1-bed · 776 sqftMarina Quays West, Dubai Marina · 3rd floor · completed 2010

308, Marina Quays West

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.33M12 December 2023
Current rentAED 21K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Marina Quays West

What is 308 worth today?

Last sold for AED 1,325,000 in 2023

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1 Aug 2024RentedNew contract
AED 20,500/yr14 months · AED 26 per sqft
1 Aug 2024RentedNew contract · flagged as an outlier
AED 20,500/yr14 months · AED 26 per sqft
12 Dec 2023SoldReady
AED 1,325,000AED 1,707 per sqft
10 Sep 2023RentedRenewal
AED 60,500/yr12 months · AED 78 per sqft
10 Sep 2022RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
10 Sep 2021RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
10 Sep 2020RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
14 Jan 2019RentedRenewal
AED 84,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
776 sqft
Floor
3rd of 38
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 14,400 /yr
Last sold
AED 1.33M · December 2023

About 308, Marina Quays West

308 is a one-bedroom apartment of 776 sqft on the 3rd floor of Marina Quays West, a 38-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 12 December 2023 for AED 1,325,000, or AED 1,707 per sqft, in line with the AED 1,719 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 1 August 2024, is AED 20,500 a year: a gross yield of 1.6% on the 2023 price, before the service charge of about AED 14,400 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Marina Quays West
1M1.5M2009201420192024Typical sale price by year: 2009 AED 752,388; 2010 AED 711,888; 2011 AED 785,000; 2012 AED 838,888; 2013 AED 1,168,385; 2014 AED 1,460,000; 2015 AED 1,492,500; 2016 AED 1,390,000; 2017 AED 1,187,500; 2018 AED 1,100,000; 2019 AED 975,000; 2020 AED 875,000; 2021 AED 980,000; 2022 AED 1,225,000; 2023 AED 1,390,000; 2024 AED 1,580,000; 2025 AED 1,500,000; 2026 AED 1,675,000Sold by developer, May 2010: AED 810,888 (AED 1,044 per sqft)Sold, November 2016: AED 1,165,000 (AED 1,501 per sqft)Sold, December 2023: AED 1,325,000 (AED 1,707 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Marina Quays West
50K100K20112015201920232027Typical rent by year: 2011 AED 68,500; 2012 AED 78,500; 2013 AED 85,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 106,000; 2017 AED 99,875; 2018 AED 88,760; 2019 AED 80,000; 2020 AED 62,500; 2021 AED 62,850; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 92,500New contract, February 2014: AED 85,594 a yearNew contract, January 2015: AED 92,000 a yearNew contract, June 2017: AED 92,000 a yearRenewal, June 2018: AED 84,000 a yearRenewal, January 2019: AED 84,000 a yearNew contract, September 2020: AED 45,000 a yearRenewal, September 2021: AED 50,000 a yearRenewal, September 2022: AED 55,000 a yearRenewal, September 2023: AED 60,500 a yearNew contract, August 2024: AED 20,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Quays West, and where 308 sits

All 163 1-beds →

308 last sold in December 2023 at AED 1,707 per sqft, in line with what one-beds in Marina Quays West were fetching at the time (AED 1,719). Over the last 12 months one-beds sold for AED 1,203,441 to 1,725,000, around AED 1,896 per sqft, and rent for AED 60,000 to 207,000 a year. 308's AED 20,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Sep 20261,450,000
4 Aug 20261,500,000
16 Jun 20261,725,000
17 Apr 20261,680,000
9 1-bed sales in the last 12 months

Marina Quays West

Building

269 apartments, studios to 3-bed over 38 floors in Dubai Marina, completed in 2010 by Emaar. 11 sold in the last 12 months.

Typical price per sqft
AED 2,131 Up 2.3%
Typical sale
AED 1.68M
Typical rent
AED 97K /yr
Typical yield
5.3%
Marina Quays West, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 269 units in Marina Quays West
Value
3011-bedAED 1.65M · Oct 2024
302StudioAED 950K · Dec 2022
303StudioAED 899K · May 2022
3072-bedAED 1.22M · Mar 2010

308, Marina Quays West in numbers

  • Sold 3 times: first on 31 May 2010 for AED 810,888, last on 12 December 2023 for AED 1,325,000 (AED 1,707 per sqft).
  • Rented since February 2014 on 11 Ejari contracts, from AED 85,594 to AED 20,500 a year.
  • At AED 20,500 a year the gross yield on the 2023 price is 1.6%, before a service charge of about AED 14,400 a year (AED 18.62 per sqft).
  • One-beds in Marina Quays West sold for AED 1,203,441–1,725,000 in the 12 months to November 2026; the building's median across all types is AED 2,131 per sqft.

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 308, Marina Quays West

What did unit 308 last sell for?

AED 1,325,000 on 12 December 2023: AED 1,707 per sqft for 776 sqft. The unit has 3 registered sales; the first was AED 810,888 in May 2010.

What is the rent for unit 308?

AED 20,500 a year on the contract signed on 1 August 2024. The previous contract, from August 2024, was AED 20,500; the unit has been rented since February 2014.

How big is unit 308?

776 sqft (72.1 sqm): a one-bedroom apartment on the 3rd floor of a 38-storey tower completed in 2010.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Quays West sold for AED 1,203,441 to 1,725,000 in the last 12 months, around AED 1,896 per sqft.

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Mortgage on 308, Marina Quays West

Starts from the last sale price (AED 1.33M, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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