3-bed · 1,586 sqftMarina Tower, Dubai Marina · 7th floor · completed 2006

701, Marina Tower

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 2.8M19 December 2023
Current rentAED 139K /yr8 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Marina Tower

What is 701 worth today?

Last sold for AED 2,800,000 in 2023

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19 Dec 2023SoldReady
AED 2,800,000AED 1,765 per sqft
8 Oct 2022RentedRenewal
AED 139,150/yr12 months · AED 88 per sqft
8 Oct 2021RentedRenewal
AED 126,500/yr12 months · AED 80 per sqft
8 Oct 2020RentedNew contract
AED 115,000/yr12 months · AED 73 per sqft
10 Jul 2018RentedNew contract
AED 144,000/yr12 months · AED 91 per sqft
1 Oct 2013Sold by developerReady
AED 2,570,000AED 1,620 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
3-bed apartment
Size
1,586 sqft
Floor
7th of 32
Parking
P1-032
Developer
Select Global Development
Completed
2006
Service charge
AED 26,800 /yr
Last sold
AED 2.8M · December 2023
Building
Marina Tower

About 701, Marina Tower

701 is a three-bedroom apartment of 1,586 sqft on the 7th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 19 December 2023 for AED 2,800,000, or AED 1,765 per sqft, 12% above the AED 1,571 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 8 October 2022, is AED 139,150 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 26,800 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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 2,570,000 (AED 1,620 per sqft)Sold, December 2023: AED 2,800,000 (AED 1,765 per sqft)

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

Rents
Unit 701, each contractTypical three-bed in Marina Tower
100K150K200K2012201620202024Typical 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 2018: AED 144,000 a yearNew contract, October 2020: AED 115,000 a yearRenewal, October 2021: AED 126,500 a yearRenewal, October 2022: AED 139,150 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 701 sits

All 76 3-beds →

701 last sold in December 2023 at AED 1,765 per sqft, 12% above what three-beds in Marina Tower were fetching at the time (AED 1,571). 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. 701's AED 139,150 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 7th floor

All 197 units in Marina Tower
Value
7021-bedAED 1.68M · Sep 2025
7031-bedAED 1.41M · Dec 2013
7042-bedAED 1.28M · Feb 2019
7052-bedAED 2.2M · Jul 2024
7063-bedAED 2.82M · Apr 2023
7073-bedAED 2.9M · Jul 2021

701, Marina Tower in numbers

  • Sold twice: first on 1 October 2013 for AED 2,570,000, last on 19 December 2023 for AED 2,800,000 (AED 1,765 per sqft).
  • Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 144,000 to AED 115,000 in 2020 and recovered to AED 139,150 by October 2022.
  • At AED 139,150 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 26,800 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 19 December 2023.

Questions about 701, Marina Tower

What did unit 701 last sell for?

AED 2,800,000 on 19 December 2023: AED 1,765 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 2,570,000 in October 2013.

What is the rent for unit 701?

AED 139,150 a year on the contract renewed on 8 October 2022. The previous contract, from October 2021, was AED 126,500; the unit has been rented since July 2018.

How big is unit 701?

1,586 sqft (147.3 sqm): a three-bedroom apartment on the 7th floor of a 32-storey tower completed in 2006.

What is unit 701 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 701, Marina Tower

Starts from the last sale price (AED 2.8M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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