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2-bed · 1,599 sqftMarina Arcade Tower, Dubai Marina · completed 2017

1704, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 27 March 2023
Last soldAED 2.16M27 March 2023
Current rentAED 90K /yr10 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1704, Marina Arcade Tower

What is 1704 worth today?

Last sold for AED 2,158,250 in 2023

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27 Mar 2023Sold by developerReady
AED 2,158,250AED 1,350 per sqft
10 Sep 2020RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 27 March 2023.

Key facts

Type
2-bed apartment
Size
1,599 sqft
Parking
UB-97
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 25,200 /yr
Last sold
AED 2.16M · March 2023
Building
Marina Arcade Tower

About 1704, Marina Arcade Tower

1704 is a two-bedroom apartment of 1,599 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. The developer sold it on 27 March 2023 for AED 2,158,250, or AED 1,350 per sqft, 7% below the AED 1,445 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 September 2020. The current contract, signed on 10 September 2020, is AED 90,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 25,200 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Marina Arcade Tower
1M2M2016201920222025Typical sale price by year: 2016 AED 1,797,078; 2017 AED 1,899,764; 2018 AED 1,778,120; 2019 AED 1,595,000; 2020 AED 1,115,797; 2021 AED 1,600,000; 2022 AED 1,779,470; 2023 AED 2,135,500; 2024 AED 2,220,000; 2025 AED 2,150,000; 2026 AED 2,080,900Sold by developer, March 2023: AED 2,158,250 (AED 1,350 per sqft)

1704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Marina Arcade Tower
100K125K2017202020232026Typical rent by year: 2017 AED 135,000; 2018 AED 132,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 92,308; 2022 AED 105,000; 2023 AED 125,000; 2024 AED 132,000; 2025 AED 137,250; 2026 AED 130,548New contract, September 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 Marina Arcade Tower, and where 1704 sits

All 196 2-beds →

1704 last sold in March 2023 at AED 1,350 per sqft, 7% below what two-beds in Marina Arcade Tower were fetching at the time (AED 1,445). Over the last 12 months two-beds sold for AED 1,900,000 to 2,427,065, around AED 1,547 per sqft, and rent for AED 66,000 to 200,000 a year. 1704's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Sep 20262,250,000
30 Jul 202613,781
26 Jun 20261,900,000
15 May 20262,427,065
8 2-bed sales in the last 12 months

Marina Arcade Tower

Building

37 apartments, studios to 4-bed over 45 floors in Dubai Marina, completed in 2017 by Marina Arcade Real Estate. 15 sold in the last 12 months.

Typical price per sqft
AED 1,553 Up 4.7%
Typical sale
AED 2.2M
Typical rent
AED 130K /yr
Typical yield
6.2%
Marina Arcade Tower, Dubai Marina: prices, sales and rents →

1704, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 27 March 2023 for AED 2,158,250, or AED 1,350 per sqft.
  • Rented since September 2020 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 25,200 a year (AED 15.77 per sqft).
  • Two-beds in Marina Arcade Tower sold for AED 1,900,000–2,427,065 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 27 March 2023.

Questions about 1704, Marina Arcade Tower

What did unit 1704 last sell for?

AED 2,158,250 on 27 March 2023, sold by the developer: AED 1,350 per sqft for 1,599 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 90,000 a year on the contract signed on 10 September 2020.

How big is unit 1704?

1,599 sqft (148.6 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 1704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Arcade Tower sold for AED 1,900,000 to 2,427,065 in the last 12 months, around AED 1,547 per sqft.

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Mortgage on 1704, Marina Arcade Tower

Starts from the last sale price (AED 2.16M, 27 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,158,250
Deposit, UAE resident (20%)
AED 431,650
Deposit, non-resident (40%)
AED 863,300
Monthly over 25 years at 3.7%
AED 8,830

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