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

7, Marina Homes (Al Sahab Podium)

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7 · DLD and Ejari recordsUpdated 23 November 2023
Last soldAED 5.5M23 November 2023
Current rentAED 210K /yr29 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7, Marina Homes (Al Sahab Podium)

What is 7 worth today?

Last sold for AED 5,500,000 in 2023

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23 Nov 2023SoldReady
AED 5,500,000AED 1,789 per sqft
29 Apr 2022RentedRenewal
AED 210,000/yr12 months · AED 68 per sqft
29 Apr 2021RentedRenewal
AED 210,000/yr12 months · AED 68 per sqft
29 Apr 2020RentedRenewal
AED 230,000/yr12 months · AED 75 per sqft
29 Apr 2019RentedNew contract
AED 235,000/yr12 months · AED 77 per sqft
1 Jul 2018RentedRenewal
AED 290,000/yr12 months · AED 95 per sqft
1 Jul 2017RentedRenewal
AED 290,000/yr12 months · AED 95 per sqft
1 Jul 2016RentedNew contract
AED 290,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type
3-bed apartment
Size
3,073 sqft
Floor
1st of 2
Parking
414, 415
Developer
Emaar
Completed
2006
Service charge
AED 43,500 /yr
Last sold
AED 5.5M · November 2023

About 7, Marina Homes (Al Sahab Podium)

7 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. It last sold on 23 November 2023 for AED 5,500,000, or AED 1,789 per sqft, in line with the AED 1,789 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 29 April 2022, is AED 210,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 43,500 a year.

Sales and rents for 7 over time

Sales
Unit 7, each saleTypical three-bed in Marina Homes (Al Sahab Podium)
4M6M2008201320182023Typical 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, December 2010: AED 2,979,420 (AED 969 per sqft)Sold, May 2015: AED 4,500,000 (AED 1,464 per sqft)Sold, November 2023: AED 5,500,000 (AED 1,789 per sqft)

7 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7, each contractTypical three-bed in Marina Homes (Al Sahab Podium)
200K300K2012201620202024Typical 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, May 2012: AED 275,000 a yearNew contract, June 2014: AED 275,000 a yearNew contract, June 2015: AED 275,000 a yearNew contract, July 2016: AED 290,000 a yearRenewal, July 2017: AED 290,000 a yearRenewal, July 2018: AED 290,000 a yearNew contract, April 2019: AED 235,000 a yearRenewal, April 2020: AED 230,000 a yearRenewal, April 2021: AED 210,000 a yearRenewal, April 2022: AED 210,000 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 7 sits

All 18 3-beds →

7 last sold in November 2023 at AED 1,789 per sqft, in line with what three-beds in Marina Homes (Al Sahab Podium) were fetching at the time (AED 1,789). 7's AED 210,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jul 20244,850,000
18 Sep 20233,950,000
9 Jun 20236,700,000
26 Oct 20223,400,000
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
63-bedAED 3.19M · Jan 2016
83-bedAED 6.7M · Jun 2023
1–7 of 18

7, Marina Homes (Al Sahab Podium) in numbers

  • Sold 3 times: first on 28 December 2010 for AED 2,979,420, last on 23 November 2023 for AED 5,500,000 (AED 1,789 per sqft).
  • Rented since May 2012 on 10 Ejari contracts, from AED 275,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 43,500 a year (AED 14.15 per sqft).

Source: Dubai Land Department. Updated 23 November 2023.

Questions about 7, Marina Homes (Al Sahab Podium)

What did unit 7 last sell for?

AED 5,500,000 on 23 November 2023: AED 1,789 per sqft for 3,073 sqft. The unit has 3 registered sales; the first was AED 2,979,420 in December 2010.

What is the rent for unit 7?

AED 210,000 a year on the contract renewed on 29 April 2022. The previous contract, from April 2021, was AED 210,000; the unit has been rented since May 2012.

How big is unit 7?

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 7 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 7, Marina Homes (Al Sahab Podium)

Starts from the last sale price (AED 5.5M, 23 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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