2-bed · 1,794 sqftThe Atlantic, Dubai Marina · 2nd floor · completed 2014

203, The Atlantic

Sold prices and rental history: sold 5 times, last in July 2021, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 6 July 2021
Last soldAED 2.1M6 July 2021
Current rentAED 160K /yr27 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, The Atlantic

What is 203 worth today?

Last sold for AED 2,100,000 in 2021

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6 Jul 2021SoldReady
AED 2,100,000AED 1,170 per sqft
27 Aug 2017RentedRenewal
AED 160,000/yr12 months · AED 89 per sqft
27 Aug 2016RentedRenewal
AED 170,000/yr12 months · AED 95 per sqft
27 Aug 2015RentedNew contract
AED 170,000/yr12 months · AED 95 per sqft
2 Apr 2014SoldReady
AED 1,670,230AED 931 per sqft
12 May 2013SoldOff-plan
AED 2,425,000AED 1,351 per sqft
2 May 2012SoldOff-plan
AED 1,628,452AED 907 per sqft
23 Mar 2011Sold by developerOff-plan
AED 1,670,231AED 931 per sqft

Source: Dubai Land Department. Updated 6 July 2021.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
2nd of 17
Parking
G-36
Developer
Gulf Shores
Completed
2014
Service charge
AED 31,200 /yr
Last sold
AED 2.1M · July 2021
Building
The Atlantic

About 203, The Atlantic

203 is a two-bedroom apartment of 1,794 sqft on the 2nd floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. It last sold on 6 July 2021 for AED 2,100,000, or AED 1,170 per sqft, 11% above the AED 1,051 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 27 August 2017, is AED 160,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 31,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 2011: AED 1,670,231 (AED 931 per sqft)Sold, May 2012: AED 1,628,452 (AED 907 per sqft)Sold, May 2013: AED 2,425,000 (AED 1,351 per sqft)Sold, April 2014: AED 1,670,230 (AED 931 per sqft)Sold, July 2021: AED 2,100,000 (AED 1,170 per sqft)

203 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, 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, August 2015: AED 170,000 a yearRenewal, August 2016: AED 170,000 a yearRenewal, August 2017: AED 160,000 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 203 sits

All 56 2-beds →

203 last sold in July 2021 at AED 1,170 per sqft, 11% above what two-beds in The Atlantic were fetching at the time (AED 1,051). 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. 203's AED 160,000 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 2nd floor

All 80 units in The Atlantic
Value
2012-bedAED 1.58M · Apr 2014
2022-bedAED 1.5M · Jan 2018
2042-bedAED 1.64M · Apr 2014
2051-bedAED 1.21M · Jan 2022
2061-bedAED 866K · Mar 2014
2071-bedAED 844K · Apr 2014

203, The Atlantic in numbers

  • Sold 5 times: first on 23 March 2011 for AED 1,670,231, last on 6 July 2021 for AED 2,100,000 (AED 1,170 per sqft).
  • Rented since August 2015 on 3 Ejari contracts, from AED 170,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 31,200 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 6 July 2021.

Questions about 203, The Atlantic

What did unit 203 last sell for?

AED 2,100,000 on 6 July 2021: AED 1,170 per sqft for 1,794 sqft. The unit has 5 registered sales; the first was AED 1,670,231 in March 2011.

What is the rent for unit 203?

AED 160,000 a year on the contract renewed on 27 August 2017. The previous contract, from August 2016, was AED 170,000; the unit has been rented since August 2015.

How big is unit 203?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 2nd floor of a 17-storey tower completed in 2014.

What is unit 203 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 203, The Atlantic

Starts from the last sale price (AED 2.1M, 6 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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