1-bed · 959 sqftMarina Tower, Dubai Marina · 8th floor · completed 2006

803, Marina Tower

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

Unit 803 · DLD and Ejari recordsUpdated 12 September 2017
Last soldAED 1.42M2 October 2013
Current rentAED 120K /yr12 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Marina Tower

What is 803 worth today?

Last sold for AED 1,415,000 in 2013

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12 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
20 Oct 2016RentedRenewal
AED 113,500/yr12 months · AED 118 per sqft
20 Oct 2015RentedRenewal
AED 113,300/yr12 months · AED 118 per sqft
20 Oct 2014RentedNew contract
AED 110,000/yr12 months · AED 115 per sqft
2 Oct 2013Sold by developerReady
AED 1,415,000AED 1,475 per sqft

Source: Dubai Land Department. Updated 12 September 2017.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
8th of 32
Parking
P1-036
Developer
Select Global Development
Completed
2006
Service charge
AED 16,200 /yr
Last sold
AED 1.42M · October 2013
Building
Marina Tower

About 803, Marina Tower

803 is a one-bedroom apartment of 959 sqft on the 8th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 2 October 2013 for AED 1,415,000, or AED 1,475 per sqft, 4% below the AED 1,543 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 12 September 2017, is AED 120,000 a year: a gross yield of 8.5% on the 2013 price, before the service charge of about AED 16,200 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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 1,415,000 (AED 1,475 per sqft)

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

Rents
Unit 803, each contractTypical one-bed in Marina Tower
50K100K2012201620202024Typical 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, October 2014: AED 110,000 a yearRenewal, October 2015: AED 113,300 a yearRenewal, October 2016: AED 113,500 a yearNew contract, September 2017: AED 120,000 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 803 sits

All 51 1-beds →

803 last sold in October 2013 at AED 1,475 per sqft, 4% below what one-beds in Marina Tower were fetching at the time (AED 1,543). 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. 803's AED 120,000 is in the upper 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
8021-bedAED 1.5M · Apr 2016
8042-bedAED 1.97M · Oct 2013
8052-bedAED 2.15M · Oct 2013
8063-bedAED 2.81M · Oct 2013
8073-bedAED 3.06M · Oct 2013

803, Marina Tower in numbers

  • Sold once: by Select Global Development on 2 October 2013 for AED 1,415,000, or AED 1,475 per sqft.
  • Rented since October 2014 on 4 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 8.5%, 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 12 September 2017.

Questions about 803, Marina Tower

What did unit 803 last sell for?

AED 1,415,000 on 2 October 2013, sold by the developer: AED 1,475 per sqft for 959 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 120,000 a year on the contract signed on 12 September 2017. The previous contract, from October 2016, was AED 113,500; the unit has been rented since October 2014.

How big is unit 803?

959 sqft (89.1 sqm): a one-bedroom apartment on the 8th floor of a 32-storey tower completed in 2006.

What is unit 803 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 803, Marina Tower

Starts from the last sale price (AED 1.42M, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,415,000
Deposit, UAE resident (20%)
AED 283,000
Deposit, non-resident (40%)
AED 566,000
Monthly over 25 years at 3.7%
AED 5,789

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