1-bed · 909 sqftBlakely, Dubai Marina · 23rd floor · completed 2010

2301, Blakely

Sold prices and rental history: sold 3 times, last in June 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 11 March 2021
Last soldAED 1.1M25 June 2012
Current rentAED 73K /yr11 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Blakely

What is 2301 worth today?

Last sold for AED 1,100,000 in 2012

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11 Mar 2021RentedNew contract
AED 73,000/yr12 months · AED 81 per sqft
5 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
25 Apr 2018RentedRenewal
AED 100,000/yr12 months · AED 111 per sqft
25 Apr 2017RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
1 Feb 2014RentedNew contract
AED 168,000/yr12 months · AED 186 per sqft
25 Jun 2012SoldReady
AED 1,100,000AED 1,210 per sqft
20 Jun 2012SoldReady
AED 1,128,888AED 1,241 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,128,888AED 1,241 per sqft

Source: Dubai Land Department. Updated 11 March 2021.

Key facts

Type
1-bed apartment
Size
909 sqft
Floor
23rd of 27
Parking
P2-2026
Developer
Emaar
Completed
2010
Service charge
AED 9,500 /yr
Last sold
AED 1.1M · June 2012
Building
Blakely

About 2301, Blakely

2301 is a one-bedroom apartment of 909 sqft on the 23rd floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 25 June 2012 for AED 1,100,000, or AED 1,210 per sqft, 28% above the AED 944 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 11 March 2021, is AED 73,000 a year: a gross yield of 6.6% on the 2012 price, before the service charge of about AED 9,500 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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 1,128,888 (AED 1,241 per sqft)Sold, June 2012: AED 1,100,000 (AED 1,210 per sqft)Sold, June 2012: AED 1,128,888 (AED 1,241 per sqft)

2301 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2301, each contractTypical one-bed in Blakely
50K100K150K2012201620202024Typical 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, February 2014: AED 168,000 a yearNew contract, April 2017: AED 100,000 a yearRenewal, April 2018: AED 100,000 a yearNew contract, August 2019: AED 85,000 a yearNew contract, March 2021: AED 73,000 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 2301 sits

All 111 1-beds →

2301 last sold in June 2012 at AED 1,210 per sqft, 28% above what one-beds in Blakely were fetching at the time (AED 944). 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. 2301's AED 73,000 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 23rd floor

All 164 units in Blakely
Value
23022-bedAED 2M · Dec 2014
23032-bedAED 2.6M · Dec 2024
23041-bedAED 1.83M · Jul 2026
23051-bedAED 715K · Aug 2020
23061-bedAED 14K · Jul 2026

2301, Blakely in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,128,888, last on 25 June 2012 for AED 1,100,000 (AED 1,210 per sqft).
  • Rented since February 2014 on 5 Ejari contracts, from AED 168,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2012 price is 6.6%, 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 11 March 2021.

Questions about 2301, Blakely

What did unit 2301 last sell for?

AED 1,100,000 on 25 June 2012: AED 1,210 per sqft for 909 sqft. The unit has 3 registered sales; the first was AED 1,128,888 in March 2010.

What is the rent for unit 2301?

AED 73,000 a year on the contract signed on 11 March 2021. The previous contract, from August 2019, was AED 85,000; the unit has been rented since February 2014.

How big is unit 2301?

909 sqft (84.4 sqm): a one-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2010.

What is unit 2301 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 2301, Blakely

Starts from the last sale price (AED 1.1M, 25 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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