3-bed · 3,101 sqftMarina Wharf Tower 1, Dubai Marina · 2nd floor · completed 2010

V7, Marina Wharf Tower 1

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

Unit V7 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 3.7M14 January 2013
Current rentAED 100K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V7, Marina Wharf Tower 1

What is V7 worth today?

Last sold for AED 3,700,000 in 2013

Unlock today's estimate, updated daily, with

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

1 Aug 2024RentedNew contract
AED 100,000/yr12 months · AED 32 per sqft
1 Aug 2024RentedNew contract
AED 100,000/yr12 months · AED 32 per sqft
9 Oct 2014RentedRenewal
AED 194,750/yr12 months · AED 63 per sqft
9 Oct 2013RentedNew contract
AED 190,000/yr12 months · AED 61 per sqft
14 Jan 2013Sold by developerReady
AED 3,700,000AED 1,193 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
3-bed apartment
Size
3,101 sqft
Floor
2nd of 27
Parking
S-53/S-54
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 55,200 /yr
Last sold
AED 3.7M · January 2013

About V7, Marina Wharf Tower 1

V7 is a three-bedroom apartment of 3,101 sqft on the 2nd 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 January 2013 for AED 3,700,000, or AED 1,193 per sqft, 44% above the AED 828 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 August 2024, is AED 100,000 a year: a gross yield of 2.7% on the 2013 price, before the service charge of about AED 55,200 a year.

Sales and rents for V7 over time

Sales
Unit V7, each saleTypical three-bed in Marina Wharf Tower 1
2M3M4M2011201520192023Typical 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, January 2013: AED 3,700,000 (AED 1,193 per sqft)

V7 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit V7, each contractTypical three-bed in Marina Wharf Tower 1
100K150K200K2013201720212025Typical 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 190,000 a yearRenewal, October 2014: AED 194,750 a yearNew contract, August 2024: AED 100,000 a yearNew contract, August 2024: AED 100,000 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 V7 sits

All 28 3-beds →

V7 last sold in January 2013 at AED 1,193 per sqft, 44% above what three-beds in Marina Wharf Tower 1 were fetching at the time (AED 828). 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. V7's AED 100,000 is at the bottom 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 2nd floor

All 135 units in Marina Wharf Tower 1
Value
V52-bedAED 2.2M · Apr 2017
V63-bedAED 3.6M · May 2017
V83-bedAED 2.85M · Dec 2018

V7, Marina Wharf Tower 1 in numbers

  • Sold once: by Dheeraj & East Coast on 14 January 2013 for AED 3,700,000, or AED 1,193 per sqft.
  • Rented since October 2013 on 4 Ejari contracts, from AED 190,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 2.7%, before a service charge of about AED 55,200 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 August 2024.

Questions about V7, Marina Wharf Tower 1

What did unit V7 last sell for?

AED 3,700,000 on 14 January 2013, sold by the developer: AED 1,193 per sqft for 3,101 sqft. It is the only registered sale of the unit.

What is the rent for unit V7?

AED 100,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2024, was AED 100,000; the unit has been rented since October 2013.

How big is unit V7?

3,101 sqft (288.1 sqm): a three-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2010.

What is unit V7 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.

Selling V7? 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 V7, Marina Wharf Tower 1

Starts from the last sale price (AED 3.7M, 14 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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