2-bed · 1,179 sqftMarina Residence A, Dubai Marina · 7th floor · completed 2006

705, Marina Residence A

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 24 March 2023
Last soldAED 1.59M21 March 2010
Current rentAED 105K /yr24 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Marina Residence A

What is 705 worth today?

Last sold for AED 1,586,293 in 2010

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24 Mar 2023RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft
5 Mar 2020RentedNew contract
AED 73,000/yr12 months · AED 62 per sqft
23 Dec 2017RentedNew contract
AED 103,000/yr12 months · AED 87 per sqft
9 Feb 2017RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
17 Jan 2015RentedNew contract
AED 124,000/yr12 months · AED 105 per sqft
25 Sep 2013RentedNew contract
AED 99,000/yr12 months · AED 84 per sqft
21 Mar 2010Sold by developerReady
AED 1,586,293AED 1,345 per sqft

Source: Dubai Land Department. Updated 24 March 2023.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Floor
7th of 16
Parking
14(B2)
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2006
Service charge
AED 21,700 /yr
Last sold
AED 1.59M · March 2010

About 705, Marina Residence A

705 is a two-bedroom apartment of 1,179 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 21 March 2010 for AED 1,586,293, or AED 1,345 per sqft, 15% above the AED 1,172 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 24 March 2023, is AED 105,000 a year: a gross yield of 6.6% on the 2010 price, before the service charge of about AED 21,700 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, March 2010: AED 1,586,293 (AED 1,345 per sqft)

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

Rents
Unit 705, 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, September 2013: AED 99,000 a yearNew contract, January 2015: AED 124,000 a yearNew contract, February 2017: AED 110,000 a yearNew contract, December 2017: AED 103,000 a yearNew contract, March 2020: AED 73,000 a yearNew contract, March 2023: AED 105,000 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 705 sits

All 43 2-beds →

705 last sold in March 2010 at AED 1,345 per sqft, 15% above what two-beds in Marina Residence A were fetching at the time (AED 1,172). 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. 705's AED 105,000 is in the upper 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
7022-bedAED 1.2M · May 2023
7032-bedAED 1.05M · Mar 2022
7041-bedAED 930K · Sep 2023

705, Marina Residence A in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 21 March 2010 for AED 1,586,293, or AED 1,345 per sqft.
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 99,000 to AED 73,000 in 2020 and recovered to AED 105,000 by March 2023.
  • At AED 105,000 a year the gross yield on the 2010 price is 6.6%, before a service charge of about AED 21,700 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 24 March 2023.

Questions about 705, Marina Residence A

What did unit 705 last sell for?

AED 1,586,293 on 21 March 2010, sold by the developer: AED 1,345 per sqft for 1,179 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 105,000 a year on the contract signed on 24 March 2023. The previous contract, from March 2020, was AED 73,000; the unit has been rented since September 2013.

How big is unit 705?

1,179 sqft (109.5 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2006.

What is unit 705 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 705, Marina Residence A

Starts from the last sale price (AED 1.59M, 21 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,586,293
Deposit, UAE resident (20%)
AED 317,259
Deposit, non-resident (40%)
AED 634,517
Monthly over 25 years at 3.7%
AED 6,490

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