3-bed · 1,854 sqftMarina Tower, Dubai Marina · 7th floor · completed 2006

706, Marina Tower

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 16 August 2023
Last soldAED 2.82M17 April 2023
Current rentAED 180K /yr16 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Marina Tower

What is 706 worth today?

Last sold for AED 2,820,000 in 2023

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16 Aug 2023RentedNew contract
AED 180,000/yr8 months · AED 97 per sqft
17 Apr 2023SoldReady
AED 2,820,000AED 1,521 per sqft
16 Aug 2022RentedRenewal
AED 180,000/yr12 months · AED 97 per sqft
16 Aug 2021RentedRenewal
AED 180,000/yr12 months · AED 97 per sqft
16 Aug 2020RentedRenewal
AED 180,000/yr12 months · AED 97 per sqft
16 Aug 2019RentedRenewal
AED 180,000/yr12 months · AED 97 per sqft
16 Aug 2018RentedRenewal
AED 180,000/yr12 months · AED 97 per sqft
16 Aug 2017RentedRenewal
AED 180,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 16 August 2023.

Key facts

Type
3-bed apartment
Size
1,854 sqft
Floor
7th of 32
Parking
P5-T106
Developer
Select Global Development
Completed
2006
Service charge
AED 31,300 /yr
Last sold
AED 2.82M · April 2023
Building
Marina Tower

About 706, Marina Tower

706 is a three-bedroom apartment of 1,854 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 17 April 2023 for AED 2,820,000, or AED 1,521 per sqft, 6% above the AED 1,432 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 16 August 2023, is AED 180,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 31,300 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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 2,870,000 (AED 1,548 per sqft)Sold, April 2023: AED 2,820,000 (AED 1,521 per sqft)

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

Rents
Unit 706, 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, August 2014: AED 210,000 a yearNew contract, August 2016: AED 180,000 a yearRenewal, August 2017: AED 180,000 a yearRenewal, August 2018: AED 180,000 a yearRenewal, August 2019: AED 180,000 a yearRenewal, August 2020: AED 180,000 a yearRenewal, August 2021: AED 180,000 a yearRenewal, August 2022: AED 180,000 a yearNew contract, August 2023: AED 180,000 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 706 sits

All 76 3-beds →

706 last sold in April 2023 at AED 1,521 per sqft, 6% above what three-beds in Marina Tower were fetching at the time (AED 1,432). 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. 706's AED 180,000 is in the upper 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
7013-bedAED 2.8M · Dec 2023
7021-bedAED 1.68M · Sep 2025
7031-bedAED 1.41M · Dec 2013
7042-bedAED 1.28M · Feb 2019
7052-bedAED 2.2M · Jul 2024
7073-bedAED 2.9M · Jul 2021

706, Marina Tower in numbers

  • Sold twice: first on 2 October 2013 for AED 2,870,000, last on 17 April 2023 for AED 2,820,000 (AED 1,521 per sqft).
  • Rented since August 2014 on 9 Ejari contracts, from AED 210,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 31,300 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 16 August 2023.

Questions about 706, Marina Tower

What did unit 706 last sell for?

AED 2,820,000 on 17 April 2023: AED 1,521 per sqft for 1,854 sqft. The unit has 2 registered sales; the first was AED 2,870,000 in October 2013.

What is the rent for unit 706?

AED 180,000 a year on the contract signed on 16 August 2023. The previous contract, from August 2022, was AED 180,000; the unit has been rented since August 2014.

How big is unit 706?

1,854 sqft (172.2 sqm): a three-bedroom apartment on the 7th floor of a 32-storey tower completed in 2006.

What is unit 706 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 706, Marina Tower

Starts from the last sale price (AED 2.82M, 17 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,820,000
Deposit, UAE resident (20%)
AED 564,000
Deposit, non-resident (40%)
AED 1,128,000
Monthly over 25 years at 3.7%
AED 11,537

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