3-bed · 1,944 sqftMarina Wharf Tower 1, Dubai Marina · 22nd floor · completed 2010

2205, Marina Wharf Tower 1

Sold prices and rental history: sold once, by the developer in October 2012, and rented once, from February 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2205 · DLD and Ejari recordsUpdated 5 February 2018
Last soldAED 1.45M14 October 2012
Current rentAED 105K /yr5 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2205, Marina Wharf Tower 1

What is 2205 worth today?

Last sold for AED 1,450,800 in 2012

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5 Feb 2018RentedNew contract
AED 105,000/yr12 months · AED 54 per sqft
14 Oct 2012Sold by developerReady
AED 1,450,800AED 746 per sqft

Source: Dubai Land Department. Updated 5 February 2018.

Key facts

Type
3-bed apartment
Size
1,944 sqft
Floor
22nd of 27
Parking
B-51
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 34,600 /yr
Last sold
AED 1.45M · October 2012

About 2205, Marina Wharf Tower 1

2205 is a three-bedroom apartment of 1,944 sqft on the 22nd 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 14 October 2012 for AED 1,450,800, or AED 746 per sqft, in line with the AED 752 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 February 2018. The current contract, signed on 5 February 2018, is AED 105,000 a year: a gross yield of 7.2% on the 2012 price, before the service charge of about AED 34,600 a year.

Sales and rents for 2205 over time

Sales
Unit 2205, 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, October 2012: AED 1,450,800 (AED 746 per sqft)

2205 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2205, 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, February 2018: AED 105,000 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 2205 sits

All 28 3-beds →

2205 last sold in October 2012 at AED 746 per sqft, in line with what three-beds in Marina Wharf Tower 1 were fetching at the time (AED 752). 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. 2205's AED 105,000 is at the bottom 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
22013-bedAED 2M · Oct 2015
22022-bedAED 1.09M · Dec 2018
22031-bedAED 650K · Jan 2013
22042-bedAED 1.38M · Sep 2012

2205, Marina Wharf Tower 1 in numbers

  • Sold once: by Dheeraj & East Coast on 14 October 2012 for AED 1,450,800, or AED 746 per sqft.
  • Rented since February 2018 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2012 price is 7.2%, 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 5 February 2018.

Questions about 2205, Marina Wharf Tower 1

What did unit 2205 last sell for?

AED 1,450,800 on 14 October 2012, sold by the developer: AED 746 per sqft for 1,944 sqft. It is the only registered sale of the unit.

What is the rent for unit 2205?

AED 105,000 a year on the contract signed on 5 February 2018.

How big is unit 2205?

1,944 sqft (180.6 sqm): a three-bedroom apartment on the 22nd floor of a 27-storey tower completed in 2010.

What is unit 2205 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 2205, Marina Wharf Tower 1

Starts from the last sale price (AED 1.45M, 14 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,800
Deposit, UAE resident (20%)
AED 290,160
Deposit, non-resident (40%)
AED 580,320
Monthly over 25 years at 3.7%
AED 5,936

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