2-bed · 1,102 sqftStudio One, Dubai Marina · 29th floor · completed 2019

2903, Studio One

Sold prices and rental history: sold twice, last in July 2022, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 13 July 2022
Last soldAED 1.6M13 July 2022
Current rentAED 82K /yr11 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Studio One

What is 2903 worth today?

Last sold for AED 1,600,000 in 2022

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13 Jul 2022SoldReady
AED 1,600,000AED 1,451 per sqft
11 Jul 2021RentedNew contract
AED 82,000/yr12 months · AED 75 per sqft
12 Jan 2017Sold by developerOff-plan
AED 1,774,000AED 1,609 per sqft

Source: Dubai Land Department. Updated 13 July 2022.

Key facts

Type
2-bed apartment
Size
1,102 sqft
Floor
29th of 31
Parking
B1-147
Developer
Select Global Development
Completed
2019
Service charge
AED 17,700 /yr
Last sold
AED 1.6M · July 2022
Building
Studio One

About 2903, Studio One

2903 is a two-bedroom apartment of 1,102 sqft on the 29th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 13 July 2022 for AED 1,600,000, or AED 1,451 per sqft, 8% above the AED 1,340 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 July 2021. The current contract, signed on 11 July 2021, is AED 82,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 17,700 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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 2017: AED 1,774,000 (AED 1,609 per sqft)Sold, July 2022: AED 1,600,000 (AED 1,451 per sqft)

2903 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2903, 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, July 2021: AED 82,000 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 2903 sits

All 85 2-beds →

2903 last sold in July 2022 at AED 1,451 per sqft, 8% above what two-beds in Studio One were fetching at the time (AED 1,340). 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. 2903's AED 82,000 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 29th floor

All 405 units in Studio One
Value
29011-bedAED 956K · Mar 2017
2902StudioAED 685K · Sep 2019
29042-bedAED 2.25M · Oct 2024
29052-bedAED 2.38M · Jul 2025
29062-bedAED 1.21M · May 2021
29072-bedAED 1.4M · Oct 2021
29082-bedAED 1.4M · Jun 2022
1–7 of 9

2903, Studio One in numbers

  • Sold twice: first on 12 January 2017 for AED 1,774,000, last on 13 July 2022 for AED 1,600,000 (AED 1,451 per sqft).
  • Rented since July 2021 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 17,700 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 13 July 2022.

Questions about 2903, Studio One

What did unit 2903 last sell for?

AED 1,600,000 on 13 July 2022: AED 1,451 per sqft for 1,102 sqft. The unit has 2 registered sales; the first was AED 1,774,000 in January 2017.

What is the rent for unit 2903?

AED 82,000 a year on the contract signed on 11 July 2021.

How big is unit 2903?

1,102 sqft (102.4 sqm): a two-bedroom apartment on the 29th floor of a 31-storey tower completed in 2019.

What is unit 2903 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 2903, Studio One

Starts from the last sale price (AED 1.6M, 13 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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