1-bed · 779 sqftDream Towers 1, Dubai Marina · 11th floor · completed 2009

1111, Dream Towers 1

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 446K30 May 2011
Current rentAED 63K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1111, Dream Towers 1

What is 1111 worth today?

Last sold for AED 446,000 in 2011

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15 Sep 2024RentedRenewal
AED 63,360/yr12 months · AED 82 per sqft
15 Sep 2024RentedRenewal
AED 63,360/yr12 months · AED 82 per sqft
15 Sep 2023RentedRenewal
AED 52,800/yr12 months · AED 68 per sqft
15 Sep 2022RentedRenewal
AED 48,000/yr12 months · AED 62 per sqft
15 Sep 2021RentedRenewal
AED 44,000/yr12 months · AED 57 per sqft
15 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
1 Jan 2020RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
15 Sep 2018RentedRenewal
AED 60,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
11th of 29
Parking
B2-F1111
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 17,400 /yr
Last sold
AED 446K · May 2011

About 1111, Dream Towers 1

1111 is a one-bedroom apartment of 779 sqft on the 11th 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 30 May 2011 for AED 446,000, or AED 572 per sqft, 9% above the AED 527 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 63,360 a year: a gross yield of 14.2% on the 2011 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, June 2010: AED 326,000 (AED 418 per sqft)Sold, May 2011: AED 446,000 (AED 572 per sqft)

1111 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1111, each contractTypical one-bed in Dream Towers 1
40K60K80K2012201620202024Typical 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 2012: AED 55,000 a yearNew contract, September 2014: AED 80,000 a yearRenewal, September 2015: AED 84,000 a yearRenewal, September 2016: AED 84,000 a yearNew contract, September 2017: AED 66,000 a yearRenewal, September 2018: AED 60,000 a yearNew contract, January 2020: AED 45,000 a yearNew contract, September 2020: AED 40,000 a yearRenewal, September 2021: AED 44,000 a yearRenewal, September 2022: AED 48,000 a yearRenewal, September 2023: AED 52,800 a yearRenewal, September 2024: AED 63,360 a yearRenewal, September 2024: AED 63,360 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 1111 sits

All 231 1-beds →

1111 last sold in May 2011 at AED 572 per sqft, 9% above what one-beds in Dream Towers 1 were fetching at the time (AED 527). 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. 1111's AED 63,360 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 11th floor

All 359 units in Dream Towers 1
Value
11011-bedAED 560K · Jun 2022
11021-bedAED 475K · Oct 2010
11031-bedAED 580K · Oct 2011
11041-bedAED 540K · Mar 2011
11051-bedAED 600K · Jun 2022
11062-bedNo registered sale
11072-bedNo registered sale
1–7 of 13

1111, Dream Towers 1 in numbers

  • Sold twice: first on 30 June 2010 for AED 326,000, last on 30 May 2011 for AED 446,000 (AED 572 per sqft).
  • Rented since August 2012 on 13 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2020 and recovered to AED 63,360 by September 2024.
  • At AED 63,360 a year the gross yield on the 2011 price is 14.2%, before a service charge of about AED 17,400 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 15 September 2024.

Questions about 1111, Dream Towers 1

What did unit 1111 last sell for?

AED 446,000 on 30 May 2011: AED 572 per sqft for 779 sqft. The unit has 2 registered sales; the first was AED 326,000 in June 2010.

What is the rent for unit 1111?

AED 63,360 a year on the contract renewed on 15 September 2024. The previous contract, from September 2024, was AED 63,360; the unit has been rented since August 2012.

How big is unit 1111?

779 sqft (72.4 sqm): a one-bedroom apartment on the 11th floor of a 29-storey tower completed in 2009.

What is unit 1111 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 1111, Dream Towers 1

Starts from the last sale price (AED 446K, 30 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 446,000
Deposit, UAE resident (20%)
AED 89,200
Deposit, non-resident (40%)
AED 178,400
Monthly over 25 years at 3.7%
AED 1,825

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