1-bed · 705 sqftWest Avenue Residential Tower, Dubai Marina · 30th floor · completed 2014

3002, West Avenue Residential Tower

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3002 · DLD and Ejari recordsUpdated 16 June 2022
Last soldAED 1.16M16 June 2022
Current rentAED 65K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, West Avenue Residential Tower

What is 3002 worth today?

Last sold for AED 1,160,000 in 2022

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16 Jun 2022SoldReady
AED 1,160,000AED 1,644 per sqft
1 Jun 2021RentedRenewal
AED 65,000/yr12 months · AED 91 per sqft
1 Jun 2020RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
15 Mar 2020SoldReady
AED 1,000,000AED 1,417 per sqft
19 Nov 2018RentedRenewal
AED 93,000/yr12 months · AED 131 per sqft
19 Nov 2017RentedNew contract
AED 95,000/yr12 months · AED 134 per sqft
9 Dec 2014SoldReady
AED 1,257,546AED 1,783 per sqft
26 Jun 2013Sold by developerOff-plan
AED 1,257,546AED 1,783 per sqft

Source: Dubai Land Department. Updated 16 June 2022.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
30th of 34
Parking
G-25
Developer
West Avenue
Completed
2014
Service charge
AED 13,900 /yr
Last sold
AED 1.16M · June 2022

About 3002, West Avenue Residential Tower

3002 is a one-bedroom apartment of 705 sqft on the 30th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 16 June 2022 for AED 1,160,000, or AED 1,644 per sqft, 6% above the AED 1,550 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 65,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 13,900 a year.

Sales and rents for 3002 over time

Sales
Unit 3002, 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 1,257,546 (AED 1,783 per sqft)Sold, December 2014: AED 1,257,546 (AED 1,783 per sqft)Sold, March 2020: AED 1,000,000 (AED 1,417 per sqft)Sold, June 2022: AED 1,160,000 (AED 1,644 per sqft)

3002 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3002, 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 2017: AED 95,000 a yearRenewal, November 2018: AED 93,000 a yearNew contract, June 2020: AED 65,000 a yearRenewal, June 2021: AED 65,000 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 3002 sits

All 150 1-beds →

3002 last sold in June 2022 at AED 1,644 per sqft, 6% above what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,550). 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. 3002's AED 65,000 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
30012-bedAED 2.74M · Dec 2014
30031-bedAED 1.39M · Dec 2014
30042-bedAED 2.1M · Dec 2014
30052-bedAED 2.5M · Sep 2022
30061-bedAED 1M · Mar 2021
30071-bedAED 1.65M · Nov 2024
30082-bedAED 1.9M · Jun 2018

3002, West Avenue Residential Tower in numbers

  • Sold 4 times: first on 26 June 2013 for AED 1,257,546, last on 16 June 2022 for AED 1,160,000 (AED 1,644 per sqft).
  • Rented since November 2017 on 4 Ejari contracts, from AED 95,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 13,900 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 16 June 2022.

Questions about 3002, West Avenue Residential Tower

What did unit 3002 last sell for?

AED 1,160,000 on 16 June 2022: AED 1,644 per sqft for 705 sqft. The unit has 4 registered sales; the first was AED 1,257,546 in June 2013.

What is the rent for unit 3002?

AED 65,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 65,000; the unit has been rented since November 2017.

How big is unit 3002?

705 sqft (65.5 sqm): a one-bedroom apartment on the 30th floor of a 34-storey tower completed in 2014.

What is unit 3002 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 3002, West Avenue Residential Tower

Starts from the last sale price (AED 1.16M, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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