1-bed · 637 sqftDream Towers 1, Dubai Marina · 3rd floor · completed 2009

312, Dream Towers 1

Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 815K7 August 2024
Current rentAED 60K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Dream Towers 1

What is 312 worth today?

Last sold for AED 815,000 in 2024

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7 Aug 2024SoldReady
AED 815,000AED 1,279 per sqft
1 Apr 2023RentedNew contract
AED 60,000/yr12 months · AED 94 per sqft
10 Feb 2022RentedNew contract
AED 45,000/yr12 months · AED 71 per sqft
15 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
30 Oct 2019SoldReady
AED 400,000AED 628 per sqft
15 Sep 2018RentedNew contract
AED 60,000/yr12 months · AED 94 per sqft
24 Jan 2011SoldReady
AED 600,000AED 942 per sqft
27 Oct 2010Sold by developerReady
AED 750,000AED 1,177 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
1-bed apartment
Size
637 sqft
Floor
3rd of 29
Parking
B2-F312
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 815K · August 2024

About 312, Dream Towers 1

312 is a one-bedroom apartment of 637 sqft on the 3rd 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 7 August 2024 for AED 815,000, or AED 1,279 per sqft, 17% above the AED 1,093 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 April 2023, is AED 60,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 750,000 (AED 1,177 per sqft)Sold, January 2011: AED 600,000 (AED 942 per sqft)Sold, October 2019: AED 400,000 (AED 628 per sqft)Sold, August 2024: AED 815,000 (AED 1,279 per sqft)

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

Rents
Unit 312, 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, September 2018: AED 60,000 a yearNew contract, December 2020: AED 40,000 a yearNew contract, February 2022: AED 45,000 a yearNew contract, April 2023: AED 60,000 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 312 sits

All 231 1-beds →

312 last sold in August 2024 at AED 1,279 per sqft, 17% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,093). 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. 312's AED 60,000 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 3rd floor

All 359 units in Dream Towers 1
Value
3011-bedAED 535K · Dec 2019
3021-bedAED 560K · Apr 2012
3031-bedAED 685K · Feb 2019
3041-bedAED 650K · Oct 2013
3051-bedAED 1.1M · Jun 2025
3062-bedNo registered sale
3072-bedNo registered sale
1–7 of 13

312, Dream Towers 1 in numbers

  • Sold 4 times: first on 27 October 2010 for AED 750,000, last on 7 August 2024 for AED 815,000 (AED 1,279 per sqft).
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2020 and recovered to AED 60,000 by April 2023.
  • At AED 60,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 14,300 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 7 August 2024.

Questions about 312, Dream Towers 1

What did unit 312 last sell for?

AED 815,000 on 7 August 2024: AED 1,279 per sqft for 637 sqft. The unit has 4 registered sales; the first was AED 750,000 in October 2010.

What is the rent for unit 312?

AED 60,000 a year on the contract signed on 1 April 2023. The previous contract, from February 2022, was AED 45,000; the unit has been rented since September 2018.

How big is unit 312?

637 sqft (59.2 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2009.

What is unit 312 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 312, Dream Towers 1

Starts from the last sale price (AED 815K, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

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