1-bed · 735 sqftDream Towers 1, Dubai Marina · 7th floor · completed 2009

704, Dream Towers 1

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 450K7 December 2021
Current rentAED 65K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Dream Towers 1

What is 704 worth today?

Last sold for AED 450,000 in 2021

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1 Jul 2026RentedNew contract
AED 65,000/yr12 months · AED 89 per sqft
13 Feb 2025RentedRenewal
AED 73,500/yr12 months · AED 100 per sqft
13 Feb 2024RentedRenewal
AED 73,500/yr12 months · AED 100 per sqft
13 Feb 2023RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
8 Jan 2022RentedNew contract
AED 42,000/yr12 months · AED 57 per sqft
7 Dec 2021SoldReady
AED 450,000AED 611 per sqft
3 Dec 2020RentedRenewal
AED 38,000/yr12 months · AED 52 per sqft
3 Dec 2019RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
735 sqft
Floor
7th of 29
Parking
B2-F704
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 16,500 /yr
Last sold
AED 450K · December 2021

About 704, Dream Towers 1

704 is a one-bedroom apartment of 735 sqft on the 7th 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 December 2021 for AED 450,000, or AED 611 per sqft, 11% below the AED 686 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 1 July 2026, is AED 65,000 a year: a gross yield of 14.4% on the 2021 price, before the service charge of about AED 16,500 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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 305,000 (AED 414 per sqft)Sold, April 2011: AED 395,000 (AED 537 per sqft)Sold, December 2021: AED 450,000 (AED 611 per sqft)

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

Rents
Unit 704, 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, August 2012: AED 55,000 a yearNew contract, August 2013: AED 57,750 a yearNew contract, July 2014: AED 78,000 a yearNew contract, July 2015: AED 82,000 a yearNew contract, September 2017: AED 70,000 a yearRenewal, September 2018: AED 70,000 a yearNew contract, December 2019: AED 48,000 a yearRenewal, December 2020: AED 38,000 a yearNew contract, January 2022: AED 42,000 a yearNew contract, February 2023: AED 70,000 a yearRenewal, February 2024: AED 73,500 a yearRenewal, February 2025: AED 73,500 a yearNew contract, July 2026: AED 65,000 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 704 sits

All 231 1-beds →

704 last sold in December 2021 at AED 611 per sqft, 11% below what one-beds in Dream Towers 1 were fetching at the time (AED 686). 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. 704's AED 65,000 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 7th floor

All 359 units in Dream Towers 1
Value
7011-bedAED 930K · May 2025
7021-bedAED 411K · Nov 2010
7031-bedAED 625K · Jan 2015
7051-bedAED 800K · Jul 2015
7062-bedNo registered sale
7072-bedNo registered sale
7081-bedAED 445K · Oct 2010
1–7 of 13

704, Dream Towers 1 in numbers

  • Sold 3 times: first on 30 June 2010 for AED 305,000, last on 7 December 2021 for AED 450,000 (AED 611 per sqft).
  • Rented since August 2012 on 13 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2020 and recovered to AED 65,000 by July 2026.
  • At AED 65,000 a year the gross yield on the 2021 price is 14.4%, before a service charge of about AED 16,500 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 July 2026.

Questions about 704, Dream Towers 1

What did unit 704 last sell for?

AED 450,000 on 7 December 2021: AED 611 per sqft for 735 sqft. The unit has 3 registered sales; the first was AED 305,000 in June 2010.

What is the rent for unit 704?

AED 65,000 a year on the contract signed on 1 July 2026. The previous contract, from February 2025, was AED 73,500; the unit has been rented since August 2012.

How big is unit 704?

735 sqft (68.3 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2009.

What is unit 704 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 704, Dream Towers 1

Starts from the last sale price (AED 450K, 7 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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