701, The Atlantic
Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, The Atlantic
What is 701 worth today?
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Source: Dubai Land Department. Updated 16 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,712 sqft
- Floor
- 7th of 17
- Parking
- P-04
- Developer
- Gulf Shores
- Completed
- 2014
- Service charge
- AED 29,700 /yr
- Last sold
- AED 3M · September 2022
- Building
- The Atlantic
About 701, The Atlantic
701 is a two-bedroom apartment of 1,712 sqft on the 7th floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. It last sold on 16 September 2022 for AED 3,000,000, or AED 1,752 per sqft, 21% above the AED 1,449 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 May 2022, is AED 130,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 29,700 a year.
Sales and rents for 701 over time
701 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 56 2-beds →701 last sold in September 2022 at AED 1,752 per sqft, 21% above what two-beds in The Atlantic were fetching at the time (AED 1,449). 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. 701's AED 130,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 1,794 sqft | 3,200,000 | 1,783 | ||
| 24 Jun 202624 June 2026 | 1,675 sqft | 2,500,000 | 1,492 | ||
| 3 Dec 20253 December 2025 | 1,712 sqft | 3,100,000 | 1,810 | ||
| 29 Sep 202529 September 2025 | 1,794 sqft | 2,975,000 | 1,658 |
The Atlantic
Building80 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%
Other units on the 7th floor
All 80 units in The Atlantic701, The Atlantic in numbers
- Sold 3 times: first on 18 May 2011 for AED 1,537,079, last on 16 September 2022 for AED 3,000,000 (AED 1,752 per sqft).
- Rented since March 2015 on 5 Ejari contracts, from AED 185,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2022 price is 4.3%, 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 16 September 2022.
Questions about 701, The Atlantic
What did unit 701 last sell for?
AED 3,000,000 on 16 September 2022: AED 1,752 per sqft for 1,712 sqft. The unit has 3 registered sales; the first was AED 1,537,079 in May 2011.
What is the rent for unit 701?
AED 130,000 a year on the contract signed on 1 May 2022. The previous contract, from December 2019, was AED 140,000; the unit has been rented since March 2015.
How big is unit 701?
1,712 sqft (159.1 sqm): a two-bedroom apartment on the 7th floor of a 17-storey tower completed in 2014.
What is unit 701 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 701, The Atlantic
Starts from the last sale price (AED 3M, 16 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →