2-bed · 1,469 sqftBlakely, Dubai Marina · 3rd floor · completed 2010

303, Blakely

Sold prices and rental history: sold 3 times, last in October 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 14 February 2016
Last soldAED 2.2M1 October 2013
Current rentAED 126K /yr14 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Blakely

What is 303 worth today?

Last sold for AED 2,200,000 in 2013

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14 Feb 2016RentedRenewal
AED 126,000/yr12 months · AED 86 per sqft
14 Feb 2015RentedRenewal
AED 126,000/yr12 months · AED 86 per sqft
14 Feb 2014RentedNew contract
AED 120,000/yr12 months · AED 82 per sqft
1 Oct 2013SoldReady
AED 2,200,000AED 1,497 per sqft
20 Jul 2011SoldReady
AED 1,626,888AED 1,107 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,626,888AED 1,107 per sqft

Source: Dubai Land Department. Updated 14 February 2016.

Key facts

Type
2-bed apartment
Size
1,469 sqft
Floor
3rd of 27
Parking
P1-1055
Developer
Emaar
Completed
2010
Service charge
AED 15,400 /yr
Last sold
AED 2.2M · October 2013
Building
Blakely

About 303, Blakely

303 is a two-bedroom apartment of 1,469 sqft on the 3rd floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 1 October 2013 for AED 2,200,000, or AED 1,497 per sqft, 19% above the AED 1,260 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 14 February 2016, is AED 126,000 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 15,400 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 1,626,888 (AED 1,107 per sqft)Sold, July 2011: AED 1,626,888 (AED 1,107 per sqft)Sold, October 2013: AED 2,200,000 (AED 1,497 per sqft)

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

Rents
Unit 303, 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, February 2014: AED 120,000 a yearRenewal, February 2015: AED 126,000 a yearRenewal, February 2016: AED 126,000 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 303 sits

All 52 2-beds →

303 last sold in October 2013 at AED 1,497 per sqft, 19% above what two-beds in Blakely were fetching at the time (AED 1,260). 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. 303's AED 126,000 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 3rd floor

All 164 units in Blakely
Value
3011-bedAED 1.01M · Feb 2013
3022-bedAED 1.6M · Jul 2011
3041-bedAED 1.04M · Feb 2011
3051-bedAED 1.35M · Jul 2025
3061-bedAED 471K · Apr 2011

303, Blakely in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,626,888, last on 1 October 2013 for AED 2,200,000 (AED 1,497 per sqft).
  • Rented since February 2014 on 3 Ejari contracts, from AED 120,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2013 price is 5.7%, 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 14 February 2016.

Questions about 303, Blakely

What did unit 303 last sell for?

AED 2,200,000 on 1 October 2013: AED 1,497 per sqft for 1,469 sqft. The unit has 3 registered sales; the first was AED 1,626,888 in March 2010.

What is the rent for unit 303?

AED 126,000 a year on the contract renewed on 14 February 2016. The previous contract, from February 2015, was AED 126,000; the unit has been rented since February 2014.

How big is unit 303?

1,469 sqft (136.5 sqm): a two-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2010.

What is unit 303 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 303, Blakely

Starts from the last sale price (AED 2.2M, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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