3-bed · 2,614 sqftKG Tower, Dubai Marina · 12th floor · completed 2007

1204, KG Tower

Sold prices and rental history: sold once, by the developer in November 2010, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 1.84M28 November 2010
Current rentAED 128K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, KG Tower

What is 1204 worth today?

Last sold for AED 1,838,600 in 2010

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5 Jul 2023RentedRenewal
AED 128,400/yr12 months · AED 49 per sqft
5 Jul 2022RentedNew contract
AED 120,000/yr12 months · AED 46 per sqft
28 Nov 2010Sold by developerReady
AED 1,838,600AED 703 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
3-bed apartment
Size
2,614 sqft
Floor
12th of 18
Parking
81-82
Developer
KG Interntaional
Completed
2007
Service charge
AED 45,000 /yr
Last sold
AED 1.84M · November 2010
Building
KG Tower

About 1204, KG Tower

1204 is a three-bedroom apartment of 2,614 sqft on the 12th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. The developer sold it on 28 November 2010 for AED 1,838,600, or AED 703 per sqft, 17% below the AED 842 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 128,400 a year: a gross yield of 7.0% on the 2010 price, before the service charge of about AED 45,000 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical three-bed in KG Tower
2M3M2009201420192024Typical 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, November 2010: AED 1,838,600 (AED 703 per sqft)

1204 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1204, 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, July 2022: AED 120,000 a yearRenewal, July 2023: AED 128,400 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 1204 sits

All 36 3-beds →

1204 last sold in November 2010 at AED 703 per sqft, 17% below what three-beds in KG Tower were fetching at the time (AED 842). 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. 1204's AED 128,400 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 12th floor

All 68 units in KG Tower
Value
12013-bedAED 2.5M · Sep 2009
12022-bedAED 1.6M · Jun 2016
12032-bedAED 1.5M · Nov 2016

1204, KG Tower in numbers

  • Sold once: by KG Interntaional on 28 November 2010 for AED 1,838,600, or AED 703 per sqft.
  • Rented since July 2022 on 2 Ejari contracts, from AED 120,000 to AED 128,400 a year.
  • At AED 128,400 a year the gross yield on the 2010 price is 7.0%, 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 5 July 2023.

Questions about 1204, KG Tower

What did unit 1204 last sell for?

AED 1,838,600 on 28 November 2010, sold by the developer: AED 703 per sqft for 2,614 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 128,400 a year on the contract renewed on 5 July 2023. The previous contract, from July 2022, was AED 120,000.

How big is unit 1204?

2,614 sqft (242.8 sqm): a three-bedroom apartment on the 12th floor of a 18-storey tower completed in 2007.

What is unit 1204 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 1204, KG Tower

Starts from the last sale price (AED 1.84M, 28 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,838,600
Deposit, UAE resident (20%)
AED 367,720
Deposit, non-resident (40%)
AED 735,440
Monthly over 25 years at 3.7%
AED 7,522

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