707, Marina Residence B
Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Marina Residence B
What is 707 worth today?
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Source: Dubai Land Department. Updated 28 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,179 sqft
- Floor
- 7th of 16
- Parking
- 21(B2)
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2006
- Service charge
- AED 21,700 /yr
- Last sold
- AED 1.48M · November 2023
- Building
- Marina Residence B
About 707, Marina Residence B
707 is a two-bedroom apartment of 1,179 sqft on the 7th floor of Marina Residence B, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . It last sold on 28 November 2023 for AED 1,480,000, or AED 1,255 per sqft, 11% above the AED 1,132 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 23 February 2022, is AED 70,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 21,700 a year.
Sales and rents for 707 over time
707 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 707 sits
All 9 2-beds →707 last sold in November 2023 at AED 1,255 per sqft, 11% above what two-beds in Marina Residence B were fetching at the time (AED 1,132).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20248 October 2024 | 1,179 sqft | 1,350,000 | 1,145 | ||
| 27 Nov 202327 November 2023 | 1,179 sqft | 1,500,000 | 1,272 | ||
| 18 Sep 202318 September 2023 | 1,179 sqft | 1,190,000 | 1,009 | ||
| 10 Feb 202310 February 2023 | 1,179 sqft | 1,050,000 | 890 |
Marina Residence B
Building105 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%
Other units on the 7th floor
All 105 units in Marina Residence B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 613 sqft | AED 800KAED 800,000 · Nov 2017November 2017 | ||
| 702 | 1-bed | 723 sqft | AED 1.03MAED 1,030,000 · Apr 2014April 2014 | 66,000 /yr | |
| 703 | 1-bed | 602 sqft | AED 505KAED 505,000 · May 2021May 2021 | 65,000 /yr | |
| 704 | 1-bed | 723 sqft | AED 875KAED 875,000 · Dec 2016December 2016 | 88,000 /yr | |
| 705 | 1-bed | 613 sqft | AED 700KAED 700,000 · Nov 2013November 2013 | 61,000 /yr | |
| 706 | 1-bed | 334 sqft | AED 384KAED 383,880 · May 2016May 2016 | 76,500 /yr |
707, Marina Residence B in numbers
- Sold 3 times: first on 15 July 2010 for AED 1,573,965, last on 28 November 2023 for AED 1,480,000 (AED 1,255 per sqft).
- Rented since October 2014 on 8 Ejari contracts, from AED 140,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 21,700 a year (AED 18.43 per sqft).
Source: Dubai Land Department. Updated 28 November 2023.
Questions about 707, Marina Residence B
What did unit 707 last sell for?
AED 1,480,000 on 28 November 2023: AED 1,255 per sqft for 1,179 sqft. The unit has 3 registered sales; the first was AED 1,573,965 in July 2010.
What is the rent for unit 707?
AED 70,000 a year on the contract renewed on 23 February 2022. The previous contract, from February 2021, was AED 70,000; the unit has been rented since October 2014.
How big is unit 707?
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 707 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 707, Marina Residence B
Starts from the last sale price (AED 1.48M, 28 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,480,000
- Deposit, UAE resident (20%)
- AED 296,000
- Deposit, non-resident (40%)
- AED 592,000
- Monthly over 25 years at 3.7%
- AED 6,055
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →