3-bed · 2,403 sqftMarina Arcade Tower, Dubai Marina · completed 2017

3006, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3006 · DLD and Ejari recordsUpdated 23 August 2022
Last soldAED 3.1M23 August 2022
Current rentAED 142K /yr15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3006, Marina Arcade Tower

What is 3006 worth today?

Last sold for AED 3,100,000 in 2022

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23 Aug 2022Sold by developerReady
AED 3,100,000AED 1,290 per sqft
15 Dec 2021RentedRenewal
AED 141,750/yr12 months · AED 59 per sqft
15 Nov 2020RentedNew contract
AED 124,615/yr13 months · AED 52 per sqft
26 Sep 2019RentedNew contract
AED 147,692/yr13 months · AED 61 per sqft

Source: Dubai Land Department. Updated 23 August 2022.

Key facts

Type
3-bed apartment
Size
2,403 sqft
Parking
LB-28, LB-29
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 37,900 /yr
Last sold
AED 3.1M · August 2022

About 3006, Marina Arcade Tower

3006 is a three-bedroom apartment of 2,403 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 23 August 2022 for AED 3,100,000, or AED 1,290 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 December 2021, is AED 141,750 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 37,900 a year.

Sales and rents for 3006 over time

Sales
Unit 3006, each saleTypical three-bed in Marina Arcade Tower
3M4M2016201920222025Typical sale price by year: 2016 AED 3,688,451; 2018 AED 2,643,500; 2023 AED 3,533,000; 2024 AED 3,500,000; 2025 AED 4,000,000; 2026 AED 3,200,000Sold by developer, August 2022: AED 3,100,000 (AED 1,290 per sqft)

3006 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3006, each contractTypical three-bed in Marina Arcade Tower
150K200K2017202020232026Typical rent by year: 2017 AED 185,000; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 130,000; 2021 AED 141,750; 2022 AED 167,553; 2023 AED 199,000; 2024 AED 230,000; 2025 AED 225,000; 2026 AED 210,000New contract, September 2019: AED 147,692 a yearNew contract, November 2020: AED 124,615 a yearRenewal, December 2021: AED 141,750 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Arcade Tower, and where 3006 sits

All 46 3-beds →

Over the last 12 months three-beds sold for AED 3,000,000 to 4,000,000, around AED 1,457 per sqft, and rent for AED 155,000 to 280,000 a year. 3006's AED 141,750 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 20263,200,000
2 Jun 20263,000,000
9 Feb 20263,902,000
12 Dec 20254,000,000
4 3-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 →

3006, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 23 August 2022 for AED 3,100,000, or AED 1,290 per sqft.
  • Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 147,692 to AED 124,615 in 2020 and recovered to AED 141,750 by December 2021.
  • At AED 141,750 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 37,900 a year (AED 15.77 per sqft).
  • Three-beds in Marina Arcade Tower sold for AED 3,000,000–4,000,000 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 23 August 2022.

Questions about 3006, Marina Arcade Tower

What did unit 3006 last sell for?

AED 3,100,000 on 23 August 2022, sold by the developer: AED 1,290 per sqft for 2,403 sqft. It is the only registered sale of the unit.

What is the rent for unit 3006?

AED 141,750 a year on the contract renewed on 15 December 2021. The previous contract, from November 2020, was AED 124,615; the unit has been rented since September 2019.

How big is unit 3006?

2,403 sqft (223.2 sqm): a three-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 3006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Arcade Tower sold for AED 3,000,000 to 4,000,000 in the last 12 months, around AED 1,457 per sqft.

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Mortgage on 3006, Marina Arcade Tower

Starts from the last sale price (AED 3.1M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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