3-bed · 2,412 sqftEmerald Residence, Dubai Marina · 2nd floor · completed 2011

214, Emerald Residence

Sold prices and rental history: sold once, by the developer in April 2009, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 13 November 2019
Last soldAED 2.02M15 April 2009
Current rentAED 80K /yr13 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Emerald Residence

What is 214 worth today?

Last sold for AED 2,015,520 in 2009

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13 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 33 per sqft
15 Apr 2009Sold by developerReady
AED 2,015,520AED 835 per sqft

Source: Dubai Land Department. Updated 13 November 2019.

Key facts

Type
3-bed apartment
Size
2,412 sqft
Floor
2nd of 3
Parking
B39 & B52
Developer
Vakson First Property Development
Completed
2011
Service charge
AED 41,100 /yr
Last sold
AED 2.02M · April 2009

About 214, Emerald Residence

214 is a three-bedroom apartment of 2,412 sqft on the 2nd floor of Emerald Residence, a 3-storey tower in Dubai Marina completed in 2011 by Vakson First Property Development . The developer sold it on 15 April 2009 for AED 2,015,520, or AED 835 per sqft, in line with the AED 824 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 November 2019. The current contract, signed on 13 November 2019, is AED 80,000 a year: a gross yield of 4.0% on the 2009 price, before the service charge of about AED 41,100 a year.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical three-bed in Emerald Residence
2M3M20082012201620202024Typical sale price by year: 2008 AED 1,975,000; 2009 AED 1,650,000; 2014 AED 3,025,000; 2021 AED 1,820,000; 2022 AED 1,800,000; 2023 AED 2,220,000Sold by developer, April 2009: AED 2,015,520 (AED 835 per sqft)

214 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 214, each contractTypical three-bed in Emerald Residence
100K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 160,000; 2014 AED 183,500; 2015 AED 180,000; 2016 AED 182,500; 2017 AED 167,500; 2018 AED 85,000; 2019 AED 72,000; 2020 AED 53,000; 2021 AED 71,000; 2022 AED 72,000; 2023 AED 74,384; 2024 AED 138,000; 2025 AED 81,372; 2026 AED 128,542New contract, November 2019: AED 80,000 a year

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 214 sits

All 19 3-beds →

214 last sold in April 2009 at AED 835 per sqft, in line with what three-beds in Emerald Residence were fetching at the time (AED 824). 214's AED 80,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Dec 20232,200,000
24 Oct 20232,450,000
12 Sep 20232,240,000
31 Jul 20232,900,000
0 3-bed sales in the last 12 months

Emerald Residence

Building

38 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
Emerald Residence, Dubai Marina: prices, sales and rents →

Other units on the 2nd floor

All 38 units in Emerald Residence
Value
2011-bedAED 435K · Mar 2008
2023-bedAED 2.95M · Jun 2014
2031-bedAED 488K · Nov 2008
2043-bedAED 2.25M · May 2023
2052-bedAED 1.6M · Dec 2024
2063-bedAED 1.8M · Jun 2022
2072-bedAED 1.3M · Apr 2016
1–7 of 13

214, Emerald Residence in numbers

  • Sold once: by Vakson First Property Development on 15 April 2009 for AED 2,015,520, or AED 835 per sqft.
  • Rented since November 2019 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2009 price is 4.0%, before a service charge of about AED 41,100 a year (AED 17.04 per sqft).

Source: Dubai Land Department. Updated 13 November 2019.

Questions about 214, Emerald Residence

What did unit 214 last sell for?

AED 2,015,520 on 15 April 2009, sold by the developer: AED 835 per sqft for 2,412 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 80,000 a year on the contract signed on 13 November 2019.

How big is unit 214?

2,412 sqft (224.1 sqm): a three-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2011.

What is unit 214 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 214, Emerald Residence

Starts from the last sale price (AED 2.02M, 15 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,015,520
Deposit, UAE resident (20%)
AED 403,104
Deposit, non-resident (40%)
AED 806,208
Monthly over 25 years at 3.7%
AED 8,246

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