2-bed · 1,331 sqftWest Avenue Residential Tower, Dubai Marina · 22nd floor · completed 2014

2205, West Avenue Residential Tower

Sold prices and rental history: sold 3 times, last in December 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2205 · DLD and Ejari recordsUpdated 22 December 2016
Last soldAED 2.52M22 December 2016
Current rentAED 173K /yr15 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2205, West Avenue Residential Tower

What is 2205 worth today?

Last sold for AED 2,520,000 in 2016

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22 Dec 2016SoldReady
AED 2,520,000AED 1,893 per sqft
15 Oct 2015RentedRenewal
AED 173,000/yr12 months · AED 130 per sqft
8 Dec 2014SoldReady
AED 2,150,085AED 1,615 per sqft
15 Oct 2014RentedNew contract
AED 173,000/yr12 months · AED 130 per sqft
9 Jun 2013Sold by developerOff-plan
AED 2,150,085AED 1,615 per sqft

Source: Dubai Land Department. Updated 22 December 2016.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
22nd of 34
Parking
B1-82
Developer
West Avenue
Completed
2014
Service charge
AED 26,200 /yr
Last sold
AED 2.52M · December 2016

About 2205, West Avenue Residential Tower

2205 is a two-bedroom apartment of 1,331 sqft on the 22nd floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 22 December 2016 for AED 2,520,000, or AED 1,893 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 15 October 2015, is AED 173,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 26,200 a year.

Sales and rents for 2205 over time

Sales
Unit 2205, 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 2,150,085 (AED 1,615 per sqft)Sold, December 2014: AED 2,150,085 (AED 1,615 per sqft)Sold, December 2016: AED 2,520,000 (AED 1,893 per sqft)

2205 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2205, 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, October 2014: AED 173,000 a yearRenewal, October 2015: AED 173,000 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 2205 sits

All 96 2-beds →

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. 2205's AED 173,000 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
22011-bedAED 1.4M · Dec 2014
22021-bedAED 1.45M · Dec 2025
22031-bedAED 1.23M · Dec 2014
22042-bedAED 2.01M · Dec 2014
22061-bedAED 1.23M · Sep 2026
22071-bedAED 1.14M · Dec 2014
22082-bedAED 1.84M · Dec 2014
1–7 of 8

2205, West Avenue Residential Tower in numbers

  • Sold 3 times: first on 9 June 2013 for AED 2,150,085, last on 22 December 2016 for AED 2,520,000 (AED 1,893 per sqft).
  • Rented since October 2014 on 2 Ejari contracts, at AED 173,000 a year.
  • At AED 173,000 a year the gross yield on the 2016 price is 6.9%, 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 2016.

Questions about 2205, West Avenue Residential Tower

What did unit 2205 last sell for?

AED 2,520,000 on 22 December 2016: AED 1,893 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 2,150,085 in June 2013.

What is the rent for unit 2205?

AED 173,000 a year on the contract renewed on 15 October 2015. The previous contract, from October 2014, was AED 173,000.

How big is unit 2205?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 22nd floor of a 34-storey tower completed in 2014.

What is unit 2205 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 2205, West Avenue Residential Tower

Starts from the last sale price (AED 2.52M, 22 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,520,000
Deposit, UAE resident (20%)
AED 504,000
Deposit, non-resident (40%)
AED 1,008,000
Monthly over 25 years at 3.7%
AED 10,310

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