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2-bed · 1,463 sqftBlakely, Dubai Marina · 13th floor · completed 2010

1303, Blakely

Sold prices and rental history: sold 4 times, last in November 2023, and rented once, from August 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 2.4M2 November 2023
Current rentAED 130K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1303, Blakely

What is 1303 worth today?

Last sold for AED 2,400,000 in 2023

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2 Nov 2023SoldReady
AED 2,400,000AED 1,640 per sqft
1 Aug 2019RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
27 Feb 2013SoldReady
AED 1,850,000AED 1,264 per sqft
20 Jan 2011SoldReady
AED 1,736,888AED 1,187 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,736,888AED 1,187 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
13th of 27
Parking
P1-1051
Developer
Emaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 2.4M · November 2023
Building
Blakely

About 1303, Blakely

1303 is a two-bedroom apartment of 1,463 sqft on the 13th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 2 November 2023 for AED 2,400,000, or AED 1,640 per sqft, in line with the AED 1,628 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2019. The current contract, signed on 1 August 2019, is AED 130,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical two-bed in Blakely
2M2009201420192024Typical 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 1,736,888 (AED 1,187 per sqft)Sold, January 2011: AED 1,736,888 (AED 1,187 per sqft)Sold, February 2013: AED 1,850,000 (AED 1,264 per sqft)Sold, November 2023: AED 2,400,000 (AED 1,640 per sqft)

1303 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, 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, August 2019: 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 Blakely, and where 1303 sits

All 52 2-beds →

1303 last sold in November 2023 at AED 1,640 per sqft, in line with what two-beds in Blakely were fetching at the time (AED 1,628). 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. 1303's AED 130,000 is in the upper 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 13th floor

All 164 units in Blakely
Value
13011-bedAED 1.3M · Feb 2018
13022-bedAED 2.3M · Sep 2016
13041-bedAED 852K · Feb 2011
13051-bedAED 1.15M · Apr 2023
13061-bedAED 1.34M · Sep 2016

1303, Blakely in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,736,888, last on 2 November 2023 for AED 2,400,000 (AED 1,640 per sqft).
  • Rented since August 2019 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 15,300 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 2 November 2023.

Questions about 1303, Blakely

What did unit 1303 last sell for?

AED 2,400,000 on 2 November 2023: AED 1,640 per sqft for 1,463 sqft. The unit has 4 registered sales; the first was AED 1,736,888 in March 2010.

What is the rent for unit 1303?

AED 130,000 a year on the contract signed on 1 August 2019.

How big is unit 1303?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 13th floor of a 27-storey tower completed in 2010.

What is unit 1303 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 1303, Blakely

Starts from the last sale price (AED 2.4M, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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