2-bed · 1,431 sqftMarina Heights Tower, Dubai Marina · 12th floor · completed 2006

1204, Marina Heights Tower

Sold prices and rental history: sold 3 times, last in August 2021, and rented once, from March 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 30 August 2021
Last soldAED 1.5M30 August 2021
Current rentAED 85K /yr25 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Marina Heights Tower

What is 1204 worth today?

Last sold for AED 1,500,000 in 2021

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30 Aug 2021SoldReady
AED 1,500,000AED 1,048 per sqft
26 Jan 2014SoldReady
AED 1,825,000AED 1,412 per sqft
25 Mar 2013RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft
13 Jan 2013Sold by developerReady
AED 1,275,000AED 987 per sqft

Source: Dubai Land Department. Updated 30 August 2021.

Key facts

Type
2-bed apartment
Size
1,431 sqft
Floor
12th of 53
Parking
B4-56
Developer
SRG
Completed
2006
Service charge
AED 25,700 /yr
Last sold
AED 1.5M · August 2021

About 1204, Marina Heights Tower

1204 is a two-bedroom apartment of 1,431 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 30 August 2021 for AED 1,500,000, or AED 1,048 per sqft, 34% above the AED 783 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 March 2013. The current contract, signed on 25 March 2013, is AED 85,000 a year: a gross yield of 5.7% on the 2021 price, before the service charge of about AED 25,700 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, January 2013: AED 1,275,000 (AED 987 per sqft)Sold, January 2014: AED 1,825,000 (AED 1,412 per sqft)Sold, August 2021: AED 1,500,000 (AED 1,048 per sqft)

1204 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, 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 122,000New contract, March 2013: AED 85,000 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 1204 sits

All 181 2-beds →

1204 last sold in August 2021 at AED 1,048 per sqft, 34% above what two-beds in Marina Heights Tower were fetching at the time (AED 783). 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. 1204's AED 85,000 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 12th floor

All 375 units in Marina Heights Tower
Value
12012-bedAED 875K · Oct 2017
12032-bedAED 1.95M · Feb 2024
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

1204, Marina Heights Tower in numbers

  • Sold 3 times: first on 13 January 2013 for AED 1,275,000, last on 30 August 2021 for AED 1,500,000 (AED 1,048 per sqft).
  • Rented since March 2013 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 5.7%, before a service charge of about AED 25,700 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 30 August 2021.

Questions about 1204, Marina Heights Tower

What did unit 1204 last sell for?

AED 1,500,000 on 30 August 2021: AED 1,048 per sqft for 1,431 sqft. The unit has 3 registered sales; the first was AED 1,275,000 in January 2013.

What is the rent for unit 1204?

AED 85,000 a year on the contract signed on 25 March 2013.

How big is unit 1204?

1,431 sqft (132.9 sqm): a two-bedroom apartment on the 12th floor of a 53-storey tower completed in 2006.

What is unit 1204 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 1204, Marina Heights Tower

Starts from the last sale price (AED 1.5M, 30 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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