2-bed · 1,075 sqftMarina Heights Tower, Dubai Marina · 35th floor · completed 2006

3505, Marina Heights Tower

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3505 · DLD and Ejari recordsUpdated 17 June 2023
Last soldAED 695K12 June 2023
Current rentAED 98K /yr17 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3505, Marina Heights Tower

What is 3505 worth today?

Last sold for AED 695,000 in 2023

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17 Jun 2023RentedNew contract
AED 97,650/yr10 months · AED 83 per sqft
12 Jun 2023SoldReady
AED 695,000AED 589 per sqft
15 Apr 2023RentedRenewal
AED 97,650/yr12 months · AED 83 per sqft
15 Apr 2022RentedNew contract
AED 93,000/yr12 months · AED 79 per sqft
7 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
28 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
29 Dec 2019RentedNew contract
AED 84,000/yr12 months · AED 71 per sqft
18 May 2017RentedRenewal
AED 115,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 17 June 2023.

Key facts

Type
2-bed apartment
Size
1,075 sqft
Floor
35th of 53
Parking
P4-12
Developer
SRG
Completed
2006
Service charge
AED 19,300 /yr
Last sold
AED 695K · June 2023

About 3505, Marina Heights Tower

3505 is a two-bedroom apartment of 1,075 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 12 June 2023 for AED 695,000, or AED 589 per sqft, 51% below the AED 1,196 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 17 June 2023, is AED 97,650 a year: a gross yield of 14.1% on the 2023 price, before the service charge of about AED 19,300 a year.

Sales and rents for 3505 over time

Sales
Unit 3505, 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, May 2010: AED 1,132,110 (AED 1,052 per sqft)Sold, June 2023: AED 695,000 (AED 589 per sqft)

3505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3505, each contractTypical two-bed in Marina Heights Tower
100K20112015201920232027Typical 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, February 2012: AED 104,000 a yearNew contract, April 2013: AED 115,000 a yearNew contract, April 2015: AED 126,500 a yearNew contract, May 2016: AED 115,000 a yearRenewal, May 2017: AED 115,000 a yearNew contract, December 2019: AED 84,000 a yearNew contract, October 2020: AED 65,000 a yearNew contract, December 2021: AED 80,000 a yearNew contract, April 2022: AED 93,000 a yearRenewal, April 2023: AED 97,650 a yearNew contract, June 2023: AED 97,650 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 3505 sits

All 181 2-beds →

3505 last sold in June 2023 at AED 589 per sqft, 51% 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. 3505's AED 97,650 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 35th floor

All 375 units in Marina Heights Tower
Value
35013-bedAED 2.5M · Sep 2013
35023-bedAED 1.35M · Feb 2021
35033-bedAED 3M · Dec 2008
35043-bedAED 1.3M · Jun 2021
35062-bedAED 1.13M · Feb 2009
35072-bedAED 1.23M · Apr 2012
35082-bedAED 1.4M · May 2013

3505, Marina Heights Tower in numbers

  • Sold twice: first on 18 May 2010 for AED 1,132,110, last on 12 June 2023 for AED 695,000 (AED 589 per sqft).
  • Rented since February 2012 on 11 Ejari contracts. The rent fell from AED 104,000 to AED 65,000 in 2020 and recovered to AED 97,650 by June 2023.
  • At AED 97,650 a year the gross yield on the 2023 price is 14.1%, before a service charge of about AED 19,300 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 17 June 2023.

Questions about 3505, Marina Heights Tower

What did unit 3505 last sell for?

AED 695,000 on 12 June 2023: AED 589 per sqft for 1,075 sqft. The unit has 2 registered sales; the first was AED 1,132,110 in May 2010.

What is the rent for unit 3505?

AED 97,650 a year on the contract signed on 17 June 2023. The previous contract, from April 2023, was AED 97,650; the unit has been rented since February 2012.

How big is unit 3505?

1,075 sqft (99.9 sqm): a two-bedroom apartment on the 35th floor of a 53-storey tower completed in 2006.

What is unit 3505 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 3505, Marina Heights Tower

Starts from the last sale price (AED 695K, 12 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 695,000
Deposit, UAE resident (20%)
AED 139,000
Deposit, non-resident (40%)
AED 278,000
Monthly over 25 years at 3.7%
AED 2,843

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