2-bed · 759 sqftMarina Wharf Tower 2, Dubai Marina · 3rd floor · completed 2014

304, Marina Wharf Tower 2

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 9 September 2022
Last soldAED 862K4 February 2018
Current rentAED 68K /yr9 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Marina Wharf Tower 2

What is 304 worth today?

Last sold for AED 861,875 in 2018

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9 Sep 2022RentedRenewal
AED 68,000/yr12 months · AED 90 per sqft
9 Sep 2021RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
20 Jan 2020RentedRenewal
AED 67,000/yr12 months · AED 88 per sqft
20 Jan 2019RentedNew contract
AED 67,000/yr12 months · AED 85 per sqft
4 Feb 2018Sold by developerOff-plan
AED 861,875AED 1,135 per sqft

Source: Dubai Land Department. Updated 9 September 2022.

Key facts

Type
2-bed apartment
Size
759 sqft
Floor
3rd of 27
Parking
F1-54
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 862K · February 2018

About 304, Marina Wharf Tower 2

304 is a two-bedroom apartment of 759 sqft on the 3rd 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 4 February 2018 for AED 861,875, or AED 1,135 per sqft, in line with the AED 1,124 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 9 September 2022, is AED 68,000 a year: a gross yield of 7.9% on the 2018 price, before the service charge of about AED 12,800 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, February 2018: AED 861,875 (AED 1,135 per sqft)

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

Rents
Unit 304, 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, January 2019: AED 67,000 a yearRenewal, January 2020: AED 67,000 a yearNew contract, September 2021: AED 60,000 a yearRenewal, September 2022: AED 68,000 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 304 sits

All 55 2-beds →

304 last sold in February 2018 at AED 1,135 per sqft, in line with what two-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,124). 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. 304's AED 68,000 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 3rd floor

All 166 units in Marina Wharf Tower 2
Value
3013-bedAED 1.42M · Feb 2018
3023-bedAED 1M · Sep 2021
3032-bedAED 1.4M · Sep 2025
3053-bedAED 2M · Nov 2023
3063-bedAED 1.42M · Jun 2009

304, Marina Wharf Tower 2 in numbers

  • Sold once: by Dheeraj & East Coast on 4 February 2018 for AED 861,875, or AED 1,135 per sqft.
  • Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 67,000 to AED 60,000 in 2021 and recovered to AED 68,000 by September 2022.
  • At AED 68,000 a year the gross yield on the 2018 price is 7.9%, before a service charge of about AED 12,800 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 9 September 2022.

Questions about 304, Marina Wharf Tower 2

What did unit 304 last sell for?

AED 861,875 on 4 February 2018, sold by the developer: AED 1,135 per sqft for 759 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 68,000 a year on the contract renewed on 9 September 2022. The previous contract, from September 2021, was AED 60,000; the unit has been rented since January 2019.

How big is unit 304?

759 sqft (70.5 sqm): a two-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2014.

What is unit 304 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 304, Marina Wharf Tower 2

Starts from the last sale price (AED 862K, 4 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 861,875
Deposit, UAE resident (20%)
AED 172,375
Deposit, non-resident (40%)
AED 344,750
Monthly over 25 years at 3.7%
AED 3,526

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