Studio · 502 sqftStudio One, Dubai Marina · 13th floor · completed 2019

1302, Studio One

Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 1.14M8 October 2024
Current rentAED 48K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Studio One

What is 1302 worth today?

Last sold for AED 1,135,000 in 2024

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8 Oct 2024SoldReady
AED 1,135,000AED 2,260 per sqft
21 Dec 2022SoldReady
AED 950,000AED 1,892 per sqft
15 Jul 2021RentedNew contract
AED 47,871/yr12 months · AED 95 per sqft
10 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
12 Jan 2017Sold by developerOff-plan
AED 760,000AED 1,513 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
Studio apartment
Size
502 sqft
Floor
13th of 31
Parking
G-012
Developer
Select Global Development
Completed
2019
Service charge
AED 8,100 /yr
Last sold
AED 1.14M · October 2024
Building
Studio One

About 1302, Studio One

1302 is a studio of 502 sqft on the 13th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 8 October 2024 for AED 1,135,000, or AED 2,260 per sqft, 4% below the AED 2,352 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 July 2021, is AED 47,871 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 8,100 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical studio in Studio One
500K1M2016201920222025Typical sale price by year: 2016 AED 586,500; 2017 AED 632,000; 2018 AED 615,000; 2019 AED 600,000; 2020 AED 550,000; 2021 AED 590,000; 2022 AED 750,000; 2023 AED 862,500; 2024 AED 925,000; 2025 AED 1,056,000; 2026 AED 1,150,000Sold by developer, January 2017: AED 760,000 (AED 1,513 per sqft)Sold, December 2022: AED 950,000 (AED 1,892 per sqft)Sold, October 2024: AED 1,135,000 (AED 2,260 per sqft)

1302 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1302, each contractTypical studio in Studio One
40K60K20192021202320252027Typical rent by year: 2019 AED 48,500; 2020 AED 43,000; 2021 AED 41,000; 2022 AED 48,825; 2023 AED 60,000; 2024 AED 72,000; 2025 AED 72,000; 2026 AED 65,000New contract, December 2019: AED 50,000 a yearNew contract, July 2021: AED 47,871 a year

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

Studios in Studio One, and where 1302 sits

All 160 studios →

1302 last sold in October 2024 at AED 2,260 per sqft, 4% below what studios in Studio One were fetching at the time (AED 2,352). Over the last 12 months studios sold for AED 106,063 to 1,400,000, around AED 3,133 per sqft, and rent for AED 48,000 to 169,091 a year. 1302's AED 47,871 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 202638,349
1 Jun 20261,310,000
6 Mar 20261,350,000
6 Mar 20261,400,000
11 studio 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 13th floor

All 405 units in Studio One
Value
13011-bedAED 1.33M · Dec 2023
13031-bedAED 1.6M · Mar 2024
1304StudioAED 649K · Jan 2017
1305StudioAED 935K · Oct 2022
13061-bedAED 1.25M · Mar 2017
13072-bedAED 1.63M · May 2023
13082-bedAED 1.4M · Dec 2017
1–7 of 13

1302, Studio One in numbers

  • Sold 3 times: first on 12 January 2017 for AED 760,000, last on 8 October 2024 for AED 1,135,000 (AED 2,260 per sqft).
  • Rented since December 2019 on 2 Ejari contracts, from AED 50,000 to AED 47,871 a year.
  • At AED 47,871 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 8,100 a year (AED 16.08 per sqft).
  • Studios in Studio One sold for AED 106,063–1,400,000 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 8 October 2024.

Questions about 1302, Studio One

What did unit 1302 last sell for?

AED 1,135,000 on 8 October 2024: AED 2,260 per sqft for 502 sqft. The unit has 3 registered sales; the first was AED 760,000 in January 2017.

What is the rent for unit 1302?

AED 47,871 a year on the contract signed on 15 July 2021. The previous contract, from December 2019, was AED 50,000.

How big is unit 1302?

502 sqft (46.6 sqm): a studio on the 13th floor of a 31-storey tower completed in 2019.

What is unit 1302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Studio One sold for AED 106,063 to 1,400,000 in the last 12 months, around AED 3,133 per sqft.

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Mortgage on 1302, Studio One

Starts from the last sale price (AED 1.14M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,135,000
Deposit, UAE resident (20%)
AED 227,000
Deposit, non-resident (40%)
AED 454,000
Monthly over 25 years at 3.7%
AED 4,644

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