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2-bed · 1,195 sqftMarina Heights Tower, Dubai Marina · 8th floor · completed 2006

803, Marina Heights Tower

Sold prices and rental history: sold twice, last in May 2010, and rented once, from March 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 24 March 2020
Last soldAED 1M18 May 2010
Current rentAED 80K /yr24 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, Marina Heights Tower

What is 803 worth today?

Last sold for AED 1,000,000 in 2010

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24 Mar 2020RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
18 May 2010SoldReady
AED 1,000,000AED 836 per sqft
16 Jun 2009Sold by developerReady
AED 785,700AED 657 per sqft

Source: Dubai Land Department. Updated 24 March 2020.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
8th of 53
Parking
B4-13
Developer
SRG
Completed
2006
Service charge
AED 21,400 /yr
Last sold
AED 1M · May 2010
Building
Marina Heights Tower

About 803, Marina Heights Tower

803 is a two-bedroom apartment of 1,195 sqft on the 8th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 18 May 2010 for AED 1,000,000, or AED 836 per sqft, in line with the AED 848 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 March 2020. The current contract, signed on 24 March 2020, is AED 80,000 a year: a gross yield of 8.0% on the 2010 price, before the service charge of about AED 21,400 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, June 2009: AED 785,700 (AED 657 per sqft)Sold, May 2010: AED 1,000,000 (AED 836 per sqft)

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

Rents
Unit 803, each contractTypical two-bed in Marina Heights Tower
75K100K125K20112015201920232027Typical 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, March 2020: AED 80,000 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 803 sits

All 181 2-beds →

803 last sold in May 2010 at AED 836 per sqft, in line with what two-beds in Marina Heights Tower were fetching at the time (AED 848). 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. 803's AED 80,000 is at the bottom 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 8th floor

All 375 units in Marina Heights Tower
Value
8012-bedAED 800K · Jun 2021
8042-bedAED 1.03M · Sep 2007
8052-bedAED 1.29M · Oct 2012
8061-bedAED 1.1M · May 2018
8071-bedAED 721K · Sep 2007
8081-bedAED 780K · Apr 2019
8091-bedAED 445K · Oct 2009
1–7 of 9

803, Marina Heights Tower in numbers

  • Sold twice: first on 16 June 2009 for AED 785,700, last on 18 May 2010 for AED 1,000,000 (AED 836 per sqft).
  • Rented since March 2020 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2010 price is 8.0%, before a service charge of about AED 21,400 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 24 March 2020.

Questions about 803, Marina Heights Tower

What did unit 803 last sell for?

AED 1,000,000 on 18 May 2010: AED 836 per sqft for 1,195 sqft. The unit has 2 registered sales; the first was AED 785,700 in June 2009.

What is the rent for unit 803?

AED 80,000 a year on the contract signed on 24 March 2020.

How big is unit 803?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 8th floor of a 53-storey tower completed in 2006.

What is unit 803 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 803, Marina Heights Tower

Starts from the last sale price (AED 1M, 18 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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