1-bed · 959 sqftMarina Tower, Dubai Marina · 10th floor · completed 2006

1003, Marina Tower

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 2 November 2021
Last soldAED 1.65M15 December 2014
Current rentAED 60K /yr2 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Marina Tower

What is 1003 worth today?

Last sold for AED 1,650,000 in 2014

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2 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
1 Nov 2020RentedNew contract
AED 63,000/yr12 months · AED 66 per sqft
1 Oct 2018RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft
1 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
15 Dec 2014SoldReady
AED 1,650,000AED 1,720 per sqft
18 Sep 2013Sold by developerReady
AED 1,425,000AED 1,485 per sqft
15 Feb 2013RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 2 November 2021.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
10th of 32
Parking
P2-046
Developer
Select Global Development
Completed
2006
Service charge
AED 16,200 /yr
Last sold
AED 1.65M · December 2014
Building
Marina Tower

About 1003, Marina Tower

1003 is a one-bedroom apartment of 959 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 15 December 2014 for AED 1,650,000, or AED 1,720 per sqft, in line with the AED 1,766 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 2 November 2021, is AED 60,000 a year: a gross yield of 3.6% on the 2014 price, before the service charge of about AED 16,200 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, 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, September 2013: AED 1,425,000 (AED 1,485 per sqft)Sold, December 2014: AED 1,650,000 (AED 1,720 per sqft)

1003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Marina Tower
75K100K2012201620202024Typical 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, February 2013: AED 70,000 a yearNew contract, October 2017: AED 100,000 a yearRenewal, October 2018: AED 95,000 a yearNew contract, November 2020: AED 63,000 a yearNew contract, November 2021: AED 60,000 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 1003 sits

All 51 1-beds →

1003 last sold in December 2014 at AED 1,720 per sqft, in line with what one-beds in Marina Tower were fetching at the time (AED 1,766). 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. 1003's AED 60,000 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
10021-bedAED 780K · Jun 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

1003, Marina Tower in numbers

  • Sold twice: first on 18 September 2013 for AED 1,425,000, last on 15 December 2014 for AED 1,650,000 (AED 1,720 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 70,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 3.6%, before a service charge of about AED 16,200 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 2 November 2021.

Questions about 1003, Marina Tower

What did unit 1003 last sell for?

AED 1,650,000 on 15 December 2014: AED 1,720 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 1,425,000 in September 2013.

What is the rent for unit 1003?

AED 60,000 a year on the contract signed on 2 November 2021. The previous contract, from November 2020, was AED 63,000; the unit has been rented since February 2013.

How big is unit 1003?

959 sqft (89.1 sqm): a one-bedroom apartment on the 10th floor of a 32-storey tower completed in 2006.

What is unit 1003 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 1003, Marina Tower

Starts from the last sale price (AED 1.65M, 15 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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