3-bed · 1,395 sqftMarina Wharf Tower 2, Dubai Marina · 15th floor · completed 2014

1502, Marina Wharf Tower 2

Sold prices and rental history: sold 3 times, last in June 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 28 June 2021
Last soldAED 1.25M28 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Marina Wharf Tower 2

What is 1502 worth today?

Last sold for AED 1,250,000 in 2021

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28 Jun 2021SoldReady
AED 1,250,000AED 896 per sqft
9 Mar 2020SoldReady
AED 1,175,000AED 842 per sqft
31 May 2009Sold by developerOff-plan
AED 1,372,461AED 983 per sqft

Source: Dubai Land Department. Updated 28 June 2021.

Key facts

Type
3-bed apartment
Size
1,395 sqft
Floor
15th of 27
Parking
B1-33
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 23,500 /yr
Last sold
AED 1.25M · June 2021

About 1502, Marina Wharf Tower 2

1502 is a three-bedroom apartment of 1,395 sqft on the 15th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 28 June 2021 for AED 1,250,000, or AED 896 per sqft, 3% above the AED 869 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, 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 1,372,461 (AED 983 per sqft)Sold, March 2020: AED 1,175,000 (AED 842 per sqft)Sold, June 2021: AED 1,250,000 (AED 896 per sqft)

1502 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1502, 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 1502 sits

All 102 3-beds →

1502 last sold in June 2021 at AED 896 per sqft, 3% above what three-beds in Marina Wharf Tower 2 were fetching at the time (AED 869). 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 15th floor

All 166 units in Marina Wharf Tower 2
Value
15013-bedAED 1.2M · Jul 2021
15032-bedAED 893K · May 2009
15042-bedAED 1.28M · May 2023
15053-bedAED 1.33M · Jun 2009
15063-bedAED 1.08M · Nov 2020

1502, Marina Wharf Tower 2 in numbers

  • Sold 3 times: first on 31 May 2009 for AED 1,372,461, last on 28 June 2021 for AED 1,250,000 (AED 896 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 28 June 2021.

Questions about 1502, Marina Wharf Tower 2

What did unit 1502 last sell for?

AED 1,250,000 on 28 June 2021: AED 896 per sqft for 1,395 sqft. The unit has 3 registered sales; the first was AED 1,372,461 in May 2009.

How big is unit 1502?

1,395 sqft (129.6 sqm): a three-bedroom apartment on the 15th floor of a 27-storey tower completed in 2014.

What is unit 1502 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 1502, Marina Wharf Tower 2

Starts from the last sale price (AED 1.25M, 28 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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