1-bed · 721 sqftWest Avenue Residential Tower, Dubai Marina · 3rd floor · completed 2014

303, West Avenue Residential Tower

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 1.45M14 September 2023
Current rentAED 76K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, West Avenue Residential Tower

What is 303 worth today?

Last sold for AED 1,450,000 in 2023

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14 Sep 2023SoldReady
AED 1,450,000AED 2,011 per sqft
1 Aug 2022RentedNew contract
AED 76,000/yr12 months · AED 105 per sqft
11 Aug 2021RentedNew contract
AED 66,000/yr12 months · AED 92 per sqft
8 Jun 2020RentedRenewal
AED 70,000/yr13 months · AED 97 per sqft
8 Jun 2019RentedRenewal
AED 88,000/yr12 months · AED 122 per sqft
8 Jun 2018RentedRenewal
AED 83,000/yr12 months · AED 115 per sqft
8 Jun 2017RentedNew contract
AED 98,000/yr12 months · AED 136 per sqft
29 May 2016SoldReady
AED 1,280,000AED 1,775 per sqft

Source: Dubai Land Department. Updated 14 September 2023.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
3rd of 34
Parking
B2-19
Developer
West Avenue
Completed
2014
Service charge
AED 14,200 /yr
Last sold
AED 1.45M · September 2023

About 303, West Avenue Residential Tower

303 is a one-bedroom apartment of 721 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 14 September 2023 for AED 1,450,000, or AED 2,011 per sqft, 13% above the AED 1,774 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 August 2022, is AED 76,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 1,116,174 (AED 1,548 per sqft)Sold, November 2014: AED 1,116,174 (AED 1,548 per sqft)Sold, May 2016: AED 1,280,000 (AED 1,775 per sqft)Sold, September 2023: AED 1,450,000 (AED 2,011 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in West Avenue Residential Tower
60K80K100K2014201820222026Typical 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, September 2015: AED 100,000 a yearNew contract, June 2017: AED 98,000 a yearRenewal, June 2018: AED 83,000 a yearRenewal, June 2019: AED 88,000 a yearRenewal, June 2020: AED 70,000 a yearNew contract, August 2021: AED 66,000 a yearNew contract, August 2022: AED 76,000 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 303 sits

All 150 1-beds →

303 last sold in September 2023 at AED 2,011 per sqft, 13% above what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,774). 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. 303's AED 76,000 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
3011-bedAED 1.2M · Mar 2023
3021-bedAED 1.4M · Oct 2024
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

303, West Avenue Residential Tower in numbers

  • Sold 4 times: first on 24 June 2013 for AED 1,116,174, last on 14 September 2023 for AED 1,450,000 (AED 2,011 per sqft).
  • Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 66,000 in 2021 and recovered to AED 76,000 by August 2022.
  • At AED 76,000 a year the gross yield on the 2023 price is 5.2%, 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 14 September 2023.

Questions about 303, West Avenue Residential Tower

What did unit 303 last sell for?

AED 1,450,000 on 14 September 2023: AED 2,011 per sqft for 721 sqft. The unit has 4 registered sales; the first was AED 1,116,174 in June 2013.

What is the rent for unit 303?

AED 76,000 a year on the contract signed on 1 August 2022. The previous contract, from August 2021, was AED 66,000; the unit has been rented since September 2015.

How big is unit 303?

721 sqft (67.0 sqm): a one-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2014.

What is unit 303 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 303, West Avenue Residential Tower

Starts from the last sale price (AED 1.45M, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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