2-bed · 3,194 sqftMarina Tower, Dubai Marina · 1st floor · completed 2006

103, Marina Tower

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

Unit 103 · DLD and Ejari recordsUpdated 27 November 2018
Last soldAED 3.08M13 August 2013
Current rentAED 190K /yr27 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Marina Tower

What is 103 worth today?

Last sold for AED 3,080,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Nov 2018RentedNew contract
AED 190,000/yr24 months · AED 59 per sqft
27 Nov 2016RentedRenewal
AED 204,250/yr24 months · AED 64 per sqft
27 Nov 2015RentedRenewal
AED 215,000/yr12 months · AED 67 per sqft
27 Nov 2014RentedNew contract
AED 215,000/yr12 months · AED 67 per sqft
13 Aug 2013Sold by developerReady
AED 3,080,000AED 964 per sqft

Source: Dubai Land Department. Updated 27 November 2018.

Key facts

Type
2-bed apartment
Size
3,194 sqft
Floor
1st of 32
Parking
P2-T051
Developer
Select Global Development
Completed
2006
Service charge
AED 54,000 /yr
Last sold
AED 3.08M · August 2013
Building
Marina Tower

About 103, Marina Tower

103 is a two-bedroom apartment of 3,194 sqft on the 1st floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 13 August 2013 for AED 3,080,000, or AED 964 per sqft, in line with the AED 979 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 27 November 2018, is AED 190,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 54,000 a year.

Sales and rents for 103 over time

Sales
Unit 103, 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, August 2013: AED 3,080,000 (AED 964 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Marina Tower
100K200K2012201620202024Typical 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, November 2014: AED 215,000 a yearRenewal, November 2015: AED 215,000 a yearRenewal, November 2016: AED 204,250 a yearNew contract, November 2018: AED 190,000 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 103 sits

All 70 2-beds →

103 last sold in August 2013 at AED 964 per sqft, in line with what two-beds in Marina Tower were fetching at the time (AED 979). 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. 103's AED 190,000 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 1st floor

All 197 units in Marina Tower
Value
1012-bedAED 2.55M · Mar 2021
1022-bedAED 3.23M · Apr 2014
1041-bedAED 1.85M · Jul 2013
1052-bedAED 3.15M · Nov 2022

103, Marina Tower in numbers

  • Sold once: by Select Global Development on 13 August 2013 for AED 3,080,000, or AED 964 per sqft.
  • Rented since November 2014 on 4 Ejari contracts, from AED 215,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2013 price is 6.2%, before a service charge of about AED 54,000 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 27 November 2018.

Questions about 103, Marina Tower

What did unit 103 last sell for?

AED 3,080,000 on 13 August 2013, sold by the developer: AED 964 per sqft for 3,194 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 190,000 a year on the contract signed on 27 November 2018. The previous contract, from November 2016, was AED 204,250; the unit has been rented since November 2014.

How big is unit 103?

3,194 sqft (296.7 sqm): a two-bedroom apartment on the 1st floor of a 32-storey tower completed in 2006.

What is unit 103 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.

Selling 103? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 103, Marina Tower

Starts from the last sale price (AED 3.08M, 13 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,080,000
Deposit, UAE resident (20%)
AED 616,000
Deposit, non-resident (40%)
AED 1,232,000
Monthly over 25 years at 3.7%
AED 12,601

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