1-bed · 722 sqftWest Avenue Residential Tower, Dubai Marina · 29th floor · completed 2014

2906, West Avenue Residential Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 24 July 2024
Last soldAED 1.42M24 July 2024
Current rentAED 83K /yr24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, West Avenue Residential Tower

What is 2906 worth today?

Last sold for AED 1,420,000 in 2024

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24 Jul 2024SoldReady
AED 1,420,000AED 1,966 per sqft
24 Jun 2022RentedNew contract
AED 82,500/yr24 months · AED 114 per sqft
27 Nov 2021RentedRenewal
AED 66,150/yr12 months · AED 92 per sqft
27 Nov 2020RentedNew contract
AED 63,000/yr12 months · AED 87 per sqft
1 Oct 2019RentedNew contract
AED 84,000/yr12 months · AED 116 per sqft
1 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 153 per sqft
28 Jul 2016RentedNew contract
AED 110,000/yr12 months · AED 153 per sqft
8 Dec 2014SoldReady
AED 1,333,470AED 1,846 per sqft

Source: Dubai Land Department. Updated 24 July 2024.

Key facts

Type
1-bed apartment
Size
722 sqft
Floor
29th of 34
Parking
B2-60
Developer
West Avenue
Completed
2014
Service charge
AED 14,200 /yr
Last sold
AED 1.42M · July 2024

About 2906, West Avenue Residential Tower

2906 is a one-bedroom apartment of 722 sqft on the 29th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 24 July 2024 for AED 1,420,000, or AED 1,966 per sqft, 10% above the AED 1,789 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 24 June 2022, is AED 82,500 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 14,200 a year.

Sales and rents for 2906 over time

Sales
Unit 2906, 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 1,333,470 (AED 1,846 per sqft)Sold, December 2014: AED 1,333,470 (AED 1,846 per sqft)Sold, July 2024: AED 1,420,000 (AED 1,966 per sqft)

2906 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2906, 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, November 2014: AED 110,000 a yearNew contract, July 2016: AED 110,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, October 2019: AED 84,000 a yearNew contract, November 2020: AED 63,000 a yearRenewal, November 2021: AED 66,150 a yearNew contract, June 2022: AED 82,500 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 2906 sits

All 150 1-beds →

2906 last sold in July 2024 at AED 1,966 per sqft, 10% above what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,789). 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. 2906's AED 82,500 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
29012-bedAED 2.7M · Dec 2014
29021-bedAED 1.18M · Nov 2014
29031-bedAED 1.6M · Sep 2026
29042-bedAED 2.03M · Dec 2014
29052-bedAED 2.24M · Dec 2014
29071-bedAED 1.42M · Aug 2023
29082-bedAED 1.87M · Dec 2014

2906, West Avenue Residential Tower in numbers

  • Sold 3 times: first on 5 June 2013 for AED 1,333,470, last on 24 July 2024 for AED 1,420,000 (AED 1,966 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 63,000 in 2020 and recovered to AED 82,500 by June 2022.
  • At AED 82,500 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 14,200 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 24 July 2024.

Questions about 2906, West Avenue Residential Tower

What did unit 2906 last sell for?

AED 1,420,000 on 24 July 2024: AED 1,966 per sqft for 722 sqft. The unit has 3 registered sales; the first was AED 1,333,470 in June 2013.

What is the rent for unit 2906?

AED 82,500 a year on the contract signed on 24 June 2022. The previous contract, from November 2021, was AED 66,150; the unit has been rented since November 2014.

How big is unit 2906?

722 sqft (67.1 sqm): a one-bedroom apartment on the 29th floor of a 34-storey tower completed in 2014.

What is unit 2906 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 2906, West Avenue Residential Tower

Starts from the last sale price (AED 1.42M, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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