2-bed · 1,401 sqftMarina Tower, Dubai Marina · 7th floor · completed 2006

705, Marina Tower

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 2.2M30 July 2024
Current rentAED 140K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Marina Tower

What is 705 worth today?

Last sold for AED 2,200,000 in 2024

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30 Jul 2024SoldReady
AED 2,200,000AED 1,570 per sqft
1 Mar 2024RentedRenewal
AED 140,000/yr12 months · AED 100 per sqft
1 Mar 2024RentedRenewal
AED 140,000/yr12 months · AED 100 per sqft
1 Mar 2023RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
2 Mar 2016RentedRenewal
AED 143,000/yr12 months · AED 102 per sqft
2 Mar 2016RentedNew contract
AED 143,000/yr12 months · AED 102 per sqft
2 Mar 2015RentedRenewal
AED 143,000/yr12 months · AED 102 per sqft
2 Mar 2014RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
2-bed apartment
Size
1,401 sqft
Floor
7th of 32
Parking
P1-034
Developer
Select Global Development
Completed
2006
Service charge
AED 23,700 /yr
Last sold
AED 2.2M · July 2024
Building
Marina Tower

About 705, Marina Tower

705 is a two-bedroom apartment of 1,401 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 30 July 2024 for AED 2,200,000, or AED 1,570 per sqft, 8% above the AED 1,453 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 140,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 23,700 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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 2,160,000 (AED 1,542 per sqft)Sold, July 2024: AED 2,200,000 (AED 1,570 per sqft)

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

Rents
Unit 705, 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, November 2013: AED 109,488 a yearNew contract, March 2014: AED 130,000 a yearRenewal, March 2015: AED 143,000 a yearRenewal, March 2016: AED 143,000 a yearNew contract, March 2016: AED 143,000 a yearNew contract, March 2023: AED 140,000 a yearRenewal, March 2024: AED 140,000 a yearRenewal, March 2024: AED 140,000 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 705 sits

All 70 2-beds →

705 last sold in July 2024 at AED 1,570 per sqft, 8% above what two-beds in Marina Tower were fetching at the time (AED 1,453). 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. 705's AED 140,000 is in the lower half 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 7th floor

All 197 units in Marina Tower
Value
7013-bedAED 2.8M · Dec 2023
7021-bedAED 1.68M · Sep 2025
7031-bedAED 1.41M · Dec 2013
7042-bedAED 1.28M · Feb 2019
7063-bedAED 2.82M · Apr 2023
7073-bedAED 2.9M · Jul 2021

705, Marina Tower in numbers

  • Sold twice: first on 6 January 2014 for AED 2,160,000, last on 30 July 2024 for AED 2,200,000 (AED 1,570 per sqft).
  • Rented since November 2013 on 8 Ejari contracts, from AED 109,488 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 23,700 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 30 July 2024.

Questions about 705, Marina Tower

What did unit 705 last sell for?

AED 2,200,000 on 30 July 2024: AED 1,570 per sqft for 1,401 sqft. The unit has 2 registered sales; the first was AED 2,160,000 in January 2014.

What is the rent for unit 705?

AED 140,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2024, was AED 140,000; the unit has been rented since November 2013.

How big is unit 705?

1,401 sqft (130.2 sqm): a two-bedroom apartment on the 7th floor of a 32-storey tower completed in 2006.

What is unit 705 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 705, Marina Tower

Starts from the last sale price (AED 2.2M, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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