3-bed · 1,946 sqftMarina Quays North, Dubai Marina · 3rd floor · completed 2010

301, Marina Quays North

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 29 November 2016
Last soldAED 3.65M29 November 2016
Current rentAED 260K /yr7 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Marina Quays North

What is 301 worth today?

Last sold for AED 3,650,000 in 2016

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29 Nov 2016SoldReady
AED 3,650,000AED 1,875 per sqft
7 Aug 2016RentedNew contract
AED 260,000/yr12 months · AED 133 per sqft
5 Nov 2015RentedNew contract
AED 269,252/yr12 months · AED 138 per sqft
15 Jun 2014RentedNew contract
AED 202,584/yr12 months · AED 104 per sqft
15 Jun 2013RentedNew contract
AED 192,937/yr12 months · AED 99 per sqft
22 Jun 2010Sold by developerReady
AED 3,192,888AED 1,640 per sqft

Source: Dubai Land Department. Updated 29 November 2016.

Key facts

Type
3-bed apartment
Size
1,946 sqft
Floor
3rd of 9
Parking
1.7020153709140087E-2
Developer
Emaar
Completed
2010
Service charge
AED 36,200 /yr
Last sold
AED 3.65M · November 2016

About 301, Marina Quays North

301 is a three-bedroom apartment of 1,946 sqft on the 3rd floor of Marina Quays North, a 9-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 29 November 2016 for AED 3,650,000, or AED 1,875 per sqft, in line with the AED 1,861 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 7 August 2016, is AED 260,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 36,200 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical three-bed in Marina Quays North
2M4M6M20102014201820222026Typical sale price by year: 2010 AED 2,947,888; 2011 AED 2,250,000; 2012 AED 2,575,000; 2016 AED 3,650,000; 2021 AED 3,350,000; 2023 AED 5,750,000; 2025 AED 5,575,000Sold by developer, June 2010: AED 3,192,888 (AED 1,640 per sqft)Sold, November 2016: AED 3,650,000 (AED 1,875 per sqft)

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

Rents
Unit 301, each contractTypical three-bed in Marina Quays North
200K250K2013201720212025Typical rent by year: 2013 AED 185,000; 2014 AED 202,584; 2015 AED 208,188; 2016 AED 230,000; 2017 AED 210,000; 2018 AED 185,955; 2019 AED 185,000; 2020 AED 180,000; 2021 AED 193,200; 2022 AED 192,500; 2023 AED 220,000; 2024 AED 220,000; 2025 AED 265,000; 2026 AED 265,000New contract, June 2013: AED 192,937 a yearNew contract, June 2014: AED 202,584 a yearNew contract, November 2015: AED 269,252 a yearNew contract, August 2016: AED 260,000 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 Quays North, and where 301 sits

All 20 3-beds →

301 last sold in November 2016 at AED 1,875 per sqft, in line with what three-beds in Marina Quays North were fetching at the time (AED 1,861). Over the last 12 months three-beds sold for AED 5,200,000, around AED 2,677 per sqft, and rent for AED 120,000 to 282,000 a year. 301's AED 260,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Nov 20255,200,000
10 Mar 202511,500,000
13 Feb 20255,575,000
12 Jan 20243,320,000
1 3-bed sale in the last 12 months

Marina Quays North

Building

82 apartments, 1-bed to 3-bed over 9 floors in Dubai Marina, completed in 2010 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,247
Typical sale
AED 2.63M
Typical rent
AED 130K /yr
Typical yield
5.2%
Marina Quays North, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 82 units in Marina Quays North
Value
3022-bedAED 1.95M · Jun 2021
3031-bedAED 1.05M · Mar 2022
3041-bedAED 987K · Oct 2010
3052-bedAED 1.5M · Apr 2019
3062-bedAED 2.15M · Oct 2016
3072-bedAED 950K · Dec 2018
3081-bedAED 594K · Jul 2010
1–7 of 9

301, Marina Quays North in numbers

  • Sold twice: first on 22 June 2010 for AED 3,192,888, last on 29 November 2016 for AED 3,650,000 (AED 1,875 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 192,937 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 36,200 a year (AED 18.62 per sqft).
  • Three-beds in Marina Quays North sold for AED 5,200,000–5,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,247 per sqft.

Source: Dubai Land Department. Updated 29 November 2016.

Questions about 301, Marina Quays North

What did unit 301 last sell for?

AED 3,650,000 on 29 November 2016: AED 1,875 per sqft for 1,946 sqft. The unit has 2 registered sales; the first was AED 3,192,888 in June 2010.

What is the rent for unit 301?

AED 260,000 a year on the contract signed on 7 August 2016. The previous contract, from November 2015, was AED 269,252; the unit has been rented since June 2013.

How big is unit 301?

1,946 sqft (180.8 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2010.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Quays North sold for AED 5,200,000 to 5,200,000 in the last 12 months, around AED 2,677 per sqft.

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Mortgage on 301, Marina Quays North

Starts from the last sale price (AED 3.65M, 29 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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