Studio · 433 sqftMarina View Towers B, Dubai Marina · 6th floor · completed 2007

613, Marina View Towers B

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 500K11 March 2010
Current rentAED 65K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Marina View Towers B

What is 613 worth today?

Last sold for AED 499,809 in 2010

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15 Mar 2024RentedNew contract
AED 65,000/yr12 months · AED 151 per sqft
1 Mar 2023RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
24 Sep 2022RentedNew contract
AED 54,000/yr12 months · AED 125 per sqft
12 Sep 2021RentedNew contract
AED 46,000/yr12 months · AED 107 per sqft
1 Apr 2021RentedNew contract
AED 39,000/yr12 months · AED 91 per sqft
8 Feb 2018RentedNew contract
AED 68,000/yr12 months · AED 158 per sqft
1 Feb 2017RentedNew contract
AED 72,000/yr12 months · AED 167 per sqft
11 Mar 2010Sold by developerReady
AED 499,809AED 1,154 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
6th of 11
Parking
B3/113
Developer
New City Developers
Completed
2007
Service charge
AED 7,200 /yr
Last sold
AED 500K · March 2010

About 613, Marina View Towers B

613 is a studio of 433 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 11 March 2010 for AED 499,809, or AED 1,154 per sqft, 15% above the AED 1,003 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 15 March 2024, is AED 65,000 a year: a gross yield of 13.0% on the 2010 price, before the service charge of about AED 7,200 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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, March 2010: AED 499,809 (AED 1,154 per sqft)

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

Rents
Unit 613, 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, February 2017: AED 72,000 a yearNew contract, February 2018: AED 68,000 a yearNew contract, April 2021: AED 39,000 a yearNew contract, September 2021: AED 46,000 a yearNew contract, September 2022: AED 54,000 a yearNew contract, March 2023: AED 55,000 a yearNew contract, March 2024: AED 65,000 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 613 sits

All 22 studios →

613 last sold in March 2010 at AED 1,154 per sqft, 15% above what studios in Marina View Towers B were fetching at the time (AED 1,003). 613's AED 65,000 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 6th floor

All 101 units in Marina View Towers B
Value
6011-bedAED 1.2M · Aug 2016
602StudioAED 437K · Feb 2009
6031-bedAED 1M · Dec 2013
6041-bedAED 1.34M · Jun 2015
6051-bedAED 1.25M · Jan 2025
606StudioAED 456K · Jul 2012
6071-bedAED 1.13M · Oct 2024
1–7 of 13

613, Marina View Towers B in numbers

  • Sold once: by New City Developers on 11 March 2010 for AED 499,809, or AED 1,154 per sqft.
  • Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 39,000 in 2021 and recovered to AED 65,000 by March 2024.
  • At AED 65,000 a year the gross yield on the 2010 price is 13.0%, before a service charge of about AED 7,200 a year (AED 16.65 per sqft).

Source: Dubai Land Department. Updated 15 March 2024.

Questions about 613, Marina View Towers B

What did unit 613 last sell for?

AED 499,809 on 11 March 2010, sold by the developer: AED 1,154 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 613?

AED 65,000 a year on the contract signed on 15 March 2024. The previous contract, from March 2023, was AED 55,000; the unit has been rented since February 2017.

How big is unit 613?

433 sqft (40.2 sqm): a studio on the 6th floor of a 11-storey tower completed in 2007.

What is unit 613 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 613, Marina View Towers B

Starts from the last sale price (AED 500K, 11 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 499,809
Deposit, UAE resident (20%)
AED 99,962
Deposit, non-resident (40%)
AED 199,924
Monthly over 25 years at 3.7%
AED 2,045

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