2-bed · 1,217 sqftMarina Heights Tower, Dubai Marina · 32nd floor · completed 2006

3208, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3208 · DLD and Ejari recordsUpdated 10 December 2020
Last soldAED 1.48M1 June 2009
Current rentAED 60K /yr10 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3208, Marina Heights Tower

What is 3208 worth today?

Last sold for AED 1,475,000 in 2009

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10 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
15 Aug 2020RentedNew contract · flagged as an outlier
AED 30,000/yr12 months · AED 22 per sqft
1 Jun 2009Sold by developerReady
AED 1,475,000AED 1,211 per sqft

Source: Dubai Land Department. Updated 10 December 2020.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
32nd of 53
Parking
B1-58
Developer
SRG
Completed
2006
Service charge
AED 21,900 /yr
Last sold
AED 1.48M · June 2009

About 3208, Marina Heights Tower

3208 is a two-bedroom apartment of 1,217 sqft on the 32nd floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 1 June 2009 for AED 1,475,000, or AED 1,211 per sqft, 32% above the AED 917 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 10 December 2020, is AED 60,000 a year: a gross yield of 4.1% on the 2009 price, before the service charge of about AED 21,900 a year.

Sales and rents for 3208 over time

Sales
Unit 3208, 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 2009: AED 1,475,000 (AED 1,211 per sqft)

3208 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3208, each contractTypical two-bed in Marina Heights Tower
50K100K20112015201920232027Typical 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, December 2020: AED 60,000 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 3208 sits

All 181 2-beds →

3208 last sold in June 2009 at AED 1,211 per sqft, 32% above what two-beds in Marina Heights Tower were fetching at the time (AED 917). 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. 3208's AED 60,000 is at the bottom 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 32nd floor

All 375 units in Marina Heights Tower
Value
32013-bedAED 1.7M · May 2012
32023-bedAED 1.39M · Dec 2008
32033-bedAED 1.6M · Feb 2020
32043-bedAED 2.65M · Jan 2014
32052-bedAED 1.45M · Jul 2017
32062-bedAED 1M · May 2009
32072-bedAED 1.65M · Dec 2017

3208, Marina Heights Tower in numbers

  • Sold once: by SRG on 1 June 2009 for AED 1,475,000, or AED 1,211 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, from AED 30,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2009 price is 4.1%, before a service charge of about AED 21,900 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 10 December 2020.

Questions about 3208, Marina Heights Tower

What did unit 3208 last sell for?

AED 1,475,000 on 1 June 2009, sold by the developer: AED 1,211 per sqft for 1,217 sqft. It is the only registered sale of the unit.

What is the rent for unit 3208?

AED 60,000 a year on the contract signed on 10 December 2020. The previous contract, from August 2020, was AED 30,000.

How big is unit 3208?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 32nd floor of a 53-storey tower completed in 2006.

What is unit 3208 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 3208, Marina Heights Tower

Starts from the last sale price (AED 1.48M, 1 June 2009). 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 →