2-bed · 797 sqftKG Tower, Dubai Marina · 1st floor · completed 2007

102, KG Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 700K18 July 2024
Current rentAED 110K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, KG Tower

What is 102 worth today?

Last sold for AED 700,000 in 2024

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5 Aug 2024RentedNew contract
AED 110,000/yr12 months · AED 69 per sqft
5 Aug 2024RentedNew contract
AED 110,000/yr12 months · AED 69 per sqft
18 Jul 2024SoldReady
AED 700,000AED 877 per sqft
2 Jul 2018SoldReady
AED 1,125,000AED 706 per sqft
1 Jul 2018Sold by developerReady
AED 1,600,000AED 1,005 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
2-bed apartment
Size
797 sqft
Floor
1st of 18
Parking
56
Developer
KG Interntaional
Completed
2007
Service charge
AED 13,700 /yr
Last sold
AED 700K · July 2024
Building
KG Tower

About 102, KG Tower

102 is a two-bedroom apartment of 797 sqft on the 1st floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. It last sold on 18 July 2024 for AED 700,000, or AED 877 per sqft, in line with the AED 877 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 5 August 2024, is AED 110,000 a year: a gross yield of 15.7% on the 2024 price, before the service charge of about AED 13,700 a year.

Sales and rents for 102 over time

Sales
Unit 102, 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, July 2018: AED 1,125,000 (AED 706 per sqft)Sold by developer, July 2018: AED 1,600,000 (AED 1,005 per sqft)Sold, July 2024: AED 700,000 (AED 877 per sqft)

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

Rents
Unit 102, 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, August 2024: AED 110,000 a yearNew contract, August 2024: AED 110,000 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 102 sits

All 28 2-beds →

102 last sold in July 2024 at AED 877 per sqft, in line with what two-beds in KG Tower were fetching at the time (AED 877). 102's AED 110,000 is at the bottom 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 1st floor

All 68 units in KG Tower
Value
1013-bedAED 2.01M · Jul 2024
1032-bedAED 1.4M · Oct 2023
1043-bedAED 1.85M · Jul 2016

102, KG Tower in numbers

  • Sold 3 times: first on 1 July 2018 for AED 1,600,000, last on 18 July 2024 for AED 700,000 (AED 877 per sqft).
  • Rented since August 2024 on 2 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 15.7%, before a service charge of about AED 13,700 a year (AED 17.22 per sqft).

Source: Dubai Land Department. Updated 5 August 2024.

Questions about 102, KG Tower

What did unit 102 last sell for?

AED 700,000 on 18 July 2024: AED 877 per sqft for 797 sqft. The unit has 3 registered sales; the first was AED 1,600,000 in July 2018.

What is the rent for unit 102?

AED 110,000 a year on the contract signed on 5 August 2024. The previous contract, from August 2024, was AED 110,000.

How big is unit 102?

797 sqft (74.0 sqm): a two-bedroom apartment on the 1st floor of a 18-storey tower completed in 2007.

What is unit 102 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 102, KG Tower

Starts from the last sale price (AED 700K, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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