3-bed · 2,734 sqftThe Belvedere, Dubai Marina · 2nd floor · completed 2010

204, The Belvedere

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

Unit 204 · DLD and Ejari recordsUpdated 1 October 2014
Last soldAED 1.16M3 October 2013
Current rentAED 170K /yr1 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, The Belvedere

What is 204 worth today?

Last sold for AED 1,161,965 in 2013

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1 Oct 2014RentedNew contract
AED 170,000/yr12 months · AED 62 per sqft
3 Oct 2013Sold by developerReady
AED 1,161,965AED 425 per sqft
12 Feb 2013RentedNew contract
AED 120,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 1 October 2014.

Key facts

Type
3-bed apartment
Size
2,734 sqft
Floor
2nd of 6
Parking
23 & 13 OP
Developer
ETA Star Property Developers
Completed
2010
Service charge
AED 32,800 /yr
Last sold
AED 1.16M · October 2013

About 204, The Belvedere

204 is a three-bedroom apartment of 2,734 sqft on the 2nd floor of The Belvedere, a 6-storey tower in Dubai Marina completed in 2010 by ETA Star Property Developers. The developer sold it on 3 October 2013 for AED 1,161,965, or AED 425 per sqft, 21% below the AED 539 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 October 2014, is AED 170,000 a year: a gross yield of 14.6% on the 2013 price, before the service charge of about AED 32,800 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical three-bed in The Belvedere
1.2M1.4M2008201020122014Typical sale price by year: 2008 AED 1,470,000; 2013 AED 1,475,000Sold by developer, October 2013: AED 1,161,965 (AED 425 per sqft)

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

Rents
Unit 204, each contractTypical three-bed in The Belvedere
100K150K200K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 170,000; 2015 AED 149,500; 2016 AED 171,925; 2017 AED 145,000; 2018 AED 125,000; 2019 AED 105,000; 2020 AED 90,000; 2022 AED 110,000; 2024 AED 157,000; 2025 AED 199,750New contract, February 2013: AED 120,000 a yearNew contract, October 2014: AED 170,000 a year

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

3-beds in The Belvedere, and where 204 sits

All 7 3-beds →

204 last sold in October 2013 at AED 425 per sqft, 21% below what three-beds in The Belvedere were fetching at the time (AED 539). 204's AED 170,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Nov 20242,400,000
20 Oct 20201,550,000
17 Mar 20201,177,600
24 Feb 20131,700,000
0 3-bed sales 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 2nd floor

All 60 units in The Belvedere
Value
2011-bedAED 675K · Jan 2020
2022-bedAED 525K · Sep 2022
2032-bedAED 957K · Jan 2008
2052-bedAED 750K · Jun 2014
2062-bedAED 949K · Jan 2008
2071-bedAED 1.07M · Feb 2014
2081-bedAED 780K · Aug 2013
1–7 of 8

204, The Belvedere in numbers

  • Sold once: by ETA Star Property Developers on 3 October 2013 for AED 1,161,965, or AED 425 per sqft.
  • Rented since February 2013 on 2 Ejari contracts, from AED 120,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2013 price is 14.6%, before a service charge of about AED 32,800 a year (AED 12.00 per sqft).

Source: Dubai Land Department. Updated 1 October 2014.

Questions about 204, The Belvedere

What did unit 204 last sell for?

AED 1,161,965 on 3 October 2013, sold by the developer: AED 425 per sqft for 2,734 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 170,000 a year on the contract signed on 1 October 2014. The previous contract, from February 2013, was AED 120,000.

How big is unit 204?

2,734 sqft (254.0 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2010.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 204, The Belvedere

Starts from the last sale price (AED 1.16M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,161,965
Deposit, UAE resident (20%)
AED 232,393
Deposit, non-resident (40%)
AED 464,786
Monthly over 25 years at 3.7%
AED 4,754

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