3-bed · 1,907 sqftMarina Heights Tower, Dubai Marina · 32nd floor · completed 2006

3203, Marina Heights Tower

Sold prices and rental history: sold 3 times, last in February 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 13 February 2020
Last soldAED 1.6M13 February 2020
Current rentAED 140K /yr20 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Marina Heights Tower

What is 3203 worth today?

Last sold for AED 1,600,000 in 2020

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13 Feb 2020SoldReady
AED 1,600,000AED 838 per sqft
20 Dec 2017RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft
15 Jul 2016RentedRenewal
AED 165,000/yr12 months · AED 96 per sqft
15 Jul 2015RentedRenewal
AED 170,000/yr12 months · AED 99 per sqft
15 Jul 2014RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
16 Jan 2013SoldReady
AED 1,635,000AED 949 per sqft
30 Apr 2012RentedNew contract
AED 127,747/yr12 months · AED 74 per sqft
29 May 2008Sold by developerReady
AED 1,574,486AED 914 per sqft

Source: Dubai Land Department. Updated 13 February 2020.

Key facts

Type
3-bed apartment
Size
1,907 sqft
Floor
32nd of 53
Parking
B1-53
Developer
SRG
Completed
2006
Service charge
AED 34,200 /yr
Last sold
AED 1.6M · February 2020

About 3203, Marina Heights Tower

3203 is a three-bedroom apartment of 1,907 sqft on the 32nd floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 13 February 2020 for AED 1,600,000, or AED 838 per sqft, 13% above the AED 740 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 20 December 2017, is AED 140,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 34,200 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, each saleTypical three-bed in Marina Heights Tower
2M3M2007201220172022Typical sale price by year: 2007 AED 1,834,485; 2008 AED 1,749,019; 2009 AED 1,790,979; 2010 AED 1,790,979; 2011 AED 1,608,293; 2012 AED 1,835,500; 2013 AED 2,020,000; 2014 AED 2,537,500; 2015 AED 2,237,500; 2016 AED 2,099,810; 2018 AED 1,800,000; 2019 AED 1,440,000; 2021 AED 1,550,000; 2022 AED 1,900,000; 2023 AED 2,300,000; 2024 AED 2,803,088; 2025 AED 2,800,000Sold by developer, May 2008: AED 1,574,486 (AED 914 per sqft)Sold, January 2013: AED 1,635,000 (AED 949 per sqft)Sold, February 2020: AED 1,600,000 (AED 838 per sqft)

3203 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3203, each contractTypical three-bed in Marina Heights Tower
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 149,000; 2014 AED 157,500; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 106,000; 2022 AED 126,500; 2023 AED 150,100; 2024 AED 170,000; 2025 AED 177,500; 2026 AED 177,500New contract, April 2012: AED 127,747 a yearNew contract, July 2014: AED 170,000 a yearRenewal, July 2015: AED 170,000 a yearRenewal, July 2016: AED 165,000 a yearNew contract, December 2017: AED 140,000 a year

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

3-beds in Marina Heights Tower, and where 3203 sits

All 94 3-beds →

3203 last sold in February 2020 at AED 838 per sqft, 13% above what three-beds in Marina Heights Tower were fetching at the time (AED 740). Over the last 12 months three-beds sold for AED 2,500,000 to 2,745,000, around AED 1,380 per sqft, and rent for AED 120,000 to 350,000 a year. 3203's AED 140,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 May 20262,500,000
24 Mar 20262,745,000
1 Sep 20252,800,000
10 Jul 20252,900,000
2 3-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 32nd floor

All 375 units in Marina Heights Tower
Value
32013-bedAED 1.7M · May 2012
32023-bedAED 1.39M · Dec 2008
32043-bedAED 2.65M · Jan 2014
32052-bedAED 1.45M · Jul 2017
32062-bedAED 1M · May 2009
32072-bedAED 1.65M · Dec 2017
32082-bedAED 1.48M · Jun 2009

3203, Marina Heights Tower in numbers

  • Sold 3 times: first on 29 May 2008 for AED 1,574,486, last on 13 February 2020 for AED 1,600,000 (AED 838 per sqft).
  • Rented since April 2012 on 5 Ejari contracts, from AED 127,747 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 34,200 a year (AED 17.95 per sqft).
  • Three-beds in Marina Heights Tower sold for AED 2,500,000–2,745,000 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 13 February 2020.

Questions about 3203, Marina Heights Tower

What did unit 3203 last sell for?

AED 1,600,000 on 13 February 2020: AED 838 per sqft for 1,907 sqft. The unit has 3 registered sales; the first was AED 1,574,486 in May 2008.

What is the rent for unit 3203?

AED 140,000 a year on the contract signed on 20 December 2017. The previous contract, from July 2016, was AED 165,000; the unit has been rented since April 2012.

How big is unit 3203?

1,907 sqft (177.2 sqm): a three-bedroom apartment on the 32nd floor of a 53-storey tower completed in 2006.

What is unit 3203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Heights Tower sold for AED 2,500,000 to 2,745,000 in the last 12 months, around AED 1,380 per sqft.

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Mortgage on 3203, Marina Heights Tower

Starts from the last sale price (AED 1.6M, 13 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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