1208, Dream Towers 1
Sold prices and rental history: sold 4 times, last in December 2021, 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 1208, Dream Towers 1
What is 1208 worth today?
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Source: Dubai Land Department. Updated 22 December 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 678 sqft
- Floor
- 12th of 29
- Parking
- B2-F1208
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 15,200 /yr
- Last sold
- AED 510K · December 2021
- Building
- Dream Towers 1
About 1208, Dream Towers 1
1208 is a one-bedroom apartment of 678 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 22 December 2021 for AED 510,000, or AED 752 per sqft, 10% above the AED 686 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 10 March 2020, is AED 47,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 15,200 a year.
Sales and rents for 1208 over time
1208 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 1208 sits
All 231 1-beds →1208 last sold in December 2021 at AED 752 per sqft, 10% above what one-beds in Dream Towers 1 were fetching at the time (AED 686). 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. 1208's AED 47,000 is at the bottom 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 | |
| 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 | |
| 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 |
1208, Dream Towers 1 in numbers
- Sold 4 times: first on 20 October 2010 for AED 351,600, last on 22 December 2021 for AED 510,000 (AED 752 per sqft).
- Rented since November 2013 on 4 Ejari contracts, from AED 63,000 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2021 price is 9.2%, 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 22 December 2021.
Questions about 1208, Dream Towers 1
What did unit 1208 last sell for?
AED 510,000 on 22 December 2021: AED 752 per sqft for 678 sqft. The unit has 4 registered sales; the first was AED 351,600 in October 2010.
What is the rent for unit 1208?
AED 47,000 a year on the contract signed on 10 March 2020. The previous contract, from January 2018, was AED 65,000; the unit has been rented since November 2013.
How big is unit 1208?
678 sqft (63.0 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2009.
What is unit 1208 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 1208, Dream Towers 1
Starts from the last sale price (AED 510K, 22 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 510,000
- Deposit, UAE resident (20%)
- AED 102,000
- Deposit, non-resident (40%)
- AED 204,000
- Monthly over 25 years at 3.7%
- AED 2,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →