3-bed · 2,449 sqftMarina Heights Tower, Dubai Marina · 38th floor · completed 2006

3805, Marina Heights Tower

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3805 · DLD and Ejari recordsUpdated 21 February 2021
Last soldAED 1.55M21 February 2021
Current rentAED 120K /yr15 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3805, Marina Heights Tower

What is 3805 worth today?

Last sold for AED 1,550,000 in 2021

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21 Feb 2021SoldReady
AED 1,550,000AED 632 per sqft
15 Dec 2019RentedRenewal
AED 120,000/yr12 months · AED 49 per sqft
15 Dec 2018RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
1 Feb 2016Sold by developerReady
AED 2,450,000AED 1,126 per sqft
15 Nov 2015RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft
15 Nov 2014RentedNew contract
AED 157,500/yr12 months · AED 72 per sqft
15 Oct 2013RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 21 February 2021.

Key facts

Type
3-bed apartment
Size
2,449 sqft
Floor
38th of 53
Parking
P4-36
Developer
SRG
Completed
2006
Service charge
AED 44,000 /yr
Last sold
AED 1.55M · February 2021

About 3805, Marina Heights Tower

3805 is a three-bedroom apartment of 2,449 sqft on the 38th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 21 February 2021 for AED 1,550,000, or AED 632 per sqft, 18% below the AED 768 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 December 2019, is AED 120,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 44,000 a year.

Sales and rents for 3805 over time

Sales
Unit 3805, 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, February 2016: AED 2,450,000 (AED 1,126 per sqft)Sold, February 2021: AED 1,550,000 (AED 632 per sqft)

3805 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3805, 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, October 2013: AED 150,000 a yearNew contract, November 2014: AED 157,500 a yearRenewal, November 2015: AED 175,000 a yearNew contract, December 2018: AED 120,000 a yearRenewal, December 2019: AED 120,000 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 3805 sits

All 94 3-beds →

3805 last sold in February 2021 at AED 632 per sqft, 18% below what three-beds in Marina Heights Tower were fetching at the time (AED 768). 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. 3805's AED 120,000 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 38th floor

All 375 units in Marina Heights Tower
Value
38013-bedAED 1.75M · Apr 2018
38023-bedAED 2.6M · Feb 2017
38033-bedAED 1.9M · Feb 2013
38043-bedAED 1.64M · Mar 2009
38063-bedAED 2.6M · Oct 2013

3805, Marina Heights Tower in numbers

  • Sold twice: first on 1 February 2016 for AED 2,450,000, last on 21 February 2021 for AED 1,550,000 (AED 632 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 150,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 44,000 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 21 February 2021.

Questions about 3805, Marina Heights Tower

What did unit 3805 last sell for?

AED 1,550,000 on 21 February 2021: AED 632 per sqft for 2,449 sqft. The unit has 2 registered sales; the first was AED 2,450,000 in February 2016.

What is the rent for unit 3805?

AED 120,000 a year on the contract renewed on 15 December 2019. The previous contract, from December 2018, was AED 120,000; the unit has been rented since October 2013.

How big is unit 3805?

2,449 sqft (227.5 sqm): a three-bedroom apartment on the 38th floor of a 53-storey tower completed in 2006.

What is unit 3805 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 3805, Marina Heights Tower

Starts from the last sale price (AED 1.55M, 21 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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