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3-bed · 2,798 sqftMarina Sail Tower, Dubai Marina · 7th floor · completed 2006

705, Marina Sail Tower

Sold prices and rental history: sold 3 times, last in August 2016, and rented 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 August 2016
Last soldAED 3.3M24 August 2016
Current rentAED 205K /yr1 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Marina Sail Tower

What is 705 worth today?

Last sold for AED 3,300,000 in 2016

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24 Aug 2016SoldReady
AED 3,300,000AED 1,179 per sqft
1 Aug 2016RentedNew contract
AED 205,000/yr12 months · AED 73 per sqft
1 Aug 2014RentedNew contract
AED 180,000/yr12 months · AED 64 per sqft
22 May 2014SoldReady
AED 3,500,000AED 1,250 per sqft
1 Aug 2013RentedNew contract
AED 180,000/yr12 months · AED 64 per sqft
21 May 2013Sold by developerReady
AED 1,301,800AED 465 per sqft

Source: Dubai Land Department. Updated 24 August 2016.

Key facts

Type
3-bed apartment
Size
2,798 sqft
Floor
7th of 21
Parking
2B-30,2B-31
Developer
32 Group Properties
Completed
2006
Service charge
AED 40,400 /yr
Last sold
AED 3.3M · August 2016
Building
Marina Sail Tower

About 705, Marina Sail Tower

705 is a three-bedroom apartment of 2,798 sqft on the 7th floor of Marina Sail Tower, a 21-storey tower in Dubai Marina completed in 2006 by 32 Group Properties. It last sold on 24 August 2016 for AED 3,300,000, or AED 1,179 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 August 2016, is AED 205,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 40,400 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical three-bed in Marina Sail Tower
2M4M20082012201620202024Typical sale price by year: 2008 AED 3,600,000; 2009 AED 1,922,885; 2010 AED 1,301,800; 2011 AED 2,350,000; 2012 AED 2,350,000; 2014 AED 3,501,127; 2019 AED 2,200,000; 2023 AED 2,700,000Sold by developer, May 2013: AED 1,301,800 (AED 465 per sqft)Sold, May 2014: AED 3,500,000 (AED 1,250 per sqft)Sold, August 2016: AED 3,300,000 (AED 1,179 per sqft)

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

Rents
Unit 705, each contractTypical three-bed in Marina Sail Tower
150K200K2012201620202024Typical rent by year: 2012 AED 189,492; 2013 AED 174,000; 2014 AED 185,000; 2015 AED 200,000; 2016 AED 200,000; 2017 AED 200,000; 2018 AED 160,000; 2019 AED 148,846; 2021 AED 145,000; 2022 AED 150,000; 2024 AED 186,625; 2025 AED 207,500New contract, August 2013: AED 180,000 a yearNew contract, August 2014: AED 180,000 a yearNew contract, August 2016: AED 205,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Sail Tower, and where 705 sits

All 20 3-beds →

Over the last 12 months three-beds sold for AED 3,450,000, around AED 1,233 per sqft, and rent for AED 200,000 to 225,750 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Oct 20263,450,000
26 Apr 20232,010,000
20 Feb 20232,700,000
11 Jan 20232,750,000
1 3-bed sale 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 7th floor

All 152 units in Marina Sail Tower
Value
7011-bedNo registered sale
7021-bedAED 1.2M · May 2024
7031-bedAED 665K · Feb 2021
7041-bedAED 1.02M · Dec 2011
7062-bedAED 1.8M · Feb 2024
7072-bedAED 2.9M · Nov 2017
7082-bedNo registered sale

705, Marina Sail Tower in numbers

  • Sold 3 times: first on 21 May 2013 for AED 1,301,800, last on 24 August 2016 for AED 3,300,000 (AED 1,179 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 180,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 40,400 a year (AED 14.43 per sqft).
  • Three-beds in Marina Sail Tower sold for AED 3,450,000–3,450,000 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 24 August 2016.

Questions about 705, Marina Sail Tower

What did unit 705 last sell for?

AED 3,300,000 on 24 August 2016: AED 1,179 per sqft for 2,798 sqft. The unit has 3 registered sales; the first was AED 1,301,800 in May 2013.

What is the rent for unit 705?

AED 205,000 a year on the contract signed on 1 August 2016. The previous contract, from August 2014, was AED 180,000; the unit has been rented since August 2013.

How big is unit 705?

2,798 sqft (259.9 sqm): a three-bedroom apartment on the 7th floor of a 21-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. Three-beds in Marina Sail Tower sold for AED 3,450,000 to 3,450,000 in the last 12 months, around AED 1,233 per sqft.

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Mortgage on 705, Marina Sail Tower

Starts from the last sale price (AED 3.3M, 24 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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