2902, Dream Towers 1
Sold prices and rental history: sold once, by the developer in April 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2902, Dream Towers 1
What is 2902 worth today?
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Source: Dubai Land Department. Updated 29 April 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 6,624 sqft
- Floor
- 29th of 29
- Parking
- B1-F2902
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 148,400 /yr
- Last sold
- AED 6.5M · April 2024
- Building
- Dream Towers 1
About 2902, Dream Towers 1
2902 is a four-bedroom apartment of 6,624 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 29 April 2024 for AED 6,500,000, or AED 981 per sqft.
It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 220,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 148,400 a year.
4-beds in Dream Towers 1, and where 2902 sits
All 2 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Apr 202426 April 2024 | 6,869 sqft | 6,500,000 | 946 |
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 29th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 4-bed | 6,869 sqft | AED 6.5MAED 6,500,000 · Apr 2024April 2024 | 250,000 /yr |
2902, Dream Towers 1 in numbers
- Sold once: by Desert Dream Investments & Development Properties on 29 April 2024 for AED 6,500,000, or AED 981 per sqft.
- Rented since April 2017 on 3 Ejari contracts, from AED 260,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 148,400 a year (AED 22.41 per sqft).
Source: Dubai Land Department. Updated 29 April 2024.
Questions about 2902, Dream Towers 1
What did unit 2902 last sell for?
AED 6,500,000 on 29 April 2024, sold by the developer: AED 981 per sqft for 6,624 sqft. It is the only registered sale of the unit.
What is the rent for unit 2902?
AED 220,000 a year on the contract renewed on 1 July 2021. The previous contract, from April 2020, was AED 234,000; the unit has been rented since April 2017.
How big is unit 2902?
6,624 sqft (615.4 sqm): a four-bedroom apartment on the 29th floor of a 29-storey tower completed in 2009.
What is unit 2902 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 2902, Dream Towers 1
Starts from the last sale price (AED 6.5M, 29 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 →