Studio · 357 sqftStudio One, Dubai Marina · 13th floor · completed 2019

1304, Studio One

Sold prices and rental history: sold once, by the developer in January 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 24 August 2023
Last soldAED 649K4 January 2017
Current rentAED 70K /yr24 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Studio One

What is 1304 worth today?

Last sold for AED 649,000 in 2017

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24 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 197 per sqft
1 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 113 per sqft
4 Jan 2017Sold by developerOff-plan
AED 649,000AED 1,818 per sqft

Source: Dubai Land Department. Updated 24 August 2023.

Key facts

Type
Studio apartment
Size
357 sqft
Floor
13th of 31
Parking
G-013
Developer
Select Global Development
Completed
2019
Service charge
AED 5,700 /yr
Last sold
AED 649K · January 2017
Building
Studio One

About 1304, Studio One

1304 is a studio of 357 sqft on the 13th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. The developer sold it on 4 January 2017 for AED 649,000, or AED 1,818 per sqft, 12% above the AED 1,619 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 24 August 2023, is AED 70,000 a year: a gross yield of 10.8% on the 2017 price, before the service charge of about AED 5,700 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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 649,000 (AED 1,818 per sqft)

1304 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1304, 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, January 2021: AED 40,000 a yearNew contract, August 2023: AED 70,000 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 1304 sits

All 160 studios →

1304 last sold in January 2017 at AED 1,818 per sqft, 12% above what studios in Studio One were fetching at the time (AED 1,619). 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. 1304's AED 70,000 is in the lower half 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
1302StudioAED 1.14M · Oct 2024
13031-bedAED 1.6M · Mar 2024
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

1304, Studio One in numbers

  • Sold once: by Select Global Development on 4 January 2017 for AED 649,000, or AED 1,818 per sqft.
  • Rented since January 2021 on 2 Ejari contracts, from AED 40,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 10.8%, before a service charge of about AED 5,700 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 24 August 2023.

Questions about 1304, Studio One

What did unit 1304 last sell for?

AED 649,000 on 4 January 2017, sold by the developer: AED 1,818 per sqft for 357 sqft. It is the only registered sale of the unit.

What is the rent for unit 1304?

AED 70,000 a year on the contract signed on 24 August 2023. The previous contract, from January 2021, was AED 40,000.

How big is unit 1304?

357 sqft (33.2 sqm): a studio on the 13th floor of a 31-storey tower completed in 2019.

What is unit 1304 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 1304, Studio One

Starts from the last sale price (AED 649K, 4 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 649,000
Deposit, UAE resident (20%)
AED 129,800
Deposit, non-resident (40%)
AED 259,600
Monthly over 25 years at 3.7%
AED 2,655

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