2-bed · 1,898 sqftMarina Sail Tower, Dubai Marina · 10th floor · completed 2006

1002, Marina Sail Tower

Sold prices and rental history: sold 3 times, last in October 2018, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 31 October 2018
Last soldAED 800K31 October 2018
Current rentAED 135K /yr25 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Marina Sail Tower

What is 1002 worth today?

Last sold for AED 800,000 in 2018

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31 Oct 2018SoldReady
AED 800,000AED 421 per sqft
16 Aug 2015SoldReady
AED 1,900,000AED 1,001 per sqft
25 Nov 2013RentedNew contract
AED 135,000/yr12 months · AED 71 per sqft
25 Aug 2008Sold by developerReady
AED 2,047,942AED 1,079 per sqft

Source: Dubai Land Department. Updated 31 October 2018.

Key facts

Type
2-bed apartment
Size
1,898 sqft
Floor
10th of 21
Parking
2B-60
Developer
32 Group Properties
Completed
2006
Service charge
AED 27,400 /yr
Last sold
AED 800K · October 2018

About 1002, Marina Sail Tower

1002 is a two-bedroom apartment of 1,898 sqft on the 10th floor of Marina Sail Tower, a 21-storey tower in Dubai Marina completed in 2006 by 32 Group Properties. It last sold on 31 October 2018 for AED 800,000, or AED 421 per sqft, 58% below the AED 999 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 November 2013. The current contract, signed on 25 November 2013, is AED 135,000 a year: a gross yield of 16.9% on the 2018 price, before the service charge of about AED 27,400 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Marina Sail Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,920,000; 2009 AED 1,159,725; 2010 AED 1,990,000; 2011 AED 809,140; 2012 AED 1,916,250; 2013 AED 1,424,000; 2014 AED 2,375,000; 2015 AED 2,200,000; 2018 AED 1,732,772; 2019 AED 1,420,000; 2022 AED 1,545,000; 2023 AED 1,635,000; 2024 AED 2,232,500; 2025 AED 2,350,000; 2026 AED 2,500,000Sold by developer, August 2008: AED 2,047,942 (AED 1,079 per sqft)Sold, August 2015: AED 1,900,000 (AED 1,001 per sqft)Sold, October 2018: AED 800,000 (AED 421 per sqft)

1002 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Marina Sail Tower
100K125K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 130,000; 2014 AED 142,500; 2015 AED 144,500; 2016 AED 145,000; 2017 AED 120,000; 2018 AED 108,750; 2019 AED 101,409; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 99,000; 2023 AED 107,300; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 142,500New contract, November 2013: AED 135,000 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 Sail Tower, and where 1002 sits

All 72 2-beds →

1002 last sold in October 2018 at AED 421 per sqft, 58% below what two-beds in Marina Sail Tower were fetching at the time (AED 999). Over the last 12 months two-beds sold for AED 2,250,000 to 2,650,000, around AED 1,403 per sqft, and rent for AED 114,139 to 165,000 a year. 1002's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Aug 20262,250,000
6 Aug 20262,650,000
25 Jun 20262,500,000
30 Mar 20262,500,000
4 2-bed sales in the last 12 months

Marina Sail Tower

Building

152 apartments, 1-bed to 3-bed over 21 floors in Dubai Marina, completed in 2006 by 32 Group Properties. 7 sold in the last 12 months.

Typical price per sqft
AED 1,412
Typical sale
AED 2.5M
Typical rent
AED 100K /yr
Typical yield
6.1%
Marina Sail Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 152 units in Marina Sail Tower
Value
10011-bedAED 1.1M · Mar 2013
10031-bedAED 915K · Sep 2008
10043-bedAED 3.45M · Oct 2026
10052-bedAED 954K · Jun 2008
10062-bedNo registered sale
10072-bedAED 2.17M · Jul 2024

1002, Marina Sail Tower in numbers

  • Sold 3 times: first on 25 August 2008 for AED 2,047,942, last on 31 October 2018 for AED 800,000 (AED 421 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2018 price is 16.9%, before a service charge of about AED 27,400 a year (AED 14.43 per sqft).
  • Two-beds in Marina Sail Tower sold for AED 2,250,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,412 per sqft.

Source: Dubai Land Department. Updated 31 October 2018.

Questions about 1002, Marina Sail Tower

What did unit 1002 last sell for?

AED 800,000 on 31 October 2018: AED 421 per sqft for 1,898 sqft. The unit has 3 registered sales; the first was AED 2,047,942 in August 2008.

What is the rent for unit 1002?

AED 135,000 a year on the contract signed on 25 November 2013.

How big is unit 1002?

1,898 sqft (176.3 sqm): a two-bedroom apartment on the 10th floor of a 21-storey tower completed in 2006.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Sail Tower sold for AED 2,250,000 to 2,650,000 in the last 12 months, around AED 1,403 per sqft.

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Mortgage on 1002, Marina Sail Tower

Starts from the last sale price (AED 800K, 31 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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