2-bed · 1,677 sqftKG Tower, Dubai Marina · 10th floor · completed 2007

1003, KG Tower

Sold prices and rental history: sold 3 times, last in April 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 29 April 2018
Last soldAED 1.3M29 April 2018
Current rentAED 135K /yr14 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, KG Tower

What is 1003 worth today?

Last sold for AED 1,300,000 in 2018

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29 Apr 2018SoldReady
AED 1,300,000AED 775 per sqft
14 Jan 2017RentedRenewal
AED 135,000/yr12 months · AED 80 per sqft
14 Jan 2016RentedRenewal
AED 135,000/yr12 months · AED 80 per sqft
14 Jan 2015RentedRenewal
AED 135,000/yr12 months · AED 80 per sqft
14 Jan 2014RentedNew contract
AED 135,000/yr12 months · AED 80 per sqft
19 Mar 2012SoldReady
AED 800,000AED 477 per sqft
30 May 2010Sold by developerReady
AED 1,532,220AED 913 per sqft

Source: Dubai Land Department. Updated 29 April 2018.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
10th of 18
Parking
33
Developer
KG Interntaional
Completed
2007
Service charge
AED 28,900 /yr
Last sold
AED 1.3M · April 2018
Building
KG Tower

About 1003, KG Tower

1003 is a two-bedroom apartment of 1,677 sqft on the 10th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. It last sold on 29 April 2018 for AED 1,300,000, or AED 775 per sqft, 8% below the AED 846 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 14 January 2017, is AED 135,000 a year: a gross yield of 10.4% on the 2018 price, before the service charge of about AED 28,900 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in KG Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,597,390; 2013 AED 2,140,505; 2014 AED 1,649,706; 2015 AED 1,576,500; 2016 AED 1,500,000; 2017 AED 1,450,000; 2018 AED 1,300,000; 2021 AED 1,100,000; 2023 AED 1,400,000; 2024 AED 1,540,000; 2025 AED 1,700,000Sold by developer, May 2010: AED 1,532,220 (AED 913 per sqft)Sold, March 2012: AED 800,000 (AED 477 per sqft)Sold, April 2018: AED 1,300,000 (AED 775 per sqft)

1003 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in KG Tower
100K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 115,000; 2014 AED 133,500; 2015 AED 136,800; 2016 AED 133,500; 2017 AED 105,000; 2018 AED 105,000; 2019 AED 80,000; 2020 AED 76,000; 2021 AED 79,250; 2022 AED 88,000; 2023 AED 114,857; 2024 AED 119,500; 2025 AED 130,000; 2026 AED 130,000New contract, January 2014: AED 135,000 a yearRenewal, January 2015: AED 135,000 a yearRenewal, January 2016: AED 135,000 a yearRenewal, January 2017: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in KG Tower, and where 1003 sits

All 28 2-beds →

1003 last sold in April 2018 at AED 775 per sqft, 8% below what two-beds in KG Tower were fetching at the time (AED 846). 1003's AED 135,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20251,700,000
23 Jan 20251,660,000
16 Jan 20251,700,000
3 Sep 20241,530,000
0 2-bed sales in the last 12 months

KG Tower

Building

68 apartments, 2-bed to 4-bed over 18 floors in Dubai Marina, completed in 2007 by KG Interntaional. 2 sold in the last 12 months.

Typical price per sqft
AED 1,186
Typical sale
AED 3.65M
Typical rent
AED 140K /yr
Typical yield
5.8%
KG Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 68 units in KG Tower
Value
10013-bedAED 3M · May 2025
10022-bedAED 1.1M · May 2021
10043-bedAED 1.95M · Jan 2009

1003, KG Tower in numbers

  • Sold 3 times: first on 30 May 2010 for AED 1,532,220, last on 29 April 2018 for AED 1,300,000 (AED 775 per sqft).
  • Rented since January 2014 on 4 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2018 price is 10.4%, before a service charge of about AED 28,900 a year (AED 17.22 per sqft).

Source: Dubai Land Department. Updated 29 April 2018.

Questions about 1003, KG Tower

What did unit 1003 last sell for?

AED 1,300,000 on 29 April 2018: AED 775 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 1,532,220 in May 2010.

What is the rent for unit 1003?

AED 135,000 a year on the contract renewed on 14 January 2017. The previous contract, from January 2016, was AED 135,000; the unit has been rented since January 2014.

How big is unit 1003?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 10th floor of a 18-storey tower completed in 2007.

What is unit 1003 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 1003, KG Tower

Starts from the last sale price (AED 1.3M, 29 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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