2-bed · 1,520 sqftMarina Tower, Dubai Marina · 30th floor · completed 2006

3004, Marina Tower

Sold prices and rental history: sold once, by the developer in January 2014, and rented once, from May 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3004 · DLD and Ejari recordsUpdated 6 January 2014
Last soldAED 2.7M6 January 2014
Current rentAED 105K /yr7 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3004, Marina Tower

What is 3004 worth today?

Last sold for AED 2,700,000 in 2014

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6 Jan 2014Sold by developerReady
AED 2,700,000AED 1,776 per sqft
7 May 2013RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 6 January 2014.

Key facts

Type
2-bed apartment
Size
1,520 sqft
Floor
30th of 32
Parking
P11-226
Developer
Select Global Development
Completed
2006
Service charge
AED 25,700 /yr
Last sold
AED 2.7M · January 2014
Building
Marina Tower

About 3004, Marina Tower

3004 is a two-bedroom apartment of 1,520 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 6 January 2014 for AED 2,700,000, or AED 1,776 per sqft, 16% above the AED 1,536 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 May 2013. The current contract, signed on 7 May 2013, is AED 105,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 25,700 a year.

Sales and rents for 3004 over time

Sales
Unit 3004, 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, January 2014: AED 2,700,000 (AED 1,776 per sqft)

3004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3004, each contractTypical two-bed in Marina Tower
100K125K150K2012201620202024Typical 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, May 2013: AED 105,000 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 3004 sits

All 70 2-beds →

3004 last sold in January 2014 at AED 1,776 per sqft, 16% above what two-beds in Marina Tower were fetching at the time (AED 1,536). 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. 3004's AED 105,000 is at the bottom 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 30th floor

All 197 units in Marina Tower
Value
30013-bedAED 2.8M · Oct 2013
30021-bedAED 1.39M · Jul 2013
30032-bedAED 2.72M · Jun 2014
30053-bedAED 3.82M · Feb 2014

3004, Marina Tower in numbers

  • Sold once: by Select Global Development on 6 January 2014 for AED 2,700,000, or AED 1,776 per sqft.
  • Rented since May 2013 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2014 price is 3.9%, before a service charge of about AED 25,700 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 6 January 2014.

Questions about 3004, Marina Tower

What did unit 3004 last sell for?

AED 2,700,000 on 6 January 2014, sold by the developer: AED 1,776 per sqft for 1,520 sqft. It is the only registered sale of the unit.

What is the rent for unit 3004?

AED 105,000 a year on the contract signed on 7 May 2013.

How big is unit 3004?

1,520 sqft (141.2 sqm): a two-bedroom apartment on the 30th floor of a 32-storey tower completed in 2006.

What is unit 3004 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 3004, Marina Tower

Starts from the last sale price (AED 2.7M, 6 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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