704, Marina Wharf Tower 2
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Marina Wharf Tower 2
What is 704 worth today?
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Source: Dubai Land Department. Updated 15 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 759 sqft
- Floor
- 7th of 27
- Parking
- F2-07
- Developer
- Dheeraj & East Coast
- Completed
- 2014
- Service charge
- AED 12,800 /yr
- Last sold
- AED 1.15M · August 2023
- Building
- Marina Wharf Tower 2
About 704, Marina Wharf Tower 2
704 is a two-bedroom apartment of 759 sqft on the 7th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 15 August 2023 for AED 1,150,000, or AED 1,514 per sqft, in line with the AED 1,481 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 1 November 2022, is AED 70,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 12,800 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the two-bed median of each year in the building.
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 704 sits
All 55 2-beds →704 last sold in August 2023 at AED 1,514 per sqft, in line with what two-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,481). 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. 704's AED 70,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jun 20269 June 2026 | 759 sqft | 1,500,000 | 1,975 | ||
| 16 Mar 202616 March 2026 | 1,114 sqft | 1,470,000 | 1,320 | ||
| 27 Feb 202627 February 2026 | 759 sqft | 1,566,400 | 2,062 | ||
| 23 Dec 202523 December 2025 | 759 sqft | 1,500,000 | 1,975 |
Marina Wharf Tower 2
Building166 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%
Other units on the 7th floor
All 166 units in Marina Wharf Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,287 sqft | AED 1.39MAED 1,392,000 · May 2009May 2009 | 140,000 /yr | |
| 702 | 3-bed | 1,395 sqft | AED 1.34MAED 1,335,000 · Jun 2009June 2009 | ||
| 703 | 2-bed | 759 sqft | AED 1.1MAED 1,100,000 · Apr 2023April 2023 | 95,000 /yr | |
| 705 | 3-bed | 1,245 sqft | AED 1.1MAED 1,100,000 · Feb 2021February 2021 | ||
| 706 | 3-bed | 1,256 sqft | AED 1.45MAED 1,448,000 · May 2009May 2009 | 120,000 /yr |
704, Marina Wharf Tower 2 in numbers
- Sold twice: first on 3 November 2019 for AED 1,083,500, last on 15 August 2023 for AED 1,150,000 (AED 1,514 per sqft).
- Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2020 and recovered to AED 70,000 by November 2022.
- At AED 70,000 a year the gross yield on the 2023 price is 6.1%, 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 15 August 2023.
Questions about 704, Marina Wharf Tower 2
What did unit 704 last sell for?
AED 1,150,000 on 15 August 2023: AED 1,514 per sqft for 759 sqft. The unit has 2 registered sales; the first was AED 1,083,500 in November 2019.
What is the rent for unit 704?
AED 70,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 62,500; the unit has been rented since September 2019.
How big is unit 704?
759 sqft (70.5 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2014.
What is unit 704 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 704, Marina Wharf Tower 2
Starts from the last sale price (AED 1.15M, 15 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →