1-bed · 824 sqftMarina Wharf Tower 1, Dubai Marina · 7th floor · completed 2010

704, Marina Wharf Tower 1

Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 15 April 2021
Last soldAED 1.16M29 April 2015
Current rentAED 45K /yr15 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Marina Wharf Tower 1

What is 704 worth today?

Last sold for AED 1,160,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Apr 2021RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
25 Jul 2020RentedRenewal
AED 60,000/yr12 months · AED 72 per sqft
25 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
14 Jul 2017RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
1 Jun 2015RentedNew contract
AED 95,000/yr12 months · AED 115 per sqft
29 Apr 2015SoldReady
AED 1,160,000AED 1,407 per sqft
17 Jul 2014SoldReady
AED 965,950AED 1,171 per sqft
10 Apr 2014Sold by developerReady
AED 679,150AED 824 per sqft

Source: Dubai Land Department. Updated 15 April 2021.

Key facts

Type
1-bed apartment
Size
824 sqft
Floor
7th of 27
Parking
S-22
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 14,700 /yr
Last sold
AED 1.16M · April 2015

About 704, Marina Wharf Tower 1

704 is a one-bedroom apartment of 824 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 29 April 2015 for AED 1,160,000, or AED 1,407 per sqft, 20% above the AED 1,171 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 April 2021, is AED 45,000 a year: a gross yield of 3.9% on the 2015 price, before the service charge of about AED 14,700 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Marina Wharf Tower 1
1M1.5M2011201520192023Typical sale price by year: 2011 AED 779,875; 2012 AED 695,300; 2013 AED 726,750; 2014 AED 769,781; 2015 AED 1,155,000; 2017 AED 1,000,000; 2018 AED 800,000; 2022 AED 982,500; 2023 AED 1,255,000; 2024 AED 1,300,000; 2025 AED 1,400,000Sold by developer, April 2014: AED 679,150 (AED 824 per sqft)Sold, July 2014: AED 965,950 (AED 1,171 per sqft)Sold, April 2015: AED 1,160,000 (AED 1,407 per sqft)

704 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Marina Wharf Tower 1
50K75K100K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 71,500; 2014 AED 83,250; 2015 AED 89,625; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 74,000; 2019 AED 64,500; 2020 AED 58,000; 2021 AED 50,000; 2022 AED 63,250; 2023 AED 64,400; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 85,000New contract, January 2013: AED 62,500 a yearNew contract, June 2015: AED 95,000 a yearNew contract, July 2017: AED 80,000 a yearNew contract, July 2019: AED 60,000 a yearRenewal, July 2020: AED 60,000 a yearNew contract, April 2021: AED 45,000 a year

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

1-beds in Marina Wharf Tower 1, and where 704 sits

All 33 1-beds →

704 last sold in April 2015 at AED 1,407 per sqft, 20% above what one-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,171). Over the last 12 months one-beds sold for AED 1,200,000 to 1,349,957, around AED 1,757 per sqft, and rent for AED 70,180 to 110,000 a year. 704's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,200,000
30 Dec 20251,349,957
13 Mar 20251,400,000
20 Jan 20251,650,000
2 1-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 7th floor

All 135 units in Marina Wharf Tower 1
Value
7012-bedAED 1.38M · Sep 2012
7022-bedAED 1.48M · Jun 2018
7031-bedAED 905K · Sep 2012
7052-bedAED 1.6M · Jun 2017
7062-bedAED 1.47M · Oct 2026

704, Marina Wharf Tower 1 in numbers

  • Sold 3 times: first on 10 April 2014 for AED 679,150, last on 29 April 2015 for AED 1,160,000 (AED 1,407 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 62,500 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 3.9%, before a service charge of about AED 14,700 a year (AED 17.79 per sqft).
  • One-beds in Marina Wharf Tower 1 sold for AED 1,200,000–1,349,957 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 15 April 2021.

Questions about 704, Marina Wharf Tower 1

What did unit 704 last sell for?

AED 1,160,000 on 29 April 2015: AED 1,407 per sqft for 824 sqft. The unit has 3 registered sales; the first was AED 679,150 in April 2014.

What is the rent for unit 704?

AED 45,000 a year on the contract signed on 15 April 2021. The previous contract, from July 2020, was AED 60,000; the unit has been rented since January 2013.

How big is unit 704?

824 sqft (76.6 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2010.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Wharf Tower 1 sold for AED 1,200,000 to 1,349,957 in the last 12 months, around AED 1,757 per sqft.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, Marina Wharf Tower 1

Starts from the last sale price (AED 1.16M, 29 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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