2-bed · 1,192 sqftMarina Arcade Tower, Dubai Marina · completed 2017

2307, Marina Arcade Tower

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2307 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 2.25M30 July 2024
Current rentAED 125K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2307, Marina Arcade Tower

What is 2307 worth today?

Last sold for AED 2,250,000 in 2024

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30 Jul 2024SoldReady
AED 2,250,000AED 1,887 per sqft
1 Jun 2024RentedNew contract
AED 125,000/yr12 months · AED 105 per sqft
1 Jun 2024RentedNew contract
AED 125,000/yr12 months · AED 105 per sqft
7 Sep 2021RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
7 Aug 2020RentedNew contract
AED 95,000/yr13 months · AED 80 per sqft
3 Sep 2019RentedRenewal
AED 100,000/yr12 months · AED 84 per sqft
4 Sep 2018RentedRenewal
AED 120,323/yr12 months · AED 101 per sqft
4 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
2-bed apartment
Size
1,192 sqft
Parking
LB-97
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 18,800 /yr
Last sold
AED 2.25M · July 2024

About 2307, Marina Arcade Tower

2307 is a two-bedroom apartment of 1,192 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. It last sold on 30 July 2024 for AED 2,250,000, or AED 1,887 per sqft, 29% above the AED 1,461 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 June 2024, is AED 125,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2307 over time

Sales
Unit 2307, 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, April 2016: AED 1,760,112 (AED 1,476 per sqft)Sold, July 2024: AED 2,250,000 (AED 1,887 per sqft)

2307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2307, 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 2017: AED 130,000 a yearRenewal, September 2018: AED 120,323 a yearRenewal, September 2019: AED 100,000 a yearNew contract, August 2020: AED 95,000 a yearRenewal, September 2021: AED 95,000 a yearNew contract, June 2024: AED 125,000 a yearNew contract, June 2024: AED 125,000 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 2307 sits

All 196 2-beds →

2307 last sold in July 2024 at AED 1,887 per sqft, 29% above what two-beds in Marina Arcade Tower were fetching at the time (AED 1,461). 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. 2307's AED 125,000 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 →

2307, Marina Arcade Tower in numbers

  • Sold twice: first on 12 April 2016 for AED 1,760,112, last on 30 July 2024 for AED 2,250,000 (AED 1,887 per sqft).
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 95,000 in 2021 and recovered to AED 125,000 by June 2024.
  • At AED 125,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 18,800 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 30 July 2024.

Questions about 2307, Marina Arcade Tower

What did unit 2307 last sell for?

AED 2,250,000 on 30 July 2024: AED 1,887 per sqft for 1,192 sqft. The unit has 2 registered sales; the first was AED 1,760,112 in April 2016.

What is the rent for unit 2307?

AED 125,000 a year on the contract signed on 1 June 2024. The previous contract, from June 2024, was AED 125,000; the unit has been rented since September 2017.

How big is unit 2307?

1,192 sqft (110.7 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 2307 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 2307, Marina Arcade Tower

Starts from the last sale price (AED 2.25M, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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