1-bed · 769 sqftMarina Tower, Dubai Marina · 27th floor · completed 2006

2702, Marina Tower

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 1.4M4 March 2024
Current rentAED 80K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Marina Tower

What is 2702 worth today?

Last sold for AED 1,400,000 in 2024

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4 Mar 2024SoldReady
AED 1,400,000AED 1,821 per sqft
1 Jul 2023RentedRenewal
AED 80,000/yr12 months · AED 105 per sqft
1 Jul 2022RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
14 Jul 2021RentedRenewal
AED 63,000/yr12 months · AED 82 per sqft
14 Jul 2020RentedRenewal
AED 63,000/yr12 months · AED 82 per sqft
14 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 98 per sqft
22 Feb 2017RentedRenewal
AED 105,000/yr12 months · AED 137 per sqft
22 Feb 2016RentedNew contract
AED 105,000/yr12 months · AED 137 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
27th of 32
Parking
P10-V11
Developer
Select Global Development
Completed
2006
Service charge
AED 13,000 /yr
Last sold
AED 1.4M · March 2024
Building
Marina Tower

About 2702, Marina Tower

2702 is a one-bedroom apartment of 769 sqft on the 27th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 4 March 2024 for AED 1,400,000, or AED 1,821 per sqft, 5% above the AED 1,733 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 80,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 13,000 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, 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, August 2014: AED 1,690,000 (AED 2,198 per sqft)Sold, March 2024: AED 1,400,000 (AED 1,821 per sqft)

2702 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2702, 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 2016: AED 105,000 a yearRenewal, February 2017: AED 105,000 a yearNew contract, July 2019: AED 75,000 a yearRenewal, July 2020: AED 63,000 a yearRenewal, July 2021: AED 63,000 a yearNew contract, July 2022: AED 80,000 a yearRenewal, July 2023: AED 80,000 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 2702 sits

All 51 1-beds →

2702 last sold in March 2024 at AED 1,821 per sqft, 5% above what one-beds in Marina Tower were fetching at the time (AED 1,733). 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. 2702's AED 80,000 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 27th floor

All 197 units in Marina Tower
Value
27013-bedAED 2.7M · Oct 2013
27032-bedAED 2.7M · Oct 2014
27042-bedAED 2.52M · Oct 2013
27053-bedAED 2.69M · Dec 2022

2702, Marina Tower in numbers

  • Sold twice: first on 24 August 2014 for AED 1,690,000, last on 4 March 2024 for AED 1,400,000 (AED 1,821 per sqft).
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 63,000 in 2021 and recovered to AED 80,000 by July 2023.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 13,000 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 4 March 2024.

Questions about 2702, Marina Tower

What did unit 2702 last sell for?

AED 1,400,000 on 4 March 2024: AED 1,821 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 1,690,000 in August 2014.

What is the rent for unit 2702?

AED 80,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 80,000; the unit has been rented since February 2016.

How big is unit 2702?

769 sqft (71.4 sqm): a one-bedroom apartment on the 27th floor of a 32-storey tower completed in 2006.

What is unit 2702 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 2702, Marina Tower

Starts from the last sale price (AED 1.4M, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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