3-bed · 2,410 sqftMarina Arcade Tower, Dubai Marina · completed 2017

3701, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 13 August 2024
Last soldAED 3.36M13 August 2024
Current rentAED 137K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Marina Arcade Tower

What is 3701 worth today?

Last sold for AED 3,364,000 in 2024

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13 Aug 2024Sold by developerReady
AED 3,364,000AED 1,395 per sqft
1 Nov 2022RentedRenewal
AED 136,500/yr12 months · AED 57 per sqft
1 Nov 2022RentedNew contract
AED 136,500/yr12 months · AED 57 per sqft
1 Nov 2021RentedRenewal
AED 136,500/yr12 months · AED 57 per sqft
1 Nov 2020RentedRenewal
AED 130,000/yr12 months · AED 54 per sqft
1 Nov 2019RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 13 August 2024.

Key facts

Type
3-bed apartment
Size
2,410 sqft
Parking
UB-45, UB-57
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 38,000 /yr
Last sold
AED 3.36M · August 2024

About 3701, Marina Arcade Tower

3701 is a three-bedroom apartment of 2,410 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 13 August 2024 for AED 3,364,000, or AED 1,395 per sqft, in line with the AED 1,424 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 136,500 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 38,000 a year.

Sales and rents for 3701 over time

Sales
Unit 3701, 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 2024: AED 3,364,000 (AED 1,395 per sqft)

3701 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3701, 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, November 2019: AED 160,000 a yearRenewal, November 2020: AED 130,000 a yearRenewal, November 2021: AED 136,500 a yearRenewal, November 2022: AED 136,500 a yearNew contract, November 2022: AED 136,500 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 3701 sits

All 46 3-beds →

3701 last sold in August 2024 at AED 1,395 per sqft, in line with what three-beds in Marina Arcade Tower were fetching at the time (AED 1,424). 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. 3701's AED 136,500 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 →

3701, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 13 August 2024 for AED 3,364,000, or AED 1,395 per sqft.
  • Rented since November 2019 on 5 Ejari contracts, from AED 160,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 38,000 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 13 August 2024.

Questions about 3701, Marina Arcade Tower

What did unit 3701 last sell for?

AED 3,364,000 on 13 August 2024, sold by the developer: AED 1,395 per sqft for 2,410 sqft. It is the only registered sale of the unit.

What is the rent for unit 3701?

AED 136,500 a year on the contract renewed on 1 November 2022. The previous contract, from November 2022, was AED 136,500; the unit has been rented since November 2019.

How big is unit 3701?

2,410 sqft (223.9 sqm): a three-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 3701 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 3701, Marina Arcade Tower

Starts from the last sale price (AED 3.36M, 13 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,364,000
Deposit, UAE resident (20%)
AED 672,800
Deposit, non-resident (40%)
AED 1,345,600
Monthly over 25 years at 3.7%
AED 13,763

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