3-bed · 1,795 sqftMarina Heights Tower, Dubai Marina · 34th floor · completed 2006

3402, Marina Heights Tower

Sold prices and rental history: sold 3 times, last in July 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 1.85M23 July 2018
Current rentAED 127K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Marina Heights Tower

What is 3402 worth today?

Last sold for AED 1,850,000 in 2018

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1 Jan 2023RentedRenewal
AED 126,500/yr12 months · AED 71 per sqft
1 Jan 2022RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
1 Dec 2021RentedRenewal
AED 72,000/yr1 months · AED 40 per sqft
1 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
23 Jul 2018SoldReady
AED 1,850,000AED 1,030 per sqft
2 Jul 2018SoldReady
AED 1,500,000AED 835 per sqft
20 Jan 2014RentedNew contract
AED 137,500/yr12 months · AED 87 per sqft
27 Apr 2011Sold by developerReady
AED 1,427,273AED 902 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
3-bed apartment
Size
1,795 sqft
Floor
34th of 53
Parking
P4-01
Developer
SRG
Completed
2006
Service charge
AED 32,200 /yr
Last sold
AED 1.85M · July 2018

About 3402, Marina Heights Tower

3402 is a three-bedroom apartment of 1,795 sqft on the 34th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 23 July 2018 for AED 1,850,000, or AED 1,030 per sqft, 7% above the AED 962 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 126,500 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 32,200 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, April 2011: AED 1,427,273 (AED 902 per sqft)Sold, July 2018: AED 1,850,000 (AED 1,030 per sqft)Sold, July 2018: AED 1,500,000 (AED 835 per sqft)

3402 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3402, 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, January 2014: AED 137,500 a yearNew contract, December 2020: AED 100,000 a yearRenewal, December 2021: AED 72,000 a yearRenewal, January 2022: AED 115,000 a yearRenewal, January 2023: AED 126,500 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 3402 sits

All 94 3-beds →

3402 last sold in July 2018 at AED 1,030 per sqft, 7% above what three-beds in Marina Heights Tower were fetching at the time (AED 962). 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. 3402's AED 126,500 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 34th floor

All 375 units in Marina Heights Tower
Value
34013-bedAED 2M · Apr 2013
34033-bedAED 1.76M · Feb 2009
34043-bedAED 2.1M · Jan 2016
34052-bedAED 1.55M · Oct 2023
34062-bedAED 1.03M · Jan 2009
34072-bedAED 1.48M · Nov 2023
34082-bedAED 1.75M · Jun 2013

3402, Marina Heights Tower in numbers

  • Sold 3 times: first on 27 April 2011 for AED 1,427,273, last on 23 July 2018 for AED 1,850,000 (AED 1,030 per sqft).
  • Rented since January 2014 on 5 Ejari contracts. The rent fell from AED 137,500 to AED 72,000 in 2021 and recovered to AED 126,500 by January 2023.
  • At AED 126,500 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 32,200 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 1 January 2023.

Questions about 3402, Marina Heights Tower

What did unit 3402 last sell for?

AED 1,850,000 on 23 July 2018: AED 1,030 per sqft for 1,795 sqft. The unit has 3 registered sales; the first was AED 1,427,273 in April 2011.

What is the rent for unit 3402?

AED 126,500 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 115,000; the unit has been rented since January 2014.

How big is unit 3402?

1,795 sqft (166.8 sqm): a three-bedroom apartment on the 34th floor of a 53-storey tower completed in 2006.

What is unit 3402 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 3402, Marina Heights Tower

Starts from the last sale price (AED 1.85M, 23 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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