1-bed · 847 sqftThe Atlantic, Dubai Marina · 6th floor · completed 2014

607, The Atlantic

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 1.65M21 May 2024
Current rentAED 110K /yr14 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, The Atlantic

What is 607 worth today?

Last sold for AED 1,650,000 in 2024

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21 May 2024SoldReady
AED 1,650,000AED 1,948 per sqft
14 Jul 2023RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
23 Sep 2022RentedNew contract
AED 84,000/yr12 months · AED 99 per sqft
23 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
20 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
14 Aug 2019RentedRenewal
AED 86,000/yr12 months · AED 101 per sqft
14 Aug 2018RentedNew contract
AED 86,000/yr12 months · AED 101 per sqft
4 Jun 2017RentedNew contract
AED 120,000/yr12 months · AED 141 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
6th of 17
Parking
G-28
Developer
Gulf Shores
Completed
2014
Service charge
AED 14,700 /yr
Last sold
AED 1.65M · May 2024
Building
The Atlantic

About 607, The Atlantic

607 is a one-bedroom apartment of 847 sqft on the 6th floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. It last sold on 21 May 2024 for AED 1,650,000, or AED 1,948 per sqft.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 14 July 2023, is AED 110,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical one-bed in The Atlantic
1M1.5M2013201620192022Typical sale price by year: 2013 AED 913,071; 2014 AED 858,471Sold by developer, October 2013: AED 940,000 (AED 1,110 per sqft)Sold, March 2014: AED 940,000 (AED 1,110 per sqft)Sold, October 2014: AED 1,650,000 (AED 1,948 per sqft)Sold, May 2024: AED 1,650,000 (AED 1,948 per sqft)

607 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 607, each contractTypical one-bed in The Atlantic
50K100K2014201820222026Typical 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, June 2017: AED 120,000 a yearNew contract, August 2018: AED 86,000 a yearRenewal, August 2019: AED 86,000 a yearNew contract, August 2020: AED 55,000 a yearNew contract, September 2021: AED 80,000 a yearNew contract, September 2022: AED 84,000 a yearNew contract, July 2023: AED 110,000 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 607 sits

All 18 1-beds →

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. 607's AED 110,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Nov 20251,800,000
22 May 20241,600,000
18 Jan 20221,210,000
21 Jul 20191,050,000
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
6051-bedAED 814K · Mar 2014
6061-bedAED 863K · Apr 2014

607, The Atlantic in numbers

  • Sold 4 times: first on 27 October 2013 for AED 940,000, last on 21 May 2024 for AED 1,650,000 (AED 1,948 per sqft).
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 55,000 in 2020 and recovered to AED 110,000 by July 2023.
  • At AED 110,000 a year the gross yield on the 2024 price is 6.7%, 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 21 May 2024.

Questions about 607, The Atlantic

What did unit 607 last sell for?

AED 1,650,000 on 21 May 2024: AED 1,948 per sqft for 847 sqft. The unit has 4 registered sales; the first was AED 940,000 in October 2013.

What is the rent for unit 607?

AED 110,000 a year on the contract signed on 14 July 2023. The previous contract, from September 2022, was AED 84,000; the unit has been rented since June 2017.

How big is unit 607?

847 sqft (78.7 sqm): a one-bedroom apartment on the 6th floor of a 17-storey tower completed in 2014.

What is unit 607 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 607, The Atlantic

Starts from the last sale price (AED 1.65M, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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