2-bed · 1,269 sqftMarina Tower, Dubai Marina · 10th floor · completed 2006

1004, Marina Tower

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 1.93M24 September 2013
Current rentAED 135K /yr29 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Marina Tower

What is 1004 worth today?

Last sold for AED 1,930,000 in 2013

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29 May 2024RentedNew contract
AED 135,000/yr12 months · AED 106 per sqft
29 May 2024RentedNew contract
AED 135,000/yr12 months · AED 106 per sqft
15 May 2023RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
1 Oct 2021RentedNew contract
AED 88,000/yr12 months · AED 69 per sqft
1 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft
18 Aug 2019RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
18 Aug 2018RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
18 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
2-bed apartment
Size
1,269 sqft
Floor
10th of 32
Parking
P3-057
Developer
Select Global Development
Completed
2006
Service charge
AED 21,500 /yr
Last sold
AED 1.93M · September 2013
Building
Marina Tower

About 1004, Marina Tower

1004 is a two-bedroom apartment of 1,269 sqft on the 10th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 24 September 2013 for AED 1,930,000, or AED 1,520 per sqft, in line with the AED 1,512 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 29 May 2024, is AED 135,000 a year: a gross yield of 7.0% on the 2013 price, before the service charge of about AED 21,500 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Marina Tower
1M2M3M2013201720212025Typical sale price by year: 2013 AED 2,050,000; 2014 AED 2,650,000; 2015 AED 2,745,000; 2019 AED 1,200,000; 2021 AED 1,575,000; 2022 AED 1,670,000; 2023 AED 2,048,408; 2024 AED 2,300,000; 2025 AED 2,350,000Sold by developer, September 2013: AED 1,930,000 (AED 1,520 per sqft)

1004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Marina Tower
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 120,000; 2014 AED 145,000; 2015 AED 142,500; 2016 AED 143,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 120,000; 2020 AED 95,367; 2021 AED 95,000; 2022 AED 107,500; 2023 AED 135,000; 2024 AED 135,000; 2025 AED 150,000; 2026 AED 150,000New contract, September 2012: AED 95,000 a yearNew contract, August 2017: AED 120,000 a yearRenewal, August 2018: AED 120,000 a yearRenewal, August 2019: AED 120,000 a yearNew contract, October 2020: AED 80,000 a yearNew contract, October 2021: AED 88,000 a yearNew contract, May 2023: AED 120,000 a yearNew contract, May 2024: AED 135,000 a yearNew contract, May 2024: AED 135,000 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 Tower, and where 1004 sits

All 70 2-beds →

1004 last sold in September 2013 at AED 1,520 per sqft, in line with what two-beds in Marina Tower were fetching at the time (AED 1,512). Over the last 12 months two-beds sold for AED 2,475,000 to 2,500,000, around AED 1,648 per sqft, and rent for AED 115,000 to 330,000 a year. 1004's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 May 20262,500,000
26 Jan 20262,475,000
21 Feb 20252,350,000
31 Jan 20252,100,000
2 2-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
10031-bedAED 1.65M · Dec 2014
10052-bedAED 2.35M · Dec 2014
10063-bedAED 3.62M · Oct 2026
10073-bedAED 3.48M · May 2023

1004, Marina Tower in numbers

  • Sold once: by Select Global Development on 24 September 2013 for AED 1,930,000, or AED 1,520 per sqft.
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2020 and recovered to AED 135,000 by May 2024.
  • At AED 135,000 a year the gross yield on the 2013 price is 7.0%, before a service charge of about AED 21,500 a year (AED 16.91 per sqft).
  • Two-beds in Marina Tower sold for AED 2,475,000–2,500,000 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 29 May 2024.

Questions about 1004, Marina Tower

What did unit 1004 last sell for?

AED 1,930,000 on 24 September 2013, sold by the developer: AED 1,520 per sqft for 1,269 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 135,000 a year on the contract signed on 29 May 2024. The previous contract, from May 2024, was AED 135,000; the unit has been rented since September 2012.

How big is unit 1004?

1,269 sqft (117.9 sqm): a two-bedroom apartment on the 10th floor of a 32-storey tower completed in 2006.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Tower sold for AED 2,475,000 to 2,500,000 in the last 12 months, around AED 1,648 per sqft.

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Mortgage on 1004, Marina Tower

Starts from the last sale price (AED 1.93M, 24 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

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