2-bed · 1,834 sqftMarina Heights Tower, Dubai Marina · 13th floor · completed 2006

1302, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in January 2019, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 23 January 2019
Last soldAED 1.24M23 January 2019
Current rentAED 140K /yr15 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Marina Heights Tower

What is 1302 worth today?

Last sold for AED 1,236,639 in 2019

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23 Jan 2019Sold by developerReady
AED 1,236,639AED 674 per sqft
15 Jun 2016RentedNew contract
AED 140,000/yr12 months · AED 87 per sqft
15 Jan 2015RentedNew contract
AED 168,000/yr12 months · AED 105 per sqft
2 Mar 2013RentedNew contract
AED 118,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 23 January 2019.

Key facts

Type
2-bed apartment
Size
1,834 sqft
Floor
13th of 53
Parking
B3-02
Developer
SRG
Completed
2006
Service charge
AED 32,900 /yr
Last sold
AED 1.24M · January 2019

About 1302, Marina Heights Tower

1302 is a two-bedroom apartment of 1,834 sqft on the 13th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 23 January 2019 for AED 1,236,639, or AED 674 per sqft, 17% below the AED 810 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 15 June 2016, is AED 140,000 a year: a gross yield of 11.3% on the 2019 price, before the service charge of about AED 32,900 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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 2019: AED 1,236,639 (AED 674 per sqft)

1302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, each contractTypical two-bed in Marina Heights Tower
100K150K20112015201920232027Typical 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 118,000 a yearNew contract, January 2015: AED 168,000 a yearNew contract, June 2016: AED 140,000 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 1302 sits

All 181 2-beds →

1302 last sold in January 2019 at AED 674 per sqft, 17% below what two-beds in Marina Heights Tower were fetching at the time (AED 810). 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. 1302's AED 140,000 is in the lower half 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 13th floor

All 375 units in Marina Heights Tower
Value
13012-bedAED 2.4M · Mar 2025
13032-bedAED 1.73M · Dec 2021
13042-bedAED 969K · Feb 2011
13052-bedAED 1.8M · Feb 2015
13061-bedAED 1.45M · May 2014
13071-bedAED 900K · Dec 2022
13081-bedAED 1.35M · Apr 2025
1–7 of 10

1302, Marina Heights Tower in numbers

  • Sold once: by SRG on 23 January 2019 for AED 1,236,639, or AED 674 per sqft.
  • Rented since March 2013 on 3 Ejari contracts, from AED 118,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 11.3%, before a service charge of about AED 32,900 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 23 January 2019.

Questions about 1302, Marina Heights Tower

What did unit 1302 last sell for?

AED 1,236,639 on 23 January 2019, sold by the developer: AED 674 per sqft for 1,834 sqft. It is the only registered sale of the unit.

What is the rent for unit 1302?

AED 140,000 a year on the contract signed on 15 June 2016. The previous contract, from January 2015, was AED 168,000; the unit has been rented since March 2013.

How big is unit 1302?

1,834 sqft (170.4 sqm): a two-bedroom apartment on the 13th floor of a 53-storey tower completed in 2006.

What is unit 1302 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 1302, Marina Heights Tower

Starts from the last sale price (AED 1.24M, 23 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,236,639
Deposit, UAE resident (20%)
AED 247,328
Deposit, non-resident (40%)
AED 494,656
Monthly over 25 years at 3.7%
AED 5,059

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