2-bed · 1,292 sqftMarina Heights Tower, Dubai Marina · 23rd floor · completed 2006

2304, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 30 January 2024
Last soldAED 1.2M10 June 2010
Current rentAED 97K /yr30 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Marina Heights Tower

What is 2304 worth today?

Last sold for AED 1,203,485 in 2010

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30 Jan 2024RentedRenewal
AED 96,800/yr12 months · AED 68 per sqft
30 Jan 2024RentedRenewal
AED 96,800/yr12 months · AED 68 per sqft
30 Jan 2023RentedRenewal
AED 88,000/yr12 months · AED 61 per sqft
30 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
30 Jan 2021RentedNew contract
AED 75,000/yr12 months · AED 52 per sqft
1 Nov 2020RentedNew contract
AED 75,000/yr12 months · AED 52 per sqft
15 Sep 2019RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
10 Jun 2010Sold by developerReady
AED 1,203,485AED 931 per sqft

Source: Dubai Land Department. Updated 30 January 2024.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
23rd of 53
Parking
B2-42
Developer
SRG
Completed
2006
Service charge
AED 23,200 /yr
Last sold
AED 1.2M · June 2010

About 2304, Marina Heights Tower

2304 is a two-bedroom apartment of 1,292 sqft on the 23rd floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 10 June 2010 for AED 1,203,485, or AED 931 per sqft, 9% above the AED 851 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 30 January 2024, is AED 96,800 a year: a gross yield of 8.0% on the 2010 price, before the service charge of about AED 23,200 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, June 2010: AED 1,203,485 (AED 931 per sqft)

2304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2304, 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 2019: AED 100,000 a yearNew contract, November 2020: AED 75,000 a yearNew contract, January 2021: AED 75,000 a yearRenewal, January 2022: AED 80,000 a yearRenewal, January 2023: AED 88,000 a yearRenewal, January 2024: AED 96,800 a yearRenewal, January 2024: AED 96,800 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 2304 sits

All 181 2-beds →

2304 last sold in June 2010 at AED 931 per sqft, 9% above what two-beds in Marina Heights Tower were fetching at the time (AED 851). 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. 2304's AED 96,800 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 23rd floor

All 375 units in Marina Heights Tower
Value
23012-bedAED 1.35M · Jan 2019
23022-bedAED 2.3M · May 2023
23032-bedAED 1.1M · Jun 2020
23052-bedAED 1.45M · Mar 2013
23061-bedAED 1.45M · Apr 2014
23071-bedAED 817K · Apr 2021
23081-bedAED 580K · Apr 2009
1–7 of 10

2304, Marina Heights Tower in numbers

  • Sold once: by SRG on 10 June 2010 for AED 1,203,485, or AED 931 per sqft.
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 96,800 by January 2024.
  • At AED 96,800 a year the gross yield on the 2010 price is 8.0%, 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 30 January 2024.

Questions about 2304, Marina Heights Tower

What did unit 2304 last sell for?

AED 1,203,485 on 10 June 2010, sold by the developer: AED 931 per sqft for 1,292 sqft. It is the only registered sale of the unit.

What is the rent for unit 2304?

AED 96,800 a year on the contract renewed on 30 January 2024. The previous contract, from January 2024, was AED 96,800; the unit has been rented since September 2019.

How big is unit 2304?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 23rd floor of a 53-storey tower completed in 2006.

What is unit 2304 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 2304, Marina Heights Tower

Starts from the last sale price (AED 1.2M, 10 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,203,485
Deposit, UAE resident (20%)
AED 240,697
Deposit, non-resident (40%)
AED 481,394
Monthly over 25 years at 3.7%
AED 4,924

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