1-bed · 824 sqftMarina Wharf Tower 1, Dubai Marina · 13th floor · completed 2010

1304, Marina Wharf Tower 1

Sold prices and rental history: sold 4 times, last in March 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 27 March 2017
Last soldAED 1.25M27 March 2017
Current rentAED 85K /yr1 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Marina Wharf Tower 1

What is 1304 worth today?

Last sold for AED 1,250,000 in 2017

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27 Mar 2017SoldReady
AED 1,250,000AED 1,516 per sqft
1 Jul 2015RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
16 Mar 2015SoldReady
AED 1,225,000AED 1,486 per sqft
17 Jul 2014SoldReady
AED 965,950AED 1,171 per sqft
10 Apr 2014Sold by developerReady
AED 703,800AED 853 per sqft
20 Oct 2013RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 27 March 2017.

Key facts

Type
1-bed apartment
Size
824 sqft
Floor
13th of 27
Parking
F-12
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 14,700 /yr
Last sold
AED 1.25M · March 2017

About 1304, Marina Wharf Tower 1

1304 is a one-bedroom apartment of 824 sqft on the 13th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 27 March 2017 for AED 1,250,000, or AED 1,516 per sqft, 14% above the AED 1,335 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 July 2015, is AED 85,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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, April 2014: AED 703,800 (AED 853 per sqft)Sold, July 2014: AED 965,950 (AED 1,171 per sqft)Sold, March 2015: AED 1,225,000 (AED 1,486 per sqft)Sold, March 2017: AED 1,250,000 (AED 1,516 per sqft)

1304 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1304, 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, October 2013: AED 85,000 a yearNew contract, July 2015: AED 85,000 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 1304 sits

All 33 1-beds →

1304 last sold in March 2017 at AED 1,516 per sqft, 14% above what one-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,335). 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. 1304's AED 85,000 is in the lower half 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 13th floor

All 135 units in Marina Wharf Tower 1
Value
13012-bedAED 1.23M · Aug 2014
13022-bedAED 1.7M · Mar 2014
13031-bedAED 550K · Jan 2016
13052-bedAED 1.47M · Jan 2013
13062-bedAED 1.65M · Feb 2015

1304, Marina Wharf Tower 1 in numbers

  • Sold 4 times: first on 10 April 2014 for AED 703,800, last on 27 March 2017 for AED 1,250,000 (AED 1,516 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 14,700 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 27 March 2017.

Questions about 1304, Marina Wharf Tower 1

What did unit 1304 last sell for?

AED 1,250,000 on 27 March 2017: AED 1,516 per sqft for 824 sqft. The unit has 4 registered sales; the first was AED 703,800 in April 2014.

What is the rent for unit 1304?

AED 85,000 a year on the contract signed on 1 July 2015. The previous contract, from October 2013, was AED 85,000.

How big is unit 1304?

824 sqft (76.6 sqm): a one-bedroom apartment on the 13th floor of a 27-storey tower completed in 2010.

What is unit 1304 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 1304, Marina Wharf Tower 1

Starts from the last sale price (AED 1.25M, 27 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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