1-bed · 731 sqftDream Towers 1, Dubai Marina · 12th floor · completed 2009

1204, Dream Towers 1

Sold prices and rental history: sold 4 times, last in August 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 5 July 2025
Last soldAED 610K16 August 2022
Current rentAED 70K /yr5 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Dream Towers 1

What is 1204 worth today?

Last sold for AED 610,000 in 2022

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5 Jul 2025RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
5 Jul 2025RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
10 Apr 2024RentedNew contract
AED 62,100/yr12 months · AED 85 per sqft
10 Apr 2024RentedNew contract
AED 62,100/yr12 months · AED 85 per sqft
16 Aug 2022SoldReady
AED 610,000AED 834 per sqft
10 Apr 2022RentedNew contract
AED 45,000/yr12 months · AED 62 per sqft
20 May 2021RentedRenewal
AED 45,000/yr12 months · AED 61 per sqft
20 May 2020RentedRenewal
AED 50,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 5 July 2025.

Key facts

Type
1-bed apartment
Size
731 sqft
Floor
12th of 29
Parking
B2-F1204
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 16,400 /yr
Last sold
AED 610K · August 2022

About 1204, Dream Towers 1

1204 is a one-bedroom apartment of 731 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 16 August 2022 for AED 610,000, or AED 834 per sqft, in line with the AED 828 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 5 July 2025, is AED 70,000 a year: a gross yield of 11.5% on the 2022 price, before the service charge of about AED 16,400 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, August 2010: AED 305,000 (AED 417 per sqft)Sold, March 2012: AED 400,000 (AED 546 per sqft)Sold, January 2017: AED 805,000 (AED 1,100 per sqft)Sold, August 2022: AED 610,000 (AED 834 per sqft)

1204 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, 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, July 2012: AED 55,000 a yearNew contract, July 2015: AED 75,000 a yearNew contract, February 2017: AED 75,000 a yearNew contract, May 2018: AED 60,000 a yearRenewal, May 2019: AED 55,000 a yearRenewal, May 2020: AED 50,000 a yearRenewal, May 2021: AED 45,000 a yearNew contract, April 2022: AED 45,000 a yearNew contract, April 2024: AED 62,100 a yearNew contract, April 2024: AED 62,100 a yearNew contract, July 2025: AED 70,000 a yearNew contract, July 2025: AED 70,000 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 1204 sits

All 231 1-beds →

1204 last sold in August 2022 at AED 834 per sqft, in line with what one-beds in Dream Towers 1 were fetching at the time (AED 828). 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. 1204's AED 70,000 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 12th floor

All 359 units in Dream Towers 1
Value
12011-bedAED 820K · Aug 2024
12021-bedAED 1.04M · Feb 2014
12031-bedAED 875K · Jun 2024
12051-bedAED 960K · Oct 2024
12062-bedNo registered sale
12072-bedNo registered sale
12081-bedAED 510K · Dec 2021
1–7 of 13

1204, Dream Towers 1 in numbers

  • Sold 4 times: first on 3 August 2010 for AED 305,000, last on 16 August 2022 for AED 610,000 (AED 834 per sqft).
  • Rented since July 2012 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2022 and recovered to AED 70,000 by July 2025.
  • At AED 70,000 a year the gross yield on the 2022 price is 11.5%, before a service charge of about AED 16,400 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 5 July 2025.

Questions about 1204, Dream Towers 1

What did unit 1204 last sell for?

AED 610,000 on 16 August 2022: AED 834 per sqft for 731 sqft. The unit has 4 registered sales; the first was AED 305,000 in August 2010.

What is the rent for unit 1204?

AED 70,000 a year on the contract signed on 5 July 2025. The previous contract, from July 2025, was AED 70,000; the unit has been rented since July 2012.

How big is unit 1204?

731 sqft (67.9 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2009.

What is unit 1204 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 1204, Dream Towers 1

Starts from the last sale price (AED 610K, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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