2-bed · 1,179 sqftMarina Residence B, Dubai Marina · 3rd floor · completed 2006

307, Marina Residence B

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 10 March 2021
Last soldAED 1.5M27 October 2010
Current rentAED 72K /yr10 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Marina Residence B

What is 307 worth today?

Last sold for AED 1,503,225 in 2010

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10 Mar 2021RentedNew contract
AED 72,000/yr12 months · AED 61 per sqft
1 Feb 2019RentedNew contract
AED 93,000/yr12 months · AED 79 per sqft
1 Jan 2018RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
1 Jan 2017RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
1 Jan 2016RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
1 Jan 2015RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
1 Jan 2014RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
27 Oct 2010Sold by developerReady
AED 1,503,225AED 1,275 per sqft

Source: Dubai Land Department. Updated 10 March 2021.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Floor
3rd of 16
Parking
36 (B3)
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2006
Service charge
AED 21,700 /yr
Last sold
AED 1.5M · October 2010

About 307, Marina Residence B

307 is a two-bedroom apartment of 1,179 sqft on the 3rd floor of Marina Residence B, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . The developer sold it on 27 October 2010 for AED 1,503,225, or AED 1,275 per sqft, in line with the AED 1,287 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 10 March 2021, is AED 72,000 a year: a gross yield of 4.8% on the 2010 price, before the service charge of about AED 21,700 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Marina Residence B
1M1.5M2010201420182022Typical sale price by year: 2010 AED 1,509,120; 2011 AED 800,000; 2013 AED 1,140,000; 2014 AED 1,600,000; 2023 AED 1,335,000Sold by developer, October 2010: AED 1,503,225 (AED 1,275 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Marina Residence B
100K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 115,712; 2015 AED 112,500; 2016 AED 116,583; 2017 AED 104,000; 2018 AED 95,000; 2019 AED 88,000; 2021 AED 67,500; 2022 AED 72,000; 2023 AED 110,000; 2024 AED 110,000; 2025 AED 125,000New contract, January 2014: AED 100,000 a yearNew contract, January 2015: AED 110,000 a yearRenewal, January 2016: AED 110,000 a yearRenewal, January 2017: AED 110,000 a yearRenewal, January 2018: AED 110,000 a yearNew contract, February 2019: AED 93,000 a yearNew contract, March 2021: AED 72,000 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 B, and where 307 sits

All 9 2-beds →

307 last sold in October 2010 at AED 1,275 per sqft, in line with what two-beds in Marina Residence B were fetching at the time (AED 1,287).

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20241,350,000
28 Nov 20231,480,000
27 Nov 20231,500,000
18 Sep 20231,190,000
0 2-bed sales in the last 12 months

Marina Residence B

Building

105 apartments, 1-bed to 3-bed over 16 floors in Dubai Marina, completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . 5 sold in the last 12 months.

Typical price per sqft
AED 1,615
Typical sale
AED 1.05M
Typical rent
AED 74K /yr
Typical yield
6.9%
Marina Residence B, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 105 units in Marina Residence B
Value
3011-bedAED 895K · Jul 2016
3021-bedAED 990K · Mar 2025
3031-bedAED 1M · Aug 2014
3041-bedAED 932K · Nov 2008
3051-bedAED 580K · Jul 2021
3061-bedAED 905K · Mar 2024

307, Marina Residence B in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 27 October 2010 for AED 1,503,225, or AED 1,275 per sqft.
  • Rented since January 2014 on 7 Ejari contracts, from AED 100,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2010 price is 4.8%, before a service charge of about AED 21,700 a year (AED 18.43 per sqft).

Source: Dubai Land Department. Updated 10 March 2021.

Questions about 307, Marina Residence B

What did unit 307 last sell for?

AED 1,503,225 on 27 October 2010, sold by the developer: AED 1,275 per sqft for 1,179 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 72,000 a year on the contract signed on 10 March 2021. The previous contract, from February 2019, was AED 93,000; the unit has been rented since January 2014.

How big is unit 307?

1,179 sqft (109.5 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2006.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 307, Marina Residence B

Starts from the last sale price (AED 1.5M, 27 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,503,225
Deposit, UAE resident (20%)
AED 300,645
Deposit, non-resident (40%)
AED 601,290
Monthly over 25 years at 3.7%
AED 6,150

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