2-bed · 1,799 sqftMarina Sail Tower, Dubai Marina · 7th floor · completed 2006

706, Marina Sail Tower

Sold prices and rental history: sold 3 times, last in February 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 13 February 2024
Last soldAED 1.8M13 February 2024
Current rentAED 120K /yr20 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Marina Sail Tower

What is 706 worth today?

Last sold for AED 1,800,000 in 2024

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13 Feb 2024SoldReady
AED 1,800,000AED 1,000 per sqft
20 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
1 Jan 2015RentedNew contract
AED 160,000/yr12 months · AED 89 per sqft
6 May 2013RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
30 Aug 2010SoldReady
AED 1,150,000AED 639 per sqft
28 Mar 2010Sold by developerReady
AED 1,550,000AED 861 per sqft

Source: Dubai Land Department. Updated 13 February 2024.

Key facts

Type
2-bed apartment
Size
1,799 sqft
Floor
7th of 21
Parking
1B-16
Developer
32 Group Properties
Completed
2006
Service charge
AED 26,000 /yr
Last sold
AED 1.8M · February 2024

About 706, Marina Sail Tower

706 is a two-bedroom apartment of 1,799 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 13 February 2024 for AED 1,800,000, or AED 1,000 per sqft, 3% above the AED 970 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 20 October 2017, is AED 120,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 26,000 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, March 2010: AED 1,550,000 (AED 861 per sqft)Sold, August 2010: AED 1,150,000 (AED 639 per sqft)Sold, February 2024: AED 1,800,000 (AED 1,000 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Marina Sail Tower
100K150K2012201620202024Typical 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, May 2013: AED 115,000 a yearNew contract, January 2015: AED 160,000 a yearNew contract, October 2017: AED 120,000 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 706 sits

All 72 2-beds →

706 last sold in February 2024 at AED 1,000 per sqft, 3% above what two-beds in Marina Sail Tower were fetching at the time (AED 970). 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. 706's AED 120,000 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 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
7053-bedAED 3.3M · Aug 2016
7072-bedAED 2.9M · Nov 2017
7082-bedNo registered sale

706, Marina Sail Tower in numbers

  • Sold 3 times: first on 28 March 2010 for AED 1,550,000, last on 13 February 2024 for AED 1,800,000 (AED 1,000 per sqft).
  • Rented since May 2013 on 3 Ejari contracts, from AED 115,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 26,000 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 13 February 2024.

Questions about 706, Marina Sail Tower

What did unit 706 last sell for?

AED 1,800,000 on 13 February 2024: AED 1,000 per sqft for 1,799 sqft. The unit has 3 registered sales; the first was AED 1,550,000 in March 2010.

What is the rent for unit 706?

AED 120,000 a year on the contract signed on 20 October 2017. The previous contract, from January 2015, was AED 160,000; the unit has been rented since May 2013.

How big is unit 706?

1,799 sqft (167.1 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2006.

What is unit 706 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 706, Marina Sail Tower

Starts from the last sale price (AED 1.8M, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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