2-bed · 1,269 sqftMarina Tower, Dubai Marina · 20th floor · completed 2006

2004, Marina Tower

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 1.58M1 November 2021
Current rentAED 113K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Marina Tower

What is 2004 worth today?

Last sold for AED 1,575,000 in 2021

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1 Nov 2021SoldReady
AED 1,575,000AED 1,240 per sqft
1 Nov 2019RentedRenewal
AED 112,500/yr12 months · AED 89 per sqft
1 Nov 2018RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
1 Nov 2017RentedNew contract
AED 125,000/yr12 months · AED 98 per sqft
1 Nov 2015RentedRenewal
AED 140,000/yr12 months · AED 110 per sqft
1 Nov 2014RentedNew contract
AED 140,000/yr12 months · AED 110 per sqft
20 Oct 2013RentedNew contract
AED 70,000/yr24 months · AED 55 per sqft
9 Sep 2013Sold by developerReady
AED 2,050,000AED 1,614 per sqft

Source: Dubai Land Department. Updated 1 November 2021.

Key facts

Type
2-bed apartment
Size
1,269 sqft
Floor
20th of 32
Parking
P7-159
Developer
Select Global Development
Completed
2006
Service charge
AED 21,500 /yr
Last sold
AED 1.58M · November 2021
Building
Marina Tower

About 2004, Marina Tower

2004 is a two-bedroom apartment of 1,269 sqft on the 20th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 1 November 2021 for AED 1,575,000, or AED 1,240 per sqft, 26% above the AED 981 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 November 2019, is AED 112,500 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 21,500 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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 2,050,000 (AED 1,614 per sqft)Sold, November 2021: AED 1,575,000 (AED 1,240 per sqft)

2004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2004, 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, October 2013: AED 70,000 a yearNew contract, November 2014: AED 140,000 a yearRenewal, November 2015: AED 140,000 a yearNew contract, November 2017: AED 125,000 a yearRenewal, November 2018: AED 120,000 a yearRenewal, November 2019: AED 112,500 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 2004 sits

All 70 2-beds →

2004 last sold in November 2021 at AED 1,240 per sqft, 26% above what two-beds in Marina Tower were fetching at the time (AED 981). 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. 2004's AED 112,500 is at the bottom 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 20th floor

All 197 units in Marina Tower
Value
20013-bedAED 3.03M · Aug 2014
20021-bedAED 1.39M · Jan 2014
20031-bedAED 1.1M · May 2022
20052-bedAED 2.1M · Jan 2025
20063-bedAED 1.81M · Jan 2020
20073-bedAED 2.25M · Jun 2021

2004, Marina Tower in numbers

  • Sold twice: first on 9 September 2013 for AED 2,050,000, last on 1 November 2021 for AED 1,575,000 (AED 1,240 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 70,000 to AED 112,500 a year.
  • At AED 112,500 a year the gross yield on the 2021 price is 7.1%, 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 1 November 2021.

Questions about 2004, Marina Tower

What did unit 2004 last sell for?

AED 1,575,000 on 1 November 2021: AED 1,240 per sqft for 1,269 sqft. The unit has 2 registered sales; the first was AED 2,050,000 in September 2013.

What is the rent for unit 2004?

AED 112,500 a year on the contract renewed on 1 November 2019. The previous contract, from November 2018, was AED 120,000; the unit has been rented since October 2013.

How big is unit 2004?

1,269 sqft (117.9 sqm): a two-bedroom apartment on the 20th floor of a 32-storey tower completed in 2006.

What is unit 2004 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 2004, Marina Tower

Starts from the last sale price (AED 1.58M, 1 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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