2-bed · 1,331 sqftWest Avenue Residential Tower, Dubai Marina · 13th floor · completed 2014

1305, West Avenue Residential Tower

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

Unit 1305 · DLD and Ejari recordsUpdated 22 December 2023
Last soldAED 2.08M8 December 2014
Current rentAED 145K /yr22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, West Avenue Residential Tower

What is 1305 worth today?

Last sold for AED 2,081,077 in 2014

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22 Dec 2023RentedNew contract
AED 145,000/yr12 months · AED 109 per sqft
21 Jan 2023RentedRenewal
AED 108,000/yr12 months · AED 81 per sqft
21 Jan 2022RentedRenewal
AED 108,000/yr12 months · AED 81 per sqft
21 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
21 Jan 2020RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
21 Jan 2019RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
21 Jan 2018RentedNew contract
AED 142,000/yr12 months · AED 106 per sqft
10 Jan 2016RentedNew contract
AED 180,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 22 December 2023.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
13th of 34
Parking
B1-35
Developer
West Avenue
Completed
2014
Service charge
AED 26,200 /yr
Last sold
AED 2.08M · December 2014

About 1305, West Avenue Residential Tower

1305 is a two-bedroom apartment of 1,331 sqft on the 13th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 8 December 2014 for AED 2,081,077, or AED 1,563 per sqft, 4% below the AED 1,620 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 22 December 2023, is AED 145,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 26,200 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical two-bed in West Avenue Residential Tower
1M2M2013201720212025Typical sale price by year: 2013 AED 1,981,727; 2014 AED 2,058,582; 2015 AED 2,620,000; 2017 AED 1,950,000; 2018 AED 1,850,000; 2019 AED 1,150,000; 2020 AED 1,295,000; 2021 AED 1,700,000; 2022 AED 1,700,000; 2023 AED 2,200,000; 2024 AED 2,150,000; 2025 AED 2,350,000Sold by developer, June 2013: AED 2,081,077 (AED 1,563 per sqft)Sold, December 2014: AED 2,081,077 (AED 1,563 per sqft)

1305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, each contractTypical two-bed in West Avenue Residential Tower
100K150K2014201820222026Typical rent by year: 2014 AED 170,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 124,615; 2020 AED 100,000; 2021 AED 102,500; 2022 AED 115,000; 2023 AED 135,000; 2024 AED 146,750; 2025 AED 152,125; 2026 AED 140,293New contract, November 2014: AED 170,000 a yearNew contract, January 2016: AED 180,000 a yearNew contract, January 2018: AED 142,000 a yearRenewal, January 2019: AED 130,000 a yearRenewal, January 2020: AED 120,000 a yearNew contract, January 2021: AED 100,000 a yearRenewal, January 2022: AED 108,000 a yearRenewal, January 2023: AED 108,000 a yearNew contract, December 2023: AED 145,000 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 West Avenue Residential Tower, and where 1305 sits

All 96 2-beds →

1305 last sold in December 2014 at AED 1,563 per sqft, 4% below what two-beds in West Avenue Residential Tower were fetching at the time (AED 1,620). Over the last 12 months two-beds sold for AED 2,750,000, around AED 2,063 per sqft, and rent for AED 50,000 to 195,000 a year. 1305's AED 145,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 202639,104
5 Aug 202629,858
15 Jan 20262,750,000
8 Jan 202682,903
5 2-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
13011-bedAED 1.3M · Apr 2023
13021-bedAED 1.56M · Nov 2014
13031-bedAED 1.6M · Nov 2014
13042-bedAED 1.96M · Nov 2014
13061-bedAED 1.27M · May 2023
13071-bedAED 1M · Nov 2014
13082-bedAED 1.79M · Nov 2014
1–7 of 8

1305, West Avenue Residential Tower in numbers

  • Sold twice: first on 24 June 2013 for AED 2,081,077, last on 8 December 2014 for AED 2,081,077 (AED 1,563 per sqft).
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 170,000 to AED 100,000 in 2021 and recovered to AED 145,000 by December 2023.
  • At AED 145,000 a year the gross yield on the 2014 price is 7.0%, before a service charge of about AED 26,200 a year (AED 19.72 per sqft).
  • Two-beds in West Avenue Residential Tower sold for AED 2,750,000–2,750,000 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 22 December 2023.

Questions about 1305, West Avenue Residential Tower

What did unit 1305 last sell for?

AED 2,081,077 on 8 December 2014: AED 1,563 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,081,077 in June 2013.

What is the rent for unit 1305?

AED 145,000 a year on the contract signed on 22 December 2023. The previous contract, from January 2023, was AED 108,000; the unit has been rented since November 2014.

How big is unit 1305?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 13th floor of a 34-storey tower completed in 2014.

What is unit 1305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in West Avenue Residential Tower sold for AED 2,750,000 to 2,750,000 in the last 12 months, around AED 2,063 per sqft.

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Mortgage on 1305, West Avenue Residential Tower

Starts from the last sale price (AED 2.08M, 8 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,081,077
Deposit, UAE resident (20%)
AED 416,215
Deposit, non-resident (40%)
AED 832,431
Monthly over 25 years at 3.7%
AED 8,514

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