3-bed · 3,057 sqftMarina Wharf Tower 1, Dubai Marina · 2nd floor · completed 2010

V8, Marina Wharf Tower 1

Sold prices and rental history: sold twice, last in December 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V8 · DLD and Ejari recordsUpdated 4 December 2018
Last soldAED 2.85M4 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V8, Marina Wharf Tower 1

What is V8 worth today?

Last sold for AED 2,850,000 in 2018

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4 Dec 2018SoldReady
AED 2,850,000AED 932 per sqft
10 Sep 2018Sold by developerReady
AED 3,900,000AED 1,275 per sqft

Source: Dubai Land Department. Updated 4 December 2018.

Key facts

Type
3-bed apartment
Size
3,057 sqft
Floor
2nd of 27
Parking
F-44/F-45
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 54,400 /yr
Last sold
AED 2.85M · December 2018

About V8, Marina Wharf Tower 1

V8 is a three-bedroom apartment of 3,057 sqft on the 2nd floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 4 December 2018 for AED 2,850,000, or AED 932 per sqft, in line with the AED 932 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for V8 over time

Sales
Unit V8, each saleTypical three-bed in Marina Wharf Tower 1
2M4M2011201520192023Typical 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, September 2018: AED 3,900,000 (AED 1,275 per sqft)Sold, December 2018: AED 2,850,000 (AED 932 per sqft)

V8 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit V8, each contractTypical three-bed in Marina Wharf Tower 1
100K150K2013201720212025Typical 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 177,500

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 V8 sits

All 28 3-beds →

V8 last sold in December 2018 at AED 932 per sqft, in line with what three-beds in Marina Wharf Tower 1 were fetching at the time (AED 932). 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.

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
V73-bedAED 3.7M · Jan 2013

V8, Marina Wharf Tower 1 in numbers

  • Sold twice: first on 10 September 2018 for AED 3,900,000, last on 4 December 2018 for AED 2,850,000 (AED 932 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 4 December 2018.

Questions about V8, Marina Wharf Tower 1

What did unit V8 last sell for?

AED 2,850,000 on 4 December 2018: AED 932 per sqft for 3,057 sqft. The unit has 2 registered sales; the first was AED 3,900,000 in September 2018.

How big is unit V8?

3,057 sqft (284.0 sqm): a three-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2010.

What is unit V8 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 V8, Marina Wharf Tower 1

Starts from the last sale price (AED 2.85M, 4 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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