1-bed · 769 sqftMarina Tower, Dubai Marina · 30th floor · completed 2006

3002, Marina Tower

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

Unit 3002 · DLD and Ejari recordsUpdated 16 November 2023
Last soldAED 1.39M18 July 2013
Current rentAED 90K /yr16 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, Marina Tower

What is 3002 worth today?

Last sold for AED 1,390,000 in 2013

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16 Nov 2023RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
14 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
14 Feb 2020RentedNew contract
AED 72,000/yr12 months · AED 94 per sqft
20 Aug 2018RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
28 Oct 2015RentedNew contract
AED 105,000/yr12 months · AED 137 per sqft
18 Jul 2013Sold by developerReady
AED 1,390,000AED 1,808 per sqft
18 Oct 2012RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 16 November 2023.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
30th of 32
Parking
P11-224
Developer
Select Global Development
Completed
2006
Service charge
AED 13,000 /yr
Last sold
AED 1.39M · July 2013
Building
Marina Tower

About 3002, Marina Tower

3002 is a one-bedroom apartment of 769 sqft on the 30th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 18 July 2013 for AED 1,390,000, or AED 1,808 per sqft, in line with the AED 1,789 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 16 November 2023, is AED 90,000 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 13,000 a year.

Sales and rents for 3002 over time

Sales
Unit 3002, 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, July 2013: AED 1,390,000 (AED 1,808 per sqft)

3002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3002, each contractTypical one-bed in Marina Tower
50K75K100K2012201620202024Typical 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, October 2012: AED 65,000 a yearNew contract, October 2015: AED 105,000 a yearNew contract, August 2018: AED 80,000 a yearNew contract, February 2020: AED 72,000 a yearNew contract, March 2021: AED 55,000 a yearNew contract, November 2023: AED 90,000 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 3002 sits

All 51 1-beds →

3002 last sold in July 2013 at AED 1,808 per sqft, in line with what one-beds in Marina Tower were fetching at the time (AED 1,789). 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. 3002's AED 90,000 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 30th floor

All 197 units in Marina Tower
Value
30013-bedAED 2.8M · Oct 2013
30032-bedAED 2.72M · Jun 2014
30042-bedAED 2.7M · Jan 2014
30053-bedAED 3.82M · Feb 2014

3002, Marina Tower in numbers

  • Sold once: by Select Global Development on 18 July 2013 for AED 1,390,000, or AED 1,808 per sqft.
  • Rented since October 2012 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2021 and recovered to AED 90,000 by November 2023.
  • At AED 90,000 a year the gross yield on the 2013 price is 6.5%, 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 16 November 2023.

Questions about 3002, Marina Tower

What did unit 3002 last sell for?

AED 1,390,000 on 18 July 2013, sold by the developer: AED 1,808 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit 3002?

AED 90,000 a year on the contract signed on 16 November 2023. The previous contract, from March 2021, was AED 55,000; the unit has been rented since October 2012.

How big is unit 3002?

769 sqft (71.4 sqm): a one-bedroom apartment on the 30th floor of a 32-storey tower completed in 2006.

What is unit 3002 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 3002, Marina Tower

Starts from the last sale price (AED 1.39M, 18 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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