Studio · 433 sqftMarina View Towers B, Dubai Marina · 7th floor · completed 2007

713, Marina View Towers B

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 713 · DLD and Ejari recordsUpdated 15 August 2021
Last soldAED 481K17 February 2009
Current rentAED 40K /yr15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 713, Marina View Towers B

What is 713 worth today?

Last sold for AED 480,988 in 2009

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15 Aug 2021RentedRenewal
AED 40,000/yr12 months · AED 93 per sqft
15 Aug 2020RentedRenewal
AED 45,000/yr12 months · AED 105 per sqft
15 Aug 2019RentedRenewal
AED 50,000/yr12 months · AED 116 per sqft
15 Aug 2018RentedNew contract
AED 56,500/yr12 months · AED 131 per sqft
18 Jul 2017RentedNew contract
AED 63,000/yr12 months · AED 146 per sqft
1 Sep 2013RentedNew contract
AED 65,000/yr12 months · AED 151 per sqft
17 Feb 2009Sold by developerReady
AED 480,988AED 1,111 per sqft

Source: Dubai Land Department. Updated 15 August 2021.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
7th of 11
Parking
B3/109
Developer
New City Developers
Completed
2007
Service charge
AED 7,200 /yr
Last sold
AED 481K · February 2009

About 713, Marina View Towers B

713 is a studio of 433 sqft on the 7th 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 17 February 2009 for AED 480,988, or AED 1,111 per sqft, 7% above the AED 1,043 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 15 August 2021, is AED 40,000 a year: a gross yield of 8.3% on the 2009 price, before the service charge of about AED 7,200 a year.

Sales and rents for 713 over time

Sales
Unit 713, 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, February 2009: AED 480,988 (AED 1,111 per sqft)

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

Rents
Unit 713, 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, September 2013: AED 65,000 a yearNew contract, July 2017: AED 63,000 a yearNew contract, August 2018: AED 56,500 a yearRenewal, August 2019: AED 50,000 a yearRenewal, August 2020: AED 45,000 a yearRenewal, August 2021: AED 40,000 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 713 sits

All 22 studios →

713 last sold in February 2009 at AED 1,111 per sqft, 7% above what studios in Marina View Towers B were fetching at the time (AED 1,043). 713's AED 40,000 is at the bottom 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 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
7041-bedAED 1.3M · May 2024
7051-bedAED 1.41M · Jul 2025
706StudioAED 700K · Jul 2018
7071-bedAED 987K · Dec 2022
1–7 of 13

713, Marina View Towers B in numbers

  • Sold once: by New City Developers on 17 February 2009 for AED 480,988, or AED 1,111 per sqft.
  • Rented since September 2013 on 6 Ejari contracts, from AED 65,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2009 price is 8.3%, before a service charge of about AED 7,200 a year (AED 16.65 per sqft).

Source: Dubai Land Department. Updated 15 August 2021.

Questions about 713, Marina View Towers B

What did unit 713 last sell for?

AED 480,988 on 17 February 2009, sold by the developer: AED 1,111 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 713?

AED 40,000 a year on the contract renewed on 15 August 2021. The previous contract, from August 2020, was AED 45,000; the unit has been rented since September 2013.

How big is unit 713?

433 sqft (40.2 sqm): a studio on the 7th floor of a 11-storey tower completed in 2007.

What is unit 713 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 713, Marina View Towers B

Starts from the last sale price (AED 481K, 17 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 480,988
Deposit, UAE resident (20%)
AED 96,198
Deposit, non-resident (40%)
AED 192,395
Monthly over 25 years at 3.7%
AED 1,968

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