602, Marina View Towers B
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.
Property timeline for 602, Marina View Towers B
What is 602 worth today?
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Source: Dubai Land Department. Updated 20 May 2021.
Key facts
- Type
- Studio apartment
- Size
- 437 sqft
- Floor
- 6th of 11
- Parking
- B3/116
- Developer
- New City Developers
- Completed
- 2007
- Service charge
- AED 7,300 /yr
- Last sold
- AED 437K · February 2009
- Building
- Marina View Towers B
About 602, Marina View Towers B
602 is a studio of 437 sqft on the 6th 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 437,230, or AED 999 per sqft, in line with the AED 999 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 20 May 2021, is AED 43,000 a year: a gross yield of 9.8% on the 2009 price, before the service charge of about AED 7,300 a year.
Sales and rents for 602 over time
602 has sold once; 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 602 sits
All 22 studios →602 last sold in February 2009 at AED 999 per sqft, in line with what studios in Marina View Towers B were fetching at the time (AED 999). 602's AED 43,000 is at the bottom 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 6th floor
All 101 units in Marina View Towers B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 750 sqft | AED 1.2MAED 1,200,000 · Aug 2016August 2016 | 83,333 /yr | |
| 603 | 1-bed | 614 sqft | AED 1MAED 1,000,000 · Dec 2013December 2013 | 66,150 /yr | |
| 604 | 1-bed | 778 sqft | AED 1.34MAED 1,340,000 · Jun 2015June 2015 | 91,375 /yr | |
| 605 | 1-bed | 643 sqft | AED 1.25MAED 1,250,000 · Jan 2025January 2025 | 50,000 /yr | |
| 606 | Studio | 415 sqft | AED 456KAED 456,250 · Jul 2012July 2012 | 56,000 /yr | |
| 607 | 1-bed | 766 sqft | AED 1.13MAED 1,125,000 · Oct 2024October 2024 | 110,000 /yr | |
| 608 | 1-bed | 764 sqft | AED 500KAED 500,000 · Sep 2011September 2011 | 90,000 /yr | |
| 609 | Studio | 417 sqft | AED 750KAED 750,000 · Apr 2023April 2023 | 78,000 /yr | |
| 610 | 1-bed | 633 sqft | AED 1.4MAED 1,395,000 · May 2024May 2024 | 93,000 /yr | |
| 611 | 1-bed | 779 sqft | AED 1.01MAED 1,010,000 · Apr 2019April 2019 | 89,587 /yr | |
| 612 | 1-bed | 613 sqft | AED 1.25MAED 1,250,000 · Jun 2024June 2024 | 85,000 /yr | |
| 613 | Studio | 433 sqft | AED 500KAED 499,809 · Mar 2010March 2010 | 65,000 /yr | |
| 614 | 1-bed | 740 sqft | AED 780KAED 780,000 · Apr 2011April 2011 | 80,000 /yr |
602, Marina View Towers B in numbers
- Sold once: by New City Developers on 10 February 2009 for AED 437,230, or AED 999 per sqft.
- Rented since October 2012 on 7 Ejari contracts, from AED 55,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2009 price is 9.8%, before a service charge of about AED 7,300 a year (AED 16.65 per sqft).
Source: Dubai Land Department. Updated 20 May 2021.
Questions about 602, Marina View Towers B
What did unit 602 last sell for?
AED 437,230 on 10 February 2009, sold by the developer: AED 999 per sqft for 437 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 43,000 a year on the contract signed on 20 May 2021. The previous contract, from October 2018, was AED 62,000; the unit has been rented since October 2012.
How big is unit 602?
437 sqft (40.6 sqm): a studio on the 6th floor of a 11-storey tower completed in 2007.
What is unit 602 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 602, Marina View Towers B
Starts from the last sale price (AED 437K, 10 February 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 437,230
- Deposit, UAE resident (20%)
- AED 87,446
- Deposit, non-resident (40%)
- AED 174,892
- Monthly over 25 years at 3.7%
- AED 1,789
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →