2-bed · 1,161 sqftMarina Arcade Tower, Dubai Marina · completed 2017

2602, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in June 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 22 June 2024
Last soldAED 1.69M9 June 2023
Current rentAED 111K /yr22 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Marina Arcade Tower

What is 2602 worth today?

Last sold for AED 1,693,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Jun 2024RentedRenewal
AED 111,320/yr12 months · AED 96 per sqft
22 Jun 2024RentedRenewal
AED 111,320/yr12 months · AED 96 per sqft
22 Jun 2023RentedNew contract
AED 96,800/yr12 months · AED 83 per sqft
9 Jun 2023Sold by developerReady
AED 1,693,000AED 1,458 per sqft
22 Jun 2022RentedNew contract
AED 88,000/yr12 months · AED 76 per sqft
15 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 22 June 2024.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Parking
1F-49
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 18,300 /yr
Last sold
AED 1.69M · June 2023

About 2602, Marina Arcade Tower

2602 is a two-bedroom apartment of 1,161 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 9 June 2023 for AED 1,693,000, or AED 1,458 per sqft, in line with the AED 1,447 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 22 June 2024, is AED 111,320 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 18,300 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, 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, June 2023: AED 1,693,000 (AED 1,458 per sqft)

2602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2602, each contractTypical two-bed in Marina Arcade Tower
100K2017202020232026Typical 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, June 2021: AED 80,000 a yearNew contract, June 2022: AED 88,000 a yearNew contract, June 2023: AED 96,800 a yearRenewal, June 2024: AED 111,320 a yearRenewal, June 2024: AED 111,320 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 2602 sits

All 196 2-beds →

2602 last sold in June 2023 at AED 1,458 per sqft, in line with what two-beds in Marina Arcade Tower were fetching at the time (AED 1,447). 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. 2602's AED 111,320 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 →

2602, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 9 June 2023 for AED 1,693,000, or AED 1,458 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 80,000 to AED 111,320 a year.
  • At AED 111,320 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 18,300 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 22 June 2024.

Questions about 2602, Marina Arcade Tower

What did unit 2602 last sell for?

AED 1,693,000 on 9 June 2023, sold by the developer: AED 1,458 per sqft for 1,161 sqft. It is the only registered sale of the unit.

What is the rent for unit 2602?

AED 111,320 a year on the contract renewed on 22 June 2024. The previous contract, from June 2024, was AED 111,320; the unit has been rented since June 2021.

How big is unit 2602?

1,161 sqft (107.9 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 2602 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.

Selling 2602? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2602, Marina Arcade Tower

Starts from the last sale price (AED 1.69M, 9 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,693,000
Deposit, UAE resident (20%)
AED 338,600
Deposit, non-resident (40%)
AED 677,200
Monthly over 25 years at 3.7%
AED 6,927

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