2-bed · 2,057 sqftMarina Wharf Tower 2, Dubai Marina · 1st floor · completed 2014

V07, Marina Wharf Tower 2

Sold prices and rental history: sold twice, last in August 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V07 · DLD and Ejari recordsUpdated 25 August 2019
Last soldAED 1.4M25 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V07, Marina Wharf Tower 2

What is V07 worth today?

Last sold for AED 1,400,000 in 2019

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25 Aug 2019SoldReady
AED 1,400,000AED 680 per sqft
17 Jul 2019Sold by developerReady
AED 2,278,100AED 1,107 per sqft

Source: Dubai Land Department. Updated 25 August 2019.

Key facts

Type
2-bed apartment
Size
2,057 sqft
Floor
1st of 27
Parking
F1-48 , F1-49
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 34,700 /yr
Last sold
AED 1.4M · August 2019

About V07, Marina Wharf Tower 2

V07 is a two-bedroom apartment of 2,057 sqft on the 1st floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 25 August 2019 for AED 1,400,000, or AED 680 per sqft, 39% below the AED 1,107 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for V07 over time

Sales
Unit V07, each saleTypical two-bed in Marina Wharf Tower 2
1M2M2009201420192024Typical 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 2,278,100 (AED 1,107 per sqft)Sold, August 2019: AED 1,400,000 (AED 680 per sqft)

V07 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit V07, 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 100,000

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 V07 sits

All 55 2-beds →

V07 last sold in August 2019 at AED 680 per sqft, 39% below 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.

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 1st floor

All 166 units in Marina Wharf Tower 2
Value
V083-bedAED 3.6M · Dec 2018
V093-bedAED 2.95M · Dec 2021
V103-bedAED 3M · Feb 2016

V07, Marina Wharf Tower 2 in numbers

  • Sold twice: first on 17 July 2019 for AED 2,278,100, last on 25 August 2019 for AED 1,400,000 (AED 680 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 25 August 2019.

Questions about V07, Marina Wharf Tower 2

What did unit V07 last sell for?

AED 1,400,000 on 25 August 2019: AED 680 per sqft for 2,057 sqft. The unit has 2 registered sales; the first was AED 2,278,100 in July 2019.

How big is unit V07?

2,057 sqft (191.1 sqm): a two-bedroom apartment on the 1st floor of a 27-storey tower completed in 2014.

What is unit V07 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 V07, Marina Wharf Tower 2

Starts from the last sale price (AED 1.4M, 25 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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