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1-bed · 761 sqftMarina Tower, Dubai Marina · 22nd floor · completed 2006

2202, Marina Tower

Sold prices and rental history: sold twice, last in March 2014, and rented once, from February 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2202 · DLD and Ejari recordsUpdated 20 March 2014
Last soldAED 1.5M20 March 2014
Current rentAED 65K /yr22 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2202, Marina Tower

What is 2202 worth today?

Last sold for AED 1,500,000 in 2014

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20 Mar 2014SoldReady
AED 1,500,000AED 1,970 per sqft
16 Sep 2013Sold by developerReady
AED 1,264,300AED 1,660 per sqft
22 Feb 2013RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 20 March 2014.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
22nd of 32
Parking
P7-177
Developer
Select Global Development
Completed
2006
Service charge
AED 12,900 /yr
Last sold
AED 1.5M · March 2014
Building
Marina Tower

About 2202, Marina Tower

2202 is a one-bedroom apartment of 761 sqft on the 22nd floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 20 March 2014 for AED 1,500,000, or AED 1,970 per sqft, 26% above the AED 1,569 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 February 2013. The current contract, signed on 22 February 2013, is AED 65,000 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 12,900 a year.

Sales and rents for 2202 over time

Sales
Unit 2202, 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, September 2013: AED 1,264,300 (AED 1,660 per sqft)Sold, March 2014: AED 1,500,000 (AED 1,970 per sqft)

2202 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2202, 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, February 2013: AED 65,000 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 2202 sits

All 51 1-beds →

2202 last sold in March 2014 at AED 1,970 per sqft, 26% above what one-beds in Marina Tower were fetching at the time (AED 1,569). 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. 2202's AED 65,000 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 22nd floor

All 197 units in Marina Tower
Value
22013-bedAED 1.1M · Feb 2017
22031-bedAED 1.48M · Jul 2013
22042-bedAED 2.04M · Sep 2013
22052-bedAED 2.45M · Aug 2015
22063-bedAED 3.37M · Oct 2013
22073-bedAED 3.2M · Oct 2013

2202, Marina Tower in numbers

  • Sold twice: first on 16 September 2013 for AED 1,264,300, last on 20 March 2014 for AED 1,500,000 (AED 1,970 per sqft).
  • Rented since February 2013 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2014 price is 4.3%, 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 20 March 2014.

Questions about 2202, Marina Tower

What did unit 2202 last sell for?

AED 1,500,000 on 20 March 2014: AED 1,970 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 1,264,300 in September 2013.

What is the rent for unit 2202?

AED 65,000 a year on the contract signed on 22 February 2013.

How big is unit 2202?

761 sqft (70.7 sqm): a one-bedroom apartment on the 22nd floor of a 32-storey tower completed in 2006.

What is unit 2202 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 2202, Marina Tower

Starts from the last sale price (AED 1.5M, 20 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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