2-bed · 2,708 sqftMarina Tower, Dubai Marina · 2nd floor · completed 2006

202, Marina Tower

Sold prices and rental history: sold twice, last in May 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 4.1M28 May 2024
Current rentAED 170K /yr28 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Marina Tower

What is 202 worth today?

Last sold for AED 4,100,000 in 2024

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28 May 2024SoldReady
AED 4,100,000AED 1,514 per sqft
28 Nov 2021RentedNew contract
AED 170,000/yr12 months · AED 63 per sqft
1 Aug 2020RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
9 Apr 2014Sold by developerReady
AED 3,280,000AED 1,211 per sqft
21 Jan 2013RentedNew contract
AED 130,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
2-bed apartment
Size
2,708 sqft
Floor
2nd of 32
Parking
P3-T053
Developer
Select Global Development
Completed
2006
Service charge
AED 45,800 /yr
Last sold
AED 4.1M · May 2024
Building
Marina Tower

About 202, Marina Tower

202 is a two-bedroom apartment of 2,708 sqft on the 2nd floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 28 May 2024 for AED 4,100,000, or AED 1,514 per sqft, 11% above the AED 1,364 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 28 November 2021, is AED 170,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 45,800 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Marina Tower
2M4M2013201720212025Typical 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, April 2014: AED 3,280,000 (AED 1,211 per sqft)Sold, May 2024: AED 4,100,000 (AED 1,514 per sqft)

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

Rents
Unit 202, 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, January 2013: AED 130,000 a yearNew contract, August 2020: AED 160,000 a yearNew contract, November 2021: AED 170,000 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 202 sits

All 70 2-beds →

202 last sold in May 2024 at AED 1,514 per sqft, 11% above what two-beds in Marina Tower were fetching at the time (AED 1,364). 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. 202's AED 170,000 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 2nd floor

All 197 units in Marina Tower
Value
2012-bedAED 3.15M · Dec 2013
2032-bedAED 3.3M · Jan 2024
2041-bedAED 2.29M · Apr 2024
2052-bedAED 3.35M · Nov 2015

202, Marina Tower in numbers

  • Sold twice: first on 9 April 2014 for AED 3,280,000, last on 28 May 2024 for AED 4,100,000 (AED 1,514 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 130,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 45,800 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 28 May 2024.

Questions about 202, Marina Tower

What did unit 202 last sell for?

AED 4,100,000 on 28 May 2024: AED 1,514 per sqft for 2,708 sqft. The unit has 2 registered sales; the first was AED 3,280,000 in April 2014.

What is the rent for unit 202?

AED 170,000 a year on the contract signed on 28 November 2021. The previous contract, from August 2020, was AED 160,000; the unit has been rented since January 2013.

How big is unit 202?

2,708 sqft (251.6 sqm): a two-bedroom apartment on the 2nd floor of a 32-storey tower completed in 2006.

What is unit 202 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 202, Marina Tower

Starts from the last sale price (AED 4.1M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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