3-bed · 2,614 sqftKG Tower, Dubai Marina · 11th floor · completed 2007

1104, KG Tower

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 18 February 2024
Last soldAED 734K29 October 2012
Current rentAED 110K /yr18 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, KG Tower

What is 1104 worth today?

Last sold for AED 734,000 in 2012

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18 Feb 2024RentedRenewal
AED 110,000/yr13 months · AED 42 per sqft
18 Feb 2024RentedRenewal
AED 110,000/yr13 months · AED 42 per sqft
20 Jan 2023RentedRenewal
AED 110,000/yr13 months · AED 42 per sqft
20 Dec 2021RentedRenewal
AED 100,000/yr13 months · AED 38 per sqft
5 Oct 2020RentedRenewal
AED 90,000/yr14 months · AED 34 per sqft
5 Oct 2019RentedNew contract
AED 105,000/yr12 months · AED 40 per sqft
30 Apr 2018RentedRenewal
AED 160,000/yr12 months · AED 61 per sqft
30 Apr 2017RentedRenewal
AED 157,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 18 February 2024.

Key facts

Type
3-bed apartment
Size
2,614 sqft
Floor
11th of 18
Parking
75-76
Developer
KG Interntaional
Completed
2007
Service charge
AED 45,000 /yr
Last sold
AED 734K · October 2012
Building
KG Tower

About 1104, KG Tower

1104 is a three-bedroom apartment of 2,614 sqft on the 11th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. The developer sold it on 29 October 2012 for AED 734,000, or AED 280 per sqft, 40% below the AED 463 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 18 February 2024, is AED 110,000 a year: a gross yield of 15.0% on the 2012 price, before the service charge of about AED 45,000 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical three-bed in KG Tower
2M2009201420192024Typical sale price by year: 2009 AED 2,413,190; 2010 AED 2,254,041; 2011 AED 1,750,000; 2012 AED 1,850,000; 2013 AED 2,485,700; 2014 AED 2,825,000; 2016 AED 1,600,000; 2023 AED 2,255,000; 2024 AED 2,100,000; 2025 AED 3,000,000Sold by developer, October 2012: AED 734,000 (AED 280 per sqft)

1104 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1104, each contractTypical three-bed in KG Tower
100K150K2013201720212025Typical rent by year: 2013 AED 155,000; 2014 AED 178,000; 2015 AED 165,000; 2016 AED 160,500; 2017 AED 150,000; 2018 AED 150,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 102,000; 2022 AED 120,000; 2023 AED 135,947; 2024 AED 168,000; 2025 AED 178,500; 2026 AED 172,000New contract, September 2013: AED 155,000 a yearNew contract, November 2014: AED 171,000 a yearNew contract, April 2016: AED 151,000 a yearRenewal, April 2017: AED 157,000 a yearRenewal, April 2018: AED 160,000 a yearNew contract, October 2019: AED 105,000 a yearRenewal, October 2020: AED 90,000 a yearRenewal, December 2021: AED 100,000 a yearRenewal, January 2023: AED 110,000 a yearRenewal, February 2024: AED 110,000 a yearRenewal, February 2024: AED 110,000 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 KG Tower, and where 1104 sits

All 36 3-beds →

1104 last sold in October 2012 at AED 280 per sqft, 40% below what three-beds in KG Tower were fetching at the time (AED 463). Over the last 12 months three-beds sold for AED 2,900,000 to 4,400,000, around AED 1,186 per sqft, and rent for AED 160,000 to 180,000 a year. 1104's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Apr 20262,900,000
22 Dec 20254,400,000
1 Oct 20253,000,000
7 Aug 20253,100,000
2 3-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 11th floor

All 68 units in KG Tower
Value
11013-bedAED 2.5M · May 2009
11022-bedAED 1.6M · Jan 2009
11032-bedAED 1.1M · May 2021

1104, KG Tower in numbers

  • Sold once: by KG Interntaional on 29 October 2012 for AED 734,000, or AED 280 per sqft.
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 90,000 in 2020 and recovered to AED 110,000 by February 2024.
  • At AED 110,000 a year the gross yield on the 2012 price is 15.0%, before a service charge of about AED 45,000 a year (AED 17.22 per sqft).
  • Three-beds in KG Tower sold for AED 2,900,000–4,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,186 per sqft.

Source: Dubai Land Department. Updated 18 February 2024.

Questions about 1104, KG Tower

What did unit 1104 last sell for?

AED 734,000 on 29 October 2012, sold by the developer: AED 280 per sqft for 2,614 sqft. It is the only registered sale of the unit.

What is the rent for unit 1104?

AED 110,000 a year on the contract renewed on 18 February 2024. The previous contract, from February 2024, was AED 110,000; the unit has been rented since September 2013.

How big is unit 1104?

2,614 sqft (242.8 sqm): a three-bedroom apartment on the 11th floor of a 18-storey tower completed in 2007.

What is unit 1104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in KG Tower sold for AED 2,900,000 to 4,400,000 in the last 12 months, around AED 1,186 per sqft.

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Mortgage on 1104, KG Tower

Starts from the last sale price (AED 734K, 29 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 734,000
Deposit, UAE resident (20%)
AED 146,800
Deposit, non-resident (40%)
AED 293,600
Monthly over 25 years at 3.7%
AED 3,003

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