Studio · 426 sqftMarina View Towers B, Dubai Marina · 10th floor · completed 2007

1008, Marina View Towers B

Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 3 December 2019
Last soldAED 701K24 July 2018
Current rentAED 52K /yr3 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Marina View Towers B

What is 1008 worth today?

Last sold for AED 701,495 in 2018

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3 Dec 2019RentedRenewal
AED 52,000/yr12 months · AED 121 per sqft
3 Dec 2018RentedNew contract
AED 56,000/yr12 months · AED 130 per sqft
24 Jul 2018SoldReady
AED 701,495AED 1,646 per sqft
3 Jun 2018RentedRenewal
AED 62,000/yr6 months · AED 144 per sqft
3 Dec 2017RentedNew contract
AED 64,000/yr6 months · AED 149 per sqft
1 Nov 2014RentedNew contract
AED 75,000/yr12 months · AED 174 per sqft
28 Oct 2013RentedNew contract
AED 63,000/yr12 months · AED 146 per sqft
10 Mar 2009Sold by developerReady
AED 900,000AED 2,112 per sqft

Source: Dubai Land Department. Updated 3 December 2019.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
10th of 11
Parking
B2/147
Developer
New City Developers
Completed
2007
Service charge
AED 7,100 /yr
Last sold
AED 701K · July 2018

About 1008, Marina View Towers B

1008 is a studio of 426 sqft on the 10th floor of Marina View Towers B, a 11-storey tower in Dubai Marina completed in 2007 by New City Developers. It last sold on 24 July 2018 for AED 701,495, or AED 1,646 per sqft, 10% below the AED 1,829 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 3 December 2019, is AED 52,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Marina View Towers B
500K750K2009201320172021Typical 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, March 2009: AED 900,000 (AED 2,112 per sqft)Sold, July 2018: AED 701,495 (AED 1,646 per sqft)

1008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, 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, October 2013: AED 63,000 a yearNew contract, November 2014: AED 75,000 a yearNew contract, December 2017: AED 64,000 a yearRenewal, June 2018: AED 62,000 a yearNew contract, December 2018: AED 56,000 a yearRenewal, December 2019: AED 52,000 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 1008 sits

All 22 studios →

1008 last sold in July 2018 at AED 1,646 per sqft, 10% below what studios in Marina View Towers B were fetching at the time (AED 1,829). 1008's AED 52,000 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
1002StudioAED 422K · 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
1–7 of 11

1008, Marina View Towers B in numbers

  • Sold twice: first on 10 March 2009 for AED 900,000, last on 24 July 2018 for AED 701,495 (AED 1,646 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 63,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 7,100 a year (AED 16.65 per sqft).

Source: Dubai Land Department. Updated 3 December 2019.

Questions about 1008, Marina View Towers B

What did unit 1008 last sell for?

AED 701,495 on 24 July 2018: AED 1,646 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 900,000 in March 2009.

What is the rent for unit 1008?

AED 52,000 a year on the contract renewed on 3 December 2019. The previous contract, from December 2018, was AED 56,000; the unit has been rented since October 2013.

How big is unit 1008?

426 sqft (39.6 sqm): a studio on the 10th floor of a 11-storey tower completed in 2007.

What is unit 1008 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 1008, Marina View Towers B

Starts from the last sale price (AED 701K, 24 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 701,495
Deposit, UAE resident (20%)
AED 140,299
Deposit, non-resident (40%)
AED 280,598
Monthly over 25 years at 3.7%
AED 2,870

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