
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.
Property timeline for 1008, Marina View Towers B
What is 1008 worth today?
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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
- Building
- Marina View Towers B
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
1008 has sold twice; the dashed line is the studio median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Apr 202319 April 2023 | 417 sqft | 750,000 | 1,797 | ||
| 28 Mar 202328 March 2023 | 446 sqft | 600,000 | 1,344 | ||
| 28 Mar 202328 March 2023 | 460 sqft | 600,000 | 1,305 | ||
| 14 Jan 202214 January 2022 | 417 sqft | 680,000 | 1,629 |
Marina View Towers B
Building101 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%
Other units on the 10th floor
All 101 units in Marina View Towers B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 739 sqft | AED 664KAED 663,686 · Feb 2009February 2009 | 70,000 /yr | |
| 1002 | Studio | 446 sqft | AED 422KAED 421,856 · Feb 2009February 2009 | 56,000 /yr | |
| 1003 | 2-bed | 1,029 sqft | AED 1.23MAED 1,230,000 · Jun 2021June 2021 | 100,000 /yr | |
| 1004 | 2-bed | 1,030 sqft | AED 1.6MAED 1,600,000 · Apr 2025April 2025 | 125,000 /yr | |
| 1005 | Studio | 425 sqft | AED 810KAED 810,000 · Mar 2015March 2015 | 60,000 /yr | |
| 1006 | 1-bed | 756 sqft | AED 930KAED 930,000 · Jul 2023July 2023 | 95,000 /yr | |
| 1007 | 1-bed | 755 sqft | AED 884KAED 884,295 · Feb 2010February 2010 | 65,000 /yr | |
| 1009 | 2-bed | 1,028 sqft | AED 1.52MAED 1,520,000 · Jan 2026January 2026 | 95,000 /yr | |
| 1010 | 2-bed | 1,027 sqft | AED 1.18MAED 1,175,000 · Nov 2020November 2020 | 97,382 /yr | |
| 1011 | Studio | 460 sqft | AED 403KAED 403,363 · Nov 2012November 2012 | 50,000 /yr | |
| 1012 | 1-bed | 739 sqft | AED 780KAED 780,091 · Dec 2012December 2012 |
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 →