2-bed · 1,713 sqftThe Atlantic, Dubai Marina · 11th floor · completed 2014

1101, The Atlantic

Sold prices and rental history: sold twice, last in June 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 1 May 2018
Last soldAED 1.54M17 June 2014
Current rentAED 145K /yr1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, The Atlantic

What is 1101 worth today?

Last sold for AED 1,537,079 in 2014

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1 May 2018RentedRenewal
AED 145,000/yr12 months · AED 85 per sqft
1 May 2017RentedNew contract
AED 145,000/yr12 months · AED 85 per sqft
14 Sep 2014RentedNew contract
AED 178,000/yr12 months · AED 104 per sqft
17 Jun 2014SoldReady
AED 1,537,079AED 897 per sqft
26 Oct 2011Sold by developerOff-plan
AED 1,537,079AED 897 per sqft

Source: Dubai Land Department. Updated 1 May 2018.

Key facts

Type
2-bed apartment
Size
1,713 sqft
Floor
11th of 17
Parking
P-37
Developer
Gulf Shores
Completed
2014
Service charge
AED 29,800 /yr
Last sold
AED 1.54M · June 2014
Building
The Atlantic

About 1101, The Atlantic

1101 is a two-bedroom apartment of 1,713 sqft on the 11th floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. It last sold on 17 June 2014 for AED 1,537,079, or AED 897 per sqft, in line with the AED 911 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 May 2018, is AED 145,000 a year: a gross yield of 9.4% on the 2014 price, before the service charge of about AED 29,800 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical two-bed in The Atlantic
2M3M2011201520192023Typical sale price by year: 2011 AED 1,576,618; 2012 AED 1,628,345; 2013 AED 2,200,000; 2014 AED 1,615,357; 2015 AED 2,635,000; 2021 AED 1,800,000; 2022 AED 2,600,000; 2023 AED 2,937,500; 2024 AED 2,750,000; 2025 AED 3,050,000Sold by developer, October 2011: AED 1,537,079 (AED 897 per sqft)Sold, June 2014: AED 1,537,079 (AED 897 per sqft)

1101 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, each contractTypical two-bed in The Atlantic
100K150K2014201820222026Typical rent by year: 2014 AED 170,000; 2015 AED 170,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 142,500; 2019 AED 135,000; 2020 AED 103,500; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 147,500; 2024 AED 155,000; 2025 AED 170,500; 2026 AED 180,000New contract, September 2014: AED 178,000 a yearNew contract, May 2017: AED 145,000 a yearRenewal, May 2018: AED 145,000 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 The Atlantic, and where 1101 sits

All 56 2-beds →

1101 last sold in June 2014 at AED 897 per sqft, in line with what two-beds in The Atlantic were fetching at the time (AED 911). Over the last 12 months two-beds sold for AED 2,500,000 to 3,200,000, around AED 1,783 per sqft, and rent for AED 136,893 to 250,000 a year. 1101's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20263,200,000
24 Jun 20262,500,000
3 Dec 20253,100,000
29 Sep 20252,975,000
3 2-bed sales in the last 12 months

The Atlantic

Building

80 apartments, 1-bed to 3-bed over 17 floors in Dubai Marina, completed in 2014 by Gulf Shores. 4 sold in the last 12 months.

Typical price per sqft
AED 1,797
Typical sale
AED 2.8M
Typical rent
AED 150K /yr
Typical yield
5.3%
The Atlantic, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 80 units in The Atlantic
Value
11022-bedAED 3.1M · Jun 2014
11032-bedAED 1.63M · Mar 2014
11042-bedAED 2.3M · Feb 2017

1101, The Atlantic in numbers

  • Sold twice: first on 26 October 2011 for AED 1,537,079, last on 17 June 2014 for AED 1,537,079 (AED 897 per sqft).
  • Rented since September 2014 on 3 Ejari contracts, from AED 178,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2014 price is 9.4%, before a service charge of about AED 29,800 a year (AED 17.37 per sqft).
  • Two-beds in The Atlantic sold for AED 2,500,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,797 per sqft.

Source: Dubai Land Department. Updated 1 May 2018.

Questions about 1101, The Atlantic

What did unit 1101 last sell for?

AED 1,537,079 on 17 June 2014: AED 897 per sqft for 1,713 sqft. The unit has 2 registered sales; the first was AED 1,537,079 in October 2011.

What is the rent for unit 1101?

AED 145,000 a year on the contract renewed on 1 May 2018. The previous contract, from May 2017, was AED 145,000; the unit has been rented since September 2014.

How big is unit 1101?

1,713 sqft (159.1 sqm): a two-bedroom apartment on the 11th floor of a 17-storey tower completed in 2014.

What is unit 1101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Atlantic sold for AED 2,500,000 to 3,200,000 in the last 12 months, around AED 1,783 per sqft.

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Mortgage on 1101, The Atlantic

Starts from the last sale price (AED 1.54M, 17 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,537,079
Deposit, UAE resident (20%)
AED 307,416
Deposit, non-resident (40%)
AED 614,832
Monthly over 25 years at 3.7%
AED 6,289

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