3-bed · 1,837 sqftMarina Tower, Dubai Marina · 27th floor · completed 2006

2705, Marina Tower

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 16 December 2022
Last soldAED 2.69M16 December 2022
Current rentAED 135K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Marina Tower

What is 2705 worth today?

Last sold for AED 2,685,000 in 2022

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16 Dec 2022SoldReady
AED 2,685,000AED 1,461 per sqft
3 Nov 2022SoldReady
AED 2,250,000AED 1,224 per sqft
1 Oct 2022RentedRenewal
AED 135,000/yr12 months · AED 73 per sqft
1 Oct 2021RentedRenewal
AED 120,000/yr12 months · AED 65 per sqft
1 Oct 2020RentedNew contract
AED 120,000/yr12 months · AED 65 per sqft
3 Aug 2019RentedRenewal
AED 155,000/yr12 months · AED 84 per sqft
3 Aug 2018RentedNew contract
AED 165,000/yr12 months · AED 90 per sqft
15 Jul 2017RentedNew contract
AED 195,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 16 December 2022.

Key facts

Type
3-bed apartment
Size
1,837 sqft
Floor
27th of 32
Parking
P10-V07, P10-V08
Developer
Select Global Development
Completed
2006
Service charge
AED 31,100 /yr
Last sold
AED 2.69M · December 2022
Building
Marina Tower

About 2705, Marina Tower

2705 is a three-bedroom apartment of 1,837 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 16 December 2022 for AED 2,685,000, or AED 1,461 per sqft, 10% above the AED 1,334 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 135,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 31,100 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, each saleTypical three-bed in Marina Tower
2M3M4M2013201720212025Typical sale price by year: 2013 AED 2,985,000; 2014 AED 3,410,000; 2015 AED 3,750,000; 2018 AED 2,696,303; 2020 AED 1,841,155; 2021 AED 2,330,000; 2022 AED 2,412,500; 2023 AED 2,900,000; 2024 AED 3,100,000; 2025 AED 3,390,000; 2026 AED 3,615,000Sold by developer, August 2013: AED 3,240,000 (AED 1,763 per sqft)Sold, November 2022: AED 2,250,000 (AED 1,224 per sqft)Sold, December 2022: AED 2,685,000 (AED 1,461 per sqft)

2705 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2705, each contractTypical three-bed in Marina Tower
150K200K2012201620202024Typical rent by year: 2012 AED 137,500; 2013 AED 150,000; 2014 AED 200,000; 2015 AED 210,000; 2016 AED 187,500; 2017 AED 178,500; 2018 AED 170,000; 2019 AED 158,750; 2020 AED 125,500; 2021 AED 125,750; 2022 AED 160,000; 2023 AED 175,000; 2024 AED 190,000; 2025 AED 205,000; 2026 AED 190,000New contract, June 2012: AED 135,000 a yearNew contract, July 2017: AED 195,000 a yearNew contract, August 2018: AED 165,000 a yearRenewal, August 2019: AED 155,000 a yearNew contract, October 2020: AED 120,000 a yearRenewal, October 2021: AED 120,000 a yearRenewal, October 2022: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Tower, and where 2705 sits

All 76 3-beds →

2705 last sold in December 2022 at AED 1,461 per sqft, 10% above what three-beds in Marina Tower were fetching at the time (AED 1,334). Over the last 12 months three-beds sold for AED 3,000,000 to 4,700,000, around AED 2,056 per sqft, and rent for AED 110,000 to 250,000 a year. 2705's AED 135,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Oct 20263,615,000
19 Aug 20264,275,000
6 Aug 2026124,219
12 May 20263,000,000
10 3-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
27021-bedAED 1.4M · Mar 2024
27032-bedAED 2.7M · Oct 2014
27042-bedAED 2.52M · Oct 2013

2705, Marina Tower in numbers

  • Sold 3 times: first on 13 August 2013 for AED 3,240,000, last on 16 December 2022 for AED 2,685,000 (AED 1,461 per sqft).
  • Rented since June 2012 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 120,000 in 2021 and recovered to AED 135,000 by October 2022.
  • At AED 135,000 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 31,100 a year (AED 16.91 per sqft).
  • Three-beds in Marina Tower sold for AED 3,000,000–4,700,000 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 16 December 2022.

Questions about 2705, Marina Tower

What did unit 2705 last sell for?

AED 2,685,000 on 16 December 2022: AED 1,461 per sqft for 1,837 sqft. The unit has 3 registered sales; the first was AED 3,240,000 in August 2013.

What is the rent for unit 2705?

AED 135,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 120,000; the unit has been rented since June 2012.

How big is unit 2705?

1,837 sqft (170.7 sqm): a three-bedroom apartment on the 27th floor of a 32-storey tower completed in 2006.

What is unit 2705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Tower sold for AED 3,000,000 to 4,700,000 in the last 12 months, around AED 2,056 per sqft.

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Mortgage on 2705, Marina Tower

Starts from the last sale price (AED 2.69M, 16 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,685,000
Deposit, UAE resident (20%)
AED 537,000
Deposit, non-resident (40%)
AED 1,074,000
Monthly over 25 years at 3.7%
AED 10,985

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