3-bed · 2,614 sqftKG Tower, Dubai Marina · 5th floor · completed 2007

504, KG Tower

Sold prices and rental history: sold twice, last in July 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 6 March 2017
Last soldAED 2.27M10 July 2016
Current rentAED 150K /yr6 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, KG Tower

What is 504 worth today?

Last sold for AED 2,267,538 in 2016

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6 Mar 2017RentedNew contract
AED 150,000/yr12 months · AED 57 per sqft
10 Jul 2016SoldReady
AED 2,267,538AED 867 per sqft
1 Sep 2015RentedRenewal
AED 160,000/yr12 months · AED 61 per sqft
1 Sep 2014RentedNew contract
AED 160,000/yr12 months · AED 61 per sqft
1 Jan 2013RentedNew contract
AED 120,000/yr12 months · AED 46 per sqft
10 Aug 2010Sold by developerReady
AED 2,267,538AED 867 per sqft

Source: Dubai Land Department. Updated 6 March 2017.

Key facts

Type
3-bed apartment
Size
2,614 sqft
Floor
5th of 18
Parking
69-70
Developer
KG Interntaional
Completed
2007
Service charge
AED 45,000 /yr
Last sold
AED 2.27M · July 2016
Building
KG Tower

About 504, KG Tower

504 is a three-bedroom apartment of 2,614 sqft on the 5th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. It last sold on 10 July 2016 for AED 2,267,538, or AED 867 per sqft, in line with the AED 867 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 6 March 2017, is AED 150,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 45,000 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, August 2010: AED 2,267,538 (AED 867 per sqft)Sold, July 2016: AED 2,267,538 (AED 867 per sqft)

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

Rents
Unit 504, 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, January 2013: AED 120,000 a yearNew contract, September 2014: AED 160,000 a yearRenewal, September 2015: AED 160,000 a yearNew contract, March 2017: AED 150,000 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 504 sits

All 36 3-beds →

504 last sold in July 2016 at AED 867 per sqft, in line with what three-beds in KG Tower were fetching at the time (AED 867). 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. 504's AED 150,000 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 5th floor

All 68 units in KG Tower
Value
5013-bedAED 2.65M · Nov 2023
5022-bedAED 1.53M · Sep 2024
5032-bedAED 1.16M · Jun 2023

504, KG Tower in numbers

  • Sold twice: first on 10 August 2010 for AED 2,267,538, last on 10 July 2016 for AED 2,267,538 (AED 867 per sqft).
  • Rented since January 2013 on 4 Ejari contracts, from AED 120,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2016 price is 6.6%, 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 6 March 2017.

Questions about 504, KG Tower

What did unit 504 last sell for?

AED 2,267,538 on 10 July 2016: AED 867 per sqft for 2,614 sqft. The unit has 2 registered sales; the first was AED 2,267,538 in August 2010.

What is the rent for unit 504?

AED 150,000 a year on the contract signed on 6 March 2017. The previous contract, from September 2015, was AED 160,000; the unit has been rented since January 2013.

How big is unit 504?

2,614 sqft (242.8 sqm): a three-bedroom apartment on the 5th floor of a 18-storey tower completed in 2007.

What is unit 504 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 504, KG Tower

Starts from the last sale price (AED 2.27M, 10 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,267,538
Deposit, UAE resident (20%)
AED 453,508
Deposit, non-resident (40%)
AED 907,015
Monthly over 25 years at 3.7%
AED 9,277

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