2-bed · 1,258 sqftWest Avenue Residential Tower, Dubai Marina · 3rd floor · completed 2014

304, West Avenue Residential Tower

Sold prices and rental history: sold 4 times, last in July 2021, and rented once, from September 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 4 July 2021
Last soldAED 1.5M4 July 2021
Current rentAED 100K /yr15 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, West Avenue Residential Tower

What is 304 worth today?

Last sold for AED 1,500,000 in 2021

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4 Jul 2021SoldReady
AED 1,500,000AED 1,191 per sqft
27 Oct 2020SoldReady
AED 1,160,000AED 921 per sqft
15 Sep 2019RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
26 Nov 2014SoldReady
AED 2,080,000AED 1,652 per sqft
24 Aug 2014Sold by developerOff-plan
AED 2,080,000AED 1,652 per sqft

Source: Dubai Land Department. Updated 4 July 2021.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
3rd of 34
Parking
B1-4
Developer
West Avenue
Completed
2014
Service charge
AED 24,800 /yr
Last sold
AED 1.5M · July 2021

About 304, West Avenue Residential Tower

304 is a two-bedroom apartment of 1,258 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 4 July 2021 for AED 1,500,000, or AED 1,191 per sqft, 7% above the AED 1,112 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2019. The current contract, signed on 15 September 2019, is AED 100,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 24,800 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in West Avenue Residential Tower
1M2M2013201720212025Typical 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, August 2014: AED 2,080,000 (AED 1,652 per sqft)Sold, November 2014: AED 2,080,000 (AED 1,652 per sqft)Sold, October 2020: AED 1,160,000 (AED 921 per sqft)Sold, July 2021: AED 1,500,000 (AED 1,191 per sqft)

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

Rents
Unit 304, 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 2019: AED 100,000 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 304 sits

All 96 2-beds →

304 last sold in July 2021 at AED 1,191 per sqft, 7% above what two-beds in West Avenue Residential Tower were fetching at the time (AED 1,112). 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. 304's AED 100,000 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
3011-bedAED 1.2M · Mar 2023
3021-bedAED 1.4M · Oct 2024
3031-bedAED 1.45M · Sep 2023
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

304, West Avenue Residential Tower in numbers

  • Sold 4 times: first on 24 August 2014 for AED 2,080,000, last on 4 July 2021 for AED 1,500,000 (AED 1,191 per sqft).
  • Rented since September 2019 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 24,800 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 4 July 2021.

Questions about 304, West Avenue Residential Tower

What did unit 304 last sell for?

AED 1,500,000 on 4 July 2021: AED 1,191 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 2,080,000 in August 2014.

What is the rent for unit 304?

AED 100,000 a year on the contract signed on 15 September 2019.

How big is unit 304?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2014.

What is unit 304 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 304, West Avenue Residential Tower

Starts from the last sale price (AED 1.5M, 4 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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