260,000
14 May 20253,280,000
3 2-bed sales in the last 12 months

Attessa

Building

153 apartments, studios to 3-bed over 32 floors in Dubai Marina, completed in 2008 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,103
Typical sale
AED 2.4M
Typical rent
AED 120K /yr
Typical yield
5.2%
Attessa, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 153 units in Attessa
Value
7022-bedAED 1.68M · Jun 2009
7031-bedAED 1.2M · Jul 2009
7041-bedAED 1.3M · May 2022
7051-bedAED 892K · Jun 2009

701, Attessa in numbers

  • Sold twice: first on 9 August 2010 for AED 1,281,225, last on 9 June 2013 for AED 2,550,000 (AED 1,641 per sqft).
  • Rented since August 2012 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2013 price is 5.1%, before a service charge of about AED 30,400 a year (AED 19.56 per sqft).
  • Two-beds in Attessa sold for AED 3,200,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,103 per sqft.

Source: Dubai Land Department. Updated 9 June 2013.

Questions about 701, Attessa

What did unit 701 last sell for?

AED 2,550,000 on 9 June 2013: AED 1,641 per sqft for 1,553 sqft. The unit has 2 registered sales; the first was AED 1,281,225 in August 2010.

What is the rent for unit 701?

AED 130,000 a year on the contract signed on 26 August 2012.

How big is unit 701?

1,553 sqft (144.3 sqm): a two-bedroom apartment on the 7th floor of a 32-storey tower completed in 2008.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Attessa sold for AED 3,200,000 to 3,500,000 in the last 12 months, around AED 2,092 per sqft.

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Mortgage on 701, Attessa

Starts from the last sale price (AED 2.55M, 9 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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