2-bed · 1,735 sqftBlakely, Dubai Marina · 1st floor · completed 2010

UG02, Blakely

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

Unit UG02 · DLD and Ejari recordsUpdated 12 July 2015
Last soldAED 2.11M4 March 2012
Current rentAED 145K /yr12 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UG02, Blakely

What is UG02 worth today?

Last sold for AED 2,107,888 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Jul 2015RentedNew contract
AED 145,000/yr12 months · AED 84 per sqft
12 Jul 2014RentedNew contract
AED 140,000/yr12 months · AED 81 per sqft
4 Mar 2012SoldReady
AED 2,107,888AED 1,214 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,107,888AED 1,214 per sqft

Source: Dubai Land Department. Updated 12 July 2015.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
1st of 27
Parking
P1-1083
Developer
Emaar
Completed
2010
Service charge
AED 18,200 /yr
Last sold
AED 2.11M · March 2012
Building
Blakely

About UG02, Blakely

UG02 is a two-bedroom apartment of 1,735 sqft on the 1st floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 4 March 2012 for AED 2,107,888, or AED 1,214 per sqft, 14% above the AED 1,064 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 12 July 2015, is AED 145,000 a year: a gross yield of 6.9% on the 2012 price, before the service charge of about AED 18,200 a year.

Sales and rents for UG02 over time

Sales
Unit UG02, 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 2,107,888 (AED 1,214 per sqft)Sold, March 2012: AED 2,107,888 (AED 1,214 per sqft)

UG02 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit UG02, 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 2014: AED 140,000 a yearNew contract, July 2015: AED 145,000 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 UG02 sits

All 52 2-beds →

UG02 last sold in March 2012 at AED 1,214 per sqft, 14% above what two-beds in Blakely were fetching at the time (AED 1,064). 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. UG02's AED 145,000 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 1st floor

All 164 units in Blakely
Value
1011-bedAED 1.15M · Mar 2018
1022-bedAED 1.6M · Jan 2017
1041-bedAED 32K · Aug 2026
1051-bedAED 1.45M · Sep 2014
1061-bedAED 926K · Oct 2011
UG011-bedAED 1.52M · Feb 2025
UG051-bedAED 1.3M · May 2014
1–7 of 8

UG02, Blakely in numbers

  • Sold twice: first on 2 March 2010 for AED 2,107,888, last on 4 March 2012 for AED 2,107,888 (AED 1,214 per sqft).
  • Rented since July 2014 on 2 Ejari contracts, from AED 140,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2012 price is 6.9%, before a service charge of about AED 18,200 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 12 July 2015.

Questions about UG02, Blakely

What did unit UG02 last sell for?

AED 2,107,888 on 4 March 2012: AED 1,214 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 2,107,888 in March 2010.

What is the rent for unit UG02?

AED 145,000 a year on the contract signed on 12 July 2015. The previous contract, from July 2014, was AED 140,000.

How big is unit UG02?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 1st floor of a 27-storey tower completed in 2010.

What is unit UG02 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.

Selling UG02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on UG02, Blakely

Starts from the last sale price (AED 2.11M, 4 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,107,888
Deposit, UAE resident (20%)
AED 421,578
Deposit, non-resident (40%)
AED 843,155
Monthly over 25 years at 3.7%
AED 8,624

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