2-bed · 1,794 sqftThe Atlantic, Dubai Marina · 7th floor · completed 2014

703, The Atlantic

Sold prices and rental history: sold 3 times, last in January 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 14 May 2023
Last soldAED 3.63M11 January 2015
Current rentAED 110K /yr14 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, The Atlantic

What is 703 worth today?

Last sold for AED 3,628,264 in 2015

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14 May 2023RentedRenewal
AED 110,000/yr12 months · AED 61 per sqft
14 May 2022RentedRenewal
AED 110,000/yr12 months · AED 61 per sqft
14 May 2021RentedRenewal
AED 110,000/yr12 months · AED 61 per sqft
14 May 2020RentedRenewal
AED 140,000/yr12 months · AED 78 per sqft
14 May 2019RentedNew contract
AED 140,000/yr12 months · AED 78 per sqft
14 May 2018RentedNew contract
AED 140,000/yr12 months · AED 78 per sqft
28 Aug 2017RentedRenewal
AED 180,000/yr6 months · AED 100 per sqft
28 Feb 2017RentedRenewal
AED 180,000/yr6 months · AED 100 per sqft

Source: Dubai Land Department. Updated 14 May 2023.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
7th of 17
Parking
P-06
Developer
Gulf Shores
Completed
2014
Service charge
AED 31,200 /yr
Last sold
AED 3.63M · January 2015
Building
The Atlantic

About 703, The Atlantic

703 is a two-bedroom apartment of 1,794 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 11 January 2015 for AED 3,628,264, or AED 2,022 per sqft, 120% above the AED 920 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 14 May 2023, is AED 110,000 a year: a gross yield of 3.0% on the 2015 price, before the service charge of about AED 31,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, May 2011: AED 1,628,345 (AED 907 per sqft)Sold, July 2014: AED 1,628,345 (AED 907 per sqft)Sold, January 2015: AED 3,628,264 (AED 2,022 per sqft)

703 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, 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, February 2016: AED 175,000 a yearRenewal, February 2017: AED 180,000 a yearRenewal, August 2017: AED 180,000 a yearNew contract, May 2018: AED 140,000 a yearNew contract, May 2019: AED 140,000 a yearRenewal, May 2020: AED 140,000 a yearRenewal, May 2021: AED 110,000 a yearRenewal, May 2022: AED 110,000 a yearRenewal, May 2023: AED 110,000 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 703 sits

All 56 2-beds →

703 last sold in January 2015 at AED 2,022 per sqft, 120% above what two-beds in The Atlantic were fetching at the time (AED 920). 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. 703's AED 110,000 is at the bottom 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 7th floor

All 80 units in The Atlantic
Value
7012-bedAED 3M · Sep 2022
7022-bedAED 2.85M · May 2025
7042-bedAED 3.06M · May 2023

703, The Atlantic in numbers

  • Sold 3 times: first on 18 May 2011 for AED 1,628,345, last on 11 January 2015 for AED 3,628,264 (AED 2,022 per sqft).
  • Rented since February 2016 on 9 Ejari contracts, from AED 175,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2015 price is 3.0%, 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 14 May 2023.

Questions about 703, The Atlantic

What did unit 703 last sell for?

AED 3,628,264 on 11 January 2015: AED 2,022 per sqft for 1,794 sqft. The unit has 3 registered sales; the first was AED 1,628,345 in May 2011.

What is the rent for unit 703?

AED 110,000 a year on the contract renewed on 14 May 2023. The previous contract, from May 2022, was AED 110,000; the unit has been rented since February 2016.

How big is unit 703?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 7th floor of a 17-storey tower completed in 2014.

What is unit 703 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 703, The Atlantic

Starts from the last sale price (AED 3.63M, 11 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,628,264
Deposit, UAE resident (20%)
AED 725,653
Deposit, non-resident (40%)
AED 1,451,306
Monthly over 25 years at 3.7%
AED 14,844

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