1-bed · 778 sqftMarina View Towers B, Dubai Marina · 7th floor · completed 2007

704, Marina View Towers B

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 1.3M24 May 2024
Current rentAED 80K /yr6 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Marina View Towers B

What is 704 worth today?

Last sold for AED 1,300,000 in 2024

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6 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 103 per sqft
6 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 103 per sqft
24 May 2024SoldReady
AED 1,300,000AED 1,670 per sqft
25 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
1 Dec 2020RentedRenewal
AED 65,000/yr12 months · AED 84 per sqft
1 Dec 2019RentedRenewal
AED 90,000/yr12 months · AED 116 per sqft
1 Dec 2018RentedRenewal
AED 100,000/yr12 months · AED 129 per sqft
1 Dec 2017RentedNew contract
AED 100,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 6 December 2024.

Key facts

Type
1-bed apartment
Size
778 sqft
Floor
7th of 11
Parking
B2/117
Developer
New City Developers
Completed
2007
Service charge
AED 13,000 /yr
Last sold
AED 1.3M · May 2024

About 704, Marina View Towers B

704 is a one-bedroom apartment of 778 sqft on the 7th 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 May 2024 for AED 1,300,000, or AED 1,670 per sqft, 19% above the AED 1,408 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 6 December 2024, is AED 80,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 13,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Marina View Towers B
1M1.5M2009201420192024Typical sale price by year: 2009 AED 715,719; 2010 AED 709,000; 2011 AED 765,000; 2012 AED 739,700; 2013 AED 1,025,000; 2014 AED 1,280,000; 2015 AED 1,340,000; 2016 AED 1,140,000; 2022 AED 987,200; 2023 AED 930,000; 2024 AED 1,250,000; 2025 AED 1,500,000Sold by developer, March 2009: AED 834,655 (AED 1,072 per sqft)Sold, August 2013: AED 1,150,000 (AED 1,477 per sqft)Sold, December 2013: AED 1,325,000 (AED 1,702 per sqft)Sold, May 2024: AED 1,300,000 (AED 1,670 per sqft)

704 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Marina View Towers B
50K75K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 77,000; 2014 AED 88,000; 2015 AED 98,500; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 82,000; 2019 AED 70,000; 2020 AED 58,000; 2021 AED 55,000; 2022 AED 65,500; 2023 AED 76,250; 2024 AED 85,000; 2025 AED 95,000; 2026 AED 85,000New contract, December 2014: AED 110,000 a yearRenewal, December 2015: AED 110,000 a yearRenewal, December 2016: AED 110,000 a yearNew contract, December 2017: AED 100,000 a yearRenewal, December 2018: AED 100,000 a yearRenewal, December 2019: AED 90,000 a yearRenewal, December 2020: AED 65,000 a yearNew contract, December 2021: AED 75,000 a yearNew contract, December 2024: AED 80,000 a yearNew contract, December 2024: AED 80,000 a year

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

1-beds in Marina View Towers B, and where 704 sits

All 50 1-beds →

704 last sold in May 2024 at AED 1,670 per sqft, 19% above what one-beds in Marina View Towers B were fetching at the time (AED 1,408). Over the last 12 months one-beds sold for AED 1,500,000 to 1,575,000, around AED 2,444 per sqft, and rent for AED 58,000 to 137,500 a year. 704's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 20261,575,000
17 Jul 20261,530,000
27 Nov 20251,500,000
24 Oct 20251,350,000
3 1-bed 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 7th floor

All 101 units in Marina View Towers B
Value
7011-bedAED 1.67M · Feb 2014
702StudioAED 800K · Feb 2018
7031-bedAED 565K · Mar 2009
7051-bedAED 1.41M · Jul 2025
706StudioAED 700K · Jul 2018
7071-bedAED 987K · Dec 2022
7081-bedAED 709K · Apr 2010
1–7 of 13

704, Marina View Towers B in numbers

  • Sold 4 times: first on 25 March 2009 for AED 834,655, last on 24 May 2024 for AED 1,300,000 (AED 1,670 per sqft).
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 80,000 by December 2024.
  • At AED 80,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 13,000 a year (AED 16.65 per sqft).
  • One-beds in Marina View Towers B sold for AED 1,500,000–1,575,000 in the 12 months to November 2026; the building's median across all types is AED 2,288 per sqft.

Source: Dubai Land Department. Updated 6 December 2024.

Questions about 704, Marina View Towers B

What did unit 704 last sell for?

AED 1,300,000 on 24 May 2024: AED 1,670 per sqft for 778 sqft. The unit has 4 registered sales; the first was AED 834,655 in March 2009.

What is the rent for unit 704?

AED 80,000 a year on the contract signed on 6 December 2024. The previous contract, from December 2024, was AED 80,000; the unit has been rented since December 2014.

How big is unit 704?

778 sqft (72.3 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina View Towers B sold for AED 1,500,000 to 1,575,000 in the last 12 months, around AED 2,444 per sqft.

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Mortgage on 704, Marina View Towers B

Starts from the last sale price (AED 1.3M, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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