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2-bed · 1,189 sqftMarina Heights Tower, Dubai Marina · 2nd floor · completed 2006

201, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in November 2015, and rented once, from September 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 3 November 2015
Last soldAED 2M3 November 2015
Current rentAED 90K /yr1 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 201, Marina Heights Tower

What is 201 worth today?

Last sold for AED 2,000,000 in 2015

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3 Nov 2015Sold by developerReady
AED 2,000,000AED 1,682 per sqft
1 Sep 2015RentedNew contract
AED 90,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 3 November 2015.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
2nd of 53
Parking
P2-38
Developer
SRG
Completed
2006
Service charge
AED 21,300 /yr
Last sold
AED 2M · November 2015
Building
Marina Heights Tower

About 201, Marina Heights Tower

201 is a two-bedroom apartment of 1,189 sqft on the 2nd floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 3 November 2015 for AED 2,000,000, or AED 1,682 per sqft, 24% above the AED 1,355 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2015. The current contract, signed on 1 September 2015, is AED 90,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 21,300 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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 2015: AED 2,000,000 (AED 1,682 per sqft)

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

Rents
Unit 201, 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, September 2015: AED 90,000 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 201 sits

All 181 2-beds →

201 last sold in November 2015 at AED 1,682 per sqft, 24% above what two-beds in Marina Heights Tower were fetching at the time (AED 1,355). 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. 201's AED 90,000 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 2nd floor

All 375 units in Marina Heights Tower
Value
2022-bedAED 1.76M · Oct 2017

201, Marina Heights Tower in numbers

  • Sold once: by SRG on 3 November 2015 for AED 2,000,000, or AED 1,682 per sqft.
  • Rented since September 2015 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 4.5%, before a service charge of about AED 21,300 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 3 November 2015.

Questions about 201, Marina Heights Tower

What did unit 201 last sell for?

AED 2,000,000 on 3 November 2015, sold by the developer: AED 1,682 per sqft for 1,189 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 90,000 a year on the contract signed on 1 September 2015.

How big is unit 201?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 2nd floor of a 53-storey tower completed in 2006.

What is unit 201 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 201, Marina Heights Tower

Starts from the last sale price (AED 2M, 3 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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