2-bed · 1,742 sqftMarina Sail Tower, Dubai Marina · 17th floor · completed 2006

1705, Marina Sail Tower

Sold prices and rental history: sold once, by the developer in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 11 September 2024
Last soldAED 2.3M11 September 2024
Current rentAED 160K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Marina Sail Tower

What is 1705 worth today?

Last sold for AED 2,300,000 in 2024

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11 Sep 2024Sold by developerReady
AED 2,300,000AED 1,320 per sqft
20 Oct 2023RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
20 Oct 2022RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
1 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 29 per sqft
1 May 2020RentedNew contract
AED 95,000/yr14 months · AED 55 per sqft
10 Feb 2018RentedNew contract
AED 115,000/yr12 months · AED 66 per sqft
3 Nov 2015RentedRenewal
AED 143,000/yr12 months · AED 82 per sqft
3 Nov 2014RentedRenewal
AED 143,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 11 September 2024.

Key facts

Type
2-bed apartment
Size
1,742 sqft
Floor
17th of 21
Parking
1B-45
Developer
32 Group Properties
Completed
2006
Service charge
AED 25,100 /yr
Last sold
AED 2.3M · September 2024

About 1705, Marina Sail Tower

1705 is a two-bedroom apartment of 1,742 sqft on the 17th floor of Marina Sail Tower, a 21-storey tower in Dubai Marina completed in 2006 by 32 Group Properties. The developer sold it on 11 September 2024 for AED 2,300,000, or AED 1,320 per sqft, 4% above the AED 1,267 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 October 2023, is AED 160,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 25,100 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, September 2024: AED 2,300,000 (AED 1,320 per sqft)

1705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, each contractTypical two-bed in Marina Sail Tower
50K100K150K2012201620202024Typical 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 130,000 a yearRenewal, November 2014: AED 143,000 a yearRenewal, November 2015: AED 143,000 a yearNew contract, February 2018: AED 115,000 a yearNew contract, May 2020: AED 95,000 a yearNew contract, August 2022: AED 50,000 a yearNew contract, October 2022: AED 160,000 a yearNew contract, October 2023: AED 160,000 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 1705 sits

All 72 2-beds →

1705 last sold in September 2024 at AED 1,320 per sqft, 4% above what two-beds in Marina Sail Tower were fetching at the time (AED 1,267). 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. 1705's AED 160,000 is in the upper 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 17th floor

All 152 units in Marina Sail Tower
Value
17011-bedAED 1.28M · Oct 2015
17022-bedNo registered sale
17031-bedNo registered sale
17043-bedAED 2.1M · Jul 2020
17062-bedAED 2.95M · Aug 2008
17072-bedNo registered sale

1705, Marina Sail Tower in numbers

  • Sold once: by 32 Group Properties on 11 September 2024 for AED 2,300,000, or AED 1,320 per sqft.
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 50,000 in 2022 and recovered to AED 160,000 by October 2023.
  • At AED 160,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 25,100 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 11 September 2024.

Questions about 1705, Marina Sail Tower

What did unit 1705 last sell for?

AED 2,300,000 on 11 September 2024, sold by the developer: AED 1,320 per sqft for 1,742 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 160,000 a year on the contract signed on 20 October 2023. The previous contract, from October 2022, was AED 160,000; the unit has been rented since November 2013.

How big is unit 1705?

1,742 sqft (161.8 sqm): a two-bedroom apartment on the 17th floor of a 21-storey tower completed in 2006.

What is unit 1705 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 1705, Marina Sail Tower

Starts from the last sale price (AED 2.3M, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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