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1-bed · 761 sqftMarina Tower, Dubai Marina · 8th floor · completed 2006

802, Marina Tower

Sold prices and rental history: sold 3 times, last in April 2016, and rented once, from February 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 10 April 2016
Last soldAED 1.5M10 April 2016
Current rentAED 95K /yr1 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 802, Marina Tower

What is 802 worth today?

Last sold for AED 1,500,000 in 2016

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10 Apr 2016SoldReady
AED 1,500,000AED 1,970 per sqft
29 May 2014SoldReady
AED 1,530,000AED 2,009 per sqft
1 Feb 2014RentedNew contract
AED 95,000/yr12 months · AED 124 per sqft
1 Oct 2013Sold by developerReady
AED 1,280,000AED 1,681 per sqft

Source: Dubai Land Department. Updated 10 April 2016.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
8th of 32
Parking
P1-035
Developer
Select Global Development
Completed
2006
Service charge
AED 12,900 /yr
Last sold
AED 1.5M · April 2016
Building
Marina Tower

About 802, Marina Tower

802 is a one-bedroom apartment of 761 sqft on the 8th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 10 April 2016 for AED 1,500,000, or AED 1,970 per sqft.

One Ejari contract is registered, from 1 February 2014. The current contract, signed on 1 February 2014, is AED 95,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 12,900 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, October 2013: AED 1,280,000 (AED 1,681 per sqft)Sold, May 2014: AED 1,530,000 (AED 2,009 per sqft)Sold, April 2016: AED 1,500,000 (AED 1,970 per sqft)

802 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 802, each contractTypical one-bed in Marina Tower
75K100K2012201620202024Typical 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, February 2014: AED 95,000 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 802 sits

All 51 1-beds →

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. 802's AED 95,000 is in the lower half 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 8th floor

All 197 units in Marina Tower
Value
8013-bedAED 2.7M · Aug 2018
8031-bedAED 1.42M · Oct 2013
8042-bedAED 1.97M · Oct 2013
8052-bedAED 2.15M · Oct 2013
8063-bedAED 2.81M · Oct 2013
8073-bedAED 3.06M · Oct 2013

802, Marina Tower in numbers

  • Sold 3 times: first on 1 October 2013 for AED 1,280,000, last on 10 April 2016 for AED 1,500,000 (AED 1,970 per sqft).
  • Rented since February 2014 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 12,900 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 10 April 2016.

Questions about 802, Marina Tower

What did unit 802 last sell for?

AED 1,500,000 on 10 April 2016: AED 1,970 per sqft for 761 sqft. The unit has 3 registered sales; the first was AED 1,280,000 in October 2013.

What is the rent for unit 802?

AED 95,000 a year on the contract signed on 1 February 2014.

How big is unit 802?

761 sqft (70.7 sqm): a one-bedroom apartment on the 8th floor of a 32-storey tower completed in 2006.

What is unit 802 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 802, Marina Tower

Starts from the last sale price (AED 1.5M, 10 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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