2-bed · 1,159 sqftMarina Heights Tower, Dubai Marina · 10th floor · completed 2006

1011, Marina Heights Tower

Sold prices and rental history: sold 3 times, last in November 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 925K25 November 2014
Current rentAED 80K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Marina Heights Tower

What is 1011 worth today?

Last sold for AED 925,000 in 2014

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1 Apr 2021RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
1 Apr 2020RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
25 Nov 2014SoldReady
AED 925,000AED 797 per sqft
23 Mar 2009SoldReady
AED 1,154,000AED 995 per sqft
12 Mar 2009Sold by developerReady
AED 772,389AED 666 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
2-bed apartment
Size
1,159 sqft
Floor
10th of 53
Parking
B4-42
Developer
SRG
Completed
2006
Service charge
AED 20,800 /yr
Last sold
AED 925K · November 2014

About 1011, Marina Heights Tower

1011 is a two-bedroom apartment of 1,159 sqft on the 10th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 25 November 2014 for AED 925,000, or AED 797 per sqft, 38% below the AED 1,293 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 80,000 a year: a gross yield of 8.6% on the 2014 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical two-bed in Marina Heights Tower
1M2M20072012201720222027Typical sale price by year: 2007 AED 1,422,755; 2008 AED 1,134,714; 2009 AED 998,136; 2010 AED 1,008,824; 2011 AED 983,588; 2012 AED 1,100,000; 2013 AED 1,430,000; 2014 AED 1,500,000; 2015 AED 1,800,000; 2016 AED 1,610,000; 2017 AED 1,560,000; 2018 AED 1,120,000; 2019 AED 1,243,320; 2020 AED 1,035,000; 2021 AED 1,205,000; 2022 AED 1,420,944; 2023 AED 1,711,134; 2024 AED 2,000,000; 2025 AED 2,000,000; 2026 AED 2,290,000Sold, March 2009: AED 1,154,000 (AED 995 per sqft)Sold by developer, March 2009: AED 772,389 (AED 666 per sqft)Sold, November 2014: AED 925,000 (AED 797 per sqft)

1011 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1011, each contractTypical two-bed in Marina Heights Tower
75K100K125K20112015201920232027Typical rent by year: 2011 AED 95,000; 2012 AED 95,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 126,788; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 80,000; 2022 AED 91,000; 2023 AED 106,480; 2024 AED 121,000; 2025 AED 126,000; 2026 AED 122,000Renewal, April 2020: AED 100,000 a yearRenewal, April 2021: AED 80,000 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 Heights Tower, and where 1011 sits

All 181 2-beds →

1011 last sold in November 2014 at AED 797 per sqft, 38% below what two-beds in Marina Heights Tower were fetching at the time (AED 1,293). Over the last 12 months two-beds sold for AED 1,700,000 to 2,550,000, around AED 1,519 per sqft, and rent for AED 85,000 to 350,000 a year. 1011's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Oct 20262,490,000
16 Sep 20262,550,000
6 Aug 20262,000,000
27 Jul 202642,131
11 2-bed sales in the last 12 months

Marina Heights Tower

Building

375 apartments, 1-bed to 5-bed over 53 floors in Dubai Marina, completed in 2006 by SRG. 16 sold in the last 12 months.

Typical price per sqft
AED 1,448 Down 0.2%
Typical sale
AED 1.98M
Typical rent
AED 120K /yr
Typical yield
6.5%
Marina Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 375 units in Marina Heights Tower
Value
10012-bedAED 812K · Jun 2011
10032-bedAED 650K · Jun 2016
10042-bedAED 1.28M · Sep 2021
10052-bedAED 861K · Dec 2012
10061-bedAED 950K · Jan 2019
10071-bedAED 566K · Feb 2011
10081-bedAED 400K · Oct 2017
1–7 of 9

1011, Marina Heights Tower in numbers

  • Sold 3 times: first on 12 March 2009 for AED 772,389, last on 25 November 2014 for AED 925,000 (AED 797 per sqft).
  • Rented since April 2020 on 2 Ejari contracts, from AED 100,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 8.6%, before a service charge of about AED 20,800 a year (AED 17.95 per sqft).
  • Two-beds in Marina Heights Tower sold for AED 1,700,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,448 per sqft.

Source: Dubai Land Department. Updated 1 April 2021.

Questions about 1011, Marina Heights Tower

What did unit 1011 last sell for?

AED 925,000 on 25 November 2014: AED 797 per sqft for 1,159 sqft. The unit has 3 registered sales; the first was AED 772,389 in March 2009.

What is the rent for unit 1011?

AED 80,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2020, was AED 100,000.

How big is unit 1011?

1,159 sqft (107.7 sqm): a two-bedroom apartment on the 10th floor of a 53-storey tower completed in 2006.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Heights Tower sold for AED 1,700,000 to 2,550,000 in the last 12 months, around AED 1,519 per sqft.

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Mortgage on 1011, Marina Heights Tower

Starts from the last sale price (AED 925K, 25 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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