1203, KG Tower
Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, KG Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 18 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 12th of 18
- Parking
- 36
- Developer
- KG Interntaional
- Completed
- 2007
- Service charge
- AED 28,900 /yr
- Last sold
- AED 1.5M · November 2016
- Building
- KG Tower
About 1203, KG Tower
1203 is a two-bedroom apartment of 1,677 sqft on the 12th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. It last sold on 8 November 2016 for AED 1,500,000, or AED 894 per sqft, in line with the AED 894 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 18 September 2024, is AED 119,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 28,900 a year.
Sales and rents for 1203 over time
1203 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1203 sits
All 28 2-beds →1203 last sold in November 2016 at AED 894 per sqft, in line with what two-beds in KG Tower were fetching at the time (AED 894). 1203's AED 119,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Apr 202522 April 2025 | 1,707 sqft | 1,700,000 | 995 | ||
| 23 Jan 202523 January 2025 | 1,770 sqft | 1,660,000 | 937 | ||
| 16 Jan 202516 January 2025 | 1,770 sqft | 1,700,000 | 960 | ||
| 3 Sep 20243 September 2024 | 1,770 sqft | 1,530,000 | 864 |
KG Tower
Building68 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%
Other units on the 12th floor
All 68 units in KG Tower1203, KG Tower in numbers
- Sold 3 times: first on 22 March 2011 for AED 1,553,000, last on 8 November 2016 for AED 1,500,000 (AED 894 per sqft).
- Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2021 and recovered to AED 119,000 by September 2024.
- At AED 119,000 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 28,900 a year (AED 17.22 per sqft).
Source: Dubai Land Department. Updated 18 September 2024.
Questions about 1203, KG Tower
What did unit 1203 last sell for?
AED 1,500,000 on 8 November 2016: AED 894 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 1,553,000 in March 2011.
What is the rent for unit 1203?
AED 119,000 a year on the contract renewed on 18 September 2024. The previous contract, from September 2024, was AED 119,000; the unit has been rented since December 2016.
How big is unit 1203?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 12th floor of a 18-storey tower completed in 2007.
What is unit 1203 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 1203, KG Tower
Starts from the last sale price (AED 1.5M, 8 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →