1-bed · 789 sqftWest Avenue Residential Tower, Dubai Marina · 17th floor · completed 2014

1701, West Avenue Residential Tower

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

Unit 1701 · DLD and Ejari recordsUpdated 18 August 2023
Last soldAED 1.5M18 August 2023
Current rentAED 110K /yr26 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, West Avenue Residential Tower

What is 1701 worth today?

Last sold for AED 1,500,000 in 2023

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18 Aug 2023SoldReady
AED 1,500,000AED 1,902 per sqft
10 Nov 2019SoldReady
AED 1,025,000AED 1,299 per sqft
26 Aug 2016RentedNew contract
AED 110,000/yr12 months · AED 140 per sqft
26 Nov 2015RentedNew contract
AED 119,000/yr12 months · AED 151 per sqft
8 Dec 2014SoldReady
AED 1,184,180AED 1,501 per sqft
4 Apr 2013Sold by developerOff-plan
AED 1,184,180AED 1,501 per sqft

Source: Dubai Land Department. Updated 18 August 2023.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
17th of 34
Parking
B2-101
Developer
West Avenue
Completed
2014
Service charge
AED 15,600 /yr
Last sold
AED 1.5M · August 2023

About 1701, West Avenue Residential Tower

1701 is a one-bedroom apartment of 789 sqft on the 17th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 18 August 2023 for AED 1,500,000, or AED 1,902 per sqft, 8% above the AED 1,767 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 26 August 2016, is AED 110,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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 1,184,180 (AED 1,501 per sqft)Sold, December 2014: AED 1,184,180 (AED 1,501 per sqft)Sold, November 2019: AED 1,025,000 (AED 1,299 per sqft)Sold, August 2023: AED 1,500,000 (AED 1,902 per sqft)

1701 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1701, each contractTypical one-bed in West Avenue Residential Tower
75K100K125K2014201820222026Typical 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, November 2015: AED 119,000 a yearNew contract, August 2016: AED 110,000 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 1701 sits

All 150 1-beds →

1701 last sold in August 2023 at AED 1,902 per sqft, 8% above what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,767). 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. 1701's AED 110,000 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
17021-bedAED 1.5M · Feb 2020
17031-bedAED 1.15M · Feb 2015
17042-bedAED 1.8M · Sep 2021
17052-bedAED 2.1M · Dec 2014
17061-bedAED 1.7M · Jan 2015
17071-bedAED 998K · Dec 2014
17082-bedAED 2.3M · Jul 2025
1–7 of 8

1701, West Avenue Residential Tower in numbers

  • Sold 4 times: first on 4 April 2013 for AED 1,184,180, last on 18 August 2023 for AED 1,500,000 (AED 1,902 per sqft).
  • Rented since November 2015 on 2 Ejari contracts, from AED 119,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 7.3%, 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 18 August 2023.

Questions about 1701, West Avenue Residential Tower

What did unit 1701 last sell for?

AED 1,500,000 on 18 August 2023: AED 1,902 per sqft for 789 sqft. The unit has 4 registered sales; the first was AED 1,184,180 in April 2013.

What is the rent for unit 1701?

AED 110,000 a year on the contract signed on 26 August 2016. The previous contract, from November 2015, was AED 119,000.

How big is unit 1701?

789 sqft (73.3 sqm): a one-bedroom apartment on the 17th floor of a 34-storey tower completed in 2014.

What is unit 1701 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 1701, West Avenue Residential Tower

Starts from the last sale price (AED 1.5M, 18 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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