2-bed · 1,207 sqftMarina Arcade Tower, Dubai Marina · completed 2017

2607, Marina Arcade Tower

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

Unit 2607 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 2.1M26 June 2024
Current rentAED 130K /yr5 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2607, Marina Arcade Tower

What is 2607 worth today?

Last sold for AED 2,100,000 in 2024

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26 Jun 2024SoldReady
AED 2,100,000AED 1,740 per sqft
5 May 2023RentedNew contract
AED 130,000/yr12 months · AED 108 per sqft
5 May 2022RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
1 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
15 Jan 2020RentedNew contract
AED 110,000/yr12 months · AED 91 per sqft
4 Oct 2017RentedNew contract
AED 135,000/yr12 months · AED 112 per sqft
25 Jul 2017Sold by developerReady
AED 1,568,073AED 1,299 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
2-bed apartment
Size
1,207 sqft
Parking
G-60
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 19,000 /yr
Last sold
AED 2.1M · June 2024

About 2607, Marina Arcade Tower

2607 is a two-bedroom apartment of 1,207 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. It last sold on 26 June 2024 for AED 2,100,000, or AED 1,740 per sqft, 20% above the AED 1,450 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 5 May 2023, is AED 130,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 19,000 a year.

Sales and rents for 2607 over time

Sales
Unit 2607, 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, July 2017: AED 1,568,073 (AED 1,299 per sqft)Sold, June 2024: AED 2,100,000 (AED 1,740 per sqft)

2607 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2607, 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, October 2017: AED 135,000 a yearNew contract, January 2020: AED 110,000 a yearNew contract, March 2021: AED 90,000 a yearNew contract, May 2022: AED 120,000 a yearNew contract, May 2023: AED 130,000 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 2607 sits

All 196 2-beds →

2607 last sold in June 2024 at AED 1,740 per sqft, 20% above what two-beds in Marina Arcade Tower were fetching at the time (AED 1,450). 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. 2607's AED 130,000 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 →

2607, Marina Arcade Tower in numbers

  • Sold twice: first on 25 July 2017 for AED 1,568,073, last on 26 June 2024 for AED 2,100,000 (AED 1,740 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2021 and recovered to AED 130,000 by May 2023.
  • At AED 130,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 19,000 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 26 June 2024.

Questions about 2607, Marina Arcade Tower

What did unit 2607 last sell for?

AED 2,100,000 on 26 June 2024: AED 1,740 per sqft for 1,207 sqft. The unit has 2 registered sales; the first was AED 1,568,073 in July 2017.

What is the rent for unit 2607?

AED 130,000 a year on the contract signed on 5 May 2023. The previous contract, from May 2022, was AED 120,000; the unit has been rented since October 2017.

How big is unit 2607?

1,207 sqft (112.1 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 2607 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 2607, Marina Arcade Tower

Starts from the last sale price (AED 2.1M, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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