3-bed · 3,475 sqftMarina Wharf Tower 1, Dubai Marina · 1st floor · completed 2010

V2, Marina Wharf Tower 1

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V2 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 2.65M11 August 2014
Current rentAED 195K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V2, Marina Wharf Tower 1

What is V2 worth today?

Last sold for AED 2,648,340 in 2014

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1 Apr 2025RentedNew contract
AED 195,000/yr12 months · AED 56 per sqft
1 Apr 2022RentedNew contract
AED 195,000/yr12 months · AED 56 per sqft
1 Aug 2019RentedNew contract
AED 175,000/yr12 months · AED 50 per sqft
18 Feb 2018RentedNew contract
AED 183,905/yr12 months · AED 53 per sqft
1 Jun 2015RentedRenewal
AED 220,000/yr12 months · AED 63 per sqft
11 Aug 2014Sold by developerReady
AED 2,648,340AED 762 per sqft
1 Jun 2014RentedNew contract
AED 220,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
3-bed apartment
Size
3,475 sqft
Floor
1st of 27
Parking
S-51, S-52, B-21
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 61,800 /yr
Last sold
AED 2.65M · August 2014

About V2, Marina Wharf Tower 1

V2 is a three-bedroom apartment of 3,475 sqft on the 1st 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 11 August 2014 for AED 2,648,340, or AED 762 per sqft, 33% below the AED 1,133 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 April 2025, is AED 195,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 61,800 a year.

Sales and rents for V2 over time

Sales
Unit V2, 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, August 2014: AED 2,648,340 (AED 762 per sqft)

V2 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit V2, each contractTypical three-bed in Marina Wharf Tower 1
100K200K2013201720212025Typical 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, June 2014: AED 220,000 a yearRenewal, June 2015: AED 220,000 a yearNew contract, February 2018: AED 183,905 a yearNew contract, August 2019: AED 175,000 a yearNew contract, April 2022: AED 195,000 a yearNew contract, April 2025: AED 195,000 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 V2 sits

All 28 3-beds →

V2 last sold in August 2014 at AED 762 per sqft, 33% below what three-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,133). 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. V2's AED 195,000 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 1st floor

All 135 units in Marina Wharf Tower 1
Value
V13-bedAED 2.6M · May 2020
V33-bedAED 3.53M · May 2022
V42-bedAED 2.4M · May 2022

V2, Marina Wharf Tower 1 in numbers

  • Sold once: by Dheeraj & East Coast on 11 August 2014 for AED 2,648,340, or AED 762 per sqft.
  • Rented since June 2014 on 6 Ejari contracts. The rent fell from AED 220,000 to AED 175,000 in 2019 and recovered to AED 195,000 by April 2025.
  • At AED 195,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 61,800 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 April 2025.

Questions about V2, Marina Wharf Tower 1

What did unit V2 last sell for?

AED 2,648,340 on 11 August 2014, sold by the developer: AED 762 per sqft for 3,475 sqft. It is the only registered sale of the unit.

What is the rent for unit V2?

AED 195,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2022, was AED 195,000; the unit has been rented since June 2014.

How big is unit V2?

3,475 sqft (322.8 sqm): a three-bedroom apartment on the 1st floor of a 27-storey tower completed in 2010.

What is unit V2 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 V2, Marina Wharf Tower 1

Starts from the last sale price (AED 2.65M, 11 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,648,340
Deposit, UAE resident (20%)
AED 529,668
Deposit, non-resident (40%)
AED 1,059,336
Monthly over 25 years at 3.7%
AED 10,835

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