2-bed · 1,214 sqftMarina Arcade Tower, Dubai Marina · completed 2017

2903, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 20 March 2023
Last soldAED 2.11M20 March 2023
Current rentAED 95K /yr23 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Marina Arcade Tower

What is 2903 worth today?

Last sold for AED 2,111,550 in 2023

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20 Mar 2023Sold by developerReady
AED 2,111,550AED 1,738 per sqft
23 Jul 2022RentedRenewal
AED 95,000/yr12 months · AED 78 per sqft
23 Jun 2021RentedNew contract
AED 78,462/yr13 months · AED 65 per sqft
1 Mar 2019RentedNew contract
AED 115,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 20 March 2023.

Key facts

Type
2-bed apartment
Size
1,214 sqft
Parking
LB-76
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 19,100 /yr
Last sold
AED 2.11M · March 2023

About 2903, Marina Arcade Tower

2903 is a two-bedroom apartment of 1,214 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 20 March 2023 for AED 2,111,550, or AED 1,738 per sqft, 21% above the AED 1,437 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 23 July 2022, is AED 95,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 19,100 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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 2,111,550 (AED 1,738 per sqft)

2903 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2903, 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, March 2019: AED 115,000 a yearNew contract, June 2021: AED 78,462 a yearRenewal, July 2022: AED 95,000 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 2903 sits

All 196 2-beds →

2903 last sold in March 2023 at AED 1,738 per sqft, 21% above what two-beds in Marina Arcade Tower were fetching at the time (AED 1,437). 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. 2903's AED 95,000 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 →

2903, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 20 March 2023 for AED 2,111,550, or AED 1,738 per sqft.
  • Rented since March 2019 on 3 Ejari contracts. The rent fell from AED 115,000 to AED 78,462 in 2021 and recovered to AED 95,000 by July 2022.
  • At AED 95,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 19,100 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 20 March 2023.

Questions about 2903, Marina Arcade Tower

What did unit 2903 last sell for?

AED 2,111,550 on 20 March 2023, sold by the developer: AED 1,738 per sqft for 1,214 sqft. It is the only registered sale of the unit.

What is the rent for unit 2903?

AED 95,000 a year on the contract renewed on 23 July 2022. The previous contract, from June 2021, was AED 78,462; the unit has been rented since March 2019.

How big is unit 2903?

1,214 sqft (112.8 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 2903 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 2903, Marina Arcade Tower

Starts from the last sale price (AED 2.11M, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,111,550
Deposit, UAE resident (20%)
AED 422,310
Deposit, non-resident (40%)
AED 844,620
Monthly over 25 years at 3.7%
AED 8,639

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