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2-bed · 1,179 sqftMarina Arcade Tower, Dubai Marina · completed 2017

3005, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3005 · DLD and Ejari recordsUpdated 27 July 2021
Last soldAED 1.6M27 July 2021
Current rentAED 85K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3005, Marina Arcade Tower

What is 3005 worth today?

Last sold for AED 1,600,000 in 2021

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27 Jul 2021Sold by developerReady
AED 1,600,000AED 1,356 per sqft
20 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
25 Feb 2019RentedNew contract
AED 120,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 27 July 2021.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Parking
LB-70
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 18,600 /yr
Last sold
AED 1.6M · July 2021
Building
Marina Arcade Tower

About 3005, Marina Arcade Tower

3005 is a two-bedroom apartment of 1,179 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 27 July 2021 for AED 1,600,000, or AED 1,356 per sqft, in line with the AED 1,369 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 20 September 2020, is AED 85,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 18,600 a year.

Sales and rents for 3005 over time

Sales
Unit 3005, 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 2021: AED 1,600,000 (AED 1,356 per sqft)

3005 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3005, 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, February 2019: AED 120,000 a yearNew contract, September 2020: AED 85,000 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 3005 sits

All 196 2-beds →

3005 last sold in July 2021 at AED 1,356 per sqft, in line with what two-beds in Marina Arcade Tower were fetching at the time (AED 1,369). 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. 3005's AED 85,000 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 →

3005, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 27 July 2021 for AED 1,600,000, or AED 1,356 per sqft.
  • Rented since February 2019 on 2 Ejari contracts, from AED 120,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 18,600 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 27 July 2021.

Questions about 3005, Marina Arcade Tower

What did unit 3005 last sell for?

AED 1,600,000 on 27 July 2021, sold by the developer: AED 1,356 per sqft for 1,179 sqft. It is the only registered sale of the unit.

What is the rent for unit 3005?

AED 85,000 a year on the contract signed on 20 September 2020. The previous contract, from February 2019, was AED 120,000.

How big is unit 3005?

1,179 sqft (109.5 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 3005 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 3005, Marina Arcade Tower

Starts from the last sale price (AED 1.6M, 27 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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