3-bed · 1,256 sqftMarina Wharf Tower 2, Dubai Marina · 12th floor · completed 2014

1206, Marina Wharf Tower 2

Sold prices and rental history: sold twice, last in July 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 29 July 2020
Last soldAED 1.13M29 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Marina Wharf Tower 2

What is 1206 worth today?

Last sold for AED 1,125,000 in 2020

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29 Jul 2020SoldReady
AED 1,125,000AED 895 per sqft
31 May 2009Sold by developerOff-plan
AED 1,472,000AED 1,171 per sqft

Source: Dubai Land Department. Updated 29 July 2020.

Key facts

Type
3-bed apartment
Size
1,256 sqft
Floor
12th of 27
Parking
B2-35
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 21,200 /yr
Last sold
AED 1.13M · July 2020

About 1206, Marina Wharf Tower 2

1206 is a three-bedroom apartment of 1,256 sqft on the 12th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 29 July 2020 for AED 1,125,000, or AED 895 per sqft, 18% below the AED 1,092 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical three-bed in Marina Wharf Tower 2
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,416,000; 2012 AED 1,512,000; 2013 AED 1,562,500; 2014 AED 1,900,000; 2018 AED 1,416,000; 2019 AED 1,412,360; 2020 AED 1,100,000; 2021 AED 1,225,000; 2022 AED 1,560,000; 2023 AED 2,050,000; 2024 AED 2,132,000; 2025 AED 2,050,000Sold by developer, May 2009: AED 1,472,000 (AED 1,171 per sqft)Sold, July 2020: AED 1,125,000 (AED 895 per sqft)

1206 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1206, each contractTypical three-bed in Marina Wharf Tower 2
100K150K2018202120242027Typical rent by year: 2018 AED 97,500; 2019 AED 90,000; 2020 AED 85,000; 2021 AED 93,500; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 145,000; 2025 AED 145,000; 2026 AED 133,000

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 2, and where 1206 sits

All 102 3-beds →

1206 last sold in July 2020 at AED 895 per sqft, 18% below what three-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,092). Over the last 12 months three-beds sold for AED 2,000,000 to 2,250,000, around AED 1,677 per sqft, and rent for AED 95,000 to 340,413 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Feb 20262,000,000
9 Jan 20262,250,000
7 Jul 20252,200,000
18 May 20252,100,000
2 3-bed sales in the last 12 months

Marina Wharf Tower 2

Building

166 apartments, studios to 3-bed over 27 floors in Dubai Marina, completed in 2014 by Dheeraj & East Coast. 7 sold in the last 12 months.

Typical price per sqft
AED 1,748
Typical sale
AED 1.5M
Typical rent
AED 130K /yr
Typical yield
6.2%
Marina Wharf Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 166 units in Marina Wharf Tower 2
Value
12013-bedAED 1.46M · Jun 2009
12023-bedAED 1.53M · Aug 2021
12032-bedAED 857K · Jun 2009
12042-bedAED 810K · Dec 2020
12053-bedAED 1.37M · Oct 2019

1206, Marina Wharf Tower 2 in numbers

  • Sold twice: first on 31 May 2009 for AED 1,472,000, last on 29 July 2020 for AED 1,125,000 (AED 895 per sqft).
  • Three-beds in Marina Wharf Tower 2 sold for AED 2,000,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,748 per sqft.

Source: Dubai Land Department. Updated 29 July 2020.

Questions about 1206, Marina Wharf Tower 2

What did unit 1206 last sell for?

AED 1,125,000 on 29 July 2020: AED 895 per sqft for 1,256 sqft. The unit has 2 registered sales; the first was AED 1,472,000 in May 2009.

How big is unit 1206?

1,256 sqft (116.7 sqm): a three-bedroom apartment on the 12th floor of a 27-storey tower completed in 2014.

What is unit 1206 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 2 sold for AED 2,000,000 to 2,250,000 in the last 12 months, around AED 1,677 per sqft.

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Mortgage on 1206, Marina Wharf Tower 2

Starts from the last sale price (AED 1.13M, 29 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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