1201, Dream Towers 1
Sold prices and rental history: sold 6 times, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Dream Towers 1
What is 1201 worth today?
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Source: Dubai Land Department. Updated 5 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 679 sqft
- Floor
- 12th of 29
- Parking
- B2-F1201
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 15,200 /yr
- Last sold
- AED 820K · August 2024
- Building
- Dream Towers 1
About 1201, Dream Towers 1
1201 is a one-bedroom apartment of 679 sqft on the 12th 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 1 August 2024 for AED 820,000, or AED 1,208 per sqft, 11% above the AED 1,093 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 January 2025, is AED 77,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 15,200 a year.
Sales and rents for 1201 over time
1201 has sold 6 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 1201 sits
All 231 1-beds →1201 last sold in August 2024 at AED 1,208 per sqft, 11% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,093). 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. 1201's AED 77,000 is in the lower half 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 12th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 774 sqft | AED 1.04MAED 1,038,000 · Feb 2014February 2014 | 59,480 /yr | |
| 1203 | 1-bed | 789 sqft | AED 875KAED 875,000 · Jun 2024June 2024 | 62,500 /yr | |
| 1204 | 1-bed | 731 sqft | AED 610KAED 610,000 · Aug 2022August 2022 | 70,000 /yr | |
| 1205 | 1-bed | 694 sqft | AED 960KAED 960,000 · Oct 2024October 2024 | 70,000 /yr | |
| 1206 | 2-bed | 1,251 sqft | No registered sale | 77,700 /yr | |
| 1207 | 2-bed | 1,251 sqft | No registered sale | 90,000 /yr | |
| 1208 | 1-bed | 678 sqft | AED 510KAED 510,000 · Dec 2021December 2021 | 47,000 /yr | |
| 1209 | 1-bed | 729 sqft | AED 535KAED 535,000 · Dec 2020December 2020 | 52,000 /yr | |
| 1210 | 1-bed | 798 sqft | AED 790KAED 790,000 · Mar 2024March 2024 | 60,000 /yr | |
| 1211 | 1-bed | 779 sqft | AED 705KAED 705,000 · Mar 2023March 2023 | 75,000 /yr | |
| 1212 | 1-bed | 637 sqft | AED 400KAED 400,000 · Oct 2010October 2010 | ||
| 1213 | 2-bed | 1,522 sqft | No registered sale | 90,000 /yr | |
| 1214 | 2-bed | 1,522 sqft | No registered sale | 80,000 /yr |
1201, Dream Towers 1 in numbers
- Sold 6 times: first on 20 October 2010 for AED 305,000, last on 1 August 2024 for AED 820,000 (AED 1,208 per sqft).
- Rented since January 2018 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2020 and recovered to AED 77,000 by January 2025.
- At AED 77,000 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 15,200 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 January 2025.
Questions about 1201, Dream Towers 1
What did unit 1201 last sell for?
AED 820,000 on 1 August 2024: AED 1,208 per sqft for 679 sqft. The unit has 6 registered sales; the first was AED 305,000 in October 2010.
What is the rent for unit 1201?
AED 77,000 a year on the contract signed on 5 January 2025. The previous contract, from January 2024, was AED 70,000; the unit has been rented since January 2018.
How big is unit 1201?
679 sqft (63.1 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2009.
What is unit 1201 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 1201, Dream Towers 1
Starts from the last sale price (AED 820K, 1 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →