1-bed · 959 sqftMarina Tower, Dubai Marina · 7th floor · completed 2006

703, Marina Tower

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

Unit 703 · DLD and Ejari recordsUpdated 22 September 2021
Last soldAED 1.41M22 December 2013
Current rentAED 56K /yr22 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Marina Tower

What is 703 worth today?

Last sold for AED 1,405,000 in 2013

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22 Sep 2021RentedNew contract
AED 56,000/yr12 months · AED 58 per sqft
23 Mar 2021RentedNew contract
AED 57,000/yr12 months · AED 59 per sqft
6 Dec 2018RentedNew contract
AED 78,000/yr12 months · AED 81 per sqft
23 Nov 2016RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
9 Dec 2014RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
22 Dec 2013Sold by developerReady
AED 1,405,000AED 1,464 per sqft

Source: Dubai Land Department. Updated 22 September 2021.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
7th of 32
Parking
P1-031
Developer
Select Global Development
Completed
2006
Service charge
AED 16,200 /yr
Last sold
AED 1.41M · December 2013
Building
Marina Tower

About 703, Marina Tower

703 is a one-bedroom apartment of 959 sqft on the 7th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 22 December 2013 for AED 1,405,000, or AED 1,464 per sqft, 5% below the AED 1,537 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 22 September 2021, is AED 56,000 a year: a gross yield of 4.0% on the 2013 price, before the service charge of about AED 16,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, December 2013: AED 1,405,000 (AED 1,464 per sqft)

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

Rents
Unit 703, 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, December 2014: AED 95,000 a yearNew contract, November 2016: AED 90,000 a yearNew contract, December 2018: AED 78,000 a yearNew contract, March 2021: AED 57,000 a yearNew contract, September 2021: AED 56,000 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 703 sits

All 51 1-beds →

703 last sold in December 2013 at AED 1,464 per sqft, 5% below what one-beds in Marina Tower were fetching at the time (AED 1,537). 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. 703's AED 56,000 is at the bottom 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 7th floor

All 197 units in Marina Tower
Value
7013-bedAED 2.8M · Dec 2023
7021-bedAED 1.68M · Sep 2025
7042-bedAED 1.28M · Feb 2019
7052-bedAED 2.2M · Jul 2024
7063-bedAED 2.82M · Apr 2023
7073-bedAED 2.9M · Jul 2021

703, Marina Tower in numbers

  • Sold once: by Select Global Development on 22 December 2013 for AED 1,405,000, or AED 1,464 per sqft.
  • Rented since December 2014 on 5 Ejari contracts, from AED 95,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2013 price is 4.0%, before a service charge of about AED 16,200 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 22 September 2021.

Questions about 703, Marina Tower

What did unit 703 last sell for?

AED 1,405,000 on 22 December 2013, sold by the developer: AED 1,464 per sqft for 959 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 56,000 a year on the contract signed on 22 September 2021. The previous contract, from March 2021, was AED 57,000; the unit has been rented since December 2014.

How big is unit 703?

959 sqft (89.1 sqm): a one-bedroom apartment on the 7th floor of a 32-storey tower completed in 2006.

What is unit 703 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 703, Marina Tower

Starts from the last sale price (AED 1.41M, 22 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,405,000
Deposit, UAE resident (20%)
AED 281,000
Deposit, non-resident (40%)
AED 562,000
Monthly over 25 years at 3.7%
AED 5,748

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