3-bed · 1,944 sqftMarina Wharf Tower 1, Dubai Marina · 17th floor · completed 2010

1705, Marina Wharf Tower 1

Sold prices and rental history: sold once, by the developer in February 2013, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 1.56M18 February 2013
Current rentAED 123K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Marina Wharf Tower 1

What is 1705 worth today?

Last sold for AED 1,562,400 in 2013

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1 Jul 2023RentedNew contract
AED 123,333/yr36 months · AED 63 per sqft
11 Jun 2020RentedRenewal
AED 105,000/yr12 months · AED 54 per sqft
11 Jun 2019RentedNew contract
AED 119,000/yr12 months · AED 61 per sqft
18 Feb 2013Sold by developerReady
AED 1,562,400AED 803 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
3-bed apartment
Size
1,944 sqft
Floor
17th of 27
Parking
F-43
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 34,600 /yr
Last sold
AED 1.56M · February 2013

About 1705, Marina Wharf Tower 1

1705 is a three-bedroom apartment of 1,944 sqft on the 17th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. The developer sold it on 18 February 2013 for AED 1,562,400, or AED 803 per sqft, in line with the AED 822 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 July 2023, is AED 123,333 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 34,600 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, each saleTypical three-bed in Marina Wharf Tower 1
2M3M2011201520192023Typical sale price by year: 2011 AED 1,620,000; 2012 AED 1,599,600; 2013 AED 2,063,000; 2014 AED 2,475,000; 2015 AED 2,250,000; 2018 AED 2,850,000; 2022 AED 1,865,000; 2023 AED 1,925,000; 2025 AED 2,762,500Sold by developer, February 2013: AED 1,562,400 (AED 803 per sqft)

1705 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1705, each contractTypical three-bed in Marina Wharf Tower 1
100K150K2013201720212025Typical rent by year: 2013 AED 132,500; 2014 AED 150,000; 2015 AED 165,000; 2016 AED 170,000; 2017 AED 165,000; 2018 AED 142,292; 2019 AED 122,500; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 121,000; 2023 AED 144,000; 2024 AED 166,701; 2025 AED 182,500; 2026 AED 177,500New contract, June 2019: AED 119,000 a yearRenewal, June 2020: AED 105,000 a yearNew contract, July 2023: AED 123,333 a year

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

3-beds in Marina Wharf Tower 1, and where 1705 sits

All 28 3-beds →

1705 last sold in February 2013 at AED 803 per sqft, in line with what three-beds in Marina Wharf Tower 1 were fetching at the time (AED 822). Over the last 12 months three-beds sold for AED 2,600,000 to 2,900,000, around AED 1,589 per sqft, and rent for AED 120,000 to 350,000 a year. 1705's AED 123,333 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Mar 20262,900,000
17 Feb 20262,600,000
10 Dec 20252,639,690
28 Nov 20252,660,000
4 3-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 17th floor

All 135 units in Marina Wharf Tower 1
Value
17013-bedAED 1.09M · Jan 2023
17022-bedAED 1.22M · Jan 2022
17031-bedAED 800K · Jul 2018
17042-bedAED 1.15M · Nov 2011

1705, Marina Wharf Tower 1 in numbers

  • Sold once: by Dheeraj & East Coast on 18 February 2013 for AED 1,562,400, or AED 803 per sqft.
  • Rented since June 2019 on 3 Ejari contracts. The rent fell from AED 119,000 to AED 105,000 in 2020 and recovered to AED 123,333 by July 2023.
  • At AED 123,333 a year the gross yield on the 2013 price is 7.9%, before a service charge of about AED 34,600 a year (AED 17.79 per sqft).
  • Three-beds in Marina Wharf Tower 1 sold for AED 2,600,000–2,900,000 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 1 July 2023.

Questions about 1705, Marina Wharf Tower 1

What did unit 1705 last sell for?

AED 1,562,400 on 18 February 2013, sold by the developer: AED 803 per sqft for 1,944 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 123,333 a year on the contract signed on 1 July 2023. The previous contract, from June 2020, was AED 105,000; the unit has been rented since June 2019.

How big is unit 1705?

1,944 sqft (180.6 sqm): a three-bedroom apartment on the 17th floor of a 27-storey tower completed in 2010.

What is unit 1705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Wharf Tower 1 sold for AED 2,600,000 to 2,900,000 in the last 12 months, around AED 1,589 per sqft.

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Mortgage on 1705, Marina Wharf Tower 1

Starts from the last sale price (AED 1.56M, 18 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,562,400
Deposit, UAE resident (20%)
AED 312,480
Deposit, non-resident (40%)
AED 624,960
Monthly over 25 years at 3.7%
AED 6,392

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