2-bed · 834 sqftStudio One, Dubai Marina · 13th floor · completed 2019

1307, Studio One

Sold prices and rental history: sold twice, last in May 2023, and rented once, from June 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 1.63M1 May 2023
Current rentAED 92K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Studio One

What is 1307 worth today?

Last sold for AED 1,630,000 in 2023

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1 May 2023SoldReady
AED 1,630,000AED 1,953 per sqft
1 Jun 2020RentedNew contract
AED 92,000/yr12 months · AED 110 per sqft
3 Jan 2018Sold by developerOff-plan
AED 1,400,000AED 1,678 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
2-bed apartment
Size
834 sqft
Floor
13th of 31
Parking
B1-061
Developer
Select Global Development
Completed
2019
Service charge
AED 13,400 /yr
Last sold
AED 1.63M · May 2023
Building
Studio One

About 1307, Studio One

1307 is a two-bedroom apartment of 834 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 1 May 2023 for AED 1,630,000, or AED 1,953 per sqft, 14% above the AED 1,719 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2020. The current contract, signed on 1 June 2020, is AED 92,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, each saleTypical two-bed in Studio One
1M1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,749,000; 2017 AED 1,410,500; 2018 AED 1,366,000; 2019 AED 1,367,000; 2020 AED 1,037,500; 2021 AED 1,273,458; 2022 AED 1,460,000; 2023 AED 1,640,000; 2024 AED 1,900,000; 2025 AED 2,000,000; 2026 AED 2,050,000Sold by developer, January 2018: AED 1,400,000 (AED 1,678 per sqft)Sold, May 2023: AED 1,630,000 (AED 1,953 per sqft)

1307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1307, each contractTypical two-bed in Studio One
75K100K125K20192021202320252027Typical rent by year: 2019 AED 100,000; 2020 AED 80,000; 2021 AED 83,000; 2022 AED 97,500; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 116,185New contract, June 2020: AED 92,000 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 Studio One, and where 1307 sits

All 85 2-beds →

1307 last sold in May 2023 at AED 1,953 per sqft, 14% above what two-beds in Studio One were fetching at the time (AED 1,719). Over the last 12 months two-beds sold for AED 1,700,000 to 2,300,000, around AED 2,037 per sqft, and rent for AED 75,000 to 205,000 a year. 1307's AED 92,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jun 20261,700,000
22 Apr 20262,300,000
6 Apr 20262,000,000
12 Feb 20262,300,000
9 2-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 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
1304StudioAED 649K · Jan 2017
1305StudioAED 935K · Oct 2022
13061-bedAED 1.25M · Mar 2017
13082-bedAED 1.4M · Dec 2017
1–7 of 13

1307, Studio One in numbers

  • Sold twice: first on 3 January 2018 for AED 1,400,000, last on 1 May 2023 for AED 1,630,000 (AED 1,953 per sqft).
  • Rented since June 2020 on one Ejari contract, at AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 13,400 a year (AED 16.08 per sqft).
  • Two-beds in Studio One sold for AED 1,700,000–2,300,000 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 1 May 2023.

Questions about 1307, Studio One

What did unit 1307 last sell for?

AED 1,630,000 on 1 May 2023: AED 1,953 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 1,400,000 in January 2018.

What is the rent for unit 1307?

AED 92,000 a year on the contract signed on 1 June 2020.

How big is unit 1307?

834 sqft (77.5 sqm): a two-bedroom apartment on the 13th floor of a 31-storey tower completed in 2019.

What is unit 1307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Studio One sold for AED 1,700,000 to 2,300,000 in the last 12 months, around AED 2,037 per sqft.

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Mortgage on 1307, Studio One

Starts from the last sale price (AED 1.63M, 1 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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