1-bed · 959 sqftMarina Tower, Dubai Marina · 13th floor · completed 2006

1303, Marina Tower

Sold prices and rental history: sold twice, last in December 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 1.25M10 December 2015
Current rentAED 95K /yr26 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Marina Tower

What is 1303 worth today?

Last sold for AED 1,250,000 in 2015

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26 Oct 2023RentedNew contract
AED 94,745/yr12 months · AED 99 per sqft
15 May 2021RentedNew contract
AED 60,000/yr13 months · AED 63 per sqft
14 Feb 2021RentedRenewal
AED 66,000/yr2 months · AED 69 per sqft
14 Nov 2020RentedRenewal
AED 66,000/yr3 months · AED 69 per sqft
14 May 2020RentedRenewal
AED 66,000/yr6 months · AED 69 per sqft
14 May 2019RentedRenewal
AED 84,000/yr12 months · AED 88 per sqft
14 May 2018RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
10 Dec 2015SoldReady
AED 1,250,000AED 1,303 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
13th of 32
Parking
P3-080
Developer
Select Global Development
Completed
2006
Service charge
AED 16,200 /yr
Last sold
AED 1.25M · December 2015
Building
Marina Tower

About 1303, Marina Tower

1303 is a one-bedroom apartment of 959 sqft on the 13th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 10 December 2015 for AED 1,250,000, or AED 1,303 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 26 October 2023, is AED 94,745 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 16,200 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, 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, August 2013: AED 1,410,000 (AED 1,470 per sqft)Sold, December 2015: AED 1,250,000 (AED 1,303 per sqft)

1303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, 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, September 2012: AED 68,000 a yearNew contract, September 2013: AED 68,000 a yearNew contract, August 2014: AED 115,000 a yearNew contract, May 2018: AED 90,000 a yearRenewal, May 2019: AED 84,000 a yearRenewal, May 2020: AED 66,000 a yearRenewal, November 2020: AED 66,000 a yearRenewal, February 2021: AED 66,000 a yearNew contract, May 2021: AED 60,000 a yearNew contract, October 2023: AED 94,745 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 1303 sits

All 51 1-beds →

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. 1303's AED 94,745 is in the lower half 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 13th floor

All 197 units in Marina Tower
Value
13013-bedAED 3.1M · Feb 2014
13021-bedAED 1.32M · Dec 2023
13042-bedAED 1.65M · May 2022
13052-bedAED 2.3M · Apr 2014
13063-bedAED 3.35M · Mar 2025
13073-bedAED 3.1M · May 2023

1303, Marina Tower in numbers

  • Sold twice: first on 27 August 2013 for AED 1,410,000, last on 10 December 2015 for AED 1,250,000 (AED 1,303 per sqft).
  • Rented since September 2012 on 10 Ejari contracts. The rent fell from AED 68,000 to AED 60,000 in 2021 and recovered to AED 94,745 by October 2023.
  • At AED 94,745 a year the gross yield on the 2015 price is 7.6%, 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 26 October 2023.

Questions about 1303, Marina Tower

What did unit 1303 last sell for?

AED 1,250,000 on 10 December 2015: AED 1,303 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 1,410,000 in August 2013.

What is the rent for unit 1303?

AED 94,745 a year on the contract signed on 26 October 2023. The previous contract, from May 2021, was AED 60,000; the unit has been rented since September 2012.

How big is unit 1303?

959 sqft (89.1 sqm): a one-bedroom apartment on the 13th floor of a 32-storey tower completed in 2006.

What is unit 1303 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 1303, Marina Tower

Starts from the last sale price (AED 1.25M, 10 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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