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3-bed · 1,256 sqftMarina Wharf Tower 2, Dubai Marina · 17th floor · completed 2014

1706, Marina Wharf Tower 2

Sold prices and rental history: sold once, by the developer in January 2012, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 10 May 2020
Last soldAED 1.53M11 January 2012
Current rentAED 85K /yr10 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1706, Marina Wharf Tower 2

What is 1706 worth today?

Last sold for AED 1,528,000 in 2012

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10 May 2020RentedRenewal
AED 85,000/yr14 months · AED 65 per sqft
10 May 2019RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
11 Jan 2012Sold by developerOff-plan
AED 1,528,000AED 1,216 per sqft

Source: Dubai Land Department. Updated 10 May 2020.

Key facts

Type
3-bed apartment
Size
1,256 sqft
Floor
17th of 27
Parking
B1-25
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 21,200 /yr
Last sold
AED 1.53M · January 2012
Building
Marina Wharf Tower 2

About 1706, Marina Wharf Tower 2

1706 is a three-bedroom apartment of 1,256 sqft on the 17th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. The developer sold it on 11 January 2012 for AED 1,528,000, or AED 1,216 per sqft, in line with the AED 1,203 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 10 May 2020, is AED 85,000 a year: a gross yield of 5.6% on the 2012 price, before the service charge of about AED 21,200 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, January 2012: AED 1,528,000 (AED 1,216 per sqft)

1706 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1706, 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 133,000New contract, May 2019: AED 90,000 a yearRenewal, May 2020: AED 85,000 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 2, and where 1706 sits

All 102 3-beds →

1706 last sold in January 2012 at AED 1,216 per sqft, in line with what three-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,203). 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. 1706's AED 85,000 is at the bottom of that range.

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 17th floor

All 166 units in Marina Wharf Tower 2
Value
17013-bedAED 1.51M · Jun 2021
17023-bedAED 1.35M · Jun 2009
17032-bedAED 903K · May 2009
17042-bedAED 1.5M · Dec 2025
17053-bedAED 1.42M · Oct 2019

1706, Marina Wharf Tower 2 in numbers

  • Sold once: by Dheeraj & East Coast on 11 January 2012 for AED 1,528,000, or AED 1,216 per sqft.
  • Rented since May 2019 on 2 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2012 price is 5.6%, before a service charge of about AED 21,200 a year (AED 16.88 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 10 May 2020.

Questions about 1706, Marina Wharf Tower 2

What did unit 1706 last sell for?

AED 1,528,000 on 11 January 2012, sold by the developer: AED 1,216 per sqft for 1,256 sqft. It is the only registered sale of the unit.

What is the rent for unit 1706?

AED 85,000 a year on the contract renewed on 10 May 2020. The previous contract, from May 2019, was AED 90,000.

How big is unit 1706?

1,256 sqft (116.7 sqm): a three-bedroom apartment on the 17th floor of a 27-storey tower completed in 2014.

What is unit 1706 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 1706, Marina Wharf Tower 2

Starts from the last sale price (AED 1.53M, 11 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,528,000
Deposit, UAE resident (20%)
AED 305,600
Deposit, non-resident (40%)
AED 611,200
Monthly over 25 years at 3.7%
AED 6,252

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