2-bed · 1,507 sqftThe Belvedere, Dubai Marina · 1st floor · completed 2010

103, The Belvedere

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 934K29 April 2009
Current rentAED 65K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, The Belvedere

What is 103 worth today?

Last sold for AED 934,340 in 2009

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1 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
1 Feb 2021RentedNew contract
AED 53,000/yr12 months · AED 35 per sqft
1 Nov 2017RentedNew contract
AED 100,270/yr12 months · AED 67 per sqft
1 Nov 2014RentedNew contract
AED 130,000/yr12 months · AED 86 per sqft
15 Jun 2013RentedNew contract
AED 89,000/yr12 months · AED 59 per sqft
29 Apr 2009Sold by developerReady
AED 934,340AED 620 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type
2-bed apartment
Size
1,507 sqft
Floor
1st of 6
Parking
09
Developer
ETA Star Property Developers
Completed
2010
Service charge
AED 18,100 /yr
Last sold
AED 934K · April 2009

About 103, The Belvedere

103 is a two-bedroom apartment of 1,507 sqft on the 1st floor of The Belvedere, a 6-storey tower in Dubai Marina completed in 2010 by ETA Star Property Developers. The developer sold it on 29 April 2009 for AED 934,340, or AED 620 per sqft, 5% below the AED 650 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 March 2022, is AED 65,000 a year: a gross yield of 7.0% on the 2009 price, before the service charge of about AED 18,100 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in The Belvedere
1M1.5M2007201220172022Typical sale price by year: 2007 AED 956,159; 2008 AED 921,875; 2009 AED 749,850; 2012 AED 850,080; 2013 AED 1,121,000; 2014 AED 1,671,800; 2015 AED 1,500,000; 2021 AED 824,000; 2022 AED 952,500; 2024 AED 1,450,000; 2025 AED 1,402,500Sold by developer, April 2009: AED 934,340 (AED 620 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in The Belvedere
50K100K2013201720212025Typical rent by year: 2013 AED 85,500; 2014 AED 114,625; 2015 AED 125,000; 2016 AED 125,508; 2017 AED 105,135; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 72,000; 2021 AED 60,500; 2022 AED 80,000; 2023 AED 90,000; 2024 AED 105,800; 2025 AED 113,000; 2026 AED 105,000New contract, June 2013: AED 89,000 a yearNew contract, November 2014: AED 130,000 a yearNew contract, November 2017: AED 100,270 a yearNew contract, February 2021: AED 53,000 a yearNew contract, March 2022: AED 65,000 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 Belvedere, and where 103 sits

All 28 2-beds →

103 last sold in April 2009 at AED 620 per sqft, 5% below what two-beds in The Belvedere were fetching at the time (AED 650). Over the last 12 months two-beds sold for AED 1,430,000, around AED 955 per sqft, and rent for AED 90,000 to 280,000 a year. 103's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Nov 20251,430,000
13 May 20251,670,000
27 Jan 20251,375,000
27 Jan 20251,300,000
1 2-bed sale in the last 12 months

The Belvedere

Building

60 apartments, 1-bed to 3-bed over 6 floors in Dubai Marina, completed in 2010 by ETA Star Property Developers. 2 sold in the last 12 months.

Typical price per sqft
AED 987
Typical sale
AED 1.34M
Typical rent
AED 102K /yr
Typical yield
7.7%
The Belvedere, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 60 units in The Belvedere
Value
1011-bedAED 1.25M · Jul 2026
1022-bedAED 1.4M · Jul 2013
1043-bedAED 992K · Jan 2008
1052-bedAED 1.3M · Jan 2025
1062-bedAED 1.43M · Jan 2016
1071-bedAED 1.2M · Aug 2014
1081-bedAED 343K · Feb 2008
1–7 of 8

103, The Belvedere in numbers

  • Sold once: by ETA Star Property Developers on 29 April 2009 for AED 934,340, or AED 620 per sqft.
  • Rented since June 2013 on 5 Ejari contracts. The rent fell from AED 89,000 to AED 53,000 in 2021 and recovered to AED 65,000 by March 2022.
  • At AED 65,000 a year the gross yield on the 2009 price is 7.0%, before a service charge of about AED 18,100 a year (AED 12.00 per sqft).
  • Two-beds in The Belvedere sold for AED 1,430,000–1,430,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 1 March 2022.

Questions about 103, The Belvedere

What did unit 103 last sell for?

AED 934,340 on 29 April 2009, sold by the developer: AED 620 per sqft for 1,507 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 65,000 a year on the contract signed on 1 March 2022. The previous contract, from February 2021, was AED 53,000; the unit has been rented since June 2013.

How big is unit 103?

1,507 sqft (140.0 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2010.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Belvedere sold for AED 1,430,000 to 1,430,000 in the last 12 months, around AED 955 per sqft.

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Mortgage on 103, The Belvedere

Starts from the last sale price (AED 934K, 29 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 934,340
Deposit, UAE resident (20%)
AED 186,868
Deposit, non-resident (40%)
AED 373,736
Monthly over 25 years at 3.7%
AED 3,823

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