2-bed · 1,499 sqftMarina Tower, Dubai Marina · 31st floor · completed 2006

3103, Marina Tower

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

Unit 3103 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 2.72M10 March 2014
Current rentAED 110K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, Marina Tower

What is 3103 worth today?

Last sold for AED 2,715,000 in 2014

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1 Oct 2022RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
1 Oct 2021RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
19 Feb 2020RentedRenewal
AED 97,938/yr19 months · AED 65 per sqft
19 Feb 2019RentedRenewal
AED 115,000/yr12 months · AED 77 per sqft
19 Feb 2018RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
15 Feb 2016RentedNew contract
AED 160,000/yr12 months · AED 107 per sqft
10 Mar 2014Sold by developerReady
AED 2,715,000AED 1,811 per sqft
9 Jan 2013RentedNew contract
AED 115,500/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
2-bed apartment
Size
1,499 sqft
Floor
31st of 32
Parking
P12-232
Developer
Select Global Development
Completed
2006
Service charge
AED 25,300 /yr
Last sold
AED 2.72M · March 2014
Building
Marina Tower

About 3103, Marina Tower

3103 is a two-bedroom apartment of 1,499 sqft on the 31st floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 10 March 2014 for AED 2,715,000, or AED 1,811 per sqft, 17% above the AED 1,542 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 110,000 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 25,300 a year.

Sales and rents for 3103 over time

Sales
Unit 3103, 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, March 2014: AED 2,715,000 (AED 1,811 per sqft)

3103 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3103, each contractTypical two-bed in Marina Tower
100K150K2012201620202024Typical 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, January 2013: AED 115,500 a yearNew contract, February 2016: AED 160,000 a yearNew contract, February 2018: AED 120,000 a yearRenewal, February 2019: AED 115,000 a yearRenewal, February 2020: AED 97,938 a yearRenewal, October 2021: AED 110,000 a yearRenewal, October 2022: AED 110,000 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 3103 sits

All 70 2-beds →

3103 last sold in March 2014 at AED 1,811 per sqft, 17% above what two-beds in Marina Tower were fetching at the time (AED 1,542). 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. 3103's AED 110,000 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 31st floor

All 197 units in Marina Tower
Value
31013-bedAED 1.43M · Sep 2013
31021-bedAED 1.29M · May 2023
31042-bedAED 3.5M · Nov 2015
31053-bedAED 3.4M · Feb 2025

3103, Marina Tower in numbers

  • Sold once: by Select Global Development on 10 March 2014 for AED 2,715,000, or AED 1,811 per sqft.
  • Rented since January 2013 on 7 Ejari contracts. The rent fell from AED 115,500 to AED 97,938 in 2020 and recovered to AED 110,000 by October 2022.
  • At AED 110,000 a year the gross yield on the 2014 price is 4.0%, before a service charge of about AED 25,300 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 1 October 2022.

Questions about 3103, Marina Tower

What did unit 3103 last sell for?

AED 2,715,000 on 10 March 2014, sold by the developer: AED 1,811 per sqft for 1,499 sqft. It is the only registered sale of the unit.

What is the rent for unit 3103?

AED 110,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 110,000; the unit has been rented since January 2013.

How big is unit 3103?

1,499 sqft (139.3 sqm): a two-bedroom apartment on the 31st floor of a 32-storey tower completed in 2006.

What is unit 3103 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 3103, Marina Tower

Starts from the last sale price (AED 2.72M, 10 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,715,000
Deposit, UAE resident (20%)
AED 543,000
Deposit, non-resident (40%)
AED 1,086,000
Monthly over 25 years at 3.7%
AED 11,108

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