1-bed · 761 sqftMarina Tower, Dubai Marina · 17th floor · completed 2006

1702, Marina Tower

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

Unit 1702 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 1.34M2 October 2013
Current rentAED 66K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Marina Tower

What is 1702 worth today?

Last sold for AED 1,340,000 in 2013

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1 Feb 2021RentedNew contract
AED 66,100/yr13 months · AED 86 per sqft
25 Mar 2019RentedRenewal
AED 80,000/yr12 months · AED 105 per sqft
25 Mar 2018RentedRenewal
AED 105,000/yr12 months · AED 137 per sqft
25 Mar 2017RentedRenewal
AED 105,000/yr12 months · AED 137 per sqft
25 Mar 2016RentedNew contract
AED 105,000/yr12 months · AED 137 per sqft
19 Jun 2014RentedNew contract
AED 75,000/yr12 months · AED 98 per sqft
2 Oct 2013Sold by developerReady
AED 1,340,000AED 1,760 per sqft
22 Nov 2012RentedNew contract
AED 75,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
17th of 32
Parking
P5-124
Developer
Select Global Development
Completed
2006
Service charge
AED 12,900 /yr
Last sold
AED 1.34M · October 2013
Building
Marina Tower

About 1702, Marina Tower

1702 is a one-bedroom apartment of 761 sqft on the 17th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 2 October 2013 for AED 1,340,000, or AED 1,760 per sqft, 14% above the AED 1,543 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 1 February 2021, is AED 66,100 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 12,900 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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 1,340,000 (AED 1,760 per sqft)

1702 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1702, 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, November 2012: AED 75,000 a yearNew contract, June 2014: AED 75,000 a yearNew contract, March 2016: AED 105,000 a yearRenewal, March 2017: AED 105,000 a yearRenewal, March 2018: AED 105,000 a yearRenewal, March 2019: AED 80,000 a yearNew contract, February 2021: AED 66,100 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 1702 sits

All 51 1-beds →

1702 last sold in October 2013 at AED 1,760 per sqft, 14% above what one-beds in Marina Tower were fetching at the time (AED 1,543). 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. 1702's AED 66,100 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 17th floor

All 197 units in Marina Tower
Value
17013-bedAED 3.2M · Jun 2014
17031-bedAED 1.43M · Jul 2013
17042-bedAED 1.69M · Sep 2022
17052-bedAED 1.2M · Sep 2019
17063-bedAED 3.18M · Oct 2013
17073-bedAED 3.3M · Oct 2013

1702, Marina Tower in numbers

  • Sold once: by Select Global Development on 2 October 2013 for AED 1,340,000, or AED 1,760 per sqft.
  • Rented since November 2012 on 7 Ejari contracts, from AED 75,000 to AED 66,100 a year.
  • At AED 66,100 a year the gross yield on the 2013 price is 4.9%, 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 1 February 2021.

Questions about 1702, Marina Tower

What did unit 1702 last sell for?

AED 1,340,000 on 2 October 2013, sold by the developer: AED 1,760 per sqft for 761 sqft. It is the only registered sale of the unit.

What is the rent for unit 1702?

AED 66,100 a year on the contract signed on 1 February 2021. The previous contract, from March 2019, was AED 80,000; the unit has been rented since November 2012.

How big is unit 1702?

761 sqft (70.7 sqm): a one-bedroom apartment on the 17th floor of a 32-storey tower completed in 2006.

What is unit 1702 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 1702, Marina Tower

Starts from the last sale price (AED 1.34M, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,000
Deposit, UAE resident (20%)
AED 268,000
Deposit, non-resident (40%)
AED 536,000
Monthly over 25 years at 3.7%
AED 5,482

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