2-bed · 1,499 sqftMarina Tower, Dubai Marina · 26th floor · completed 2006

2603, Marina Tower

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

Unit 2603 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 2.42M29 August 2013
Current rentAED 135K /yr23 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Marina Tower

What is 2603 worth today?

Last sold for AED 2,415,000 in 2013

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23 Sep 2024RentedNew contract
AED 135,000/yr12 months · AED 90 per sqft
23 Sep 2024RentedNew contract
AED 135,000/yr12 months · AED 90 per sqft
10 Mar 2023RentedRenewal
AED 135,000/yr12 months · AED 90 per sqft
10 Mar 2022RentedRenewal
AED 115,000/yr12 months · AED 77 per sqft
10 Mar 2021RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
10 Mar 2020RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
1 Jul 2017RentedNew contract
AED 150,000/yr12 months · AED 100 per sqft
18 Dec 2014RentedRenewal
AED 165,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
2-bed apartment
Size
1,499 sqft
Floor
26th of 32
Parking
P10-V05
Developer
Select Global Development
Completed
2006
Service charge
AED 25,300 /yr
Last sold
AED 2.42M · August 2013
Building
Marina Tower

About 2603, Marina Tower

2603 is a two-bedroom apartment of 1,499 sqft on the 26th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 29 August 2013 for AED 2,415,000, or AED 1,611 per sqft, 9% above the AED 1,484 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 23 September 2024, is AED 135,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 25,300 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, August 2013: AED 2,415,000 (AED 1,611 per sqft)

2603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, 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, July 2012: AED 110,000 a yearNew contract, December 2013: AED 165,000 a yearNew contract, December 2013: AED 165,000 a yearRenewal, December 2014: AED 165,000 a yearNew contract, July 2017: AED 150,000 a yearNew contract, March 2020: AED 110,000 a yearRenewal, March 2021: AED 110,000 a yearRenewal, March 2022: AED 115,000 a yearRenewal, March 2023: AED 135,000 a yearNew contract, September 2024: AED 135,000 a yearNew contract, September 2024: AED 135,000 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 2603 sits

All 70 2-beds →

2603 last sold in August 2013 at AED 1,611 per sqft, 9% above what two-beds in Marina Tower were fetching at the time (AED 1,484). 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. 2603's AED 135,000 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 26th floor

All 197 units in Marina Tower
Value
26013-bedAED 3M · Jul 2025
26021-bedAED 1.8M · Jul 2026
26042-bedAED 2.52M · Aug 2013
26053-bedAED 3.43M · Oct 2023

2603, Marina Tower in numbers

  • Sold once: by Select Global Development on 29 August 2013 for AED 2,415,000, or AED 1,611 per sqft.
  • Rented since July 2012 on 11 Ejari contracts, from AED 110,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2013 price is 5.6%, before a service charge of about AED 25,300 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 23 September 2024.

Questions about 2603, Marina Tower

What did unit 2603 last sell for?

AED 2,415,000 on 29 August 2013, sold by the developer: AED 1,611 per sqft for 1,499 sqft. It is the only registered sale of the unit.

What is the rent for unit 2603?

AED 135,000 a year on the contract signed on 23 September 2024. The previous contract, from September 2024, was AED 135,000; the unit has been rented since July 2012.

How big is unit 2603?

1,499 sqft (139.3 sqm): a two-bedroom apartment on the 26th floor of a 32-storey tower completed in 2006.

What is unit 2603 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 2603, Marina Tower

Starts from the last sale price (AED 2.42M, 29 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,415,000
Deposit, UAE resident (20%)
AED 483,000
Deposit, non-resident (40%)
AED 966,000
Monthly over 25 years at 3.7%
AED 9,881

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