1-bed · 846 sqftThe Atlantic, Dubai Marina · 6th floor · completed 2014

605, The Atlantic

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

Unit 605 · DLD and Ejari recordsUpdated 12 November 2023
Last soldAED 814K27 March 2014
Current rentAED 93K /yr12 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, The Atlantic

What is 605 worth today?

Last sold for AED 814,128 in 2014

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12 Nov 2023RentedRenewal
AED 92,500/yr24 months · AED 109 per sqft
12 Nov 2022RentedRenewal
AED 85,000/yr12 months · AED 100 per sqft
12 Nov 2021RentedNew contract
AED 79,000/yr12 months · AED 93 per sqft
1 Jun 2019RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
20 Feb 2018RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
13 Apr 2015RentedNew contract
AED 105,000/yr12 months · AED 123 per sqft
13 Apr 2014RentedNew contract
AED 105,000/yr12 months · AED 123 per sqft
27 Mar 2014Sold by developerReady
AED 814,128AED 962 per sqft

Source: Dubai Land Department. Updated 12 November 2023.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
6th of 17
Parking
G-26
Developer
Gulf Shores
Completed
2014
Service charge
AED 14,700 /yr
Last sold
AED 814K · March 2014
Building
The Atlantic

About 605, The Atlantic

605 is a one-bedroom apartment of 846 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 27 March 2014 for AED 814,128, or AED 962 per sqft, 4% below the AED 997 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 12 November 2023, is AED 92,500 a year: a gross yield of 11.4% on the 2014 price, before the service charge of about AED 14,700 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in The Atlantic
800K850K900K201320142015Typical sale price by year: 2013 AED 913,071; 2014 AED 858,471Sold by developer, March 2014: AED 814,128 (AED 962 per sqft)

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

Rents
Unit 605, each contractTypical one-bed in The Atlantic
80K100K2014201820222026Typical rent by year: 2014 AED 103,096; 2015 AED 103,000; 2016 AED 103,984; 2017 AED 103,250; 2018 AED 88,750; 2019 AED 77,500; 2020 AED 68,000; 2021 AED 76,500; 2022 AED 69,300; 2023 AED 93,750; 2024 AED 95,000; 2025 AED 97,500; 2026 AED 85,000New contract, April 2014: AED 105,000 a yearNew contract, April 2015: AED 105,000 a yearNew contract, February 2018: AED 100,000 a yearNew contract, June 2019: AED 75,000 a yearNew contract, November 2021: AED 79,000 a yearRenewal, November 2022: AED 85,000 a yearRenewal, November 2023: AED 92,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Atlantic, and where 605 sits

All 18 1-beds →

605 last sold in March 2014 at AED 962 per sqft, 4% below what one-beds in The Atlantic were fetching at the time (AED 997). Over the last 12 months one-beds sold for AED 1,800,000, around AED 2,125 per sqft, and rent for AED 75,000 to 105,000 a year. 605's AED 92,500 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Nov 20251,800,000
22 May 20241,600,000
21 May 20241,650,000
18 Jan 20221,210,000
1 1-bed sale 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
6012-bedAED 1.54M · Aug 2014
6022-bedAED 2.8M · Mar 2014
6032-bedAED 2.75M · Mar 2015
6042-bedAED 1.76M · Apr 2014
6061-bedAED 863K · Apr 2014
6071-bedAED 1.65M · May 2024

605, The Atlantic in numbers

  • Sold once: by Gulf Shores on 27 March 2014 for AED 814,128, or AED 962 per sqft.
  • Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 75,000 in 2019 and recovered to AED 92,500 by November 2023.
  • At AED 92,500 a year the gross yield on the 2014 price is 11.4%, before a service charge of about AED 14,700 a year (AED 17.37 per sqft).
  • One-beds in The Atlantic sold for AED 1,800,000–1,800,000 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 12 November 2023.

Questions about 605, The Atlantic

What did unit 605 last sell for?

AED 814,128 on 27 March 2014, sold by the developer: AED 962 per sqft for 846 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 92,500 a year on the contract renewed on 12 November 2023. The previous contract, from November 2022, was AED 85,000; the unit has been rented since April 2014.

How big is unit 605?

846 sqft (78.6 sqm): a one-bedroom apartment on the 6th floor of a 17-storey tower completed in 2014.

What is unit 605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Atlantic sold for AED 1,800,000 to 1,800,000 in the last 12 months, around AED 2,125 per sqft.

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Mortgage on 605, The Atlantic

Starts from the last sale price (AED 814K, 27 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 814,128
Deposit, UAE resident (20%)
AED 162,826
Deposit, non-resident (40%)
AED 325,651
Monthly over 25 years at 3.7%
AED 3,331

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