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2-bed · 1,838 sqftKG Tower, Dubai Marina · 13th floor · completed 2007

1302, KG Tower

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 6 September 2021
Last soldAED 1.17M6 September 2021
Current rentAED 90K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1302, KG Tower

What is 1302 worth today?

Last sold for AED 1,165,000 in 2021

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6 Sep 2021SoldReady
AED 1,165,000AED 633 per sqft
1 Mar 2020RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
1 Mar 2019RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
1 Mar 2018RentedNew contract
AED 115,000/yr12 months · AED 62 per sqft
1 Sep 2016RentedRenewal
AED 144,999/yr4 months · AED 79 per sqft
28 Nov 2015RentedRenewal
AED 145,169/yr9 months · AED 79 per sqft
28 Nov 2014RentedNew contract
AED 145,000/yr12 months · AED 79 per sqft
7 Apr 2014RentedNew contract
AED 145,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 6 September 2021.

Key facts

Type
2-bed apartment
Size
1,838 sqft
Floor
13th of 18
Parking
35
Developer
KG Interntaional
Completed
2007
Service charge
AED 31,700 /yr
Last sold
AED 1.17M · September 2021
Building
KG Tower

About 1302, KG Tower

1302 is a two-bedroom apartment of 1,838 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 6 September 2021 for AED 1,165,000, or AED 633 per sqft, in line with the AED 640 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 March 2020, is AED 90,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 31,700 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical two-bed in KG Tower
1M1.5M2M2009201420192024Typical 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 by developer, February 2009: AED 1,594,780 (AED 867 per sqft)Sold, September 2021: AED 1,165,000 (AED 633 per sqft)

1302 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, each contractTypical two-bed in KG Tower
100K150K2012201620202024Typical 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, April 2014: AED 145,000 a yearNew contract, November 2014: AED 145,000 a yearRenewal, November 2015: AED 145,169 a yearRenewal, September 2016: AED 144,999 a yearNew contract, March 2018: AED 115,000 a yearRenewal, March 2019: AED 90,000 a yearRenewal, March 2020: AED 90,000 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 1302 sits

All 28 2-beds →

1302 last sold in September 2021 at AED 633 per sqft, in line with what two-beds in KG Tower were fetching at the time (AED 640). 1302's AED 90,000 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 13th floor

All 68 units in KG Tower
Value
13013-bedAED 3.5M · Nov 2014
13032-bedAED 1.58M · Dec 2008
13043-bedAED 1.7M · Jan 2009

1302, KG Tower in numbers

  • Sold twice: first on 23 February 2009 for AED 1,594,780, last on 6 September 2021 for AED 1,165,000 (AED 633 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, from AED 145,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 31,700 a year (AED 17.22 per sqft).

Source: Dubai Land Department. Updated 6 September 2021.

Questions about 1302, KG Tower

What did unit 1302 last sell for?

AED 1,165,000 on 6 September 2021: AED 633 per sqft for 1,838 sqft. The unit has 2 registered sales; the first was AED 1,594,780 in February 2009.

What is the rent for unit 1302?

AED 90,000 a year on the contract renewed on 1 March 2020. The previous contract, from March 2019, was AED 90,000; the unit has been rented since April 2014.

How big is unit 1302?

1,838 sqft (170.8 sqm): a two-bedroom apartment on the 13th floor of a 18-storey tower completed in 2007.

What is unit 1302 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 1302, KG Tower

Starts from the last sale price (AED 1.17M, 6 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,165,000
Deposit, UAE resident (20%)
AED 233,000
Deposit, non-resident (40%)
AED 466,000
Monthly over 25 years at 3.7%
AED 4,766

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