2-bed · 1,216 sqftMarina Arcade Tower, Dubai Marina · completed 2017

703, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in May 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 23 May 2018
Last soldAED 1.83M23 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Marina Arcade Tower

What is 703 worth today?

Last sold for AED 1,831,500 in 2018

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23 May 2018Sold by developerReady
AED 1,831,500AED 1,505 per sqft

Source: Dubai Land Department. Updated 23 May 2018.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Parking
LB-109
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 19,200 /yr
Last sold
AED 1.83M · May 2018

About 703, Marina Arcade Tower

703 is a two-bedroom apartment of 1,216 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 May 2018 for AED 1,831,500, or AED 1,505 per sqft, 9% above the AED 1,378 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, 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, May 2018: AED 1,831,500 (AED 1,505 per sqft)

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

Rents
Unit 703, 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 130,548

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 703 sits

All 196 2-beds →

703 last sold in May 2018 at AED 1,505 per sqft, 9% above what two-beds in Marina Arcade Tower were fetching at the time (AED 1,378). 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.

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 →

703, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 23 May 2018 for AED 1,831,500, or AED 1,505 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 23 May 2018.

Questions about 703, Marina Arcade Tower

What did unit 703 last sell for?

AED 1,831,500 on 23 May 2018, sold by the developer: AED 1,505 per sqft for 1,216 sqft. It is the only registered sale of the unit.

How big is unit 703?

1,216 sqft (113.0 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 703 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 703, Marina Arcade Tower

Starts from the last sale price (AED 1.83M, 23 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,831,500
Deposit, UAE resident (20%)
AED 366,300
Deposit, non-resident (40%)
AED 732,600
Monthly over 25 years at 3.7%
AED 7,493

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