2-bed · 1,333 sqftWest Avenue Residential Tower, Dubai Marina · 27th floor · completed 2014

2705, West Avenue Residential Tower

Sold prices and rental history: sold 3 times, last in December 2014, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 15 September 2021
Last soldAED 2.83M8 December 2014
Current rentAED 120K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, West Avenue Residential Tower

What is 2705 worth today?

Last sold for AED 2,831,839 in 2014

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15 Sep 2021RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
8 Dec 2014SoldReady
AED 2,831,839AED 2,125 per sqft
5 Jun 2014SoldOff-plan
AED 2,831,839AED 2,125 per sqft
5 Jun 2013Sold by developerOff-plan
AED 2,119,606AED 1,590 per sqft

Source: Dubai Land Department. Updated 15 September 2021.

Key facts

Type
2-bed apartment
Size
1,333 sqft
Floor
27th of 34
Parking
G-19
Developer
West Avenue
Completed
2014
Service charge
AED 26,300 /yr
Last sold
AED 2.83M · December 2014

About 2705, West Avenue Residential Tower

2705 is a two-bedroom apartment of 1,333 sqft on the 27th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 8 December 2014 for AED 2,831,839, or AED 2,125 per sqft, 31% above the AED 1,620 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2021. The current contract, signed on 15 September 2021, is AED 120,000 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 26,300 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, 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, June 2013: AED 2,119,606 (AED 1,590 per sqft)Sold, June 2014: AED 2,831,839 (AED 2,125 per sqft)Sold, December 2014: AED 2,831,839 (AED 2,125 per sqft)

2705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2705, 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, September 2021: AED 120,000 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 2705 sits

All 96 2-beds →

2705 last sold in December 2014 at AED 2,125 per sqft, 31% above what two-beds in West Avenue Residential Tower were fetching at the time (AED 1,620). 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. 2705's AED 120,000 is in the lower 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
27012-bedAED 2.8M · Nov 2014
27021-bedAED 1.48M · Dec 2014
27031-bedAED 1.31M · Dec 2014
27042-bedAED 2.9M · Dec 2014
27061-bedAED 1.65M · Mar 2026
27071-bedAED 1.24M · Dec 2014
27082-bedAED 1.15M · Oct 2019

2705, West Avenue Residential Tower in numbers

  • Sold 3 times: first on 5 June 2013 for AED 2,119,606, last on 8 December 2014 for AED 2,831,839 (AED 2,125 per sqft).
  • Rented since September 2021 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2014 price is 4.2%, before a service charge of about AED 26,300 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 15 September 2021.

Questions about 2705, West Avenue Residential Tower

What did unit 2705 last sell for?

AED 2,831,839 on 8 December 2014: AED 2,125 per sqft for 1,333 sqft. The unit has 3 registered sales; the first was AED 2,119,606 in June 2013.

What is the rent for unit 2705?

AED 120,000 a year on the contract signed on 15 September 2021.

How big is unit 2705?

1,333 sqft (123.8 sqm): a two-bedroom apartment on the 27th floor of a 34-storey tower completed in 2014.

What is unit 2705 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 2705, West Avenue Residential Tower

Starts from the last sale price (AED 2.83M, 8 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,831,839
Deposit, UAE resident (20%)
AED 566,368
Deposit, non-resident (40%)
AED 1,132,736
Monthly over 25 years at 3.7%
AED 11,586

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