2-bed · 962 sqftMarina View Towers A, Dubai Marina · 11th floor · completed 2007

1103, Marina View Towers A

Sold prices and rental history: sold once, by the developer in September 2010, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 10 January 2017
Last soldAED 814K21 September 2010
Current rentAED 115K /yr10 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Marina View Towers A

What is 1103 worth today?

Last sold for AED 814,173 in 2010

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10 Jan 2017RentedRenewal
AED 115,000/yr12 months · AED 120 per sqft
10 Jan 2016RentedNew contract
AED 120,750/yr12 months · AED 126 per sqft
14 Oct 2013RentedNew contract
AED 105,000/yr12 months · AED 110 per sqft
21 Sep 2010Sold by developerReady
AED 814,173AED 846 per sqft

Source: Dubai Land Department. Updated 10 January 2017.

Key facts

Type
2-bed apartment
Size
962 sqft
Floor
11th of 23
Parking
B1/91
Developer
New City Developers
Completed
2007
Service charge
AED 16,000 /yr
Last sold
AED 814K · September 2010

About 1103, Marina View Towers A

1103 is a two-bedroom apartment of 962 sqft on the 11th floor of Marina View Towers A, a 23-storey tower in Dubai Marina completed in 2007 by New City Developers. The developer sold it on 21 September 2010 for AED 814,173, or AED 846 per sqft, 4% above the AED 812 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 10 January 2017, is AED 115,000 a year: a gross yield of 14.1% on the 2010 price, before the service charge of about AED 16,000 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical two-bed in Marina View Towers A
1M1.5M2009201420192024Typical sale price by year: 2009 AED 804,930; 2010 AED 814,099; 2011 AED 1,012,205; 2012 AED 939,458; 2013 AED 1,250,000; 2014 AED 1,250,000; 2015 AED 1,250,000; 2016 AED 1,315,000; 2018 AED 1,200,000; 2021 AED 810,000; 2022 AED 1,070,000; 2023 AED 1,250,359; 2024 AED 1,525,000; 2025 AED 1,650,000; 2026 AED 1,500,000Sold by developer, September 2010: AED 814,173 (AED 846 per sqft)

1103 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, each contractTypical two-bed in Marina View Towers A
50K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 95,000; 2014 AED 114,500; 2015 AED 117,000; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 76,500; 2020 AED 66,000; 2021 AED 60,000; 2022 AED 74,500; 2023 AED 89,000; 2024 AED 104,000; 2025 AED 115,000; 2026 AED 100,000New contract, October 2013: AED 105,000 a yearNew contract, January 2016: AED 120,750 a yearRenewal, January 2017: AED 115,000 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 View Towers A, and where 1103 sits

All 76 2-beds →

1103 last sold in September 2010 at AED 846 per sqft, 4% above what two-beds in Marina View Towers A were fetching at the time (AED 812). Over the last 12 months two-beds sold for AED 1,370,552 to 2,050,000, around AED 1,500 per sqft, and rent for AED 80,000 to 216,667 a year. 1103's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,650,000
2 Oct 20261,500,000
5 Aug 202629,867
9 Apr 20261,370,552
6 2-bed sales in the last 12 months

Marina View Towers A

Building

256 apartments, studios to 4-bed over 23 floors in Dubai Marina, completed in 2007 by New City Developers. 15 sold in the last 12 months.

Typical price per sqft
AED 1,573 Down 8.7%
Typical sale
AED 1.3M
Typical rent
AED 80K /yr
Typical yield
7.3%
Marina View Towers A, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 256 units in Marina View Towers A
Value
11011-bedAED 1.05M · Jun 2022
1102StudioAED 315K · Feb 2009
11042-bedAED 1.05M · Mar 2018
1105StudioAED 445K · Jun 2021
11061-bedAED 1.07M · Nov 2013
11071-bedAED 224K · Jan 2018
1108StudioAED 311K · Feb 2009
1–7 of 11

1103, Marina View Towers A in numbers

  • Sold once: by New City Developers on 21 September 2010 for AED 814,173, or AED 846 per sqft.
  • Rented since October 2013 on 3 Ejari contracts, from AED 105,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2010 price is 14.1%, before a service charge of about AED 16,000 a year (AED 16.65 per sqft).
  • Two-beds in Marina View Towers A sold for AED 1,370,552–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,573 per sqft.

Source: Dubai Land Department. Updated 10 January 2017.

Questions about 1103, Marina View Towers A

What did unit 1103 last sell for?

AED 814,173 on 21 September 2010, sold by the developer: AED 846 per sqft for 962 sqft. It is the only registered sale of the unit.

What is the rent for unit 1103?

AED 115,000 a year on the contract renewed on 10 January 2017. The previous contract, from January 2016, was AED 120,750; the unit has been rented since October 2013.

How big is unit 1103?

962 sqft (89.4 sqm): a two-bedroom apartment on the 11th floor of a 23-storey tower completed in 2007.

What is unit 1103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina View Towers A sold for AED 1,370,552 to 2,050,000 in the last 12 months, around AED 1,500 per sqft.

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Mortgage on 1103, Marina View Towers A

Starts from the last sale price (AED 814K, 21 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 814,173
Deposit, UAE resident (20%)
AED 162,835
Deposit, non-resident (40%)
AED 325,669
Monthly over 25 years at 3.7%
AED 3,331

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