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Studio · 446 sqftMarina View Towers B, Dubai Marina · 10th floor · completed 2007

1002, Marina View Towers B

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 11 March 2022
Last soldAED 422K10 February 2009
Current rentAED 56K /yr11 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Marina View Towers B

What is 1002 worth today?

Last sold for AED 421,856 in 2009

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11 Mar 2022RentedNew contract
AED 56,000/yr12 months · AED 127 per sqft
1 Jan 2021RentedNew contract
AED 43,882/yr12 months · AED 99 per sqft
19 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
1 May 2014RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
27 Apr 2013RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
10 Feb 2009Sold by developerReady
AED 421,856AED 945 per sqft

Source: Dubai Land Department. Updated 11 March 2022.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
10th of 11
Parking
B3/100
Developer
New City Developers
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 422K · February 2009
Building
Marina View Towers B

About 1002, Marina View Towers B

1002 is a studio of 446 sqft on the 10th floor of Marina View Towers B, a 11-storey tower in Dubai Marina completed in 2007 by New City Developers. The developer sold it on 10 February 2009 for AED 421,856, or AED 945 per sqft, 5% below the AED 999 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 11 March 2022, is AED 56,000 a year: a gross yield of 13.3% on the 2009 price, before the service charge of about AED 7,400 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical studio in Marina View Towers B
400K600K800K2009201320172021Typical sale price by year: 2009 AED 491,000; 2010 AED 435,615; 2011 AED 489,828; 2012 AED 456,250; 2013 AED 800,000; 2018 AED 740,748; 2023 AED 600,000Sold by developer, February 2009: AED 421,856 (AED 945 per sqft)

1002 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1002, each contractTypical studio in Marina View Towers B
40K60K80K2013201720212025Typical rent by year: 2013 AED 60,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 67,500; 2018 AED 61,000; 2019 AED 54,000; 2020 AED 40,000; 2021 AED 41,000; 2022 AED 43,500; 2023 AED 55,000; 2024 AED 59,335; 2025 AED 64,000; 2026 AED 62,000New contract, April 2013: AED 55,000 a yearNew contract, May 2014: AED 80,000 a yearNew contract, April 2019: AED 60,000 a yearNew contract, January 2021: AED 43,882 a yearNew contract, March 2022: AED 56,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Marina View Towers B, and where 1002 sits

All 22 studios →

1002 last sold in February 2009 at AED 945 per sqft, 5% below what studios in Marina View Towers B were fetching at the time (AED 999). 1002's AED 56,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Apr 2023750,000
28 Mar 2023600,000
28 Mar 2023600,000
14 Jan 2022680,000
0 studio sales in the last 12 months

Marina View Towers B

Building

101 apartments, studios to 4-bed over 11 floors in Dubai Marina, completed in 2007 by New City Developers. 4 sold in the last 12 months.

Typical price per sqft
AED 2,288
Typical sale
AED 1.53M
Typical rent
AED 90K /yr
Typical yield
4.9%
Marina View Towers B, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 101 units in Marina View Towers B
Value
10011-bedAED 664K · Feb 2009
10032-bedAED 1.23M · Jun 2021
10042-bedAED 1.6M · Apr 2025
1005StudioAED 810K · Mar 2015
10061-bedAED 930K · Jul 2023
10071-bedAED 884K · Feb 2010
1008StudioAED 701K · Jul 2018
1–7 of 11

1002, Marina View Towers B in numbers

  • Sold once: by New City Developers on 10 February 2009 for AED 421,856, or AED 945 per sqft.
  • Rented since April 2013 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 43,882 in 2021 and recovered to AED 56,000 by March 2022.
  • At AED 56,000 a year the gross yield on the 2009 price is 13.3%, before a service charge of about AED 7,400 a year (AED 16.65 per sqft).

Source: Dubai Land Department. Updated 11 March 2022.

Questions about 1002, Marina View Towers B

What did unit 1002 last sell for?

AED 421,856 on 10 February 2009, sold by the developer: AED 945 per sqft for 446 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 56,000 a year on the contract signed on 11 March 2022. The previous contract, from January 2021, was AED 43,882; the unit has been rented since April 2013.

How big is unit 1002?

446 sqft (41.4 sqm): a studio on the 10th floor of a 11-storey tower completed in 2007.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1002, Marina View Towers B

Starts from the last sale price (AED 422K, 10 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 421,856
Deposit, UAE resident (20%)
AED 84,371
Deposit, non-resident (40%)
AED 168,742
Monthly over 25 years at 3.7%
AED 1,726

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