2-bed · 1,293 sqftMarina Heights Tower, Dubai Marina · 17th floor · completed 2006

1701, Marina Heights Tower

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

Unit 1701 · DLD and Ejari recordsUpdated 29 August 2021
Last soldAED 1.1M29 August 2021
Current rentAED 68K /yr10 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Marina Heights Tower

What is 1701 worth today?

Last sold for AED 1,100,000 in 2021

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29 Aug 2021SoldReady
AED 1,100,000AED 850 per sqft
10 Nov 2020RentedRenewal
AED 68,000/yr12 months · AED 53 per sqft
10 Nov 2019RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
21 Jun 2018RentedRenewal
AED 115,000/yr12 months · AED 96 per sqft
21 Jun 2017RentedRenewal
AED 115,000/yr12 months · AED 96 per sqft
21 Jun 2016RentedRenewal
AED 115,000/yr12 months · AED 96 per sqft
22 Jun 2015RentedRenewal
AED 115,000/yr12 months · AED 96 per sqft
22 Jun 2014RentedRenewal
AED 115,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 29 August 2021.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
17th of 53
Parking
B3-43
Developer
SRG
Completed
2006
Service charge
AED 23,200 /yr
Last sold
AED 1.1M · August 2021

About 1701, Marina Heights Tower

1701 is a two-bedroom apartment of 1,293 sqft on the 17th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 29 August 2021 for AED 1,100,000, or AED 850 per sqft, 11% above the AED 765 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 November 2020, is AED 68,000 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 23,200 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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, November 2008: AED 1,721,688 (AED 1,440 per sqft)Sold, June 2010: AED 1,300,000 (AED 1,088 per sqft)Sold, August 2021: AED 1,100,000 (AED 850 per sqft)

1701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in Marina Heights Tower
100K20112015201920232027Typical 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, June 2013: AED 115,000 a yearRenewal, June 2014: AED 115,000 a yearRenewal, June 2015: AED 115,000 a yearRenewal, June 2016: AED 115,000 a yearRenewal, June 2017: AED 115,000 a yearRenewal, June 2018: AED 115,000 a yearNew contract, November 2019: AED 90,000 a yearRenewal, November 2020: AED 68,000 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 1701 sits

All 181 2-beds →

1701 last sold in August 2021 at AED 850 per sqft, 11% above what two-beds in Marina Heights Tower were fetching at the time (AED 765). 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. 1701's AED 68,000 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 17th floor

All 375 units in Marina Heights Tower
Value
17022-bedAED 3.5M · Apr 2025
17032-bedAED 860K · Jun 2011
17042-bedAED 1.1M · Nov 2008
17052-bedAED 1.4M · Oct 2009
17061-bedAED 1.65M · Jul 2009
17071-bedAED 696K · Jun 2009
17081-bedAED 890K · Oct 2022
1–7 of 10

1701, Marina Heights Tower in numbers

  • Sold 3 times: first on 5 November 2008 for AED 1,721,688, last on 29 August 2021 for AED 1,100,000 (AED 850 per sqft).
  • Rented since June 2013 on 8 Ejari contracts, from AED 115,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 23,200 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 29 August 2021.

Questions about 1701, Marina Heights Tower

What did unit 1701 last sell for?

AED 1,100,000 on 29 August 2021: AED 850 per sqft for 1,293 sqft. The unit has 3 registered sales; the first was AED 1,721,688 in November 2008.

What is the rent for unit 1701?

AED 68,000 a year on the contract renewed on 10 November 2020. The previous contract, from November 2019, was AED 90,000; the unit has been rented since June 2013.

How big is unit 1701?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 17th floor of a 53-storey tower completed in 2006.

What is unit 1701 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 1701, Marina Heights Tower

Starts from the last sale price (AED 1.1M, 29 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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