3-bed · 3,077 sqftKG Tower, Dubai Marina · 13th floor · completed 2007

1301, KG Tower

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 25 September 2021
Last soldAED 3.5M25 November 2014
Current rentAED 135K /yr25 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, KG Tower

What is 1301 worth today?

Last sold for AED 3,500,000 in 2014

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25 Sep 2021RentedRenewal
AED 135,000/yr14 months · AED 44 per sqft
25 Aug 2020RentedNew contract
AED 95,000/yr13 months · AED 31 per sqft
1 Jun 2019RentedNew contract
AED 116,000/yr12 months · AED 38 per sqft
29 Apr 2016RentedNew contract
AED 170,000/yr12 months · AED 55 per sqft
25 Nov 2014SoldReady
AED 3,500,000AED 1,137 per sqft
21 Oct 2014Sold by developerReady
AED 4,000,000AED 1,300 per sqft

Source: Dubai Land Department. Updated 25 September 2021.

Key facts

Type
3-bed apartment
Size
3,077 sqft
Floor
13th of 18
Parking
15-16
Developer
KG Interntaional
Completed
2007
Service charge
AED 53,000 /yr
Last sold
AED 3.5M · November 2014
Building
KG Tower

About 1301, KG Tower

1301 is a three-bedroom apartment of 3,077 sqft on the 13th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. It last sold on 25 November 2014 for AED 3,500,000, or AED 1,137 per sqft, 4% above the AED 1,094 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 25 September 2021, is AED 135,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 53,000 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical three-bed in KG Tower
2M4M2009201420192024Typical 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 2014: AED 4,000,000 (AED 1,300 per sqft)Sold, November 2014: AED 3,500,000 (AED 1,137 per sqft)

1301 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1301, 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, April 2016: AED 170,000 a yearNew contract, June 2019: AED 116,000 a yearNew contract, August 2020: AED 95,000 a yearRenewal, September 2021: AED 135,000 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 1301 sits

All 36 3-beds →

1301 last sold in November 2014 at AED 1,137 per sqft, 4% above what three-beds in KG Tower were fetching at the time (AED 1,094). 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. 1301's AED 135,000 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 13th floor

All 68 units in KG Tower
Value
13022-bedAED 1.17M · Sep 2021
13032-bedAED 1.58M · Dec 2008
13043-bedAED 1.7M · Jan 2009

1301, KG Tower in numbers

  • Sold twice: first on 21 October 2014 for AED 4,000,000, last on 25 November 2014 for AED 3,500,000 (AED 1,137 per sqft).
  • Rented since April 2016 on 4 Ejari contracts. The rent fell from AED 170,000 to AED 95,000 in 2020 and recovered to AED 135,000 by September 2021.
  • At AED 135,000 a year the gross yield on the 2014 price is 3.9%, before a service charge of about AED 53,000 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 25 September 2021.

Questions about 1301, KG Tower

What did unit 1301 last sell for?

AED 3,500,000 on 25 November 2014: AED 1,137 per sqft for 3,077 sqft. The unit has 2 registered sales; the first was AED 4,000,000 in October 2014.

What is the rent for unit 1301?

AED 135,000 a year on the contract renewed on 25 September 2021. The previous contract, from August 2020, was AED 95,000; the unit has been rented since April 2016.

How big is unit 1301?

3,077 sqft (285.9 sqm): a three-bedroom apartment on the 13th floor of a 18-storey tower completed in 2007.

What is unit 1301 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 1301, KG Tower

Starts from the last sale price (AED 3.5M, 25 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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