1-bed · 789 sqftDream Towers 1, Dubai Marina · 2nd floor · completed 2009

203, Dream Towers 1

Sold prices and rental history: sold 3 times, last in November 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 December 2017
Last soldAED 825K11 November 2013
Current rentAED 75K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Dream Towers 1

What is 203 worth today?

Last sold for AED 825,000 in 2013

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1 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 95 per sqft
20 Nov 2013RentedNew contract
AED 73,000/yr12 months · AED 93 per sqft
11 Nov 2013SoldReady
AED 825,000AED 1,045 per sqft
6 Oct 2013SoldReady
AED 833,334AED 1,055 per sqft
23 Jun 2010Sold by developerReady
AED 334,500AED 423 per sqft

Source: Dubai Land Department. Updated 1 December 2017.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
2nd of 29
Parking
B2-F203
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 17,700 /yr
Last sold
AED 825K · November 2013

About 203, Dream Towers 1

203 is a one-bedroom apartment of 789 sqft on the 2nd 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 11 November 2013 for AED 825,000, or AED 1,045 per sqft, 4% above the AED 1,007 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 December 2017, is AED 75,000 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 17,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, June 2010: AED 334,500 (AED 423 per sqft)Sold, October 2013: AED 833,334 (AED 1,055 per sqft)Sold, November 2013: AED 825,000 (AED 1,045 per sqft)

203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, 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, November 2013: AED 73,000 a yearNew contract, December 2017: AED 75,000 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 203 sits

All 231 1-beds →

203 last sold in November 2013 at AED 1,045 per sqft, 4% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,007). 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. 203's AED 75,000 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 2nd floor

All 359 units in Dream Towers 1
Value
2011-bedAED 750K · Oct 2017
2021-bedAED 434K · Jul 2010
2041-bedAED 410K · Oct 2013
2051-bedAED 613K · Nov 2022
2062-bedNo registered sale
2072-bedNo registered sale
2081-bedAED 750K · Sep 2023
1–7 of 13

203, Dream Towers 1 in numbers

  • Sold 3 times: first on 23 June 2010 for AED 334,500, last on 11 November 2013 for AED 825,000 (AED 1,045 per sqft).
  • Rented since November 2013 on 2 Ejari contracts, from AED 73,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2013 price is 9.1%, 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 1 December 2017.

Questions about 203, Dream Towers 1

What did unit 203 last sell for?

AED 825,000 on 11 November 2013: AED 1,045 per sqft for 789 sqft. The unit has 3 registered sales; the first was AED 334,500 in June 2010.

What is the rent for unit 203?

AED 75,000 a year on the contract signed on 1 December 2017. The previous contract, from November 2013, was AED 73,000.

How big is unit 203?

789 sqft (73.3 sqm): a one-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2009.

What is unit 203 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 203, Dream Towers 1

Starts from the last sale price (AED 825K, 11 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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