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3-bed · 1,978 sqftMarina Wharf Tower 1, Dubai Marina · 25th floor · completed 2010

2501, Marina Wharf Tower 1

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

Unit 2501 · DLD and Ejari recordsUpdated 1 October 2014
Last soldAED 1.77M10 April 2013
Current rentAED 150K /yr1 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2501, Marina Wharf Tower 1

What is 2501 worth today?

Last sold for AED 1,765,000 in 2013

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1 Oct 2014RentedNew contract
AED 150,000/yr12 months · AED 76 per sqft
1 Oct 2013RentedNew contract
AED 135,000/yr12 months · AED 68 per sqft
10 Apr 2013SoldReady
AED 1,765,000AED 892 per sqft
17 Nov 2011Sold by developerReady
AED 1,488,000AED 752 per sqft

Source: Dubai Land Department. Updated 1 October 2014.

Key facts

Type
3-bed apartment
Size
1,978 sqft
Floor
25th of 27
Parking
B-62
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 35,200 /yr
Last sold
AED 1.77M · April 2013
Building
Marina Wharf Tower 1

About 2501, Marina Wharf Tower 1

2501 is a three-bedroom apartment of 1,978 sqft on the 25th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 10 April 2013 for AED 1,765,000, or AED 892 per sqft, in line with the AED 892 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 October 2014, is AED 150,000 a year: a gross yield of 8.5% on the 2013 price, before the service charge of about AED 35,200 a year.

Sales and rents for 2501 over time

Sales
Unit 2501, 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, November 2011: AED 1,488,000 (AED 752 per sqft)Sold, April 2013: AED 1,765,000 (AED 892 per sqft)

2501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2501, 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, October 2013: AED 135,000 a yearNew contract, October 2014: AED 150,000 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 2501 sits

All 28 3-beds →

2501 last sold in April 2013 at AED 892 per sqft, in line with what three-beds in Marina Wharf Tower 1 were fetching at the time (AED 892). 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. 2501's AED 150,000 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 25th floor

All 135 units in Marina Wharf Tower 1
Value
25022-bedAED 1.5M · Oct 2016
25032-bedAED 1.9M · Jul 2024
25043-bedAED 2.5M · Jan 2014

2501, Marina Wharf Tower 1 in numbers

  • Sold twice: first on 17 November 2011 for AED 1,488,000, last on 10 April 2013 for AED 1,765,000 (AED 892 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 135,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2013 price is 8.5%, before a service charge of about AED 35,200 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 October 2014.

Questions about 2501, Marina Wharf Tower 1

What did unit 2501 last sell for?

AED 1,765,000 on 10 April 2013: AED 892 per sqft for 1,978 sqft. The unit has 2 registered sales; the first was AED 1,488,000 in November 2011.

What is the rent for unit 2501?

AED 150,000 a year on the contract signed on 1 October 2014. The previous contract, from October 2013, was AED 135,000.

How big is unit 2501?

1,978 sqft (183.8 sqm): a three-bedroom apartment on the 25th floor of a 27-storey tower completed in 2010.

What is unit 2501 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 2501, Marina Wharf Tower 1

Starts from the last sale price (AED 1.77M, 10 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,765,000
Deposit, UAE resident (20%)
AED 353,000
Deposit, non-resident (40%)
AED 706,000
Monthly over 25 years at 3.7%
AED 7,221

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