2-bed · 1,469 sqftBlakely, Dubai Marina · 2nd floor · completed 2010

203, Blakely

Sold prices and rental history: sold 5 times, last in December 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 9 December 2020
Last soldAED 1.35M9 December 2020
Current rentAED 135K /yr8 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Blakely

What is 203 worth today?

Last sold for AED 1,350,000 in 2020

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9 Dec 2020SoldReady
AED 1,350,000AED 919 per sqft
8 Jul 2020RentedNew contract
AED 135,000/yr12 months · AED 92 per sqft
8 Jul 2019RentedNew contract
AED 135,000/yr12 months · AED 92 per sqft
22 Jul 2015SoldReady
AED 2,300,000AED 1,565 per sqft
14 Nov 2012SoldReady
AED 1,530,000AED 1,041 per sqft
20 Feb 2011SoldReady
AED 1,817,888AED 1,237 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,817,888AED 1,237 per sqft

Source: Dubai Land Department. Updated 9 December 2020.

Key facts

Type
2-bed apartment
Size
1,469 sqft
Floor
2nd of 27
Parking
P1-1084
Developer
Emaar
Completed
2010
Service charge
AED 15,400 /yr
Last sold
AED 1.35M · December 2020
Building
Blakely

About 203, Blakely

203 is a two-bedroom apartment of 1,469 sqft on the 2nd floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 9 December 2020 for AED 1,350,000, or AED 919 per sqft, 10% below the AED 1,025 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 8 July 2020, is AED 135,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 15,400 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 1,817,888 (AED 1,237 per sqft)Sold, February 2011: AED 1,817,888 (AED 1,237 per sqft)Sold, November 2012: AED 1,530,000 (AED 1,041 per sqft)Sold, July 2015: AED 2,300,000 (AED 1,565 per sqft)Sold, December 2020: AED 1,350,000 (AED 919 per sqft)

203 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, 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 2019: AED 135,000 a yearNew contract, July 2020: AED 135,000 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 203 sits

All 52 2-beds →

203 last sold in December 2020 at AED 919 per sqft, 10% below what two-beds in Blakely were fetching at the time (AED 1,025). 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. 203's AED 135,000 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 2nd floor

All 164 units in Blakely
Value
2011-bedAED 1.25M · Dec 2015
2022-bedAED 2.14M · Jul 2011
2041-bedAED 1.03M · Apr 2012
2051-bedAED 595K · Feb 2018
2061-bedAED 990K · May 2019

203, Blakely in numbers

  • Sold 5 times: first on 2 March 2010 for AED 1,817,888, last on 9 December 2020 for AED 1,350,000 (AED 919 per sqft).
  • Rented since July 2019 on 2 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 15,400 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 9 December 2020.

Questions about 203, Blakely

What did unit 203 last sell for?

AED 1,350,000 on 9 December 2020: AED 919 per sqft for 1,469 sqft. The unit has 5 registered sales; the first was AED 1,817,888 in March 2010.

What is the rent for unit 203?

AED 135,000 a year on the contract signed on 8 July 2020. The previous contract, from July 2019, was AED 135,000.

How big is unit 203?

1,469 sqft (136.5 sqm): a two-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2010.

What is unit 203 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 203, Blakely

Starts from the last sale price (AED 1.35M, 9 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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