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2-bed · 1,244 sqftMarina Arcade Tower, Dubai Marina · completed 2017

2906, Marina Arcade Tower

Sold prices and rental history: sold twice, last in June 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 16 June 2023
Last soldAED 1.96M16 June 2023
Current rentAED 110K /yr22 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2906, Marina Arcade Tower

What is 2906 worth today?

Last sold for AED 1,960,000 in 2023

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16 Jun 2023SoldReady
AED 1,960,000AED 1,576 per sqft
24 Oct 2022Sold by developerReady
AED 1,899,000AED 1,527 per sqft
22 Jul 2022RentedNew contract
AED 110,000/yr12 months · AED 88 per sqft
22 Jul 2020RentedNew contract
AED 100,000/yr12 months · AED 80 per sqft
1 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 16 June 2023.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Parking
LB-93
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 19,600 /yr
Last sold
AED 1.96M · June 2023
Building
Marina Arcade Tower

About 2906, Marina Arcade Tower

2906 is a two-bedroom apartment of 1,244 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. It last sold on 16 June 2023 for AED 1,960,000, or AED 1,576 per sqft, 9% above the AED 1,452 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 22 July 2022, is AED 110,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2906 over time

Sales
Unit 2906, 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, October 2022: AED 1,899,000 (AED 1,527 per sqft)Sold, June 2023: AED 1,960,000 (AED 1,576 per sqft)

2906 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2906, 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 2018: AED 130,000 a yearNew contract, July 2020: AED 100,000 a yearNew contract, July 2022: AED 110,000 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 2906 sits

All 196 2-beds →

2906 last sold in June 2023 at AED 1,576 per sqft, 9% above what two-beds in Marina Arcade Tower were fetching at the time (AED 1,452). 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. 2906's AED 110,000 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 →

2906, Marina Arcade Tower in numbers

  • Sold twice: first on 24 October 2022 for AED 1,899,000, last on 16 June 2023 for AED 1,960,000 (AED 1,576 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, from AED 130,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 19,600 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 16 June 2023.

Questions about 2906, Marina Arcade Tower

What did unit 2906 last sell for?

AED 1,960,000 on 16 June 2023: AED 1,576 per sqft for 1,244 sqft. The unit has 2 registered sales; the first was AED 1,899,000 in October 2022.

What is the rent for unit 2906?

AED 110,000 a year on the contract signed on 22 July 2022. The previous contract, from July 2020, was AED 100,000; the unit has been rented since October 2018.

How big is unit 2906?

1,244 sqft (115.6 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 2906 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 2906, Marina Arcade Tower

Starts from the last sale price (AED 1.96M, 16 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,960,000
Deposit, UAE resident (20%)
AED 392,000
Deposit, non-resident (40%)
AED 784,000
Monthly over 25 years at 3.7%
AED 8,019

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