2-bed · 1,416 sqftMarina Wharf Tower 1, Dubai Marina · 11th floor · completed 2010

1102, Marina Wharf Tower 1

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 6 June 2022
Last soldAED 1.35M6 June 2022
Current rentAED 120K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Marina Wharf Tower 1

What is 1102 worth today?

Last sold for AED 1,350,000 in 2022

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6 Jun 2022SoldReady
AED 1,350,000AED 953 per sqft
19 Mar 2019SoldReady
AED 1,500,000AED 1,059 per sqft
1 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
1 Jun 2017SoldReady
AED 1,330,000AED 939 per sqft
1 Jul 2016RentedRenewal
AED 82,000/yr12 months · AED 58 per sqft
1 Jul 2015RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
1 Jul 2014RentedNew contract
AED 82,000/yr12 months · AED 58 per sqft
1 Jul 2013RentedNew contract
AED 77,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 6 June 2022.

Key facts

Type
2-bed apartment
Size
1,416 sqft
Floor
11th of 27
Parking
B-43
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 25,200 /yr
Last sold
AED 1.35M · June 2022

About 1102, Marina Wharf Tower 1

1102 is a two-bedroom apartment of 1,416 sqft on the 11th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 6 June 2022 for AED 1,350,000, or AED 953 per sqft, 9% below the AED 1,051 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 July 2017, is AED 120,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 25,200 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical two-bed in Marina Wharf Tower 1
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,206,900; 2011 AED 1,240,000; 2012 AED 1,244,150; 2013 AED 1,266,175; 2014 AED 1,700,000; 2015 AED 1,246,000; 2016 AED 1,325,000; 2017 AED 1,440,000; 2018 AED 1,092,000; 2019 AED 1,172,025; 2020 AED 1,000,000; 2021 AED 1,125,000; 2022 AED 1,300,000; 2023 AED 1,460,000; 2024 AED 1,975,000; 2025 AED 1,759,867; 2026 AED 1,950,000Sold by developer, June 2013: AED 1,939,448 (AED 1,369 per sqft)Sold, June 2017: AED 1,330,000 (AED 939 per sqft)Sold, March 2019: AED 1,500,000 (AED 1,059 per sqft)Sold, June 2022: AED 1,350,000 (AED 953 per sqft)

1102 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, each contractTypical two-bed in Marina Wharf Tower 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 79,900; 2023 AED 98,668; 2024 AED 106,263; 2025 AED 116,500; 2026 AED 112,015New contract, July 2013: AED 77,000 a yearNew contract, July 2014: AED 82,000 a yearRenewal, July 2015: AED 110,000 a yearRenewal, July 2016: AED 82,000 a yearNew contract, July 2017: AED 120,000 a year

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

2-beds in Marina Wharf Tower 1, and where 1102 sits

All 72 2-beds →

1102 last sold in June 2022 at AED 953 per sqft, 9% below what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,051). Over the last 12 months two-beds sold for AED 1,473,807 to 2,700,000, around AED 1,498 per sqft, and rent for AED 75,166 to 350,000 a year. 1102's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,473,807
15 Jul 20261,800,000
30 Apr 20262,700,000
25 Mar 20262,100,000
4 2-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 11th floor

All 135 units in Marina Wharf Tower 1
Value
11012-bedAED 1.3M · Mar 2022
11031-bedAED 905K · Sep 2012
11041-bedAED 1.17M · Jan 2023
11052-bedAED 1.87M · Nov 2016
11062-bedAED 2M · Jun 2024

1102, Marina Wharf Tower 1 in numbers

  • Sold 4 times: first on 9 June 2013 for AED 1,939,448, last on 6 June 2022 for AED 1,350,000 (AED 953 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 77,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 25,200 a year (AED 17.79 per sqft).
  • Two-beds in Marina Wharf Tower 1 sold for AED 1,473,807–2,700,000 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 6 June 2022.

Questions about 1102, Marina Wharf Tower 1

What did unit 1102 last sell for?

AED 1,350,000 on 6 June 2022: AED 953 per sqft for 1,416 sqft. The unit has 4 registered sales; the first was AED 1,939,448 in June 2013.

What is the rent for unit 1102?

AED 120,000 a year on the contract signed on 1 July 2017. The previous contract, from July 2016, was AED 82,000; the unit has been rented since July 2013.

How big is unit 1102?

1,416 sqft (131.6 sqm): a two-bedroom apartment on the 11th floor of a 27-storey tower completed in 2010.

What is unit 1102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Wharf Tower 1 sold for AED 1,473,807 to 2,700,000 in the last 12 months, around AED 1,498 per sqft.

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Mortgage on 1102, Marina Wharf Tower 1

Starts from the last sale price (AED 1.35M, 6 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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