1-bed · 713 sqftWest Avenue Residential Tower, Dubai Marina · 3rd floor · completed 2014

302, West Avenue Residential Tower

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

Unit 302 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 1.4M8 October 2024
Current rentAED 120K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, West Avenue Residential Tower

What is 302 worth today?

Last sold for AED 1,400,000 in 2024

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21 Oct 2024RentedRenewal
AED 120,000/yr12 months · AED 169 per sqft
8 Oct 2024SoldReady
AED 1,400,000AED 1,963 per sqft
21 Oct 2023RentedRenewal · flagged as an outlier
AED 10,000/yr12 months · AED 14 per sqft
21 Oct 2022RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 14 per sqft
7 Apr 2022RentedRenewal
AED 74,599/yr6 months · AED 105 per sqft
11 Nov 2021SoldReady
AED 1,025,000AED 1,437 per sqft
7 Apr 2021RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
22 Feb 2018SoldReady
AED 1,025,000AED 1,437 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
1-bed apartment
Size
713 sqft
Floor
3rd of 34
Parking
B2-18
Developer
West Avenue
Completed
2014
Service charge
AED 14,100 /yr
Last sold
AED 1.4M · October 2024

About 302, West Avenue Residential Tower

302 is a one-bedroom apartment of 713 sqft on the 3rd floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 8 October 2024 for AED 1,400,000, or AED 1,963 per sqft, 8% above the AED 1,823 one-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 21 October 2024, is AED 120,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 14,100 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, May 2013: AED 1,025,685 (AED 1,438 per sqft)Sold, November 2014: AED 1,025,685 (AED 1,438 per sqft)Sold, February 2018: AED 1,025,000 (AED 1,437 per sqft)Sold, November 2021: AED 1,025,000 (AED 1,437 per sqft)Sold, October 2024: AED 1,400,000 (AED 1,963 per sqft)

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

Rents
Unit 302, each contractTypical one-bed in West Avenue Residential Tower
75K100K125K2014201820222026Typical 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, October 2015: AED 105,000 a yearRenewal, October 2016: AED 105,000 a yearRenewal, October 2017: AED 102,000 a yearNew contract, April 2021: AED 75,000 a yearRenewal, April 2022: AED 74,599 a yearRenewal, October 2024: AED 120,000 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 302 sits

All 150 1-beds →

302 last sold in October 2024 at AED 1,963 per sqft, 8% above what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,823). 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. 302's AED 120,000 is in the upper 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
3011-bedAED 1.2M · Mar 2023
3031-bedAED 1.45M · Sep 2023
3042-bedAED 1.5M · Jul 2021
3052-bedAED 2.2M · Dec 2014
3061-bedAED 1.06M · Nov 2014
3071-bedAED 989K · Nov 2014
3082-bedAED 30K · Aug 2026
1–7 of 8

302, West Avenue Residential Tower in numbers

  • Sold 5 times: first on 14 May 2013 for AED 1,025,685, last on 8 October 2024 for AED 1,400,000 (AED 1,963 per sqft).
  • Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 10,000 in 2023 and recovered to AED 120,000 by October 2024.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 14,100 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 21 October 2024.

Questions about 302, West Avenue Residential Tower

What did unit 302 last sell for?

AED 1,400,000 on 8 October 2024: AED 1,963 per sqft for 713 sqft. The unit has 5 registered sales; the first was AED 1,025,685 in May 2013.

What is the rent for unit 302?

AED 120,000 a year on the contract renewed on 21 October 2024. The previous contract, from October 2023, was AED 10,000; the unit has been rented since October 2015.

How big is unit 302?

713 sqft (66.2 sqm): a one-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2014.

What is unit 302 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 302, West Avenue Residential Tower

Starts from the last sale price (AED 1.4M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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