1-bed · 777 sqftDream Towers 1, Dubai Marina · 8th floor · completed 2009

802, Dream Towers 1

Sold prices and rental history: sold twice, last in April 2011, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 20 May 2020
Last soldAED 447K6 April 2011
Current rentAED 49K /yr20 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Dream Towers 1

What is 802 worth today?

Last sold for AED 447,000 in 2011

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20 May 2020RentedNew contract
AED 49,000/yr12 months · AED 63 per sqft
22 Feb 2014RentedNew contract
AED 78,000/yr12 months · AED 101 per sqft
6 Apr 2011SoldReady
AED 447,000AED 575 per sqft
20 Oct 2010Sold by developerReady
AED 334,500AED 430 per sqft

Source: Dubai Land Department. Updated 20 May 2020.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
8th of 29
Parking
B2-F802
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 17,400 /yr
Last sold
AED 447K · April 2011

About 802, Dream Towers 1

802 is a one-bedroom apartment of 777 sqft on the 8th 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 6 April 2011 for AED 447,000, or AED 575 per sqft, 11% above the AED 518 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 20 May 2020, is AED 49,000 a year: a gross yield of 11.0% on the 2011 price, before the service charge of about AED 17,400 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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 334,500 (AED 430 per sqft)Sold, April 2011: AED 447,000 (AED 575 per sqft)

802 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 802, 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, February 2014: AED 78,000 a yearNew contract, May 2020: AED 49,000 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 802 sits

All 231 1-beds →

802 last sold in April 2011 at AED 575 per sqft, 11% above what one-beds in Dream Towers 1 were fetching at the time (AED 518). 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. 802's AED 49,000 is at the bottom 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 8th floor

All 359 units in Dream Towers 1
Value
8011-bedAED 458K · Jan 2011
8031-bedAED 500K · Dec 2014
8041-bedAED 580K · Sep 2012
8051-bedAED 500K · Apr 2019
8062-bedNo registered sale
8072-bedNo registered sale
8081-bedAED 900K · May 2015
1–7 of 13

802, Dream Towers 1 in numbers

  • Sold twice: first on 20 October 2010 for AED 334,500, last on 6 April 2011 for AED 447,000 (AED 575 per sqft).
  • Rented since February 2014 on 2 Ejari contracts, from AED 78,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2011 price is 11.0%, before a service charge of about AED 17,400 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 20 May 2020.

Questions about 802, Dream Towers 1

What did unit 802 last sell for?

AED 447,000 on 6 April 2011: AED 575 per sqft for 777 sqft. The unit has 2 registered sales; the first was AED 334,500 in October 2010.

What is the rent for unit 802?

AED 49,000 a year on the contract signed on 20 May 2020. The previous contract, from February 2014, was AED 78,000.

How big is unit 802?

777 sqft (72.2 sqm): a one-bedroom apartment on the 8th floor of a 29-storey tower completed in 2009.

What is unit 802 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 802, Dream Towers 1

Starts from the last sale price (AED 447K, 6 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 447,000
Deposit, UAE resident (20%)
AED 89,400
Deposit, non-resident (40%)
AED 178,800
Monthly over 25 years at 3.7%
AED 1,829

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