1203, Dream Towers 1
Sold prices and rental history: sold 6 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Dream Towers 1
What is 1203 worth today?
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Source: Dubai Land Department. Updated 14 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 12th of 29
- Parking
- B2-F1203
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 17,700 /yr
- Last sold
- AED 875K · June 2024
- Building
- Dream Towers 1
About 1203, Dream Towers 1
1203 is a one-bedroom apartment of 789 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 14 June 2024 for AED 875,000, or AED 1,108 per sqft, 7% above the AED 1,031 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 17 March 2023, is AED 62,500 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 17,700 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 231 1-beds →1203 last sold in June 2024 at AED 1,108 per sqft, 7% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,031). 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. 1203's AED 62,500 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 | |
| 1202 | 1-bed | 774 sqft | AED 1.04MAED 1,038,000 · Feb 2014February 2014 | 59,480 /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 |
1203, Dream Towers 1 in numbers
- Sold 6 times: first on 30 June 2010 for AED 334,500, last on 14 June 2024 for AED 875,000 (AED 1,108 per sqft).
- Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 64,000 to AED 10,000 in 2019 and recovered to AED 62,500 by March 2023.
- At AED 62,500 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 17,700 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 14 June 2024.
Questions about 1203, Dream Towers 1
What did unit 1203 last sell for?
AED 875,000 on 14 June 2024: AED 1,108 per sqft for 789 sqft. The unit has 6 registered sales; the first was AED 334,500 in June 2010.
What is the rent for unit 1203?
AED 62,500 a year on the contract signed on 17 March 2023. The previous contract, from April 2021, was AED 50,270; the unit has been rented since April 2013.
How big is unit 1203?
789 sqft (73.3 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2009.
What is unit 1203 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 1203, Dream Towers 1
Starts from the last sale price (AED 875K, 14 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →