2-bed · 1,836 sqftStella Maris Tower, Dubai Marina · 7th floor · completed 2022

708, Stella Maris Tower

Sold prices and rental history: sold once, by the developer in February 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 2.55M17 February 2022
Current rentAED 200K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Stella Maris Tower

What is 708 worth today?

Last sold for AED 2,546,110 in 2022

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20 May 2024RentedNew contract
AED 200,000/yr12 months · AED 109 per sqft
20 May 2024RentedNew contract
AED 200,000/yr12 months · AED 109 per sqft
1 Mar 2023RentedNew contract
AED 230,000/yr12 months · AED 125 per sqft
17 Feb 2022Sold by developerOff-plan
AED 2,546,110AED 1,386 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,836 sqft
Floor
7th of 50
Parking
B5-23
Developer
Scope Investment
Completed
2022
Service charge
AED 30,500 /yr
Last sold
AED 2.55M · February 2022

About 708, Stella Maris Tower

708 is a two-bedroom apartment of 1,836 sqft on the 7th floor of Stella Maris Tower, a 50-storey tower in Dubai Marina completed in 2022 by Scope Investment. The developer sold it on 17 February 2022 for AED 2,546,110, or AED 1,386 per sqft, 16% below the AED 1,643 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 20 May 2024, is AED 200,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 30,500 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical two-bed in Stella Maris Tower
3M4M2021202320252027Typical sale price by year: 2021 AED 2,718,158; 2022 AED 2,954,000; 2023 AED 3,700,000; 2024 AED 3,850,000; 2025 AED 4,024,000; 2026 AED 3,950,000Sold by developer, February 2022: AED 2,546,110 (AED 1,386 per sqft)

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

Rents
Unit 708, each contractTypical two-bed in Stella Maris Tower
200K220K202220242026Typical rent by year: 2022 AED 190,000; 2023 AED 215,000; 2024 AED 222,500; 2025 AED 230,090; 2026 AED 200,000New contract, March 2023: AED 230,000 a yearNew contract, May 2024: AED 200,000 a yearNew contract, May 2024: AED 200,000 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 Stella Maris Tower, and where 708 sits

All 151 2-beds →

708 last sold in February 2022 at AED 1,386 per sqft, 16% below what two-beds in Stella Maris Tower were fetching at the time (AED 1,643). Over the last 12 months two-beds sold for AED 3,350,000 to 4,600,000, around AED 2,361 per sqft, and rent for AED 80,000 to 400,000 a year. 708's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20263,500,000
8 Jun 20263,850,000
2 Apr 20264,600,000
16 Mar 20263,350,000
11 2-bed sales in the last 12 months

Stella Maris Tower

Building

294 apartments, 1-bed to 4-bed over 50 floors in Dubai Marina, completed in 2022 by Scope Investment. 19 sold in the last 12 months.

Typical price per sqft
AED 2,458 Down 3.7%
Typical sale
AED 3.85M
Typical rent
AED 180K /yr
Typical yield
5.5%
Stella Maris Tower, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 294 units in Stella Maris Tower
Value
7011-bedAED 2.2M · Jan 2026
7021-bedAED 2.2M · Oct 2021
7031-bedAED 2.5M · May 2023
7041-bedAED 3M · Mar 2024
7051-bedAED 1.58M · May 2021
7062-bedAED 3.85M · Jun 2026
7072-bedAED 3M · Oct 2024

708, Stella Maris Tower in numbers

  • Sold once: by Scope Investment on 17 February 2022 for AED 2,546,110, or AED 1,386 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 230,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 30,500 a year (AED 16.63 per sqft).
  • Two-beds in Stella Maris Tower sold for AED 3,350,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,458 per sqft.

Source: Dubai Land Department. Updated 20 May 2024.

Questions about 708, Stella Maris Tower

What did unit 708 last sell for?

AED 2,546,110 on 17 February 2022, sold by the developer: AED 1,386 per sqft for 1,836 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 200,000 a year on the contract signed on 20 May 2024. The previous contract, from May 2024, was AED 200,000; the unit has been rented since March 2023.

How big is unit 708?

1,836 sqft (170.6 sqm): a two-bedroom apartment on the 7th floor of a 50-storey tower completed in 2022.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Stella Maris Tower sold for AED 3,350,000 to 4,600,000 in the last 12 months, around AED 2,361 per sqft.

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Mortgage on 708, Stella Maris Tower

Starts from the last sale price (AED 2.55M, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,546,110
Deposit, UAE resident (20%)
AED 509,222
Deposit, non-resident (40%)
AED 1,018,444
Monthly over 25 years at 3.7%
AED 10,417

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