1-bed · 909 sqftBlakely, Dubai Marina · 12th floor · completed 2010

1201, Blakely

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

Unit 1201 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 826K11 March 2013
Current rentAED 70K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Blakely

What is 1201 worth today?

Last sold for AED 825,888 in 2013

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10 Oct 2024RentedRenewal
AED 70,200/yr8 months · AED 77 per sqft
10 Oct 2024RentedRenewal
AED 70,200/yr8 months · AED 77 per sqft
10 Oct 2023RentedRenewal
AED 58,500/yr12 months · AED 64 per sqft
10 Oct 2022RentedRenewal
AED 55,000/yr12 months · AED 61 per sqft
10 Oct 2021RentedRenewal
AED 52,000/yr12 months · AED 57 per sqft
10 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
18 Jun 2019RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
18 Jun 2018RentedRenewal
AED 90,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
909 sqft
Floor
12th of 27
Parking
P2-2037
Developer
Emaar
Completed
2010
Service charge
AED 9,500 /yr
Last sold
AED 826K · March 2013
Building
Blakely

About 1201, Blakely

1201 is a one-bedroom apartment of 909 sqft on the 12th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 11 March 2013 for AED 825,888, or AED 908 per sqft, 6% below the AED 967 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 70,200 a year: a gross yield of 8.5% on the 2013 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical one-bed in Blakely
1M1.5M2009201420192024Typical sale price by year: 2009 AED 866,888; 2010 AED 837,888; 2011 AED 822,888; 2012 AED 889,388; 2013 AED 930,000; 2014 AED 1,400,000; 2015 AED 1,550,000; 2016 AED 1,275,000; 2017 AED 1,250,000; 2018 AED 1,300,000; 2020 AED 815,000; 2021 AED 1,060,741; 2022 AED 1,200,000; 2023 AED 1,420,000; 2024 AED 1,400,000; 2025 AED 1,585,000; 2026 AED 1,657,500Sold by developer, March 2010: AED 825,888 (AED 908 per sqft)Sold, March 2013: AED 825,888 (AED 908 per sqft)

1201 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, each contractTypical one-bed in Blakely
50K75K100K2012201620202024Typical rent by year: 2012 AED 71,000; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 93,000; 2019 AED 80,000; 2020 AED 68,000; 2021 AED 67,742; 2022 AED 75,000; 2023 AED 87,750; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 98,500New contract, November 2013: AED 80,000 a yearRenewal, November 2014: AED 88,000 a yearRenewal, November 2015: AED 92,400 a yearRenewal, November 2016: AED 92,400 a yearNew contract, June 2017: AED 95,000 a yearRenewal, June 2018: AED 90,000 a yearRenewal, June 2019: AED 85,000 a yearNew contract, October 2020: AED 55,000 a yearRenewal, October 2021: AED 52,000 a yearRenewal, October 2022: AED 55,000 a yearRenewal, October 2023: AED 58,500 a yearRenewal, October 2024: AED 70,200 a yearRenewal, October 2024: AED 70,200 a year

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

1-beds in Blakely, and where 1201 sits

All 111 1-beds →

1201 last sold in March 2013 at AED 908 per sqft, 6% below what one-beds in Blakely were fetching at the time (AED 967). Over the last 12 months one-beds sold for AED 1,320,000 to 2,550,000, around AED 1,860 per sqft, and rent for AED 65,500 to 165,000 a year. 1201's AED 70,200 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 20261,320,000
6 Aug 202632,085
4 Aug 202621,149
24 Jul 202614,301
13 1-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 12th floor

All 164 units in Blakely
Value
12022-bedAED 1.31M · Mar 2013
12032-bedAED 2.41M · Mar 2026
12041-bedAED 2M · Sep 2025
12051-bedAED 683K · Mar 2013
12061-bedAED 807K · Mar 2013

1201, Blakely in numbers

  • Sold twice: first on 2 March 2010 for AED 825,888, last on 11 March 2013 for AED 825,888 (AED 908 per sqft).
  • Rented since November 2013 on 13 Ejari contracts. The rent fell from AED 80,000 to AED 52,000 in 2021 and recovered to AED 70,200 by October 2024.
  • At AED 70,200 a year the gross yield on the 2013 price is 8.5%, before a service charge of about AED 9,500 a year (AED 10.47 per sqft).
  • One-beds in Blakely sold for AED 1,320,000–2,550,000 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 10 October 2024.

Questions about 1201, Blakely

What did unit 1201 last sell for?

AED 825,888 on 11 March 2013: AED 908 per sqft for 909 sqft. The unit has 2 registered sales; the first was AED 825,888 in March 2010.

What is the rent for unit 1201?

AED 70,200 a year on the contract renewed on 10 October 2024. The previous contract, from October 2024, was AED 70,200; the unit has been rented since November 2013.

How big is unit 1201?

909 sqft (84.4 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2010.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Blakely sold for AED 1,320,000 to 2,550,000 in the last 12 months, around AED 1,860 per sqft.

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Mortgage on 1201, Blakely

Starts from the last sale price (AED 826K, 11 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 825,888
Deposit, UAE resident (20%)
AED 165,178
Deposit, non-resident (40%)
AED 330,355
Monthly over 25 years at 3.7%
AED 3,379

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