1-bed · 823 sqftMarina Wharf Tower 1, Dubai Marina · 10th floor · completed 2010

1003, Marina Wharf Tower 1

Sold prices and rental history: sold 4 times, last in June 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 14 June 2023
Last soldAED 1.3M14 June 2023
Current rentAED 55K /yr6 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Marina Wharf Tower 1

What is 1003 worth today?

Last sold for AED 1,300,000 in 2023

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14 Jun 2023SoldReady
AED 1,300,000AED 1,580 per sqft
17 Mar 2022SoldReady
AED 830,000AED 1,009 per sqft
6 Sep 2021RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
6 Sep 2020RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
25 Feb 2014SoldReady
AED 1,400,000AED 1,701 per sqft
18 Mar 2013Sold by developerReady
AED 731,000AED 888 per sqft
1 Feb 2013RentedNew contract
AED 62,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 14 June 2023.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
10th of 27
Parking
S-47
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 14,600 /yr
Last sold
AED 1.3M · June 2023

About 1003, Marina Wharf Tower 1

1003 is a one-bedroom apartment of 823 sqft on the 10th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 14 June 2023 for AED 1,300,000, or AED 1,580 per sqft, in line with the AED 1,551 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 6 September 2021, is AED 55,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Marina Wharf Tower 1
1M1.5M2011201520192023Typical sale price by year: 2011 AED 779,875; 2012 AED 695,300; 2013 AED 726,750; 2014 AED 769,781; 2015 AED 1,155,000; 2017 AED 1,000,000; 2018 AED 800,000; 2022 AED 982,500; 2023 AED 1,255,000; 2024 AED 1,300,000; 2025 AED 1,400,000Sold by developer, March 2013: AED 731,000 (AED 888 per sqft)Sold, February 2014: AED 1,400,000 (AED 1,701 per sqft)Sold, March 2022: AED 830,000 (AED 1,009 per sqft)Sold, June 2023: AED 1,300,000 (AED 1,580 per sqft)

1003 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Marina Wharf Tower 1
60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 71,500; 2014 AED 83,250; 2015 AED 89,625; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 74,000; 2019 AED 64,500; 2020 AED 58,000; 2021 AED 50,000; 2022 AED 63,250; 2023 AED 64,400; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 85,000New contract, February 2013: AED 62,000 a yearNew contract, September 2020: AED 55,000 a yearNew contract, September 2021: AED 55,000 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 Wharf Tower 1, and where 1003 sits

All 33 1-beds →

1003 last sold in June 2023 at AED 1,580 per sqft, in line with what one-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,551). Over the last 12 months one-beds sold for AED 1,200,000 to 1,349,957, around AED 1,757 per sqft, and rent for AED 70,180 to 110,000 a year. 1003's AED 55,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,200,000
30 Dec 20251,349,957
13 Mar 20251,400,000
20 Jan 20251,650,000
2 1-bed sales in the last 12 months

Marina Wharf Tower 1

Building

135 apartments, 1-bed to 4-bed over 27 floors in Dubai Marina, completed in 2010 by Dheeraj & East Coast. 10 sold in the last 12 months.

Typical price per sqft
AED 1,503 Down 8.1%
Typical sale
AED 2.35M
Typical rent
AED 110K /yr
Typical yield
6.1%
Marina Wharf Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 135 units in Marina Wharf Tower 1
Value
10012-bedAED 1.46M · May 2023
10022-bedAED 1.24M · Feb 2012
10041-bedAED 700K · Sep 2011
10052-bedAED 1.21M · Jan 2013
10062-bedAED 1.22M · Oct 2012

1003, Marina Wharf Tower 1 in numbers

  • Sold 4 times: first on 18 March 2013 for AED 731,000, last on 14 June 2023 for AED 1,300,000 (AED 1,580 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 62,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 14,600 a year (AED 17.79 per sqft).
  • One-beds in Marina Wharf Tower 1 sold for AED 1,200,000–1,349,957 in the 12 months to November 2026; the building's median across all types is AED 1,503 per sqft.

Source: Dubai Land Department. Updated 14 June 2023.

Questions about 1003, Marina Wharf Tower 1

What did unit 1003 last sell for?

AED 1,300,000 on 14 June 2023: AED 1,580 per sqft for 823 sqft. The unit has 4 registered sales; the first was AED 731,000 in March 2013.

What is the rent for unit 1003?

AED 55,000 a year on the contract signed on 6 September 2021. The previous contract, from September 2020, was AED 55,000; the unit has been rented since February 2013.

How big is unit 1003?

823 sqft (76.5 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2010.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Wharf Tower 1 sold for AED 1,200,000 to 1,349,957 in the last 12 months, around AED 1,757 per sqft.

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Mortgage on 1003, Marina Wharf Tower 1

Starts from the last sale price (AED 1.3M, 14 June 2023). 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 →