1012, Dream Towers 1
Sold prices and rental history: sold 3 times, last in February 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1012, Dream Towers 1
What is 1012 worth today?
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Source: Dubai Land Department. Updated 5 February 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 637 sqft
- Floor
- 10th of 29
- Parking
- B2-F1012
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 14,300 /yr
- Last sold
- AED 475K · February 2020
- Building
- Dream Towers 1
About 1012, Dream Towers 1
1012 is a one-bedroom apartment of 637 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 5 February 2020 for AED 475,000, or AED 745 per sqft, 4% below the AED 780 one-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 14 December 2019, is AED 41,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1012 over time
1012 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1012 sits
All 231 1-beds →1012 last sold in February 2020 at AED 745 per sqft, 4% below what one-beds in Dream Towers 1 were fetching at the time (AED 780). 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. 1012's AED 41,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 694 sqft | 900,000 | 1,297 | ||
| 10 Mar 202610 March 2026 | 782 sqft | 1,100,000 | 1,406 | ||
| 2 Feb 20262 February 2026 | 678 sqft | 1,150,000 | 1,696 | ||
| 17 Nov 202517 November 2025 | 779 sqft | 1,000,000 | 1,284 |
Dream Towers 1
Building359 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%
Other units on the 10th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 679 sqft | AED 750KAED 750,000 · Oct 2023October 2023 | 68,000 /yr | |
| 1002 | 1-bed | 774 sqft | AED 640KAED 640,000 · Feb 2013February 2013 | 65,000 /yr | |
| 1003 | 1-bed | 789 sqft | AED 433KAED 433,000 · Apr 2011April 2011 | 60,500 /yr | |
| 1004 | 1-bed | 731 sqft | AED 1MAED 1,000,000 · Aug 2015August 2015 | 63,000 /yr | |
| 1005 | 1-bed | 694 sqft | AED 770KAED 770,000 · Sep 2023September 2023 | 84,748 /yr | |
| 1006 | 2-bed | 1,251 sqft | No registered sale | 84,996 /yr | |
| 1007 | 2-bed | 1,251 sqft | No registered sale | 79,000 /yr | |
| 1008 | 1-bed | 678 sqft | AED 454KAED 454,000 · Oct 2010October 2010 | 75,000 /yr | |
| 1009 | 1-bed | 729 sqft | AED 710KAED 710,000 · Jun 2023June 2023 | 60,000 /yr | |
| 1010 | 1-bed | 798 sqft | AED 545KAED 545,000 · Dec 2011December 2011 | 75,000 /yr | |
| 1011 | 1-bed | 779 sqft | AED 550KAED 550,000 · Feb 2020February 2020 | 56,000 /yr | |
| 1013 | 2-bed | 1,522 sqft | No registered sale | 90,000 /yr | |
| 1014 | 2-bed | 1,522 sqft | No registered sale | 86,000 /yr |
1012, Dream Towers 1 in numbers
- Sold 3 times: first on 16 September 2010 for AED 297,070, last on 5 February 2020 for AED 475,000 (AED 745 per sqft).
- Rented since December 2015 on 2 Ejari contracts, from AED 78,000 to AED 41,000 a year.
- At AED 41,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 14,300 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 5 February 2020.
Questions about 1012, Dream Towers 1
What did unit 1012 last sell for?
AED 475,000 on 5 February 2020: AED 745 per sqft for 637 sqft. The unit has 3 registered sales; the first was AED 297,070 in September 2010.
What is the rent for unit 1012?
AED 41,000 a year on the contract signed on 14 December 2019. The previous contract, from December 2015, was AED 78,000.
How big is unit 1012?
637 sqft (59.2 sqm): a one-bedroom apartment on the 10th floor of a 29-storey tower completed in 2009.
What is unit 1012 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 1012, Dream Towers 1
Starts from the last sale price (AED 475K, 5 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →