1-bed · 722 sqftWest Avenue Residential Tower, Dubai Marina · 13th floor · completed 2014

1306, West Avenue Residential Tower

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 1.27M12 May 2023
Current rentAED 65K /yr30 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, West Avenue Residential Tower

What is 1306 worth today?

Last sold for AED 1,270,000 in 2023

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12 May 2023SoldReady
AED 1,270,000AED 1,758 per sqft
18 Nov 2021SoldReady
AED 1,060,000AED 1,467 per sqft
30 Jul 2020RentedNew contract
AED 65,000/yr12 months · AED 90 per sqft
23 Feb 2019RentedRenewal
AED 90,000/yr12 months · AED 125 per sqft
23 Feb 2018RentedRenewal
AED 97,000/yr12 months · AED 134 per sqft
23 Feb 2017RentedNew contract
AED 105,000/yr12 months · AED 145 per sqft
13 Jan 2016RentedRenewal
AED 105,000/yr12 months · AED 145 per sqft
13 Jan 2015RentedNew contract
AED 105,000/yr12 months · AED 145 per sqft

Source: Dubai Land Department. Updated 12 May 2023.

Key facts

Type
1-bed apartment
Size
722 sqft
Floor
13th of 34
Parking
B2-78
Developer
West Avenue
Completed
2014
Service charge
AED 14,200 /yr
Last sold
AED 1.27M · May 2023

About 1306, West Avenue Residential Tower

1306 is a one-bedroom apartment of 722 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 12 May 2023 for AED 1,270,000, or AED 1,758 per sqft, 5% above the AED 1,670 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 30 July 2020, is AED 65,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, March 2013: AED 1,020,405 (AED 1,412 per sqft)Sold, December 2014: AED 1,020,405 (AED 1,412 per sqft)Sold, November 2021: AED 1,060,000 (AED 1,467 per sqft)Sold, May 2023: AED 1,270,000 (AED 1,758 per sqft)

1306 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1306, each contractTypical one-bed in West Avenue Residential Tower
75K100K2014201820222026Typical 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, January 2015: AED 105,000 a yearRenewal, January 2016: AED 105,000 a yearNew contract, February 2017: AED 105,000 a yearRenewal, February 2018: AED 97,000 a yearRenewal, February 2019: AED 90,000 a yearNew contract, July 2020: AED 65,000 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 1306 sits

All 150 1-beds →

1306 last sold in May 2023 at AED 1,758 per sqft, 5% above what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,670). 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. 1306's AED 65,000 is in the lower 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
13011-bedAED 1.3M · Apr 2023
13021-bedAED 1.56M · Nov 2014
13031-bedAED 1.6M · Nov 2014
13042-bedAED 1.96M · Nov 2014
13052-bedAED 2.08M · Dec 2014
13071-bedAED 1M · Nov 2014
13082-bedAED 1.79M · Nov 2014
1–7 of 8

1306, West Avenue Residential Tower in numbers

  • Sold 4 times: first on 17 March 2013 for AED 1,020,405, last on 12 May 2023 for AED 1,270,000 (AED 1,758 per sqft).
  • Rented since January 2015 on 6 Ejari contracts, from AED 105,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 14,200 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 12 May 2023.

Questions about 1306, West Avenue Residential Tower

What did unit 1306 last sell for?

AED 1,270,000 on 12 May 2023: AED 1,758 per sqft for 722 sqft. The unit has 4 registered sales; the first was AED 1,020,405 in March 2013.

What is the rent for unit 1306?

AED 65,000 a year on the contract signed on 30 July 2020. The previous contract, from February 2019, was AED 90,000; the unit has been rented since January 2015.

How big is unit 1306?

722 sqft (67.1 sqm): a one-bedroom apartment on the 13th floor of a 34-storey tower completed in 2014.

What is unit 1306 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 1306, West Avenue Residential Tower

Starts from the last sale price (AED 1.27M, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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