2-bed · 962 sqftMarina View Towers A, Dubai Marina · 9th floor · completed 2007

903, Marina View Towers A

Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 8 October 2019
Last soldAED 1.05M13 June 2019
Current rentAED 87K /yr8 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Marina View Towers A

What is 903 worth today?

Last sold for AED 1,050,000 in 2019

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8 Oct 2019RentedNew contract
AED 87,000/yr12 months · AED 91 per sqft
13 Jun 2019SoldReady
AED 1,050,000AED 1,091 per sqft
8 Oct 2018RentedRenewal
AED 87,000/yr12 months · AED 91 per sqft
8 Oct 2017RentedNew contract
AED 105,000/yr12 months · AED 110 per sqft
8 Oct 2016RentedNew contract
AED 105,000/yr12 months · AED 110 per sqft
15 Jun 2014RentedNew contract
AED 115,000/yr12 months · AED 120 per sqft
1 Nov 2013RentedNew contract
AED 80,000/yr6 months · AED 84 per sqft
1 Nov 2012RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 8 October 2019.

Key facts

Type
2-bed apartment
Size
962 sqft
Floor
9th of 23
Parking
B3/153
Developer
New City Developers
Completed
2007
Service charge
AED 16,000 /yr
Last sold
AED 1.05M · June 2019

About 903, Marina View Towers A

903 is a two-bedroom apartment of 962 sqft on the 9th floor of Marina View Towers A, a 23-storey tower in Dubai Marina completed in 2007 by New City Developers. It last sold on 13 June 2019 for AED 1,050,000, or AED 1,091 per sqft, in line with the AED 1,064 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 8 October 2019, is AED 87,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 16,000 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical two-bed in Marina View Towers A
500K1M1.5M2009201420192024Typical 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, April 2009: AED 645,880 (AED 671 per sqft)Sold, June 2019: AED 1,050,000 (AED 1,091 per sqft)

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

Rents
Unit 903, 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, November 2012: AED 80,000 a yearNew contract, November 2013: AED 80,000 a yearNew contract, June 2014: AED 115,000 a yearNew contract, October 2016: AED 105,000 a yearNew contract, October 2017: AED 105,000 a yearRenewal, October 2018: AED 87,000 a yearNew contract, October 2019: AED 87,000 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 903 sits

All 76 2-beds →

903 last sold in June 2019 at AED 1,091 per sqft, in line with what two-beds in Marina View Towers A were fetching at the time (AED 1,064). 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. 903's AED 87,000 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 9th floor

All 256 units in Marina View Towers A
Value
9011-bedAED 552K · Apr 2010
902StudioAED 950K · Jun 2024
9042-bedAED 1.07M · Mar 2022
905StudioAED 820K · May 2024
9061-bedAED 760K · Dec 2018
9071-bedAED 665K · Jan 2011
908StudioAED 357K · Feb 2010
1–7 of 11

903, Marina View Towers A in numbers

  • Sold twice: first on 13 April 2009 for AED 645,880, last on 13 June 2019 for AED 1,050,000 (AED 1,091 per sqft).
  • Rented since November 2012 on 7 Ejari contracts, from AED 80,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2019 price is 8.3%, 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 8 October 2019.

Questions about 903, Marina View Towers A

What did unit 903 last sell for?

AED 1,050,000 on 13 June 2019: AED 1,091 per sqft for 962 sqft. The unit has 2 registered sales; the first was AED 645,880 in April 2009.

What is the rent for unit 903?

AED 87,000 a year on the contract signed on 8 October 2019. The previous contract, from October 2018, was AED 87,000; the unit has been rented since November 2012.

How big is unit 903?

962 sqft (89.4 sqm): a two-bedroom apartment on the 9th floor of a 23-storey tower completed in 2007.

What is unit 903 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 903, Marina View Towers A

Starts from the last sale price (AED 1.05M, 13 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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