316, Marina Park
Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Marina Park
What is 316 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 785 sqft
- Floor
- 3rd of 5
- Parking
- 27G
- Developer
- Global Realty Partners
- Completed
- 2006
- Service charge
- AED 10,500 /yr
- Last sold
- AED 690K · September 2023
- Building
- Marina Park
About 316, Marina Park
316 is a one-bedroom apartment of 785 sqft on the 3rd floor of Marina Park, a 5-storey tower in Dubai Marina completed in 2006 by Global Realty Partners. It last sold on 13 September 2023 for AED 690,000, or AED 878 per sqft, in line with the AED 884 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 60,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 316 over time
316 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Marina Park, and where 316 sits
All 41 1-beds →316 last sold in September 2023 at AED 878 per sqft, in line with what one-beds in Marina Park were fetching at the time (AED 884). Over the last 12 months one-beds sold for AED 840,000 to 900,000, around AED 1,185 per sqft, and rent for AED 55,000 to 80,000 a year. 316's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 734 sqft | 870,000 | 1,185 | ||
| 21 Feb 202621 February 2026 | 734 sqft | 840,000 | 1,144 | ||
| 2 Jan 20262 January 2026 | 744 sqft | 900,000 | 1,209 | ||
| 8 May 20258 May 2025 | 674 sqft | 625,000 | 927 |
Marina Park
Building73 apartments, 1-bed to 4-bed over 5 floors in Dubai Marina, completed in 2006 by Global Realty Partners. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,165
- Typical sale
- AED 885K
- Typical rent
- AED 85K /yr
- Typical yield
- 7.3%
Other units on the 3rd floor
All 73 units in Marina Park| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,204 sqft | AED 1MAED 1,000,000 · Apr 2024April 2024 | 94,000 /yr | |
| 302 | 1-bed | 702 sqft | AED 1MAED 1,000,000 · Mar 2025March 2025 | 75,000 /yr | |
| 303 | 2-bed | 1,263 sqft | AED 769KAED 769,000 · Jan 2021January 2021 | 105,000 /yr | |
| 304 | 2-bed | 1,278 sqft | AED 635KAED 635,000 · Jun 2009June 2009 | 110,000 /yr | |
| 305 | 2-bed | 1,278 sqft | AED 635KAED 635,000 · Jun 2009June 2009 | 110,000 /yr | |
| 306 | 2-bed | 1,265 sqft | AED 780KAED 780,000 · Oct 2020October 2020 | 95,000 /yr | |
| 307 | 2-bed | 1,083 sqft | AED 500KAED 500,000 · Oct 2012October 2012 | 105,000 /yr | |
| 308 | 2-bed | 1,452 sqft | AED 1.15MAED 1,150,000 · Dec 2015December 2015 | ||
| 309 | 1-bed | 860 sqft | AED 800KAED 800,000 · Jun 2016June 2016 | 75,000 /yr | |
| 310 | 1-bed | 674 sqft | AED 263KAED 262,500 · Feb 2011February 2011 | 65,000 /yr | |
| 311 | 1-bed | 741 sqft | No registered sale | 66,000 /yr | |
| 312 | 1-bed | 774 sqft | AED 600KAED 600,000 · Jun 2017June 2017 | ||
| 313 | 1-bed | 774 sqft | AED 295KAED 295,000 · Mar 2010March 2010 | 63,000 /yr | |
| 314 | 1-bed | 744 sqft | AED 670KAED 670,000 · Aug 2023August 2023 | 80,000 /yr | |
| 315 | 1-bed | 674 sqft | AED 263KAED 262,500 · Feb 2011February 2011 | 62,000 /yr |
316, Marina Park in numbers
- Sold 3 times: first on 12 November 2009 for AED 800,000, last on 13 September 2023 for AED 690,000 (AED 878 per sqft).
- Rented since May 2013 on 9 Ejari contracts, from AED 45,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 10,500 a year (AED 13.42 per sqft).
- One-beds in Marina Park sold for AED 840,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.
Source: Dubai Land Department. Updated 15 October 2024.
Questions about 316, Marina Park
What did unit 316 last sell for?
AED 690,000 on 13 September 2023: AED 878 per sqft for 785 sqft. The unit has 3 registered sales; the first was AED 800,000 in November 2009.
What is the rent for unit 316?
AED 60,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2024, was AED 60,000; the unit has been rented since May 2013.
How big is unit 316?
785 sqft (72.9 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2006.
What is unit 316 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Park sold for AED 840,000 to 900,000 in the last 12 months, around AED 1,185 per sqft.
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Mortgage on 316, Marina Park
Starts from the last sale price (AED 690K, 13 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 690,000
- Deposit, UAE resident (20%)
- AED 138,000
- Deposit, non-resident (40%)
- AED 276,000
- Monthly over 25 years at 3.7%
- AED 2,823
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →