2-bed · 964 sqftMarina View Towers A, Dubai Marina · 12th floor · completed 2007

1209, Marina View Towers A

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 28 November 2016
Last soldAED 795K11 February 2009
Current rentAED 107K /yr28 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Marina View Towers A

What is 1209 worth today?

Last sold for AED 795,234 in 2009

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28 Nov 2016RentedNew contract
AED 107,000/yr12 months · AED 111 per sqft
10 Sep 2015RentedRenewal
AED 133,100/yr12 months · AED 138 per sqft
10 Sep 2014RentedRenewal
AED 121,000/yr12 months · AED 126 per sqft
10 Sep 2013RentedNew contract
AED 110,000/yr12 months · AED 114 per sqft
22 Aug 2012RentedNew contract
AED 93,000/yr12 months · AED 96 per sqft
11 Feb 2009Sold by developerReady
AED 795,234AED 825 per sqft

Source: Dubai Land Department. Updated 28 November 2016.

Key facts

Type
2-bed apartment
Size
964 sqft
Floor
12th of 23
Parking
B1/97
Developer
New City Developers
Completed
2007
Service charge
AED 16,000 /yr
Last sold
AED 795K · February 2009

About 1209, Marina View Towers A

1209 is a two-bedroom apartment of 964 sqft on the 12th 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 11 February 2009 for AED 795,234, or AED 825 per sqft, 5% above the AED 783 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 28 November 2016, is AED 107,000 a year: a gross yield of 13.5% on the 2009 price, before the service charge of about AED 16,000 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, 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, February 2009: AED 795,234 (AED 825 per sqft)

1209 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1209, 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, August 2012: AED 93,000 a yearNew contract, September 2013: AED 110,000 a yearRenewal, September 2014: AED 121,000 a yearRenewal, September 2015: AED 133,100 a yearNew contract, November 2016: AED 107,000 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 1209 sits

All 76 2-beds →

1209 last sold in February 2009 at AED 825 per sqft, 5% above what two-beds in Marina View Towers A were fetching at the time (AED 783). 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. 1209's AED 107,000 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 12th floor

All 256 units in Marina View Towers A
Value
12011-bedAED 601K · Feb 2009
1202StudioAED 575K · Mar 2020
12032-bedAED 709K · Feb 2009
12042-bedAED 707K · Feb 2009
1205StudioAED 355K · Jun 2010
12061-bedAED 1.1M · Jul 2015
12071-bedAED 981K · Dec 2022
1–7 of 11

1209, Marina View Towers A in numbers

  • Sold once: by New City Developers on 11 February 2009 for AED 795,234, or AED 825 per sqft.
  • Rented since August 2012 on 5 Ejari contracts, from AED 93,000 to AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2009 price is 13.5%, 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 28 November 2016.

Questions about 1209, Marina View Towers A

What did unit 1209 last sell for?

AED 795,234 on 11 February 2009, sold by the developer: AED 825 per sqft for 964 sqft. It is the only registered sale of the unit.

What is the rent for unit 1209?

AED 107,000 a year on the contract signed on 28 November 2016. The previous contract, from September 2015, was AED 133,100; the unit has been rented since August 2012.

How big is unit 1209?

964 sqft (89.6 sqm): a two-bedroom apartment on the 12th floor of a 23-storey tower completed in 2007.

What is unit 1209 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 1209, Marina View Towers A

Starts from the last sale price (AED 795K, 11 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 795,234
Deposit, UAE resident (20%)
AED 159,047
Deposit, non-resident (40%)
AED 318,094
Monthly over 25 years at 3.7%
AED 3,254

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