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2-bed · 1,071 sqftMarina Residence A, Dubai Marina · 7th floor · completed 2006

702, Marina Residence A

Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 17 May 2023
Last soldAED 1.2M17 May 2023
Current rentAED 85K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Marina Residence A

What is 702 worth today?

Last sold for AED 1,200,000 in 2023

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17 May 2023SoldReady
AED 1,200,000AED 1,120 per sqft
1 Jul 2019RentedNew contract
AED 85,000/yr12 months · AED 79 per sqft
16 Jun 2016RentedNew contract
AED 115,000/yr12 months · AED 107 per sqft
17 Apr 2014SoldReady
AED 825,000AED 770 per sqft
1 Apr 2013RentedNew contract
AED 85,000/yr12 months · AED 79 per sqft
4 May 2010Sold by developerReady
AED 1,358,410AED 1,268 per sqft

Source: Dubai Land Department. Updated 17 May 2023.

Key facts

Type
2-bed apartment
Size
1,071 sqft
Floor
7th of 16
Parking
11(B2)
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2006
Service charge
AED 19,700 /yr
Last sold
AED 1.2M · May 2023
Building
Marina Residence A

About 702, Marina Residence A

702 is a two-bedroom apartment of 1,071 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 . It last sold on 17 May 2023 for AED 1,200,000, or AED 1,120 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 July 2019, is AED 85,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 19,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, May 2010: AED 1,358,410 (AED 1,268 per sqft)Sold, April 2014: AED 825,000 (AED 770 per sqft)Sold, May 2023: AED 1,200,000 (AED 1,120 per sqft)

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

Rents
Unit 702, 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, April 2013: AED 85,000 a yearNew contract, June 2016: AED 115,000 a yearNew contract, July 2019: AED 85,000 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 702 sits

All 43 2-beds →

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. 702's AED 85,000 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
7012-bedAED 760K · Apr 2009
7032-bedAED 1.05M · Mar 2022
7041-bedAED 930K · Sep 2023
7052-bedAED 1.59M · Mar 2010

702, Marina Residence A in numbers

  • Sold 3 times: first on 4 May 2010 for AED 1,358,410, last on 17 May 2023 for AED 1,200,000 (AED 1,120 per sqft).
  • Rented since April 2013 on 3 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 19,700 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 17 May 2023.

Questions about 702, Marina Residence A

What did unit 702 last sell for?

AED 1,200,000 on 17 May 2023: AED 1,120 per sqft for 1,071 sqft. The unit has 3 registered sales; the first was AED 1,358,410 in May 2010.

What is the rent for unit 702?

AED 85,000 a year on the contract signed on 1 July 2019. The previous contract, from June 2016, was AED 115,000; the unit has been rented since April 2013.

How big is unit 702?

1,071 sqft (99.5 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2006.

What is unit 702 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 702, Marina Residence A

Starts from the last sale price (AED 1.2M, 17 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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