3-bed · 3,073 sqftMarina Homes (Al Sahab Podium), Dubai Marina · 1st floor · completed 2006

6, Marina Homes (Al Sahab Podium)

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6 · DLD and Ejari recordsUpdated 15 July 2017
Last soldAED 3.19M24 January 2016
Current rentAED 320K /yr15 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6, Marina Homes (Al Sahab Podium)

What is 6 worth today?

Last sold for AED 3,190,000 in 2016

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15 Jul 2017RentedRenewal
AED 320,000/yr12 months · AED 104 per sqft
15 Jul 2016RentedNew contract
AED 320,000/yr12 months · AED 104 per sqft
24 Jan 2016Sold by developerReady
AED 3,190,000AED 1,038 per sqft

Source: Dubai Land Department. Updated 15 July 2017.

Key facts

Type
3-bed apartment
Size
3,073 sqft
Floor
1st of 2
Parking
417 , 418
Developer
Emaar
Completed
2006
Service charge
AED 43,500 /yr
Last sold
AED 3.19M · January 2016

About 6, Marina Homes (Al Sahab Podium)

6 is a three-bedroom apartment of 3,073 sqft on the 1st floor of Marina Homes (Al Sahab Podium), a 2-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 24 January 2016 for AED 3,190,000, or AED 1,038 per sqft, in line with the AED 1,038 three-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 15 July 2017, is AED 320,000 a year: a gross yield of 10.0% on the 2016 price, before the service charge of about AED 43,500 a year.

Sales and rents for 6 over time

Sales
Unit 6, each saleTypical three-bed in Marina Homes (Al Sahab Podium)
4M6M20082012201620202024Typical sale price by year: 2008 AED 2,675,496; 2009 AED 3,050,000; 2010 AED 3,239,710; 2011 AED 2,950,000; 2013 AED 3,147,444; 2022 AED 3,675,000; 2023 AED 5,500,000Sold by developer, January 2016: AED 3,190,000 (AED 1,038 per sqft)

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

Rents
Unit 6, each contractTypical three-bed in Marina Homes (Al Sahab Podium)
200K300K20152018202120242027Typical rent by year: 2015 AED 295,000; 2016 AED 307,500; 2017 AED 290,000; 2018 AED 200,000; 2019 AED 215,000; 2020 AED 190,000; 2021 AED 187,500; 2022 AED 190,000; 2023 AED 225,000; 2024 AED 237,500; 2025 AED 247,500; 2026 AED 315,000New contract, July 2016: AED 320,000 a yearRenewal, July 2017: AED 320,000 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 Homes (Al Sahab Podium), and where 6 sits

All 18 3-beds →

6 last sold in January 2016 at AED 1,038 per sqft, in line with what three-beds in Marina Homes (Al Sahab Podium) were fetching at the time (AED 1,038). 6's AED 320,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jul 20244,850,000
23 Nov 20235,500,000
18 Sep 20233,950,000
9 Jun 20236,700,000
0 3-bed sales in the last 12 months

Marina Homes (Al Sahab Podium)

Building

22 apartments, 2-bed to 3-bed over 2 floors in Dubai Marina, completed in 2006 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 315K /yr
Typical yield
Marina Homes (Al Sahab Podium), Dubai Marina: prices, sales and rents →
Value
012-bedAED 1.56M · Oct 2014
22-bedAED 3.41M · Jul 2008
33-bedAED 3.73M · Sep 2017
43-bedAED 4.7M · Mar 2014
53-bedAED 1.49M · Jul 2013
73-bedAED 5.5M · Nov 2023
83-bedAED 6.7M · Jun 2023
1–7 of 18

6, Marina Homes (Al Sahab Podium) in numbers

  • Sold once: by Emaar on 24 January 2016 for AED 3,190,000, or AED 1,038 per sqft.
  • Rented since July 2016 on 2 Ejari contracts, at AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2016 price is 10.0%, before a service charge of about AED 43,500 a year (AED 14.15 per sqft).

Source: Dubai Land Department. Updated 15 July 2017.

Questions about 6, Marina Homes (Al Sahab Podium)

What did unit 6 last sell for?

AED 3,190,000 on 24 January 2016, sold by the developer: AED 1,038 per sqft for 3,073 sqft. It is the only registered sale of the unit.

What is the rent for unit 6?

AED 320,000 a year on the contract renewed on 15 July 2017. The previous contract, from July 2016, was AED 320,000.

How big is unit 6?

3,073 sqft (285.5 sqm): a three-bedroom apartment on the 1st floor of a 2-storey tower completed in 2006.

What is unit 6 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 6, Marina Homes (Al Sahab Podium)

Starts from the last sale price (AED 3.19M, 24 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,190,000
Deposit, UAE resident (20%)
AED 638,000
Deposit, non-resident (40%)
AED 1,276,000
Monthly over 25 years at 3.7%
AED 13,051

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