2-bed · 2,404 sqftMarina Heights Tower, Dubai Marina · 3rd floor · completed 2006

301, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 12 September 2023
Last soldAED 2.6M12 September 2023
Current rentAED 99K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Marina Heights Tower

What is 301 worth today?

Last sold for AED 2,600,000 in 2023

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12 Sep 2023Sold by developerReady
AED 2,600,000AED 1,081 per sqft
1 Nov 2021RentedNew contract
AED 99,000/yr13 months · AED 41 per sqft
1 Sep 2020RentedNew contract
AED 99,000/yr14 months · AED 41 per sqft
26 Aug 2018RentedNew contract
AED 110,769/yr13 months · AED 46 per sqft
30 Dec 2017RentedNew contract
AED 130,000/yr12 months · AED 54 per sqft
15 Jan 2016RentedRenewal
AED 155,000/yr12 months · AED 71 per sqft
15 Jan 2015RentedRenewal
AED 154,350/yr12 months · AED 71 per sqft
15 Jan 2014RentedNew contract
AED 147,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 12 September 2023.

Key facts

Type
2-bed apartment
Size
2,404 sqft
Floor
3rd of 53
Parking
P3-38
Developer
SRG
Completed
2006
Service charge
AED 43,200 /yr
Last sold
AED 2.6M · September 2023

About 301, Marina Heights Tower

301 is a two-bedroom apartment of 2,404 sqft on the 3rd floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 12 September 2023 for AED 2,600,000, or AED 1,081 per sqft, 10% below the AED 1,196 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 8 Ejari contracts. The current contract, signed on 1 November 2021, is AED 99,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 43,200 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, September 2023: AED 2,600,000 (AED 1,081 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Marina Heights Tower
100K150K20112015201920232027Typical 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, January 2011: AED 140,000 a yearNew contract, January 2014: AED 147,000 a yearRenewal, January 2015: AED 154,350 a yearRenewal, January 2016: AED 155,000 a yearNew contract, December 2017: AED 130,000 a yearNew contract, August 2018: AED 110,769 a yearNew contract, September 2020: AED 99,000 a yearNew contract, November 2021: 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 301 sits

All 181 2-beds →

301 last sold in September 2023 at AED 1,081 per sqft, 10% below what two-beds in Marina Heights Tower were fetching at the time (AED 1,196). 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. 301'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 3rd floor

All 375 units in Marina Heights Tower
Value
3022-bedAED 2M · Feb 2023
3034-bedAED 2.95M · Jan 2008

301, Marina Heights Tower in numbers

  • Sold once: by SRG on 12 September 2023 for AED 2,600,000, or AED 1,081 per sqft.
  • Rented since January 2011 on 8 Ejari contracts, from AED 140,000 to AED 99,000 a year.
  • At AED 99,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 43,200 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 12 September 2023.

Questions about 301, Marina Heights Tower

What did unit 301 last sell for?

AED 2,600,000 on 12 September 2023, sold by the developer: AED 1,081 per sqft for 2,404 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 99,000 a year on the contract signed on 1 November 2021. The previous contract, from September 2020, was AED 99,000; the unit has been rented since January 2011.

How big is unit 301?

2,404 sqft (223.3 sqm): a two-bedroom apartment on the 3rd floor of a 53-storey tower completed in 2006.

What is unit 301 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 301, Marina Heights Tower

Starts from the last sale price (AED 2.6M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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