1-bed · 789 sqftWest Avenue Residential Tower, Dubai Marina · 12th floor · completed 2014

1201, West Avenue Residential Tower

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 23 April 2023
Last soldAED 1.18M9 December 2014
Current rentAED 112K /yr23 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, West Avenue Residential Tower

What is 1201 worth today?

Last sold for AED 1,181,539 in 2014

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23 Apr 2023RentedRenewal
AED 112,000/yr12 months · AED 142 per sqft
23 Apr 2021RentedRenewal
AED 102,000/yr12 months · AED 129 per sqft
23 Apr 2020RentedNew contract
AED 102,000/yr12 months · AED 129 per sqft
23 Apr 2019RentedNew contract
AED 110,000/yr12 months · AED 140 per sqft
9 Dec 2014SoldReady
AED 1,181,539AED 1,498 per sqft
18 Apr 2013Sold by developerOff-plan
AED 1,181,539AED 1,498 per sqft

Source: Dubai Land Department. Updated 23 April 2023.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
12th of 34
Parking
B2-69
Developer
West Avenue
Completed
2014
Service charge
AED 15,600 /yr
Last sold
AED 1.18M · December 2014

About 1201, West Avenue Residential Tower

1201 is a one-bedroom apartment of 789 sqft on the 12th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 9 December 2014 for AED 1,181,539, or AED 1,498 per sqft, 7% below the AED 1,611 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 23 April 2023, is AED 112,000 a year: a gross yield of 9.5% on the 2014 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical one-bed in West Avenue Residential Tower
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,139,824; 2014 AED 1,185,817; 2015 AED 1,585,375; 2016 AED 1,315,000; 2017 AED 1,525,000; 2018 AED 1,210,000; 2019 AED 1,037,500; 2020 AED 942,500; 2021 AED 1,012,500; 2022 AED 1,172,500; 2023 AED 1,265,000; 2024 AED 1,400,000; 2025 AED 1,420,000; 2026 AED 1,450,000Sold by developer, April 2013: AED 1,181,539 (AED 1,498 per sqft)Sold, December 2014: AED 1,181,539 (AED 1,498 per sqft)

1201 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, each contractTypical one-bed in West Avenue Residential Tower
80K100K2014201820222026Typical rent by year: 2014 AED 107,500; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 103,500; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 75,000; 2023 AED 84,000; 2024 AED 97,000; 2025 AED 97,000; 2026 AED 85,000New contract, April 2019: AED 110,000 a yearNew contract, April 2020: AED 102,000 a yearRenewal, April 2021: AED 102,000 a yearRenewal, April 2023: AED 112,000 a year

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

1-beds in West Avenue Residential Tower, and where 1201 sits

All 150 1-beds →

1201 last sold in December 2014 at AED 1,498 per sqft, 7% below what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,611). Over the last 12 months one-beds sold for AED 1,226,899 to 1,650,000, around AED 2,022 per sqft, and rent for AED 60,000 to 137,000 a year. 1201's AED 112,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,300,000
25 Sep 20261,226,899
24 Sep 20261,600,000
27 Jul 202610,437
10 1-bed sales in the last 12 months

West Avenue Residential Tower

Building

271 apartments, studios to 4-bed over 34 floors in Dubai Marina, completed in 2014 by West Avenue. 17 sold in the last 12 months.

Typical price per sqft
AED 2,063 Up 9.1%
Typical sale
AED 1.45M
Typical rent
AED 90K /yr
Typical yield
5.8%
West Avenue Residential Tower, Dubai Marina: prices, sales and rents →
Value
12021-bedAED 1.04M · Nov 2014
12031-bedAED 1.55M · Nov 2014
12042-bedAED 2.15M · May 2025
12052-bedAED 2.08M · Nov 2014
12061-bedAED 1.02M · Dec 2014
12071-bedAED 1.47M · Nov 2014
12082-bedAED 2.13M · Oct 2023
1–7 of 8

1201, West Avenue Residential Tower in numbers

  • Sold twice: first on 18 April 2013 for AED 1,181,539, last on 9 December 2014 for AED 1,181,539 (AED 1,498 per sqft).
  • Rented since April 2019 on 4 Ejari contracts, from AED 110,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2014 price is 9.5%, before a service charge of about AED 15,600 a year (AED 19.72 per sqft).
  • One-beds in West Avenue Residential Tower sold for AED 1,226,899–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,063 per sqft.

Source: Dubai Land Department. Updated 23 April 2023.

Questions about 1201, West Avenue Residential Tower

What did unit 1201 last sell for?

AED 1,181,539 on 9 December 2014: AED 1,498 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 1,181,539 in April 2013.

What is the rent for unit 1201?

AED 112,000 a year on the contract renewed on 23 April 2023. The previous contract, from April 2021, was AED 102,000; the unit has been rented since April 2019.

How big is unit 1201?

789 sqft (73.3 sqm): a one-bedroom apartment on the 12th floor of a 34-storey tower completed in 2014.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in West Avenue Residential Tower sold for AED 1,226,899 to 1,650,000 in the last 12 months, around AED 2,022 per sqft.

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Mortgage on 1201, West Avenue Residential Tower

Starts from the last sale price (AED 1.18M, 9 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,181,539
Deposit, UAE resident (20%)
AED 236,308
Deposit, non-resident (40%)
AED 472,616
Monthly over 25 years at 3.7%
AED 4,834

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