2-bed · 1,195 sqftMarina Heights Tower, Dubai Marina · 27th floor · completed 2006

2703, Marina Heights Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2703 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 1.48M19 December 2012
Current rentAED 99K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2703, Marina Heights Tower

What is 2703 worth today?

Last sold for AED 1,475,000 in 2012

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1 Jul 2023RentedRenewal
AED 99,000/yr12 months · AED 76 per sqft
1 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
15 Oct 2020RentedRenewal
AED 73,000/yr12 months · AED 56 per sqft
15 Oct 2019RentedRenewal
AED 89,000/yr12 months · AED 68 per sqft
15 Oct 2018RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
1 Apr 2016RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
19 Dec 2012SoldReady
AED 1,475,000AED 1,234 per sqft
28 Oct 2008Sold by developerReady
AED 1,350,000AED 1,129 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
27th of 53
Parking
B1-16
Developer
SRG
Completed
2006
Service charge
AED 21,400 /yr
Last sold
AED 1.48M · December 2012

About 2703, Marina Heights Tower

2703 is a two-bedroom apartment of 1,195 sqft on the 27th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 19 December 2012 for AED 1,475,000, or AED 1,234 per sqft, 31% above the AED 945 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 99,000 a year: a gross yield of 6.7% on the 2012 price, before the service charge of about AED 21,400 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, 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 2008: AED 1,350,000 (AED 1,129 per sqft)Sold, December 2012: AED 1,475,000 (AED 1,234 per sqft)

2703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2703, 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, April 2016: AED 120,000 a yearNew contract, October 2018: AED 95,000 a yearRenewal, October 2019: AED 89,000 a yearRenewal, October 2020: AED 73,000 a yearNew contract, July 2022: AED 90,000 a yearRenewal, July 2023: AED 99,000 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 2703 sits

All 181 2-beds →

2703 last sold in December 2012 at AED 1,234 per sqft, 31% above what two-beds in Marina Heights Tower were fetching at the time (AED 945). 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. 2703's AED 99,000 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 27th floor

All 375 units in Marina Heights Tower
Value
27012-bedAED 2.3M · Jul 2026
27022-bedAED 2.55M · Aug 2013
27042-bedAED 2M · Dec 2014
27052-bedAED 1.1M · Mar 2022
27061-bedAED 1.49M · Apr 2025
27071-bedAED 1000K · Feb 2008
27081-bedAED 1.25M · Jul 2024
1–7 of 10

2703, Marina Heights Tower in numbers

  • Sold twice: first on 28 October 2008 for AED 1,350,000, last on 19 December 2012 for AED 1,475,000 (AED 1,234 per sqft).
  • Rented since April 2016 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 73,000 in 2020 and recovered to AED 99,000 by July 2023.
  • At AED 99,000 a year the gross yield on the 2012 price is 6.7%, before a service charge of about AED 21,400 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 1 July 2023.

Questions about 2703, Marina Heights Tower

What did unit 2703 last sell for?

AED 1,475,000 on 19 December 2012: AED 1,234 per sqft for 1,195 sqft. The unit has 2 registered sales; the first was AED 1,350,000 in October 2008.

What is the rent for unit 2703?

AED 99,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 90,000; the unit has been rented since April 2016.

How big is unit 2703?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 27th floor of a 53-storey tower completed in 2006.

What is unit 2703 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 2703, Marina Heights Tower

Starts from the last sale price (AED 1.48M, 19 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

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