4-bed · 6,869 sqftDream Towers 1, Dubai Marina · 29th floor · completed 2009

2901, Dream Towers 1

Sold prices and rental history: sold once, by the developer in April 2024, and rented once, from January 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 6.5M26 April 2024
Current rentAED 250K /yr1 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Dream Towers 1

What is 2901 worth today?

Last sold for AED 6,500,000 in 2024

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26 Apr 2024Sold by developerReady
AED 6,500,000AED 946 per sqft
1 Jan 2018RentedNew contract
AED 250,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
4-bed apartment
Size
6,869 sqft
Floor
29th of 29
Parking
B1-F2901
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 153,900 /yr
Last sold
AED 6.5M · April 2024

About 2901, Dream Towers 1

2901 is a four-bedroom apartment of 6,869 sqft on the 29th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. The developer sold it on 26 April 2024 for AED 6,500,000, or AED 946 per sqft.

One Ejari contract is registered, from 1 January 2018. The current contract, signed on 1 January 2018, is AED 250,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 153,900 a year.

4-beds in Dream Towers 1, and where 2901 sits

All 2 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
29 Apr 20246,500,000
0 4-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 29th floor

All 359 units in Dream Towers 1
Value
29024-bedAED 6.5M · Apr 2024

2901, Dream Towers 1 in numbers

  • Sold once: by Desert Dream Investments & Development Properties on 26 April 2024 for AED 6,500,000, or AED 946 per sqft.
  • Rented since January 2018 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 153,900 a year (AED 22.41 per sqft).

Source: Dubai Land Department. Updated 26 April 2024.

Questions about 2901, Dream Towers 1

What did unit 2901 last sell for?

AED 6,500,000 on 26 April 2024, sold by the developer: AED 946 per sqft for 6,869 sqft. It is the only registered sale of the unit.

What is the rent for unit 2901?

AED 250,000 a year on the contract signed on 1 January 2018.

How big is unit 2901?

6,869 sqft (638.2 sqm): a four-bedroom apartment on the 29th floor of a 29-storey tower completed in 2009.

What is unit 2901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2901, Dream Towers 1

Starts from the last sale price (AED 6.5M, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,500,000
Deposit, UAE resident (20%)
AED 1,300,000
Deposit, non-resident (40%)
AED 2,600,000
Monthly over 25 years at 3.7%
AED 26,594

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