2-bed · 1,712 sqftThe Atlantic, Dubai Marina · 6th floor · completed 2014

601, The Atlantic

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 July 2018
Last soldAED 1.54M4 August 2014
Current rentAED 150K /yr1 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, The Atlantic

What is 601 worth today?

Last sold for AED 1,537,079 in 2014

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1 Jul 2018RentedRenewal
AED 150,000/yr12 months · AED 88 per sqft
1 Jul 2017RentedRenewal
AED 155,000/yr12 months · AED 91 per sqft
1 Jul 2016RentedNew contract
AED 155,000/yr12 months · AED 91 per sqft
20 Sep 2015RentedRenewal
AED 170,000/yr12 months · AED 99 per sqft
20 Sep 2014RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft
4 Aug 2014Sold by developerReady
AED 1,537,079AED 897 per sqft

Source: Dubai Land Department. Updated 1 July 2018.

Key facts

Type
2-bed apartment
Size
1,712 sqft
Floor
6th of 17
Parking
G-50
Developer
Gulf Shores
Completed
2014
Service charge
AED 29,700 /yr
Last sold
AED 1.54M · August 2014
Building
The Atlantic

About 601, The Atlantic

601 is a two-bedroom apartment of 1,712 sqft on the 6th floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. The developer sold it on 4 August 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 continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 July 2018, is AED 150,000 a year: a gross yield of 9.8% on the 2014 price, before the service charge of about AED 29,700 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, August 2014: AED 1,537,079 (AED 897 per sqft)

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

Rents
Unit 601, 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 180,000 a yearRenewal, September 2015: AED 170,000 a yearNew contract, July 2016: AED 155,000 a yearRenewal, July 2017: AED 155,000 a yearRenewal, July 2018: 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 601 sits

All 56 2-beds →

601 last sold in August 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. 601'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 6th floor

All 80 units in The Atlantic
Value
6022-bedAED 2.8M · Mar 2014
6032-bedAED 2.75M · Mar 2015
6042-bedAED 1.76M · Apr 2014
6051-bedAED 814K · Mar 2014
6061-bedAED 863K · Apr 2014
6071-bedAED 1.65M · May 2024

601, The Atlantic in numbers

  • Sold once: by Gulf Shores on 4 August 2014 for AED 1,537,079, or AED 897 per sqft.
  • Rented since September 2014 on 5 Ejari contracts, from AED 180,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2014 price is 9.8%, before a service charge of about AED 29,700 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 1 July 2018.

Questions about 601, The Atlantic

What did unit 601 last sell for?

AED 1,537,079 on 4 August 2014, sold by the developer: AED 897 per sqft for 1,712 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 150,000 a year on the contract renewed on 1 July 2018. The previous contract, from July 2017, was AED 155,000; the unit has been rented since September 2014.

How big is unit 601?

1,712 sqft (159.1 sqm): a two-bedroom apartment on the 6th floor of a 17-storey tower completed in 2014.

What is unit 601 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 601, The Atlantic

Starts from the last sale price (AED 1.54M, 4 August 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 →