1-bed · 2,238 sqftMarina Tower, Dubai Marina · 2nd floor · completed 2006

204, Marina Tower

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 2.29M30 April 2024
Current rentAED 87K /yr14 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Marina Tower

What is 204 worth today?

Last sold for AED 2,290,000 in 2024

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30 Apr 2024SoldReady
AED 2,290,000AED 1,023 per sqft
14 Jan 2023RentedRenewal
AED 86,900/yr12 months · AED 39 per sqft
14 Jan 2022RentedRenewal
AED 79,000/yr12 months · AED 35 per sqft
15 Jan 2021RentedRenewal
AED 79,213/yr12 months · AED 35 per sqft
15 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 36 per sqft
1 Aug 2018RentedNew contract
AED 117,500/yr12 months · AED 52 per sqft
1 Aug 2016RentedRenewal
AED 130,000/yr12 months · AED 58 per sqft
1 Aug 2015RentedNew contract
AED 130,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
1-bed apartment
Size
2,238 sqft
Floor
2nd of 32
Parking
P1-012
Developer
Select Global Development
Completed
2006
Service charge
AED 37,800 /yr
Last sold
AED 2.29M · April 2024
Building
Marina Tower

About 204, Marina Tower

204 is a one-bedroom apartment of 2,238 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 30 April 2024 for AED 2,290,000, or AED 1,023 per sqft, 40% below the AED 1,706 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 14 January 2023, is AED 86,900 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 37,800 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Marina Tower
1M2M2013201720212025Typical 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, July 2013: AED 1,875,000 (AED 837 per sqft)Sold, April 2024: AED 2,290,000 (AED 1,023 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Marina Tower
50K100K2012201620202024Typical 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, August 2015: AED 130,000 a yearRenewal, August 2016: AED 130,000 a yearNew contract, August 2018: AED 117,500 a yearNew contract, January 2020: AED 80,000 a yearRenewal, January 2021: AED 79,213 a yearRenewal, January 2022: AED 79,000 a yearRenewal, January 2023: AED 86,900 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 204 sits

All 51 1-beds →

204 last sold in April 2024 at AED 1,023 per sqft, 40% below what one-beds in Marina Tower were fetching at the time (AED 1,706). 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. 204's AED 86,900 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 2nd floor

All 197 units in Marina Tower
Value
2012-bedAED 3.15M · Dec 2013
2022-bedAED 4.1M · May 2024
2032-bedAED 3.3M · Jan 2024
2052-bedAED 3.35M · Nov 2015

204, Marina Tower in numbers

  • Sold twice: first on 25 July 2013 for AED 1,875,000, last on 30 April 2024 for AED 2,290,000 (AED 1,023 per sqft).
  • Rented since August 2015 on 7 Ejari contracts, from AED 130,000 to AED 86,900 a year.
  • At AED 86,900 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 37,800 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 30 April 2024.

Questions about 204, Marina Tower

What did unit 204 last sell for?

AED 2,290,000 on 30 April 2024: AED 1,023 per sqft for 2,238 sqft. The unit has 2 registered sales; the first was AED 1,875,000 in July 2013.

What is the rent for unit 204?

AED 86,900 a year on the contract renewed on 14 January 2023. The previous contract, from January 2022, was AED 79,000; the unit has been rented since August 2015.

How big is unit 204?

2,238 sqft (207.9 sqm): a one-bedroom apartment on the 2nd floor of a 32-storey tower completed in 2006.

What is unit 204 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 204, Marina Tower

Starts from the last sale price (AED 2.29M, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,290,000
Deposit, UAE resident (20%)
AED 458,000
Deposit, non-resident (40%)
AED 916,000
Monthly over 25 years at 3.7%
AED 9,369

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