114, Emerald Residence
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 114, Emerald Residence
What is 114 worth today?
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Source: Dubai Land Department. Updated 12 September 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,412 sqft
- Floor
- 1st of 3
- Parking
- B18 & B19
- Developer
- Vakson First Property Development
- Completed
- 2011
- Service charge
- AED 41,100 /yr
- Last sold
- AED 2.24M · September 2023
- Building
- Emerald Residence
About 114, Emerald Residence
114 is a three-bedroom apartment of 2,412 sqft on the 1st floor of Emerald Residence, a 3-storey tower in Dubai Marina completed in 2011 by Vakson First Property Development . It last sold on 12 September 2023 for AED 2,240,000, or AED 928 per sqft, in line with the AED 910 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 November 2022, is AED 170,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 41,100 a year.
Sales and rents for 114 over time
114 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Emerald Residence, and where 114 sits
All 19 3-beds →114 last sold in September 2023 at AED 928 per sqft, in line with what three-beds in Emerald Residence were fetching at the time (AED 910). 114's AED 170,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Dec 202328 December 2023 | 2,412 sqft | 2,200,000 | 912 | ||
| 24 Oct 202324 October 2023 | 2,420 sqft | 2,450,000 | 1,012 | ||
| 31 Jul 202331 July 2023 | 2,412 sqft | 2,900,000 | 1,202 | ||
| 11 Jul 202311 July 2023 | 2,412 sqft | 2,425,000 | 1,005 |
Emerald Residence
Building38 apartments, 1-bed to 4-bed over 3 floors in Dubai Marina, completed in 2011 by Vakson First Property Development . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 83K /yr
- Typical yield
Other units on the 1st floor
All 38 units in Emerald Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 692 sqft | AED 488KAED 488,000 · May 2008May 2008 | 95,000 /yr | |
| 102 | 3-bed | 2,420 sqft | AED 2.1MAED 2,100,000 · Mar 2023March 2023 | 95,000 /yr | |
| 103 | 1-bed | 697 sqft | AED 495KAED 495,000 · Mar 2008March 2008 | 69,000 /yr | |
| 104 | 3-bed | 2,412 sqft | AED 2.2MAED 2,200,000 · Dec 2023December 2023 | 55,440 /yr | |
| 105 | 2-bed | 1,377 sqft | AED 1.34MAED 1,340,000 · Mar 2017March 2017 | 57,750 /yr | |
| 106 | 3-bed | 2,412 sqft | AED 2.37MAED 2,370,000 · Mar 2008March 2008 | 52,553 /yr | |
| 107 | 2-bed | 1,377 sqft | AED 1.33MAED 1,325,000 · Nov 2016November 2016 | 59,325 /yr | |
| 108 | 3-bed | 2,377 sqft | AED 1.55MAED 1,550,000 · Nov 2019November 2019 | 78,276 /yr | |
| 109 | 1-bed | 697 sqft | AED 300KAED 300,000 · Mar 2019March 2019 | 70,000 /yr | |
| 110 | 3-bed | 2,377 sqft | AED 3.1MAED 3,100,000 · Sep 2014September 2014 | 193,000 /yr | |
| 111 | 1-bed | 692 sqft | AED 950KAED 950,000 · Feb 2025February 2025 | 50,000 /yr | |
| 112 | 3-bed | 2,412 sqft | AED 1.9MAED 1,900,000 · May 2021May 2021 | 165,900 /yr | |
| 116 | 3-bed | 2,420 sqft | AED 3.5MAED 3,500,000 · Nov 2008November 2008 | 205,000 /yr |
114, Emerald Residence in numbers
- Sold twice: first on 19 March 2009 for AED 771,875, last on 12 September 2023 for AED 2,240,000 (AED 928 per sqft).
- Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 135,000 in 2019 and recovered to AED 170,000 by November 2022.
- At AED 170,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 41,100 a year (AED 17.04 per sqft).
Source: Dubai Land Department. Updated 12 September 2023.
Questions about 114, Emerald Residence
What did unit 114 last sell for?
AED 2,240,000 on 12 September 2023: AED 928 per sqft for 2,412 sqft. The unit has 2 registered sales; the first was AED 771,875 in March 2009.
What is the rent for unit 114?
AED 170,000 a year on the contract signed on 1 November 2022. The previous contract, from August 2019, was AED 135,000; the unit has been rented since September 2013.
How big is unit 114?
2,412 sqft (224.1 sqm): a three-bedroom apartment on the 1st floor of a 3-storey tower completed in 2011.
What is unit 114 worth today?
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Mortgage on 114, Emerald Residence
Starts from the last sale price (AED 2.24M, 12 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,240,000
- Deposit, UAE resident (20%)
- AED 448,000
- Deposit, non-resident (40%)
- AED 896,000
- Monthly over 25 years at 3.7%
- AED 9,165
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →