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1-bed · 917 sqftMarina Heights Tower, Dubai Marina · 23rd floor · completed 2006

2306, Marina Heights Tower

Sold prices and rental history: sold twice, last in April 2014, and rented once, from September 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 4 September 2014
Last soldAED 1.45M6 April 2014
Current rentAED 83K /yr4 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2306, Marina Heights Tower

What is 2306 worth today?

Last sold for AED 1,450,000 in 2014

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4 Sep 2014RentedNew contract
AED 82,500/yr12 months · AED 90 per sqft
6 Apr 2014SoldReady
AED 1,450,000AED 1,581 per sqft
12 Oct 2009Sold by developerReady
AED 1,050,000AED 1,144 per sqft

Source: Dubai Land Department. Updated 4 September 2014.

Key facts

Type
1-bed apartment
Size
917 sqft
Floor
23rd of 53
Parking
B2-44
Developer
SRG
Completed
2006
Service charge
AED 16,500 /yr
Last sold
AED 1.45M · April 2014
Building
Marina Heights Tower

About 2306, Marina Heights Tower

2306 is a one-bedroom apartment of 917 sqft on the 23rd floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 6 April 2014 for AED 1,450,000, or AED 1,581 per sqft, 4% above the AED 1,527 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 September 2014. The current contract, signed on 4 September 2014, is AED 82,500 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 16,500 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, each saleTypical one-bed in Marina Heights Tower
500K1M1.5M20072012201720222027Typical sale price by year: 2007 AED 704,070; 2008 AED 718,830; 2009 AED 665,824; 2010 AED 703,337; 2011 AED 696,000; 2012 AED 574,814; 2013 AED 910,000; 2014 AED 1,350,000; 2015 AED 1,137,500; 2016 AED 1,275,000; 2017 AED 1,062,500; 2019 AED 765,000; 2022 AED 900,000; 2023 AED 1,150,000; 2024 AED 1,275,000; 2025 AED 1,375,000; 2026 AED 1,300,000Sold by developer, October 2009: AED 1,050,000 (AED 1,144 per sqft)Sold, April 2014: AED 1,450,000 (AED 1,581 per sqft)

2306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2306, each contractTypical one-bed in Marina Heights Tower
60K80K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 86,000; 2015 AED 90,000; 2016 AED 90,478; 2017 AED 89,759; 2018 AED 75,000; 2019 AED 70,000; 2020 AED 56,200; 2021 AED 57,500; 2022 AED 68,650; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 85,000New contract, September 2014: AED 82,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Heights Tower, and where 2306 sits

All 89 1-beds →

2306 last sold in April 2014 at AED 1,581 per sqft, 4% above what one-beds in Marina Heights Tower were fetching at the time (AED 1,527). Over the last 12 months one-beds sold for AED 1,300,000, around AED 1,286 per sqft, and rent for AED 62,000 to 145,020 a year. 2306's AED 82,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Sep 20261,300,000
10 Aug 20261,300,000
19 Jun 20261,300,000
30 Jul 20251,215,000
3 1-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
23042-bedAED 1.2M · Jun 2010
23052-bedAED 1.45M · Mar 2013
23071-bedAED 817K · Apr 2021
23081-bedAED 580K · Apr 2009
1–7 of 10

2306, Marina Heights Tower in numbers

  • Sold twice: first on 12 October 2009 for AED 1,050,000, last on 6 April 2014 for AED 1,450,000 (AED 1,581 per sqft).
  • Rented since September 2014 on one Ejari contract, at AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 16,500 a year (AED 17.95 per sqft).
  • One-beds in Marina Heights Tower sold for AED 1,300,000–1,300,000 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 4 September 2014.

Questions about 2306, Marina Heights Tower

What did unit 2306 last sell for?

AED 1,450,000 on 6 April 2014: AED 1,581 per sqft for 917 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in October 2009.

What is the rent for unit 2306?

AED 82,500 a year on the contract signed on 4 September 2014.

How big is unit 2306?

917 sqft (85.2 sqm): a one-bedroom apartment on the 23rd floor of a 53-storey tower completed in 2006.

What is unit 2306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Heights Tower sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 1,286 per sqft.

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Mortgage on 2306, Marina Heights Tower

Starts from the last sale price (AED 1.45M, 6 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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