2-bed · 1,417 sqftMarina Wharf Tower 1, Dubai Marina · 6th floor · completed 2010

602, Marina Wharf Tower 1

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 1.21M14 October 2012
Current rentAED 108K /yr5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Marina Wharf Tower 1

What is 602 worth today?

Last sold for AED 1,214,350 in 2012

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5 Dec 2024RentedRenewal
AED 107,525/yr12 months · AED 76 per sqft
5 Dec 2024RentedRenewal
AED 107,525/yr12 months · AED 76 per sqft
5 Dec 2023RentedRenewal
AED 93,500/yr12 months · AED 66 per sqft
5 Dec 2022RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
5 Dec 2021RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
5 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
1 Nov 2019RentedRenewal
AED 78,000/yr12 months · AED 55 per sqft
1 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
2-bed apartment
Size
1,417 sqft
Floor
6th of 27
Parking
B-16
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 25,200 /yr
Last sold
AED 1.21M · October 2012

About 602, Marina Wharf Tower 1

602 is a two-bedroom apartment of 1,417 sqft on the 6th 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 1,214,350, or AED 857 per sqft, 14% below the AED 991 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 December 2024, is AED 107,525 a year: a gross yield of 8.8% on the 2012 price, before the service charge of about AED 25,200 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Marina Wharf Tower 1
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,206,900; 2011 AED 1,240,000; 2012 AED 1,244,150; 2013 AED 1,266,175; 2014 AED 1,700,000; 2015 AED 1,246,000; 2016 AED 1,325,000; 2017 AED 1,440,000; 2018 AED 1,092,000; 2019 AED 1,172,025; 2020 AED 1,000,000; 2021 AED 1,125,000; 2022 AED 1,300,000; 2023 AED 1,460,000; 2024 AED 1,975,000; 2025 AED 1,759,867; 2026 AED 1,950,000Sold by developer, October 2012: AED 1,214,350 (AED 857 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Marina Wharf Tower 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 79,900; 2023 AED 98,668; 2024 AED 106,263; 2025 AED 116,500; 2026 AED 112,015New contract, February 2013: AED 79,527 a yearNew contract, March 2014: AED 120,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, November 2018: AED 90,000 a yearRenewal, November 2019: AED 78,000 a yearNew contract, December 2020: AED 70,000 a yearNew contract, December 2021: AED 70,000 a yearRenewal, December 2022: AED 85,000 a yearRenewal, December 2023: AED 93,500 a yearRenewal, December 2024: AED 107,525 a yearRenewal, December 2024: AED 107,525 a year

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

2-beds in Marina Wharf Tower 1, and where 602 sits

All 72 2-beds →

602 last sold in October 2012 at AED 857 per sqft, 14% below what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 991). Over the last 12 months two-beds sold for AED 1,473,807 to 2,700,000, around AED 1,498 per sqft, and rent for AED 75,166 to 350,000 a year. 602's AED 107,525 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,473,807
15 Jul 20261,800,000
30 Apr 20262,700,000
25 Mar 20262,100,000
4 2-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 6th floor

All 135 units in Marina Wharf Tower 1
Value
6012-bedAED 1.15M · Dec 2011
6031-bedAED 1.2M · Feb 2026
6041-bedAED 1.65M · Jan 2025
6052-bedAED 1.55M · Jul 2023
6062-bedAED 1.72M · Jun 2016

602, Marina Wharf Tower 1 in numbers

  • Sold once: by Dheeraj & East Coast on 14 October 2012 for AED 1,214,350, or AED 857 per sqft.
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 79,527 to AED 70,000 in 2021 and recovered to AED 107,525 by December 2024.
  • At AED 107,525 a year the gross yield on the 2012 price is 8.8%, before a service charge of about AED 25,200 a year (AED 17.79 per sqft).
  • Two-beds in Marina Wharf Tower 1 sold for AED 1,473,807–2,700,000 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 December 2024.

Questions about 602, Marina Wharf Tower 1

What did unit 602 last sell for?

AED 1,214,350 on 14 October 2012, sold by the developer: AED 857 per sqft for 1,417 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 107,525 a year on the contract renewed on 5 December 2024. The previous contract, from December 2024, was AED 107,525; the unit has been rented since February 2013.

How big is unit 602?

1,417 sqft (131.6 sqm): a two-bedroom apartment on the 6th floor of a 27-storey tower completed in 2010.

What is unit 602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Wharf Tower 1 sold for AED 1,473,807 to 2,700,000 in the last 12 months, around AED 1,498 per sqft.

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Mortgage on 602, Marina Wharf Tower 1

Starts from the last sale price (AED 1.21M, 14 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,214,350
Deposit, UAE resident (20%)
AED 242,870
Deposit, non-resident (40%)
AED 485,740
Monthly over 25 years at 3.7%
AED 4,968

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