2-bed · 1,014 sqftMarina Wharf Tower 2, Dubai Marina · 27th floor · completed 2014

2701, Marina Wharf Tower 2

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 1.12M31 July 2019
Current rentAED 83K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Marina Wharf Tower 2

What is 2701 worth today?

Last sold for AED 1,120,570 in 2019

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1 Jan 2024RentedNew contract
AED 82,500/yr36 months · AED 81 per sqft
10 Jun 2023RentedRenewal
AED 82,500/yr6 months · AED 81 per sqft
10 Dec 2022RentedRenewal
AED 82,500/yr6 months · AED 81 per sqft
10 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 74 per sqft
31 Jul 2019Sold by developerReady
AED 1,120,570AED 1,105 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
2-bed apartment
Size
1,014 sqft
Floor
27th of 27
Parking
F1-19
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 17,100 /yr
Last sold
AED 1.12M · July 2019

About 2701, Marina Wharf Tower 2

2701 is a two-bedroom apartment of 1,014 sqft on the 27th 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 31 July 2019 for AED 1,120,570, or AED 1,105 per sqft, in line with the AED 1,107 two-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 1 January 2024, is AED 82,500 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 17,100 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, each saleTypical two-bed in Marina Wharf Tower 2
1M1.5M2009201420192024Typical sale price by year: 2009 AED 899,699; 2013 AED 1,083,500; 2014 AED 1,260,000; 2018 AED 1,182,000; 2019 AED 1,005,000; 2020 AED 800,000; 2021 AED 875,000; 2022 AED 1,000,000; 2023 AED 1,225,000; 2024 AED 1,700,000; 2025 AED 1,500,000; 2026 AED 1,500,000Sold by developer, July 2019: AED 1,120,570 (AED 1,105 per sqft)

2701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2701, each contractTypical two-bed in Marina Wharf Tower 2
75K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 82,500; 2023 AED 95,000; 2024 AED 113,000; 2025 AED 110,000; 2026 AED 100,000New contract, December 2021: AED 75,000 a yearRenewal, December 2022: AED 82,500 a yearRenewal, June 2023: AED 82,500 a yearNew contract, January 2024: AED 82,500 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Wharf Tower 2, and where 2701 sits

All 55 2-beds →

2701 last sold in July 2019 at AED 1,105 per sqft, in line with what two-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,107). Over the last 12 months two-beds sold for AED 1,470,000 to 1,566,400, around AED 1,975 per sqft, and rent for AED 64,615 to 140,000 a year. 2701's AED 82,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jun 20261,500,000
16 Mar 20261,470,000
27 Feb 20261,566,400
23 Dec 20251,500,000
4 2-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 27th floor

All 166 units in Marina Wharf Tower 2
Value
27023-bedAED 694K · Sep 2022
27031-bedAED 1M · Nov 2022
27041-bedAED 1.31M · Dec 2024
27053-bedAED 1.35M · Feb 2022
27062-bedAED 1.45M · Sep 2021

2701, Marina Wharf Tower 2 in numbers

  • Sold once: by Dheeraj & East Coast on 31 July 2019 for AED 1,120,570, or AED 1,105 per sqft.
  • Rented since December 2021 on 4 Ejari contracts, from AED 75,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2019 price is 7.4%, before a service charge of about AED 17,100 a year (AED 16.88 per sqft).
  • Two-beds in Marina Wharf Tower 2 sold for AED 1,470,000–1,566,400 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 1 January 2024.

Questions about 2701, Marina Wharf Tower 2

What did unit 2701 last sell for?

AED 1,120,570 on 31 July 2019, sold by the developer: AED 1,105 per sqft for 1,014 sqft. It is the only registered sale of the unit.

What is the rent for unit 2701?

AED 82,500 a year on the contract signed on 1 January 2024. The previous contract, from June 2023, was AED 82,500; the unit has been rented since December 2021.

How big is unit 2701?

1,014 sqft (94.2 sqm): a two-bedroom apartment on the 27th floor of a 27-storey tower completed in 2014.

What is unit 2701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Wharf Tower 2 sold for AED 1,470,000 to 1,566,400 in the last 12 months, around AED 1,975 per sqft.

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Mortgage on 2701, Marina Wharf Tower 2

Starts from the last sale price (AED 1.12M, 31 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,570
Deposit, UAE resident (20%)
AED 224,114
Deposit, non-resident (40%)
AED 448,228
Monthly over 25 years at 3.7%
AED 4,585

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