2-bed · 1,262 sqftWest Avenue Residential Tower, Dubai Marina · 26th floor · completed 2014

2604, West Avenue Residential Tower

Sold prices and rental history: sold 4 times, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2604 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 1.58M24 November 2014
Current rentAED 145K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2604, West Avenue Residential Tower

What is 2604 worth today?

Last sold for AED 1,575,000 in 2014

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1 Apr 2023RentedNew contract
AED 145,000/yr12 months · AED 115 per sqft
22 May 2022RentedRenewal
AED 144,000/yr12 months · AED 114 per sqft
22 May 2021RentedRenewal
AED 144,000/yr12 months · AED 114 per sqft
22 May 2020RentedRenewal
AED 144,000/yr12 months · AED 114 per sqft
22 May 2019RentedNew contract
AED 185,000/yr12 months · AED 147 per sqft
15 Jul 2018RentedRenewal
AED 145,000/yr12 months · AED 115 per sqft
15 Oct 2017RentedRenewal
AED 150,000/yr9 months · AED 119 per sqft
15 Oct 2016RentedNew contract
AED 155,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
2-bed apartment
Size
1,262 sqft
Floor
26th of 34
Parking
G-9
Developer
West Avenue
Completed
2014
Service charge
AED 24,900 /yr
Last sold
AED 1.58M · November 2014

About 2604, West Avenue Residential Tower

2604 is a two-bedroom apartment of 1,262 sqft on the 26th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 24 November 2014 for AED 1,575,000, or AED 1,248 per sqft, 40% below the AED 2,082 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 April 2023, is AED 145,000 a year: a gross yield of 9.2% on the 2014 price, before the service charge of about AED 24,900 a year.

Sales and rents for 2604 over time

Sales
Unit 2604, 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, July 2013: AED 2,095,903 (AED 1,661 per sqft)Sold, December 2013: AED 2,559,000 (AED 2,028 per sqft)Sold, November 2014: AED 1,575,000 (AED 1,248 per sqft)Sold, November 2014: AED 2,559,000 (AED 2,028 per sqft)

2604 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2604, each contractTypical two-bed in West Avenue Residential Tower
100K150K200K2014201820222026Typical 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 180,000 a yearNew contract, October 2016: AED 155,000 a yearRenewal, October 2017: AED 150,000 a yearRenewal, July 2018: AED 145,000 a yearNew contract, May 2019: AED 185,000 a yearRenewal, May 2020: AED 144,000 a yearRenewal, May 2021: AED 144,000 a yearRenewal, May 2022: AED 144,000 a yearNew contract, April 2023: AED 145,000 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 2604 sits

All 96 2-beds →

2604 last sold in November 2014 at AED 1,248 per sqft, 40% below what two-beds in West Avenue Residential Tower were fetching at the time (AED 2,082). 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. 2604's AED 145,000 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
26012-bedAED 1.94M · Dec 2014
26021-bedAED 1.35M · Feb 2016
26031-bedAED 1.4M · Feb 2018
26052-bedAED 2.4M · Feb 2017
26061-bedAED 1.32M · Dec 2014
26071-bedAED 1.23M · Dec 2014
26082-bedAED 1.85M · Dec 2014

2604, West Avenue Residential Tower in numbers

  • Sold 4 times: first on 25 July 2013 for AED 2,095,903, last on 24 November 2014 for AED 1,575,000 (AED 1,248 per sqft).
  • Rented since October 2014 on 9 Ejari contracts, from AED 180,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2014 price is 9.2%, before a service charge of about AED 24,900 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 1 April 2023.

Questions about 2604, West Avenue Residential Tower

What did unit 2604 last sell for?

AED 1,575,000 on 24 November 2014: AED 1,248 per sqft for 1,262 sqft. The unit has 4 registered sales; the first was AED 2,095,903 in July 2013.

What is the rent for unit 2604?

AED 145,000 a year on the contract signed on 1 April 2023. The previous contract, from May 2022, was AED 144,000; the unit has been rented since October 2014.

How big is unit 2604?

1,262 sqft (117.2 sqm): a two-bedroom apartment on the 26th floor of a 34-storey tower completed in 2014.

What is unit 2604 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 2604, West Avenue Residential Tower

Starts from the last sale price (AED 1.58M, 24 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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