3-bed · 1,721 sqftMarina Heights Tower, Dubai Marina · 35th floor · completed 2006

3503, Marina Heights Tower

Sold prices and rental history: sold twice, last in December 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 28 August 2021
Last soldAED 3M15 December 2008
Current rentAED 100K /yr28 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Marina Heights Tower

What is 3503 worth today?

Last sold for AED 3,000,000 in 2008

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28 Aug 2021RentedRenewal
AED 100,000/yr12 months · AED 52 per sqft
28 Aug 2020RentedRenewal
AED 115,000/yr12 months · AED 60 per sqft
28 Aug 2019RentedRenewal
AED 135,000/yr12 months · AED 71 per sqft
28 Aug 2018RentedRenewal
AED 145,000/yr12 months · AED 76 per sqft
28 Aug 2017RentedNew contract
AED 155,000/yr12 months · AED 81 per sqft
1 Sep 2015RentedRenewal
AED 145,000/yr12 months · AED 84 per sqft
1 Sep 2014RentedNew contract
AED 145,000/yr12 months · AED 84 per sqft
1 Sep 2013RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 28 August 2021.

Key facts

Type
3-bed apartment
Size
1,721 sqft
Floor
35th of 53
Parking
P4-10
Developer
SRG
Completed
2006
Service charge
AED 30,900 /yr
Last sold
AED 3M · December 2008

About 3503, Marina Heights Tower

3503 is a three-bedroom apartment of 1,721 sqft on the 35th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 15 December 2008 for AED 3,000,000, or AED 1,743 per sqft, 56% above the AED 1,118 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 28 August 2021, is AED 100,000 a year: a gross yield of 3.3% on the 2008 price, before the service charge of about AED 30,900 a year.

Sales and rents for 3503 over time

Sales
Unit 3503, 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, November 2008: AED 1,699,133 (AED 987 per sqft)Sold, December 2008: AED 3,000,000 (AED 1,743 per sqft)

3503 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3503, 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, September 2012: AED 125,000 a yearNew contract, September 2013: AED 130,000 a yearNew contract, September 2014: AED 145,000 a yearRenewal, September 2015: AED 145,000 a yearNew contract, August 2017: AED 155,000 a yearRenewal, August 2018: AED 145,000 a yearRenewal, August 2019: AED 135,000 a yearRenewal, August 2020: AED 115,000 a yearRenewal, August 2021: AED 100,000 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 3503 sits

All 94 3-beds →

3503 last sold in December 2008 at AED 1,743 per sqft, 56% above what three-beds in Marina Heights Tower were fetching at the time (AED 1,118). 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. 3503's AED 100,000 is at the bottom 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 35th floor

All 375 units in Marina Heights Tower
Value
35013-bedAED 2.5M · Sep 2013
35023-bedAED 1.35M · Feb 2021
35043-bedAED 1.3M · Jun 2021
35052-bedAED 695K · Jun 2023
35062-bedAED 1.13M · Feb 2009
35072-bedAED 1.23M · Apr 2012
35082-bedAED 1.4M · May 2013

3503, Marina Heights Tower in numbers

  • Sold twice: first on 27 November 2008 for AED 1,699,133, last on 15 December 2008 for AED 3,000,000 (AED 1,743 per sqft).
  • Rented since September 2012 on 9 Ejari contracts, from AED 125,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2008 price is 3.3%, before a service charge of about AED 30,900 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 28 August 2021.

Questions about 3503, Marina Heights Tower

What did unit 3503 last sell for?

AED 3,000,000 on 15 December 2008: AED 1,743 per sqft for 1,721 sqft. The unit has 2 registered sales; the first was AED 1,699,133 in November 2008.

What is the rent for unit 3503?

AED 100,000 a year on the contract renewed on 28 August 2021. The previous contract, from August 2020, was AED 115,000; the unit has been rented since September 2012.

How big is unit 3503?

1,721 sqft (159.9 sqm): a three-bedroom apartment on the 35th floor of a 53-storey tower completed in 2006.

What is unit 3503 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 3503, Marina Heights Tower

Starts from the last sale price (AED 3M, 15 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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