1202, Dream Towers 1
Sold prices and rental history: sold 4 times, last in February 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Dream Towers 1
What is 1202 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 774 sqft
- Floor
- 12th of 29
- Parking
- B2-F1202
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 17,300 /yr
- Last sold
- AED 1.04M · February 2014
- Building
- Dream Towers 1
About 1202, Dream Towers 1
1202 is a one-bedroom apartment of 774 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 2 February 2014 for AED 1,038,000, or AED 1,341 per sqft, 28% above the AED 1,048 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 16 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 59,480 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 17,300 a year.
Sales and rents for 1202 over time
1202 has sold 4 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 1202 sits
All 231 1-beds →1202 last sold in February 2014 at AED 1,341 per sqft, 28% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,048). 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. 1202's AED 59,480 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 | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 679 sqft | AED 820KAED 820,000 · Aug 2024August 2024 | 77,000 /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 |
1202, Dream Towers 1 in numbers
- Sold 4 times: first on 30 June 2010 for AED 334,500, last on 2 February 2014 for AED 1,038,000 (AED 1,341 per sqft).
- Rented since August 2017 on 16 Ejari contracts. The rent fell from AED 62,831 to AED 45,000 in 2022 and recovered to AED 59,480 by August 2024.
- At AED 59,480 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 17,300 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 1 August 2024.
Questions about 1202, Dream Towers 1
What did unit 1202 last sell for?
AED 1,038,000 on 2 February 2014: AED 1,341 per sqft for 774 sqft. The unit has 4 registered sales; the first was AED 334,500 in June 2010.
What is the rent for unit 1202?
AED 59,480 a year on the contract renewed on 1 August 2024. The previous contract, from August 2024, was AED 59,480; the unit has been rented since August 2017.
How big is unit 1202?
774 sqft (71.9 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2009.
What is unit 1202 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 1202, Dream Towers 1
Starts from the last sale price (AED 1.04M, 2 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,038,000
- Deposit, UAE resident (20%)
- AED 207,600
- Deposit, non-resident (40%)
- AED 415,200
- Monthly over 25 years at 3.7%
- AED 4,247
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →