2-bed · 1,750 sqftMarina Heights Tower, Dubai Marina · 2nd floor · completed 2006

202, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in October 2017, and rented once, from June 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 19 October 2017
Last soldAED 1.76M19 October 2017
Current rentAED 95K /yr1 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Marina Heights Tower

What is 202 worth today?

Last sold for AED 1,761,500 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Oct 2017Sold by developerReady
AED 1,761,500AED 1,006 per sqft
1 Jun 2013RentedNew contract
AED 95,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 19 October 2017.

Key facts

Type
2-bed apartment
Size
1,750 sqft
Floor
2nd of 53
Parking
P2-15
Developer
SRG
Completed
2006
Service charge
AED 31,400 /yr
Last sold
AED 1.76M · October 2017

About 202, Marina Heights Tower

202 is a two-bedroom apartment of 1,750 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 19 October 2017 for AED 1,761,500, or AED 1,006 per sqft, 20% below the AED 1,250 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2013. The current contract, signed on 1 June 2013, is AED 95,000 a year: a gross yield of 5.4% on the 2017 price, before the service charge of about AED 31,400 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, October 2017: AED 1,761,500 (AED 1,006 per sqft)

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

Rents
Unit 202, 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, June 2013: AED 95,000 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 202 sits

All 181 2-beds →

202 last sold in October 2017 at AED 1,006 per sqft, 20% below what two-beds in Marina Heights Tower were fetching at the time (AED 1,250). 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. 202's AED 95,000 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
2012-bedAED 2M · Nov 2015

202, Marina Heights Tower in numbers

  • Sold once: by SRG on 19 October 2017 for AED 1,761,500, or AED 1,006 per sqft.
  • Rented since June 2013 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2017 price is 5.4%, before a service charge of about AED 31,400 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 19 October 2017.

Questions about 202, Marina Heights Tower

What did unit 202 last sell for?

AED 1,761,500 on 19 October 2017, sold by the developer: AED 1,006 per sqft for 1,750 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 95,000 a year on the contract signed on 1 June 2013.

How big is unit 202?

1,750 sqft (162.6 sqm): a two-bedroom apartment on the 2nd floor of a 53-storey tower completed in 2006.

What is unit 202 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.

Selling 202? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 202, Marina Heights Tower

Starts from the last sale price (AED 1.76M, 19 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,761,500
Deposit, UAE resident (20%)
AED 352,300
Deposit, non-resident (40%)
AED 704,600
Monthly over 25 years at 3.7%
AED 7,207

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