2-bed · 1,572 sqftThe Belvedere, Dubai Marina · Ground floor · completed 2010

G02, The Belvedere

Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 1.55M22 May 2024
Current rentAED 69K /yr12 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, The Belvedere

What is G02 worth today?

Last sold for AED 1,550,000 in 2024

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22 May 2024Sold by developerReady
AED 1,550,000AED 986 per sqft
12 Jan 2021RentedRenewal
AED 69,000/yr12 months · AED 44 per sqft
12 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft
12 Sep 2018RentedRenewal
AED 105,000/yr12 months · AED 67 per sqft
12 Sep 2017RentedRenewal
AED 115,000/yr12 months · AED 73 per sqft
15 Sep 2016RentedRenewal
AED 126,016/yr12 months · AED 80 per sqft
15 Sep 2015RentedNew contract
AED 135,000/yr12 months · AED 86 per sqft
15 Feb 2015RentedNew contract
AED 125,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
2-bed apartment
Size
1,572 sqft
Floor
Ground of 6
Parking
04
Developer
ETA Star Property Developers
Completed
2010
Service charge
AED 18,900 /yr
Last sold
AED 1.55M · May 2024

About G02, The Belvedere

G02 is a two-bedroom apartment of 1,572 sqft on the ground floor of The Belvedere, a 6-storey tower in Dubai Marina completed in 2010 by ETA Star Property Developers. The developer sold it on 22 May 2024 for AED 1,550,000, or AED 986 per sqft, 5% above the AED 935 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 12 January 2021, is AED 69,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 18,900 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, May 2024: AED 1,550,000 (AED 986 per sqft)

G02 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G02, 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, February 2014: AED 125,000 a yearNew contract, February 2015: AED 125,000 a yearNew contract, September 2015: AED 135,000 a yearRenewal, September 2016: AED 126,016 a yearRenewal, September 2017: AED 115,000 a yearRenewal, September 2018: AED 105,000 a yearNew contract, January 2020: AED 80,000 a yearRenewal, January 2021: AED 69,000 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 G02 sits

All 28 2-beds →

G02 last sold in May 2024 at AED 986 per sqft, 5% above what two-beds in The Belvedere were fetching at the time (AED 935). 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. G02's AED 69,000 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 ground floor

All 60 units in The Belvedere
Value
G01AED 1.64M · Apr 2025
G032-bedAED 950K · Mar 2022
G043-bedAED 1.55M · Oct 2020
G052-bedAED 1.48M · Jun 2024
G062-bedAED 1.69M · May 2014

G02, The Belvedere in numbers

  • Sold once: by ETA Star Property Developers on 22 May 2024 for AED 1,550,000, or AED 986 per sqft.
  • Rented since February 2014 on 8 Ejari contracts, from AED 125,000 to AED 69,000 a year.
  • At AED 69,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 18,900 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 22 May 2024.

Questions about G02, The Belvedere

What did unit G02 last sell for?

AED 1,550,000 on 22 May 2024, sold by the developer: AED 986 per sqft for 1,572 sqft. It is the only registered sale of the unit.

What is the rent for unit G02?

AED 69,000 a year on the contract renewed on 12 January 2021. The previous contract, from January 2020, was AED 80,000; the unit has been rented since February 2014.

How big is unit G02?

1,572 sqft (146.0 sqm): a two-bedroom apartment on the ground floor of a 6-storey tower completed in 2010.

What is unit G02 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 G02, The Belvedere

Starts from the last sale price (AED 1.55M, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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