1-bed · 761 sqftMarina Tower, Dubai Marina · 10th floor · completed 2006

1002, Marina Tower

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 780K25 June 2014
Current rentAED 58K /yr20 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Marina Tower

What is 1002 worth today?

Last sold for AED 780,000 in 2014

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20 Feb 2023RentedRenewal
AED 57,500/yr12 months · AED 76 per sqft
20 Feb 2022RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
20 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
22 Apr 2019RentedRenewal
AED 80,000/yr12 months · AED 105 per sqft
22 Apr 2018RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
20 Feb 2017RentedNew contract
AED 107,000/yr12 months · AED 140 per sqft
20 Feb 2016RentedNew contract
AED 100,000/yr12 months · AED 131 per sqft
25 Jun 2014SoldReady
AED 780,000AED 1,024 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
10th of 32
Parking
P2-045
Developer
Select Global Development
Completed
2006
Service charge
AED 12,900 /yr
Last sold
AED 780K · June 2014
Building
Marina Tower

About 1002, Marina Tower

1002 is a one-bedroom apartment of 761 sqft on the 10th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 25 June 2014 for AED 780,000, or AED 1,024 per sqft, 35% below the AED 1,569 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 20 February 2023, is AED 57,500 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 12,900 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Marina Tower
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,380,000; 2014 AED 1,500,000; 2017 AED 1,380,000; 2018 AED 1,200,000; 2021 AED 950,000; 2022 AED 1,170,000; 2023 AED 1,290,000; 2024 AED 1,537,000; 2025 AED 1,570,000; 2026 AED 1,800,000Sold by developer, October 2013: AED 1,190,000 (AED 1,563 per sqft)Sold, June 2014: AED 780,000 (AED 1,024 per sqft)

1002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Marina Tower
50K100K2012201620202024Typical rent by year: 2012 AED 68,000; 2013 AED 70,000; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 99,205; 2017 AED 95,000; 2018 AED 83,250; 2019 AED 76,000; 2020 AED 63,000; 2021 AED 60,000; 2022 AED 75,500; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 105,000; 2026 AED 99,613New contract, October 2012: AED 63,000 a yearNew contract, October 2013: AED 63,000 a yearNew contract, February 2016: AED 100,000 a yearNew contract, February 2017: AED 107,000 a yearNew contract, April 2018: AED 80,000 a yearRenewal, April 2019: AED 80,000 a yearNew contract, February 2021: AED 50,000 a yearRenewal, February 2022: AED 50,000 a yearRenewal, February 2023: AED 57,500 a year

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

1-beds in Marina Tower, and where 1002 sits

All 51 1-beds →

1002 last sold in June 2014 at AED 1,024 per sqft, 35% below what one-beds in Marina Tower were fetching at the time (AED 1,569). Over the last 12 months one-beds sold for AED 150,857 to 1,807,735, around AED 1,884 per sqft, and rent for AED 67,000 to 125,000 a year. 1002's AED 57,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 20269,519
29 Jul 202641,824
14 Jul 20261,800,000
30 Apr 20261,807,735
5 1-bed sales in the last 12 months

Marina Tower

Building

197 apartments, 1-bed to 3-bed over 32 floors in Dubai Marina, completed in 2006 by Select Global Development. 17 sold in the last 12 months.

Typical price per sqft
AED 1,891 Up 3.1%
Typical sale
AED 3.4M
Typical rent
AED 143K /yr
Typical yield
5.7%
Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 197 units in Marina Tower
Value
10013-bedAED 2.35M · Jan 2023
10031-bedAED 1.65M · Dec 2014
10042-bedAED 1.93M · Sep 2013
10052-bedAED 2.35M · Dec 2014
10063-bedAED 3.62M · Oct 2026
10073-bedAED 3.48M · May 2023

1002, Marina Tower in numbers

  • Sold twice: first on 1 October 2013 for AED 1,190,000, last on 25 June 2014 for AED 780,000 (AED 1,024 per sqft).
  • Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 63,000 to AED 50,000 in 2022 and recovered to AED 57,500 by February 2023.
  • At AED 57,500 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 12,900 a year (AED 16.91 per sqft).
  • One-beds in Marina Tower sold for AED 150,857–1,807,735 in the 12 months to November 2026; the building's median across all types is AED 1,891 per sqft.

Source: Dubai Land Department. Updated 20 February 2023.

Questions about 1002, Marina Tower

What did unit 1002 last sell for?

AED 780,000 on 25 June 2014: AED 1,024 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 1,190,000 in October 2013.

What is the rent for unit 1002?

AED 57,500 a year on the contract renewed on 20 February 2023. The previous contract, from February 2022, was AED 50,000; the unit has been rented since October 2012.

How big is unit 1002?

761 sqft (70.7 sqm): a one-bedroom apartment on the 10th floor of a 32-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. One-beds in Marina Tower sold for AED 150,857 to 1,807,735 in the last 12 months, around AED 1,884 per sqft.

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Mortgage on 1002, Marina Tower

Starts from the last sale price (AED 780K, 25 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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