3-bed · 1,251 sqftMarina Wharf Tower 2, Dubai Marina · 26th floor · completed 2014

2602, Marina Wharf Tower 2

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 2.2M19 March 2024
Current rentAED 220K /yr5 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Marina Wharf Tower 2

What is 2602 worth today?

Last sold for AED 2,200,000 in 2024

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19 Mar 2024SoldReady
AED 2,200,000AED 1,759 per sqft
5 Mar 2024RentedNew contract
AED 220,000/yr12 months · AED 176 per sqft
5 Mar 2024RentedNew contract
AED 220,000/yr12 months · AED 176 per sqft
1 Mar 2022RentedNew contract
AED 125,000/yr12 months · AED 100 per sqft
19 Jan 2021RentedNew contract
AED 110,000/yr12 months · AED 88 per sqft
12 Feb 2017Sold by developerReady
AED 1,709,950AED 1,367 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
3-bed apartment
Size
1,251 sqft
Floor
26th of 27
Parking
F1-44
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 21,100 /yr
Last sold
AED 2.2M · March 2024

About 2602, Marina Wharf Tower 2

2602 is a three-bedroom apartment of 1,251 sqft on the 26th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 19 March 2024 for AED 2,200,000, or AED 1,759 per sqft, 5% above the AED 1,671 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 March 2024, is AED 220,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 21,100 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, 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, February 2017: AED 1,709,950 (AED 1,367 per sqft)Sold, March 2024: AED 2,200,000 (AED 1,759 per sqft)

2602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2602, each contractTypical three-bed in Marina Wharf Tower 2
100K200K2018202120242027Typical 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, January 2021: AED 110,000 a yearNew contract, March 2022: AED 125,000 a yearNew contract, March 2024: AED 220,000 a yearNew contract, March 2024: AED 220,000 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 2602 sits

All 102 3-beds →

2602 last sold in March 2024 at AED 1,759 per sqft, 5% above what three-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,671). 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. 2602's AED 220,000 is in the upper half 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 26th floor

All 166 units in Marina Wharf Tower 2
Value
26012-bedAED 1.3M · Nov 2021
26031-bedAED 1.01M · Dec 2019
26041-bedAED 1.38M · Dec 2024
26053-bedAED 1.4M · Jul 2019
26062-bedAED 1.7M · Feb 2024

2602, Marina Wharf Tower 2 in numbers

  • Sold twice: first on 12 February 2017 for AED 1,709,950, last on 19 March 2024 for AED 2,200,000 (AED 1,759 per sqft).
  • Rented since January 2021 on 4 Ejari contracts, from AED 110,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 21,100 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 19 March 2024.

Questions about 2602, Marina Wharf Tower 2

What did unit 2602 last sell for?

AED 2,200,000 on 19 March 2024: AED 1,759 per sqft for 1,251 sqft. The unit has 2 registered sales; the first was AED 1,709,950 in February 2017.

What is the rent for unit 2602?

AED 220,000 a year on the contract signed on 5 March 2024. The previous contract, from March 2024, was AED 220,000; the unit has been rented since January 2021.

How big is unit 2602?

1,251 sqft (116.2 sqm): a three-bedroom apartment on the 26th floor of a 27-storey tower completed in 2014.

What is unit 2602 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 2602, Marina Wharf Tower 2

Starts from the last sale price (AED 2.2M, 19 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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