2-bed · 1,361 sqftBlakely, Dubai Marina · 10th floor · completed 2010

1002, Blakely

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 1.03M21 June 2023
Current rentAED 95K /yr20 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Blakely

What is 1002 worth today?

Last sold for AED 1,025,000 in 2023

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21 Jun 2023SoldReady
AED 1,025,000AED 753 per sqft
20 Aug 2022RentedRenewal
AED 95,000/yr12 months · AED 70 per sqft
20 Aug 2021RentedNew contract
AED 95,000/yr12 months · AED 70 per sqft
31 May 2018RentedRenewal
AED 143,000/yr12 months · AED 105 per sqft
31 May 2017RentedRenewal
AED 143,000/yr12 months · AED 105 per sqft
31 May 2016RentedNew contract
AED 153,000/yr12 months · AED 113 per sqft
22 Jun 2015SoldReady
AED 1,800,000AED 1,322 per sqft
25 Nov 2014RentedNew contract
AED 170,000/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
10th of 27
Parking
P1-1035
Developer
Emaar
Completed
2010
Service charge
AED 14,200 /yr
Last sold
AED 1.03M · June 2023
Building
Blakely

About 1002, Blakely

1002 is a two-bedroom apartment of 1,361 sqft on the 10th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 21 June 2023 for AED 1,025,000, or AED 753 per sqft, 54% below the AED 1,652 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 20 August 2022, is AED 95,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Blakely
1M2M2009201420192024Typical sale price by year: 2009 AED 1,583,388; 2010 AED 1,673,888; 2011 AED 1,617,388; 2012 AED 1,667,444; 2013 AED 1,786,944; 2014 AED 2,600,000; 2015 AED 2,050,000; 2016 AED 2,235,000; 2017 AED 1,912,500; 2019 AED 1,475,000; 2020 AED 1,500,000; 2022 AED 2,347,500; 2023 AED 2,200,000; 2026 AED 2,405,656Sold by developer, March 2010: AED 1,290,888 (AED 948 per sqft)Sold, January 2011: AED 1,290,888 (AED 948 per sqft)Sold, June 2015: AED 1,800,000 (AED 1,322 per sqft)Sold, June 2023: AED 1,025,000 (AED 753 per sqft)

1002 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Blakely
100K150K2012201620202024Typical rent by year: 2012 AED 115,500; 2013 AED 135,000; 2014 AED 142,875; 2015 AED 157,500; 2016 AED 150,000; 2017 AED 143,950; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 95,000; 2022 AED 117,500; 2023 AED 140,000; 2024 AED 150,000; 2025 AED 145,000; 2026 AED 135,000New contract, July 2013: AED 120,835 a yearNew contract, September 2014: AED 100,000 a yearNew contract, November 2014: AED 170,000 a yearNew contract, May 2016: AED 153,000 a yearRenewal, May 2017: AED 143,000 a yearRenewal, May 2018: AED 143,000 a yearNew contract, August 2021: AED 95,000 a yearRenewal, August 2022: AED 95,000 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 Blakely, and where 1002 sits

All 52 2-beds →

1002 last sold in June 2023 at AED 753 per sqft, 54% below what two-beds in Blakely were fetching at the time (AED 1,652). Over the last 12 months two-beds sold for AED 2,261,339 to 2,900,000, around AED 1,711 per sqft, and rent for AED 60,000 to 162,000 a year. 1002's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20262,600,000
14 Sep 20262,900,000
23 Jun 20262,330,000
18 May 20262,261,339
5 2-bed sales in the last 12 months

Blakely

Building

164 apartments, 1-bed to 3-bed over 27 floors in Dubai Marina, completed in 2010 by Emaar. 18 sold in the last 12 months.

Typical price per sqft
AED 1,769 Down 4.4%
Typical sale
AED 2.05M
Typical rent
AED 105K /yr
Typical yield
5.9%
Blakely, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 164 units in Blakely
Value
10011-bedAED 1.47M · Nov 2023
10032-bedAED 1.5M · Mar 2020
10041-bedAED 837K · Feb 2012
10051-bedAED 673K · Jul 2012
10061-bedAED 1.47M · Nov 2013

1002, Blakely in numbers

  • Sold 4 times: first on 8 March 2010 for AED 1,290,888, last on 21 June 2023 for AED 1,025,000 (AED 753 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 120,835 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 14,200 a year (AED 10.47 per sqft).
  • Two-beds in Blakely sold for AED 2,261,339–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,769 per sqft.

Source: Dubai Land Department. Updated 21 June 2023.

Questions about 1002, Blakely

What did unit 1002 last sell for?

AED 1,025,000 on 21 June 2023: AED 753 per sqft for 1,361 sqft. The unit has 4 registered sales; the first was AED 1,290,888 in March 2010.

What is the rent for unit 1002?

AED 95,000 a year on the contract renewed on 20 August 2022. The previous contract, from August 2021, was AED 95,000; the unit has been rented since July 2013.

How big is unit 1002?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 10th floor of a 27-storey tower completed in 2010.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Blakely sold for AED 2,261,339 to 2,900,000 in the last 12 months, around AED 1,711 per sqft.

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Mortgage on 1002, Blakely

Starts from the last sale price (AED 1.03M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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