702, Marina Wharf Tower 1
Sold prices and rental history: sold twice, last in June 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Marina Wharf Tower 1
What is 702 worth today?
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Source: Dubai Land Department. Updated 28 June 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,417 sqft
- Floor
- 7th of 27
- Parking
- B-44
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 25,200 /yr
- Last sold
- AED 1.48M · June 2018
- Building
- Marina Wharf Tower 1
About 702, Marina Wharf Tower 1
702 is a two-bedroom apartment of 1,417 sqft on the 7th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 28 June 2018 for AED 1,475,000, or AED 1,041 per sqft, 8% below the AED 1,137 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 July 2016, is AED 110,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 25,200 a year.
Sales and rents for 702 over time
702 has sold twice; the dashed line is the two-bed median of each year in the building.
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 702 sits
All 72 2-beds →702 last sold in June 2018 at AED 1,041 per sqft, 8% below what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,137). 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. 702's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,181 sqft | 1,473,807 | 1,248 | ||
| 15 Jul 202615 July 2026 | 1,189 sqft | 1,800,000 | 1,514 | ||
| 30 Apr 202630 April 2026 | 1,520 sqft | 2,700,000 | 1,775 | ||
| 25 Mar 202625 March 2026 | 1,417 sqft | 2,100,000 | 1,482 |
Marina Wharf Tower 1
Building135 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%
Other units on the 7th floor
All 135 units in Marina Wharf Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,181 sqft | AED 1.38MAED 1,384,240 · Sep 2012September 2012 | 100,000 /yr | |
| 703 | 1-bed | 823 sqft | AED 905KAED 905,416 · Sep 2012September 2012 | 70,180 /yr | |
| 704 | 1-bed | 824 sqft | AED 1.16MAED 1,160,000 · Apr 2015April 2015 | 45,000 /yr | |
| 705 | 2-bed | 1,439 sqft | AED 1.6MAED 1,600,000 · Jun 2017June 2017 | 125,000 /yr | |
| 706 | 2-bed | 1,181 sqft | AED 1.47MAED 1,473,807 · Oct 2026October 2026 | 125,000 /yr |
702, Marina Wharf Tower 1 in numbers
- Sold twice: first on 29 May 2011 for AED 1,829,000, last on 28 June 2018 for AED 1,475,000 (AED 1,041 per sqft).
- Rented since January 2013 on 5 Ejari contracts, from AED 90,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2018 price is 7.5%, 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 28 June 2018.
Questions about 702, Marina Wharf Tower 1
What did unit 702 last sell for?
AED 1,475,000 on 28 June 2018: AED 1,041 per sqft for 1,417 sqft. The unit has 2 registered sales; the first was AED 1,829,000 in May 2011.
What is the rent for unit 702?
AED 110,000 a year on the contract renewed on 1 July 2016. The previous contract, from July 2015, was AED 129,800; the unit has been rented since January 2013.
How big is unit 702?
1,417 sqft (131.6 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2010.
What is unit 702 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 702, Marina Wharf Tower 1
Starts from the last sale price (AED 1.48M, 28 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,475,000
- Deposit, UAE resident (20%)
- AED 295,000
- Deposit, non-resident (40%)
- AED 590,000
- Monthly over 25 years at 3.7%
- AED 6,035
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →