2-bed · 1,463 sqftBlakely, Dubai Marina · 25th floor · completed 2010

2503, Blakely

Sold prices and rental history: sold 3 times, last in February 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 7 December 2020
Last soldAED 2.23M27 February 2017
Current rentAED 105K /yr7 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Blakely

What is 2503 worth today?

Last sold for AED 2,225,000 in 2017

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7 Dec 2020RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft
20 Apr 2019RentedRenewal
AED 120,000/yr12 months · AED 82 per sqft
20 Apr 2018RentedNew contract
AED 135,000/yr12 months · AED 92 per sqft
27 Feb 2017SoldReady
AED 2,225,000AED 1,520 per sqft
11 Aug 2016RentedNew contract
AED 150,000/yr12 months · AED 102 per sqft
1 Sep 2015RentedRenewal
AED 150,000/yr12 months · AED 102 per sqft
1 Sep 2013RentedNew contract
AED 150,000/yr12 months · AED 102 per sqft
7 Sep 2011SoldReady
AED 1,887,888AED 1,290 per sqft

Source: Dubai Land Department. Updated 7 December 2020.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
25th of 27
Parking
P1-1041
Developer
Emaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 2.23M · February 2017
Building
Blakely

About 2503, Blakely

2503 is a two-bedroom apartment of 1,463 sqft on the 25th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 27 February 2017 for AED 2,225,000, or AED 1,520 per sqft, in line with the AED 1,520 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 7 December 2020, is AED 105,000 a year: a gross yield of 4.7% on the 2017 price, before the service charge of about AED 15,300 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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 1,887,888 (AED 1,290 per sqft)Sold, September 2011: AED 1,887,888 (AED 1,290 per sqft)Sold, February 2017: AED 2,225,000 (AED 1,520 per sqft)

2503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, 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, September 2013: AED 150,000 a yearRenewal, September 2015: AED 150,000 a yearNew contract, August 2016: AED 150,000 a yearNew contract, April 2018: AED 135,000 a yearRenewal, April 2019: AED 120,000 a yearNew contract, December 2020: AED 105,000 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 2503 sits

All 52 2-beds →

2503 last sold in February 2017 at AED 1,520 per sqft, in line with what two-beds in Blakely were fetching at the time (AED 1,520). 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. 2503's AED 105,000 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 25th floor

All 164 units in Blakely
Value
25011-bedAED 875K · Feb 2020
25022-bedAED 2.33M · Jun 2026
25041-bedAED 2.55M · Mar 2026
25051-bedAED 400K · Mar 2022
25061-bedAED 911K · Sep 2011

2503, Blakely in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,887,888, last on 27 February 2017 for AED 2,225,000 (AED 1,520 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 150,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2017 price is 4.7%, 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 7 December 2020.

Questions about 2503, Blakely

What did unit 2503 last sell for?

AED 2,225,000 on 27 February 2017: AED 1,520 per sqft for 1,463 sqft. The unit has 3 registered sales; the first was AED 1,887,888 in March 2010.

What is the rent for unit 2503?

AED 105,000 a year on the contract signed on 7 December 2020. The previous contract, from April 2019, was AED 120,000; the unit has been rented since September 2013.

How big is unit 2503?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 25th floor of a 27-storey tower completed in 2010.

What is unit 2503 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 2503, Blakely

Starts from the last sale price (AED 2.23M, 27 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,225,000
Deposit, UAE resident (20%)
AED 445,000
Deposit, non-resident (40%)
AED 890,000
Monthly over 25 years at 3.7%
AED 9,103

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