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2-bed · 1,299 sqftMarina Heights Tower, Dubai Marina · 12th floor · completed 2006

1203, Marina Heights Tower

Sold prices and rental history: sold 4 times, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 1.95M5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1203, Marina Heights Tower

What is 1203 worth today?

Last sold for AED 1,950,000 in 2024

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5 Feb 2024SoldReady
AED 1,950,000AED 1,501 per sqft
20 Dec 2021SoldReady
AED 1,400,000AED 1,077 per sqft
21 Oct 2020SoldReady
AED 900,000AED 692 per sqft
5 Jun 2007Sold by developerReady
AED 2,150,000AED 1,799 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
2-bed apartment
Size
1,299 sqft
Floor
12th of 53
Parking
B4-55
Developer
SRG
Completed
2006
Service charge
AED 23,300 /yr
Last sold
AED 1.95M · February 2024
Building
Marina Heights Tower

About 1203, Marina Heights Tower

1203 is a two-bedroom apartment of 1,299 sqft on the 12th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 5 February 2024 for AED 1,950,000, or AED 1,501 per sqft, 20% above the AED 1,253 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1203 over time

Sales
Unit 1203, 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 by developer, June 2007: AED 2,150,000 (AED 1,799 per sqft)Sold, October 2020: AED 900,000 (AED 692 per sqft)Sold, December 2021: AED 1,400,000 (AED 1,077 per sqft)Sold, February 2024: AED 1,950,000 (AED 1,501 per sqft)

1203 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, 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 122,000

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 1203 sits

All 181 2-beds →

1203 last sold in February 2024 at AED 1,501 per sqft, 20% above what two-beds in Marina Heights Tower were fetching at the time (AED 1,253). 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.

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 12th floor

All 375 units in Marina Heights Tower
Value
12012-bedAED 875K · Oct 2017
12042-bedAED 1.5M · Aug 2021
12052-bedAED 1.03M · Aug 2011
12061-bedAED 688K · Mar 2009
12071-bedAED 1.5M · Dec 2008
12081-bedAED 1.18M · Dec 2013
12091-bedAED 700K · Feb 2011
1–7 of 9

1203, Marina Heights Tower in numbers

  • Sold 4 times: first on 5 June 2007 for AED 2,150,000, last on 5 February 2024 for AED 1,950,000 (AED 1,501 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 5 February 2024.

Questions about 1203, Marina Heights Tower

What did unit 1203 last sell for?

AED 1,950,000 on 5 February 2024: AED 1,501 per sqft for 1,299 sqft. The unit has 4 registered sales; the first was AED 2,150,000 in June 2007.

How big is unit 1203?

1,299 sqft (120.7 sqm): a two-bedroom apartment on the 12th floor of a 53-storey tower completed in 2006.

What is unit 1203 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 1203, Marina Heights Tower

Starts from the last sale price (AED 1.95M, 5 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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