1-bed · 685 sqftMarina Heights Tower, Dubai Marina · 7th floor · completed 2006

709, Marina Heights Tower

Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 31 December 2019
Last soldAED 735K3 October 2011
Current rentAED 71K /yr31 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Marina Heights Tower

What is 709 worth today?

Last sold for AED 735,000 in 2011

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31 Dec 2019RentedRenewal
AED 71,000/yr12 months · AED 96 per sqft
31 Dec 2018RentedRenewal
AED 77,000/yr12 months · AED 104 per sqft
31 Dec 2017RentedNew contract
AED 85,000/yr12 months · AED 114 per sqft
4 Oct 2015RentedNew contract
AED 90,000/yr12 months · AED 131 per sqft
3 Oct 2011SoldReady
AED 735,000AED 1,073 per sqft
12 Oct 2009Sold by developerReady
AED 445,307AED 650 per sqft

Source: Dubai Land Department. Updated 31 December 2019.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
7th of 53
Parking
B4-09
Developer
SRG
Completed
2006
Service charge
AED 12,300 /yr
Last sold
AED 735K · October 2011

About 709, Marina Heights Tower

709 is a one-bedroom apartment of 685 sqft on the 7th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 3 October 2011 for AED 735,000, or AED 1,073 per sqft, 32% above the AED 813 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 31 December 2019, is AED 71,000 a year: a gross yield of 9.7% on the 2011 price, before the service charge of about AED 12,300 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Marina Heights Tower
500K1M1.5M20072012201720222027Typical sale price by year: 2007 AED 704,070; 2008 AED 718,830; 2009 AED 665,824; 2010 AED 703,337; 2011 AED 696,000; 2012 AED 574,814; 2013 AED 910,000; 2014 AED 1,350,000; 2015 AED 1,137,500; 2016 AED 1,275,000; 2017 AED 1,062,500; 2019 AED 765,000; 2022 AED 900,000; 2023 AED 1,150,000; 2024 AED 1,275,000; 2025 AED 1,375,000; 2026 AED 1,300,000Sold by developer, October 2009: AED 445,307 (AED 650 per sqft)Sold, October 2011: AED 735,000 (AED 1,073 per sqft)

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

Rents
Unit 709, each contractTypical one-bed in Marina Heights Tower
60K80K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 86,000; 2015 AED 90,000; 2016 AED 90,478; 2017 AED 89,759; 2018 AED 75,000; 2019 AED 70,000; 2020 AED 56,200; 2021 AED 57,500; 2022 AED 68,650; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 85,000New contract, October 2015: AED 90,000 a yearNew contract, December 2017: AED 85,000 a yearRenewal, December 2018: AED 77,000 a yearRenewal, December 2019: AED 71,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Heights Tower, and where 709 sits

All 89 1-beds →

709 last sold in October 2011 at AED 1,073 per sqft, 32% above what one-beds in Marina Heights Tower were fetching at the time (AED 813). Over the last 12 months one-beds sold for AED 1,300,000, around AED 1,286 per sqft, and rent for AED 62,000 to 145,020 a year. 709's AED 71,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Sep 20261,300,000
10 Aug 20261,300,000
19 Jun 20261,300,000
30 Jul 20251,215,000
3 1-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 7th floor

All 375 units in Marina Heights Tower
Value
7012-bedAED 894K · Apr 2010
7022-bedAED 2.09M · Sep 2021
7032-bedAED 894K · Feb 2011
7042-bedAED 1.92M · Oct 2024
7052-bedAED 1.78M · Dec 2023
7061-bedAED 1.18M · Jan 2014
7071-bedAED 721K · Aug 2009
1–7 of 10

709, Marina Heights Tower in numbers

  • Sold twice: first on 12 October 2009 for AED 445,307, last on 3 October 2011 for AED 735,000 (AED 1,073 per sqft).
  • Rented since October 2015 on 4 Ejari contracts, from AED 90,000 to AED 71,000 a year.
  • At AED 71,000 a year the gross yield on the 2011 price is 9.7%, before a service charge of about AED 12,300 a year (AED 17.95 per sqft).
  • One-beds in Marina Heights Tower sold for AED 1,300,000–1,300,000 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 31 December 2019.

Questions about 709, Marina Heights Tower

What did unit 709 last sell for?

AED 735,000 on 3 October 2011: AED 1,073 per sqft for 685 sqft. The unit has 2 registered sales; the first was AED 445,307 in October 2009.

What is the rent for unit 709?

AED 71,000 a year on the contract renewed on 31 December 2019. The previous contract, from December 2018, was AED 77,000; the unit has been rented since October 2015.

How big is unit 709?

685 sqft (63.6 sqm): a one-bedroom apartment on the 7th floor of a 53-storey tower completed in 2006.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Heights Tower sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 1,286 per sqft.

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Mortgage on 709, Marina Heights Tower

Starts from the last sale price (AED 735K, 3 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

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