3-bed · 1,245 sqftMarina Wharf Tower 2, Dubai Marina · 3rd floor · completed 2014

305, Marina Wharf Tower 2

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 23 November 2023
Last soldAED 2M23 November 2023
Current rentAED 90K /yr29 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Marina Wharf Tower 2

What is 305 worth today?

Last sold for AED 2,000,000 in 2023

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23 Nov 2023SoldReady
AED 2,000,000AED 1,605 per sqft
29 Aug 2023RentedRenewal
AED 90,000/yr12 months · AED 72 per sqft
29 Aug 2022RentedRenewal
AED 80,000/yr12 months · AED 64 per sqft
29 Aug 2021RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
29 Aug 2020RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
19 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
1 Feb 2018Sold by developerOff-plan
AED 1,235,400AED 991 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type
3-bed apartment
Size
1,245 sqft
Floor
3rd of 27
Parking
B1-39
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 21,000 /yr
Last sold
AED 2M · November 2023

About 305, Marina Wharf Tower 2

305 is a three-bedroom apartment of 1,245 sqft on the 3rd floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 23 November 2023 for AED 2,000,000, or AED 1,605 per sqft, 23% above the AED 1,305 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 29 August 2023, is AED 90,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 21,000 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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 2018: AED 1,235,400 (AED 991 per sqft)Sold, November 2023: AED 2,000,000 (AED 1,605 per sqft)

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

Rents
Unit 305, 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, February 2019: AED 80,000 a yearNew contract, August 2020: AED 70,000 a yearNew contract, August 2021: AED 70,000 a yearRenewal, August 2022: AED 80,000 a yearRenewal, August 2023: AED 90,000 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 305 sits

All 102 3-beds →

305 last sold in November 2023 at AED 1,605 per sqft, 23% above what three-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,305). 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. 305's AED 90,000 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 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
3042-bedAED 862K · Feb 2018
3063-bedAED 1.42M · Jun 2009

305, Marina Wharf Tower 2 in numbers

  • Sold twice: first on 1 February 2018 for AED 1,235,400, last on 23 November 2023 for AED 2,000,000 (AED 1,605 per sqft).
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2021 and recovered to AED 90,000 by August 2023.
  • At AED 90,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 21,000 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 23 November 2023.

Questions about 305, Marina Wharf Tower 2

What did unit 305 last sell for?

AED 2,000,000 on 23 November 2023: AED 1,605 per sqft for 1,245 sqft. The unit has 2 registered sales; the first was AED 1,235,400 in February 2018.

What is the rent for unit 305?

AED 90,000 a year on the contract renewed on 29 August 2023. The previous contract, from August 2022, was AED 80,000; the unit has been rented since February 2019.

How big is unit 305?

1,245 sqft (115.7 sqm): a three-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2014.

What is unit 305 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 305, Marina Wharf Tower 2

Starts from the last sale price (AED 2M, 23 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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