3-bed · 1,987 sqftMarina Wharf Tower 1, Dubai Marina · 22nd floor · completed 2010

2201, Marina Wharf Tower 1

Sold prices and rental history: sold twice, last in October 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 8 October 2015
Last soldAED 2M8 October 2015
Current rentAED 150K /yr1 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Marina Wharf Tower 1

What is 2201 worth today?

Last sold for AED 2,000,000 in 2015

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8 Oct 2015SoldReady
AED 2,000,000AED 1,006 per sqft
1 Mar 2014RentedNew contract
AED 149,500/yr12 months · AED 75 per sqft
1 Mar 2013RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft
13 Apr 2011Sold by developerReady
AED 2,333,000AED 1,190 per sqft

Source: Dubai Land Department. Updated 8 October 2015.

Key facts

Type
3-bed apartment
Size
1,987 sqft
Floor
22nd of 27
Parking
B-36
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 35,300 /yr
Last sold
AED 2M · October 2015

About 2201, Marina Wharf Tower 1

2201 is a three-bedroom apartment of 1,987 sqft on the 22nd floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 8 October 2015 for AED 2,000,000, or AED 1,006 per sqft, 10% below the AED 1,115 three-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 March 2014, is AED 149,500 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 35,300 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, April 2011: AED 2,333,000 (AED 1,190 per sqft)Sold, October 2015: AED 2,000,000 (AED 1,006 per sqft)

2201 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2201, 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, March 2013: AED 130,000 a yearNew contract, March 2014: AED 149,500 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 2201 sits

All 28 3-beds →

2201 last sold in October 2015 at AED 1,006 per sqft, 10% below what three-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,115). 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. 2201's AED 149,500 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 22nd floor

All 135 units in Marina Wharf Tower 1
Value
22022-bedAED 1.09M · Dec 2018
22031-bedAED 650K · Jan 2013
22042-bedAED 1.38M · Sep 2012
22053-bedAED 1.45M · Oct 2012

2201, Marina Wharf Tower 1 in numbers

  • Sold twice: first on 13 April 2011 for AED 2,333,000, last on 8 October 2015 for AED 2,000,000 (AED 1,006 per sqft).
  • Rented since March 2013 on 2 Ejari contracts, from AED 130,000 to AED 149,500 a year.
  • At AED 149,500 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 35,300 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 8 October 2015.

Questions about 2201, Marina Wharf Tower 1

What did unit 2201 last sell for?

AED 2,000,000 on 8 October 2015: AED 1,006 per sqft for 1,987 sqft. The unit has 2 registered sales; the first was AED 2,333,000 in April 2011.

What is the rent for unit 2201?

AED 149,500 a year on the contract signed on 1 March 2014. The previous contract, from March 2013, was AED 130,000.

How big is unit 2201?

1,987 sqft (184.6 sqm): a three-bedroom apartment on the 22nd floor of a 27-storey tower completed in 2010.

What is unit 2201 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 2201, Marina Wharf Tower 1

Starts from the last sale price (AED 2M, 8 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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