Studio · 437 sqftMarina View Towers B, Dubai Marina · 8th floor · completed 2007

802, Marina View Towers B

Sold prices and rental history: sold once, by the developer in February 2009, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 1 November 2018
Last soldAED 475K10 February 2009
Current rentAED 65K /yr1 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Marina View Towers B

What is 802 worth today?

Last sold for AED 475,000 in 2009

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1 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 147 per sqft
20 May 2017RentedNew contract
AED 74,000/yr12 months · AED 168 per sqft
1 Jun 2015RentedNew contract
AED 78,000/yr12 months · AED 177 per sqft
10 Feb 2009Sold by developerReady
AED 475,000AED 1,086 per sqft

Source: Dubai Land Department. Updated 1 November 2018.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
8th of 11
Parking
B3/108
Developer
New City Developers
Completed
2007
Service charge
AED 7,300 /yr
Last sold
AED 475K · February 2009

About 802, Marina View Towers B

802 is a studio of 437 sqft on the 8th 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 475,000, or AED 1,086 per sqft, 9% above the AED 999 studios in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 November 2018, is AED 65,000 a year: a gross yield of 13.7% on the 2009 price, before the service charge of about AED 7,300 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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 475,000 (AED 1,086 per sqft)

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

Rents
Unit 802, 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, June 2015: AED 78,000 a yearNew contract, May 2017: AED 74,000 a yearNew contract, November 2018: 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 802 sits

All 22 studios →

802 last sold in February 2009 at AED 1,086 per sqft, 9% above what studios in Marina View Towers B were fetching at the time (AED 999). 802'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 8th floor

All 101 units in Marina View Towers B
Value
8011-bedAED 850K · Jun 2021
8031-bedAED 1.5M · Nov 2025
8041-bedAED 750K · Oct 2009
8051-bedAED 1.25M · Feb 2015
806StudioAED 510K · May 2011
8071-bedAED 1.14M · Mar 2023
8081-bedAED 690K · Jun 2010
1–7 of 13

802, Marina View Towers B in numbers

  • Sold once: by New City Developers on 10 February 2009 for AED 475,000, or AED 1,086 per sqft.
  • Rented since June 2015 on 3 Ejari contracts, from AED 78,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2009 price is 13.7%, before a service charge of about AED 7,300 a year (AED 16.65 per sqft).

Source: Dubai Land Department. Updated 1 November 2018.

Questions about 802, Marina View Towers B

What did unit 802 last sell for?

AED 475,000 on 10 February 2009, sold by the developer: AED 1,086 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 65,000 a year on the contract signed on 1 November 2018. The previous contract, from May 2017, was AED 74,000; the unit has been rented since June 2015.

How big is unit 802?

437 sqft (40.6 sqm): a studio on the 8th floor of a 11-storey tower completed in 2007.

What is unit 802 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 802, Marina View Towers B

Starts from the last sale price (AED 475K, 10 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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