1-bed · 738 sqftWest Avenue Residential Tower, Dubai Marina · 2nd floor · completed 2014

203, West Avenue Residential Tower

Sold prices and rental history: sold 5 times, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 5 July 2022
Last soldAED 1.12M5 July 2022
Current rentAED 65K /yr22 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, West Avenue Residential Tower

What is 203 worth today?

Last sold for AED 1,122,000 in 2022

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5 Jul 2022SoldReady
AED 1,122,000AED 1,519 per sqft
8 Apr 2022SoldReady
AED 924,000AED 1,251 per sqft
22 Jan 2020RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
18 Oct 2018RentedNew contract
AED 78,000/yr12 months · AED 105 per sqft
12 Jul 2018SoldReady
AED 1,100,000AED 1,489 per sqft
11 Sep 2016RentedNew contract
AED 100,000/yr12 months · AED 135 per sqft
11 Sep 2015RentedRenewal
AED 100,000/yr12 months · AED 135 per sqft
26 Nov 2014SoldReady
AED 1,078,780AED 1,460 per sqft

Source: Dubai Land Department. Updated 5 July 2022.

Key facts

Type
1-bed apartment
Size
738 sqft
Floor
2nd of 34
Parking
B2-12
Developer
West Avenue
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 1.12M · July 2022

About 203, West Avenue Residential Tower

203 is a one-bedroom apartment of 738 sqft on the 2nd floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 5 July 2022 for AED 1,122,000, or AED 1,519 per sqft, in line with the AED 1,550 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 22 January 2020, is AED 65,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 14,600 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, June 2013: AED 1,078,780 (AED 1,460 per sqft)Sold, November 2014: AED 1,078,780 (AED 1,460 per sqft)Sold, July 2018: AED 1,100,000 (AED 1,489 per sqft)Sold, April 2022: AED 924,000 (AED 1,251 per sqft)Sold, July 2022: AED 1,122,000 (AED 1,519 per sqft)

203 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, 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, September 2014: AED 100,000 a yearRenewal, September 2015: AED 100,000 a yearNew contract, September 2016: AED 100,000 a yearNew contract, October 2018: AED 78,000 a yearNew contract, January 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 203 sits

All 150 1-beds →

203 last sold in July 2022 at AED 1,519 per sqft, in line with what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,550). 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. 203'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
2011-bedAED 1.21M · Nov 2023
2021-bedAED 1.25M · Sep 2023
2041-bedAED 1.15M · Sep 2022
2051-bedAED 44K · Jul 2026
2061-bedAED 10K · Jul 2026
2071-bedAED 1.29M · Jul 2024

203, West Avenue Residential Tower in numbers

  • Sold 5 times: first on 5 June 2013 for AED 1,078,780, last on 5 July 2022 for AED 1,122,000 (AED 1,519 per sqft).
  • Rented since September 2014 on 5 Ejari contracts, from AED 100,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 14,600 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 5 July 2022.

Questions about 203, West Avenue Residential Tower

What did unit 203 last sell for?

AED 1,122,000 on 5 July 2022: AED 1,519 per sqft for 738 sqft. The unit has 5 registered sales; the first was AED 1,078,780 in June 2013.

What is the rent for unit 203?

AED 65,000 a year on the contract signed on 22 January 2020. The previous contract, from October 2018, was AED 78,000; the unit has been rented since September 2014.

How big is unit 203?

738 sqft (68.6 sqm): a one-bedroom apartment on the 2nd floor of a 34-storey tower completed in 2014.

What is unit 203 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 203, West Avenue Residential Tower

Starts from the last sale price (AED 1.12M, 5 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,122,000
Deposit, UAE resident (20%)
AED 224,400
Deposit, non-resident (40%)
AED 448,800
Monthly over 25 years at 3.7%
AED 4,590

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