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

703, Marina Residence A

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 9 March 2022
Last soldAED 1.05M9 March 2022
Current rentAED 71K /yr27 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Marina Residence A

What is 703 worth today?

Last sold for AED 1,050,000 in 2022

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9 Mar 2022SoldReady
AED 1,050,000AED 951 per sqft
27 Jun 2021RentedRenewal
AED 71,000/yr12 months · AED 65 per sqft
27 Jun 2020RentedRenewal
AED 76,000/yr12 months · AED 69 per sqft
27 Jun 2019RentedRenewal
AED 91,000/yr12 months · AED 83 per sqft
27 Jun 2018RentedNew contract
AED 108,500/yr12 months · AED 99 per sqft
27 Jun 2016RentedNew contract
AED 128,000/yr12 months · AED 117 per sqft
9 Feb 2010Sold by developerReady
AED 1,478,398AED 1,340 per sqft

Source: Dubai Land Department. Updated 9 March 2022.

Key facts

Type
2-bed apartment
Size
1,103 sqft
Floor
7th of 16
Parking
22(B2)
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2006
Service charge
AED 20,300 /yr
Last sold
AED 1.05M · March 2022

About 703, Marina Residence A

703 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 . It last sold on 9 March 2022 for AED 1,050,000, or AED 951 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 27 June 2021, is AED 71,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 20,300 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, February 2010: AED 1,478,398 (AED 1,340 per sqft)Sold, March 2022: AED 1,050,000 (AED 951 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in Marina Residence A
100K2012201620202024Typical 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, June 2016: AED 128,000 a yearNew contract, June 2018: AED 108,500 a yearRenewal, June 2019: AED 91,000 a yearRenewal, June 2020: AED 76,000 a yearRenewal, June 2021: AED 71,000 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 703 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. 703's AED 71,000 is at the bottom 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
7022-bedAED 1.2M · May 2023
7041-bedAED 930K · Sep 2023
7052-bedAED 1.59M · Mar 2010

703, Marina Residence A in numbers

  • Sold twice: first on 9 February 2010 for AED 1,478,398, last on 9 March 2022 for AED 1,050,000 (AED 951 per sqft).
  • Rented since June 2016 on 5 Ejari contracts, from AED 128,000 to AED 71,000 a year.
  • At AED 71,000 a year the gross yield on the 2022 price is 6.8%, 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 9 March 2022.

Questions about 703, Marina Residence A

What did unit 703 last sell for?

AED 1,050,000 on 9 March 2022: AED 951 per sqft for 1,103 sqft. The unit has 2 registered sales; the first was AED 1,478,398 in February 2010.

What is the rent for unit 703?

AED 71,000 a year on the contract renewed on 27 June 2021. The previous contract, from June 2020, was AED 76,000; the unit has been rented since June 2016.

How big is unit 703?

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 703 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 703, Marina Residence A

Starts from the last sale price (AED 1.05M, 9 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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