2-bed · 1,331 sqftWest Avenue Residential Tower, Dubai Marina · 23rd floor · completed 2014

2305, West Avenue Residential Tower

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 2.45M13 September 2024
Current rentAED 135K /yr5 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, West Avenue Residential Tower

What is 2305 worth today?

Last sold for AED 2,450,000 in 2024

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13 Sep 2024SoldReady
AED 2,450,000AED 1,840 per sqft
5 May 2023RentedRenewal
AED 135,000/yr24 months · AED 101 per sqft
5 May 2021RentedNew contract
AED 105,000/yr24 months · AED 79 per sqft
15 Apr 2021SoldReady
AED 1,500,000AED 1,126 per sqft
5 May 2020RentedRenewal
AED 115,000/yr12 months · AED 86 per sqft
5 May 2019RentedRenewal
AED 130,000/yr12 months · AED 98 per sqft
5 May 2018RentedRenewal
AED 145,000/yr12 months · AED 109 per sqft
5 May 2017RentedRenewal
AED 160,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 13 September 2024.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
23rd of 34
Parking
B1-90
Developer
West Avenue
Completed
2014
Service charge
AED 26,200 /yr
Last sold
AED 2.45M · September 2024

About 2305, West Avenue Residential Tower

2305 is a two-bedroom apartment of 1,331 sqft on the 23rd floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 13 September 2024 for AED 2,450,000, or AED 1,840 per sqft, 6% above the AED 1,733 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 5 May 2023, is AED 135,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 26,200 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical two-bed in West Avenue Residential Tower
1M2M3M2013201720212025Typical 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, August 2013: AED 2,197,468 (AED 1,650 per sqft)Sold, September 2014: AED 3,000,000 (AED 2,253 per sqft)Sold, December 2014: AED 3,000,000 (AED 2,253 per sqft)Sold, April 2021: AED 1,500,000 (AED 1,126 per sqft)Sold, September 2024: AED 2,450,000 (AED 1,840 per sqft)

2305 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2305, 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, May 2015: AED 160,000 a yearNew contract, May 2016: AED 160,000 a yearRenewal, May 2017: AED 160,000 a yearRenewal, May 2018: AED 145,000 a yearRenewal, May 2019: AED 130,000 a yearRenewal, May 2020: AED 115,000 a yearNew contract, May 2021: AED 105,000 a yearRenewal, May 2023: AED 135,000 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 2305 sits

All 96 2-beds →

2305 last sold in September 2024 at AED 1,840 per sqft, 6% above what two-beds in West Avenue Residential Tower were fetching at the time (AED 1,733). 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. 2305's AED 135,000 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
23011-bedAED 1.8M · Nov 2014
23021-bedAED 1.52M · Sep 2015
23031-bedAED 1.41M · Jun 2018
23042-bedAED 1.88M · Sep 2021
23061-bedAED 1.4M · Jul 2024
23071-bedAED 1.17M · Apr 2022
23082-bedAED 1.83M · Dec 2014
1–7 of 8

2305, West Avenue Residential Tower in numbers

  • Sold 5 times: first on 25 August 2013 for AED 2,197,468, last on 13 September 2024 for AED 2,450,000 (AED 1,840 per sqft).
  • Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 105,000 in 2021 and recovered to AED 135,000 by May 2023.
  • At AED 135,000 a year the gross yield on the 2024 price is 5.5%, 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 13 September 2024.

Questions about 2305, West Avenue Residential Tower

What did unit 2305 last sell for?

AED 2,450,000 on 13 September 2024: AED 1,840 per sqft for 1,331 sqft. The unit has 5 registered sales; the first was AED 2,197,468 in August 2013.

What is the rent for unit 2305?

AED 135,000 a year on the contract renewed on 5 May 2023. The previous contract, from May 2021, was AED 105,000; the unit has been rented since May 2015.

How big is unit 2305?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2014.

What is unit 2305 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 2305, West Avenue Residential Tower

Starts from the last sale price (AED 2.45M, 13 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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