2-bed · 1,826 sqftThe Atlantic, Dubai Marina · 13th floor · completed 2014

1304, The Atlantic

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 16 February 2024
Last soldAED 3.13M16 February 2024
Current rentAED 99K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, The Atlantic

What is 1304 worth today?

Last sold for AED 3,125,000 in 2024

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16 Feb 2024SoldReady
AED 3,125,000AED 1,711 per sqft
15 Oct 2021RentedRenewal
AED 99,000/yr12 months · AED 54 per sqft
15 Oct 2020RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
15 Oct 2019RentedNew contract
AED 100,000/yr12 months · AED 55 per sqft
27 Jul 2018RentedNew contract
AED 130,000/yr12 months · AED 71 per sqft
19 Feb 2017RentedRenewal
AED 160,000/yr12 months · AED 87 per sqft
19 Feb 2016RentedNew contract
AED 165,000/yr12 months · AED 90 per sqft
17 Apr 2015RentedNew contract
AED 200,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 16 February 2024.

Key facts

Type
2-bed apartment
Size
1,826 sqft
Floor
13th of 17
Parking
P-24
Developer
Gulf Shores
Completed
2014
Service charge
AED 31,700 /yr
Last sold
AED 3.13M · February 2024
Building
The Atlantic

About 1304, The Atlantic

1304 is a two-bedroom apartment of 1,826 sqft on the 13th floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. It last sold on 16 February 2024 for AED 3,125,000, or AED 1,711 per sqft, in line with the AED 1,711 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 99,000 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 31,700 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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, March 2013: AED 1,639,418 (AED 897 per sqft)Sold, April 2014: AED 1,639,418 (AED 897 per sqft)Sold, February 2024: AED 3,125,000 (AED 1,711 per sqft)

1304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, each contractTypical two-bed in The Atlantic
100K150K200K2014201820222026Typical 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, April 2015: AED 200,000 a yearNew contract, February 2016: AED 165,000 a yearRenewal, February 2017: AED 160,000 a yearNew contract, July 2018: AED 130,000 a yearNew contract, October 2019: AED 100,000 a yearRenewal, October 2020: AED 90,000 a yearRenewal, October 2021: AED 99,000 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 1304 sits

All 56 2-beds →

1304 last sold in February 2024 at AED 1,711 per sqft, in line with what two-beds in The Atlantic were fetching at the time (AED 1,711). 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. 1304's AED 99,000 is at the bottom 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 13th floor

All 80 units in The Atlantic
Value
13012-bedAED 3M · Apr 2014
13022-bedAED 2.9M · Aug 2023
13032-bedAED 2.6M · Jul 2022

1304, The Atlantic in numbers

  • Sold 3 times: first on 17 March 2013 for AED 1,639,418, last on 16 February 2024 for AED 3,125,000 (AED 1,711 per sqft).
  • Rented since April 2015 on 7 Ejari contracts, from AED 200,000 to AED 99,000 a year.
  • At AED 99,000 a year the gross yield on the 2024 price is 3.2%, before a service charge of about AED 31,700 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 16 February 2024.

Questions about 1304, The Atlantic

What did unit 1304 last sell for?

AED 3,125,000 on 16 February 2024: AED 1,711 per sqft for 1,826 sqft. The unit has 3 registered sales; the first was AED 1,639,418 in March 2013.

What is the rent for unit 1304?

AED 99,000 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 90,000; the unit has been rented since April 2015.

How big is unit 1304?

1,826 sqft (169.6 sqm): a two-bedroom apartment on the 13th floor of a 17-storey tower completed in 2014.

What is unit 1304 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 1304, The Atlantic

Starts from the last sale price (AED 3.13M, 16 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,125,000
Deposit, UAE resident (20%)
AED 625,000
Deposit, non-resident (40%)
AED 1,250,000
Monthly over 25 years at 3.7%
AED 12,785

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