1-bed · 729 sqftDream Towers 1, Dubai Marina · 12th floor · completed 2009

1209, Dream Towers 1

Sold prices and rental history: sold 4 times, last in December 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 20 December 2020
Last soldAED 535K20 December 2020
Current rentAED 52K /yr7 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Dream Towers 1

What is 1209 worth today?

Last sold for AED 535,000 in 2020

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20 Dec 2020SoldReady
AED 535,000AED 734 per sqft
7 Feb 2019RentedNew contract
AED 52,000/yr12 months · AED 71 per sqft
16 Mar 2017RentedRenewal
AED 76,100/yr12 months · AED 104 per sqft
16 Mar 2016RentedNew contract
AED 72,500/yr12 months · AED 99 per sqft
3 Jul 2015RentedNew contract
AED 60,000/yr12 months · AED 82 per sqft
3 Jul 2014RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
13 Apr 2014SoldReady
AED 910,000AED 1,249 per sqft
3 Jul 2013RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 20 December 2020.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
12th of 29
Parking
B2-F1209
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 16,300 /yr
Last sold
AED 535K · December 2020

About 1209, Dream Towers 1

1209 is a one-bedroom apartment of 729 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 20 December 2020 for AED 535,000, or AED 734 per sqft, in line with the AED 745 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 7 February 2019, is AED 52,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, 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, October 2010: AED 297,000 (AED 407 per sqft)Sold, June 2012: AED 760,000 (AED 1,043 per sqft)Sold, April 2014: AED 910,000 (AED 1,249 per sqft)Sold, December 2020: AED 535,000 (AED 734 per sqft)

1209 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1209, 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 2013: AED 50,000 a yearNew contract, July 2014: AED 50,000 a yearNew contract, July 2015: AED 60,000 a yearNew contract, March 2016: AED 72,500 a yearRenewal, March 2017: AED 76,100 a yearNew contract, February 2019: AED 52,000 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 1209 sits

All 231 1-beds →

1209 last sold in December 2020 at AED 734 per sqft, in line with what one-beds in Dream Towers 1 were fetching at the time (AED 745). 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. 1209's AED 52,000 is at the bottom 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
12041-bedAED 610K · Aug 2022
12051-bedAED 960K · Oct 2024
12062-bedNo registered sale
12072-bedNo registered sale
1–7 of 13

1209, Dream Towers 1 in numbers

  • Sold 4 times: first on 13 October 2010 for AED 297,000, last on 20 December 2020 for AED 535,000 (AED 734 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 50,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 16,300 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 20 December 2020.

Questions about 1209, Dream Towers 1

What did unit 1209 last sell for?

AED 535,000 on 20 December 2020: AED 734 per sqft for 729 sqft. The unit has 4 registered sales; the first was AED 297,000 in October 2010.

What is the rent for unit 1209?

AED 52,000 a year on the contract signed on 7 February 2019. The previous contract, from March 2017, was AED 76,100; the unit has been rented since July 2013.

How big is unit 1209?

729 sqft (67.7 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2009.

What is unit 1209 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 1209, Dream Towers 1

Starts from the last sale price (AED 535K, 20 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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