1-bed · 694 sqftDream Towers 1, Dubai Marina · 10th floor · completed 2009

1005, Dream Towers 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 6 September 2023
Last soldAED 770K6 September 2023
Current rentAED 85K /yr31 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Dream Towers 1

What is 1005 worth today?

Last sold for AED 770,000 in 2023

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6 Sep 2023SoldReady
AED 770,000AED 1,108 per sqft
31 Jan 2016RentedRenewal
AED 84,748/yr12 months · AED 121 per sqft
31 Jan 2015RentedNew contract
AED 85,000/yr12 months · AED 121 per sqft
23 Dec 2014SoldReady
AED 950,000AED 1,367 per sqft
18 Aug 2013RentedNew contract
AED 65,000/yr12 months · AED 93 per sqft
26 Oct 2010Sold by developerReady
AED 463,000AED 666 per sqft

Source: Dubai Land Department. Updated 6 September 2023.

Key facts

Type
1-bed apartment
Size
694 sqft
Floor
10th of 29
Parking
B2-F1005
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 770K · September 2023

About 1005, Dream Towers 1

1005 is a one-bedroom apartment of 694 sqft on the 10th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. It last sold on 6 September 2023 for AED 770,000, or AED 1,108 per sqft, 16% above the AED 954 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 31 January 2016, is AED 84,748 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical one-bed in Dream Towers 1
500K1M2010201520202025Typical sale price by year: 2010 AED 334,500; 2011 AED 458,000; 2012 AED 550,000; 2013 AED 788,500; 2014 AED 1,000,000; 2015 AED 880,000; 2016 AED 842,500; 2017 AED 800,000; 2019 AED 600,000; 2020 AED 535,000; 2021 AED 500,000; 2022 AED 600,000; 2023 AED 710,000; 2024 AED 860,000; 2025 AED 982,500; 2026 AED 1,100,000Sold by developer, October 2010: AED 463,000 (AED 666 per sqft)Sold, December 2014: AED 950,000 (AED 1,367 per sqft)Sold, September 2023: AED 770,000 (AED 1,108 per sqft)

1005 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, each contractTypical one-bed in Dream Towers 1
50K75K2012201620202024Typical rent by year: 2012 AED 57,500; 2013 AED 65,000; 2014 AED 78,000; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 47,000; 2023 AED 59,000; 2024 AED 67,000; 2025 AED 70,000; 2026 AED 67,000New contract, August 2013: AED 65,000 a yearNew contract, January 2015: AED 85,000 a yearRenewal, January 2016: AED 84,748 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 Dream Towers 1, and where 1005 sits

All 231 1-beds →

1005 last sold in September 2023 at AED 1,108 per sqft, 16% above what one-beds in Dream Towers 1 were fetching at the time (AED 954). Over the last 12 months one-beds sold for AED 900,000 to 1,150,000, around AED 1,352 per sqft, and rent for AED 52,000 to 170,002 a year. 1005's AED 84,748 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 2026900,000
10 Mar 20261,100,000
2 Feb 20261,150,000
17 Nov 20251,000,000
4 1-bed sales in the last 12 months

Dream Towers 1

Building

359 apartments, 1-bed to 4-bed over 29 floors in Dubai Marina, completed in 2009 by Desert Dream Investments & Development Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 1,352
Typical sale
AED 1.05M
Typical rent
AED 75K /yr
Typical yield
6.0%
Dream Towers 1, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 359 units in Dream Towers 1
Value
10011-bedAED 750K · Oct 2023
10021-bedAED 640K · Feb 2013
10031-bedAED 433K · Apr 2011
10041-bedAED 1M · Aug 2015
10062-bedNo registered sale
10072-bedNo registered sale
10081-bedAED 454K · Oct 2010
1–7 of 13

1005, Dream Towers 1 in numbers

  • Sold 3 times: first on 26 October 2010 for AED 463,000, last on 6 September 2023 for AED 770,000 (AED 1,108 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 65,000 to AED 84,748 a year.
  • At AED 84,748 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 15,600 a year (AED 22.41 per sqft).
  • One-beds in Dream Towers 1 sold for AED 900,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,352 per sqft.

Source: Dubai Land Department. Updated 6 September 2023.

Questions about 1005, Dream Towers 1

What did unit 1005 last sell for?

AED 770,000 on 6 September 2023: AED 1,108 per sqft for 694 sqft. The unit has 3 registered sales; the first was AED 463,000 in October 2010.

What is the rent for unit 1005?

AED 84,748 a year on the contract renewed on 31 January 2016. The previous contract, from January 2015, was AED 85,000; the unit has been rented since August 2013.

How big is unit 1005?

694 sqft (64.5 sqm): a one-bedroom apartment on the 10th floor of a 29-storey tower completed in 2009.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dream Towers 1 sold for AED 900,000 to 1,150,000 in the last 12 months, around AED 1,352 per sqft.

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Mortgage on 1005, Dream Towers 1

Starts from the last sale price (AED 770K, 6 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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