1-bed · 720 sqftStudio One, Dubai Marina · 10th floor · completed 2019

1002, Studio One

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 1.21M12 January 2017
Current rentAED 90K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Studio One

What is 1002 worth today?

Last sold for AED 1,205,000 in 2017

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5 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
5 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
25 Feb 2023RentedRenewal
AED 68,000/yr12 months · AED 94 per sqft
25 Feb 2022RentedRenewal
AED 65,000/yr12 months · AED 90 per sqft
25 Feb 2021RentedRenewal
AED 60,000/yr12 months · AED 83 per sqft
25 Feb 2020RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
12 Jan 2017Sold by developerOff-plan
AED 1,205,000AED 1,674 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
10th of 31
Parking
B2-116
Developer
Select Global Development
Completed
2019
Service charge
AED 11,600 /yr
Last sold
AED 1.21M · January 2017
Building
Studio One

About 1002, Studio One

1002 is a one-bedroom apartment of 720 sqft on the 10th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. The developer sold it on 12 January 2017 for AED 1,205,000, or AED 1,674 per sqft, in line with the AED 1,649 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 5 August 2024, is AED 90,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Studio One
1M1.25M2016201920222025Typical sale price by year: 2016 AED 961,000; 2017 AED 1,107,000; 2018 AED 1,025,770; 2019 AED 1,098,500; 2020 AED 955,000; 2021 AED 939,480; 2022 AED 1,180,000; 2023 AED 1,275,000; 2024 AED 1,400,000; 2025 AED 1,375,000; 2026 AED 1,350,000Sold by developer, January 2017: AED 1,205,000 (AED 1,674 per sqft)

1002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Studio One
60K80K100K20192021202320252027Typical rent by year: 2019 AED 70,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 83,750; 2024 AED 95,000; 2025 AED 103,400; 2026 AED 85,000New contract, February 2020: AED 70,000 a yearRenewal, February 2021: AED 60,000 a yearRenewal, February 2022: AED 65,000 a yearRenewal, February 2023: AED 68,000 a yearNew contract, August 2024: AED 90,000 a yearNew contract, August 2024: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Studio One, and where 1002 sits

All 160 1-beds →

1002 last sold in January 2017 at AED 1,674 per sqft, in line with what one-beds in Studio One were fetching at the time (AED 1,649). Over the last 12 months one-beds sold for AED 1,070,000 to 1,840,000, around AED 2,131 per sqft, and rent for AED 55,000 to 120,000 a year. 1002's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,180,000
27 Oct 20261,530,000
19 Oct 20261,275,000
27 Aug 20261,300,000
13 1-bed sales in the last 12 months

Studio One

Building

405 apartments, studios to 2-bed over 31 floors in Dubai Marina, completed in 2019 by Select Global Development. 33 sold in the last 12 months.

Typical price per sqft
AED 2,198 Down 8.3%
Typical sale
AED 1.4M
Typical rent
AED 80K /yr
Typical yield
6.5%
Studio One, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 405 units in Studio One
Value
10012-bedAED 1.48M · Feb 2017
1003StudioAED 38K · Jul 2026
1004StudioAED 1.15M · Jan 2026
10051-bedAED 900K · Mar 2020
10062-bedAED 1.52M · Jul 2022
10072-bedAED 1.36M · Apr 2018
10081-bedAED 1.3M · Jan 2025
1–7 of 12

1002, Studio One in numbers

  • Sold once: by Select Global Development on 12 January 2017 for AED 1,205,000, or AED 1,674 per sqft.
  • Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2021 and recovered to AED 90,000 by August 2024.
  • At AED 90,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 11,600 a year (AED 16.08 per sqft).
  • One-beds in Studio One sold for AED 1,070,000–1,840,000 in the 12 months to November 2026; the building's median across all types is AED 2,198 per sqft.

Source: Dubai Land Department. Updated 5 August 2024.

Questions about 1002, Studio One

What did unit 1002 last sell for?

AED 1,205,000 on 12 January 2017, sold by the developer: AED 1,674 per sqft for 720 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 90,000 a year on the contract signed on 5 August 2024. The previous contract, from August 2024, was AED 90,000; the unit has been rented since February 2020.

How big is unit 1002?

720 sqft (66.9 sqm): a one-bedroom apartment on the 10th floor of a 31-storey tower completed in 2019.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Studio One sold for AED 1,070,000 to 1,840,000 in the last 12 months, around AED 2,131 per sqft.

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Mortgage on 1002, Studio One

Starts from the last sale price (AED 1.21M, 12 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,205,000
Deposit, UAE resident (20%)
AED 241,000
Deposit, non-resident (40%)
AED 482,000
Monthly over 25 years at 3.7%
AED 4,930

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