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3-bed · 1,837 sqftMarina Tower, Dubai Marina · 30th floor · completed 2006

3005, Marina Tower

Sold prices and rental history: sold twice, last in February 2014, and rented once, from July 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3005 · DLD and Ejari recordsUpdated 25 February 2014
Last soldAED 3.82M25 February 2014
Current rentAED 140K /yr21 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3005, Marina Tower

What is 3005 worth today?

Last sold for AED 3,820,000 in 2014

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25 Feb 2014SoldReady
AED 3,820,000AED 2,079 per sqft
1 Oct 2013Sold by developerReady
AED 3,300,000AED 1,796 per sqft
21 Jul 2012RentedNew contract
AED 140,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 25 February 2014.

Key facts

Type
3-bed apartment
Size
1,837 sqft
Floor
30th of 32
Parking
P12-227, P12-228
Developer
Select Global Development
Completed
2006
Service charge
AED 31,100 /yr
Last sold
AED 3.82M · February 2014
Building
Marina Tower

About 3005, Marina Tower

3005 is a three-bedroom apartment of 1,837 sqft on the 30th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 25 February 2014 for AED 3,820,000, or AED 2,079 per sqft, 27% above the AED 1,641 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 July 2012. The current contract, signed on 21 July 2012, is AED 140,000 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 31,100 a year.

Sales and rents for 3005 over time

Sales
Unit 3005, 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, October 2013: AED 3,300,000 (AED 1,796 per sqft)Sold, February 2014: AED 3,820,000 (AED 2,079 per sqft)

3005 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3005, 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, July 2012: AED 140,000 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 3005 sits

All 76 3-beds →

3005 last sold in February 2014 at AED 2,079 per sqft, 27% above what three-beds in Marina Tower were fetching at the time (AED 1,641). 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. 3005's AED 140,000 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 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
30042-bedAED 2.7M · Jan 2014

3005, Marina Tower in numbers

  • Sold twice: first on 1 October 2013 for AED 3,300,000, last on 25 February 2014 for AED 3,820,000 (AED 2,079 per sqft).
  • Rented since July 2012 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 3.7%, 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 25 February 2014.

Questions about 3005, Marina Tower

What did unit 3005 last sell for?

AED 3,820,000 on 25 February 2014: AED 2,079 per sqft for 1,837 sqft. The unit has 2 registered sales; the first was AED 3,300,000 in October 2013.

What is the rent for unit 3005?

AED 140,000 a year on the contract signed on 21 July 2012.

How big is unit 3005?

1,837 sqft (170.7 sqm): a three-bedroom apartment on the 30th floor of a 32-storey tower completed in 2006.

What is unit 3005 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 3005, Marina Tower

Starts from the last sale price (AED 3.82M, 25 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,820,000
Deposit, UAE resident (20%)
AED 764,000
Deposit, non-resident (40%)
AED 1,528,000
Monthly over 25 years at 3.7%
AED 15,629

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