2-bed · 1,676 sqftThe Atlantic, Dubai Marina · 12th floor · completed 2014

1202, The Atlantic

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 13 June 2021
Last soldAED 1.95M13 June 2021
Current rentAED 150K /yr17 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, The Atlantic

What is 1202 worth today?

Last sold for AED 1,950,000 in 2021

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13 Jun 2021SoldReady
AED 1,950,000AED 1,163 per sqft
17 May 2019RentedRenewal
AED 150,000/yr12 months · AED 89 per sqft
17 May 2018RentedRenewal
AED 165,000/yr12 months · AED 98 per sqft
17 May 2017RentedRenewal
AED 165,000/yr12 months · AED 98 per sqft
17 May 2016RentedRenewal
AED 165,000/yr12 months · AED 98 per sqft
17 May 2015RentedNew contract
AED 165,000/yr12 months · AED 98 per sqft
30 Mar 2014SoldReady
AED 1,584,504AED 945 per sqft
3 Mar 2014Sold by developerOff-plan
AED 1,584,504AED 945 per sqft

Source: Dubai Land Department. Updated 13 June 2021.

Key facts

Type
2-bed apartment
Size
1,676 sqft
Floor
12th of 17
Parking
G-59
Developer
Gulf Shores
Completed
2014
Service charge
AED 29,100 /yr
Last sold
AED 1.95M · June 2021
Building
The Atlantic

About 1202, The Atlantic

1202 is a two-bedroom apartment of 1,676 sqft on the 12th floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. It last sold on 13 June 2021 for AED 1,950,000, or AED 1,163 per sqft, 17% above the AED 991 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 17 May 2019, is AED 150,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 29,100 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, March 2014: AED 1,584,504 (AED 945 per sqft)Sold by developer, March 2014: AED 1,584,504 (AED 945 per sqft)Sold, June 2021: AED 1,950,000 (AED 1,163 per sqft)

1202 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, 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, May 2015: AED 165,000 a yearRenewal, May 2016: AED 165,000 a yearRenewal, May 2017: AED 165,000 a yearRenewal, May 2018: AED 165,000 a yearRenewal, May 2019: AED 150,000 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 1202 sits

All 56 2-beds →

1202 last sold in June 2021 at AED 1,163 per sqft, 17% above what two-beds in The Atlantic were fetching at the time (AED 991). 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. 1202's AED 150,000 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 12th floor

All 80 units in The Atlantic
Value
12012-bedAED 1.58M · Mar 2014
12032-bedAED 2.65M · Apr 2023
12042-bedAED 2.6M · Mar 2022

1202, The Atlantic in numbers

  • Sold 3 times: first on 3 March 2014 for AED 1,584,504, last on 13 June 2021 for AED 1,950,000 (AED 1,163 per sqft).
  • Rented since May 2015 on 5 Ejari contracts, from AED 165,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 29,100 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 13 June 2021.

Questions about 1202, The Atlantic

What did unit 1202 last sell for?

AED 1,950,000 on 13 June 2021: AED 1,163 per sqft for 1,676 sqft. The unit has 3 registered sales; the first was AED 1,584,504 in March 2014.

What is the rent for unit 1202?

AED 150,000 a year on the contract renewed on 17 May 2019. The previous contract, from May 2018, was AED 165,000; the unit has been rented since May 2015.

How big is unit 1202?

1,676 sqft (155.7 sqm): a two-bedroom apartment on the 12th floor of a 17-storey tower completed in 2014.

What is unit 1202 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 1202, The Atlantic

Starts from the last sale price (AED 1.95M, 13 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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