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2-bed · 1,103 sqftMarina Residence A, Dubai Marina · 7th floor · completed 2006

701, Marina Residence A

Sold prices and rental history: sold once, by the developer in April 2009, and rented once, from May 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 May 2012
Last soldAED 760K19 April 2009
Current rentAED 80K /yr1 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, Marina Residence A

What is 701 worth today?

Last sold for AED 760,000 in 2009

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1 May 2012RentedNew contract
AED 80,000/yr12 months · AED 73 per sqft
19 Apr 2009Sold by developerReady
AED 760,000AED 689 per sqft

Source: Dubai Land Department. Updated 1 May 2012.

Key facts

Type
2-bed apartment
Size
1,103 sqft
Floor
7th of 16
Parking
10(B2)
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2006
Service charge
AED 20,300 /yr
Last sold
AED 760K · April 2009
Building
Marina Residence A

About 701, Marina Residence A

701 is a two-bedroom apartment of 1,103 sqft on the 7th floor of Marina Residence A, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . The developer sold it on 19 April 2009 for AED 760,000, or AED 689 per sqft, 9% below the AED 761 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2012. The current contract, signed on 1 May 2012, is AED 80,000 a year: a gross yield of 10.5% on the 2009 price, before the service charge of about AED 20,300 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Marina Residence A
1M1.5M2009201420192024Typical sale price by year: 2009 AED 840,000; 2010 AED 1,419,561; 2013 AED 1,200,000; 2014 AED 1,575,000; 2017 AED 1,497,330; 2019 AED 1,000,000; 2023 AED 1,200,000; 2024 AED 1,450,000; 2025 AED 1,662,500Sold by developer, April 2009: AED 760,000 (AED 689 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Marina Residence A
75K100K125K2012201620202024Typical rent by year: 2012 AED 88,000; 2013 AED 102,000; 2014 AED 118,537; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 107,500; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 73,000; 2021 AED 71,500; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 115,000New contract, May 2012: AED 80,000 a year

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

2-beds in Marina Residence A, and where 701 sits

All 43 2-beds →

701 last sold in April 2009 at AED 689 per sqft, 9% below what two-beds in Marina Residence A were fetching at the time (AED 761). Over the last 12 months two-beds sold for AED 1,650,000 to 1,715,000, around AED 1,495 per sqft, and rent for AED 75,000 to 132,000 a year. 701's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 20261,715,000
25 Feb 20261,650,000
28 Nov 20251,675,000
6 Oct 20251,850,000
3 2-bed sales in the last 12 months

Marina Residence A

Building

67 apartments, 1-bed to 5-bed over 16 floors in Dubai Marina, completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . 4 sold in the last 12 months.

Typical price per sqft
AED 1,491
Typical sale
AED 1.7M
Typical rent
AED 111K /yr
Typical yield
7.2%
Marina Residence A, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 67 units in Marina Residence A
Value
7022-bedAED 1.2M · May 2023
7032-bedAED 1.05M · Mar 2022
7041-bedAED 930K · Sep 2023
7052-bedAED 1.59M · Mar 2010

701, Marina Residence A in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 19 April 2009 for AED 760,000, or AED 689 per sqft.
  • Rented since May 2012 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2009 price is 10.5%, before a service charge of about AED 20,300 a year (AED 18.43 per sqft).
  • Two-beds in Marina Residence A sold for AED 1,650,000–1,715,000 in the 12 months to November 2026; the building's median across all types is AED 1,491 per sqft.

Source: Dubai Land Department. Updated 1 May 2012.

Questions about 701, Marina Residence A

What did unit 701 last sell for?

AED 760,000 on 19 April 2009, sold by the developer: AED 689 per sqft for 1,103 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 80,000 a year on the contract signed on 1 May 2012.

How big is unit 701?

1,103 sqft (102.5 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2006.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residence A sold for AED 1,650,000 to 1,715,000 in the last 12 months, around AED 1,495 per sqft.

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Mortgage on 701, Marina Residence A

Starts from the last sale price (AED 760K, 19 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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