3-bed · 4,102 sqftMarina Wharf Tower 2, Dubai Marina · Ground floor · completed 2014

V01, Marina Wharf Tower 2

Sold prices and rental history: sold twice, last in February 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V01 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 3.2M10 February 2023
Current rentAED 350K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V01, Marina Wharf Tower 2

What is V01 worth today?

Last sold for AED 3,200,000 in 2023

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1 Mar 2024RentedNew contract
AED 350,000/yr12 months · AED 85 per sqft
1 Mar 2024RentedNew contract
AED 350,000/yr12 months · AED 85 per sqft
10 Feb 2023SoldReady
AED 3,200,000AED 780 per sqft
1 Jun 2021RentedRenewal
AED 128,000/yr12 months · AED 31 per sqft
2 Jun 2009Sold by developerOff-plan
AED 4,070,000AED 992 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
3-bed apartment
Size
4,102 sqft
Floor
Ground of 27
Parking
F1-01 , F1-02
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 69,200 /yr
Last sold
AED 3.2M · February 2023

About V01, Marina Wharf Tower 2

V01 is a three-bedroom apartment of 4,102 sqft on the ground floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 10 February 2023 for AED 3,200,000, or AED 780 per sqft, 36% below the AED 1,220 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 March 2024, is AED 350,000 a year: a gross yield of 10.9% on the 2023 price, before the service charge of about AED 69,200 a year.

Sales and rents for V01 over time

Sales
Unit V01, each saleTypical three-bed in Marina Wharf Tower 2
2M4M2009201420192024Typical 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, June 2009: AED 4,070,000 (AED 992 per sqft)Sold, February 2023: AED 3,200,000 (AED 780 per sqft)

V01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit V01, each contractTypical three-bed in Marina Wharf Tower 2
200K2018202120242027Typical 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 133,000Renewal, June 2021: AED 128,000 a yearNew contract, March 2024: AED 350,000 a yearNew contract, March 2024: AED 350,000 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 V01 sits

All 102 3-beds →

V01 last sold in February 2023 at AED 780 per sqft, 36% below what three-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,220). 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. V01's AED 350,000 is at the top 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 ground floor

All 166 units in Marina Wharf Tower 2
Value
G-01StudioAED 613K · Nov 2012
G-021-bedAED 1.05M · Oct 2025
V023-bedAED 3.64M · May 2013
V033-bedAED 3.4M · Oct 2013
V042-bedAED 3M · Dec 2024
V052-bedAED 2.28M · May 2018
V062-bedAED 3M · Apr 2018

V01, Marina Wharf Tower 2 in numbers

  • Sold twice: first on 2 June 2009 for AED 4,070,000, last on 10 February 2023 for AED 3,200,000 (AED 780 per sqft).
  • Rented since June 2021 on 3 Ejari contracts, from AED 128,000 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2023 price is 10.9%, before a service charge of about AED 69,200 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 1 March 2024.

Questions about V01, Marina Wharf Tower 2

What did unit V01 last sell for?

AED 3,200,000 on 10 February 2023: AED 780 per sqft for 4,102 sqft. The unit has 2 registered sales; the first was AED 4,070,000 in June 2009.

What is the rent for unit V01?

AED 350,000 a year on the contract signed on 1 March 2024. The previous contract, from March 2024, was AED 350,000; the unit has been rented since June 2021.

How big is unit V01?

4,102 sqft (381.1 sqm): a three-bedroom apartment on the ground floor of a 27-storey tower completed in 2014.

What is unit V01 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 V01, Marina Wharf Tower 2

Starts from the last sale price (AED 3.2M, 10 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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