1-bed · 721 sqftWest Avenue Residential Tower, Dubai Marina · 31st floor · completed 2014

3103, West Avenue Residential Tower

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3103 · DLD and Ejari recordsUpdated 25 May 2022
Last soldAED 1.1M25 May 2022
Current rentAED 65K /yr28 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, West Avenue Residential Tower

What is 3103 worth today?

Last sold for AED 1,100,000 in 2022

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25 May 2022SoldReady
AED 1,100,000AED 1,525 per sqft
28 Jul 2021RentedRenewal
AED 65,000/yr12 months · AED 90 per sqft
28 Jul 2020RentedNew contract
AED 65,000/yr12 months · AED 90 per sqft
2 Nov 2018RentedNew contract
AED 87,000/yr12 months · AED 121 per sqft
1 Oct 2017RentedNew contract
AED 95,000/yr12 months · AED 132 per sqft
1 Apr 2016RentedNew contract
AED 115,000/yr12 months · AED 159 per sqft
8 Dec 2014SoldReady
AED 1,436,779AED 1,992 per sqft
25 Jul 2013Sold by developerOff-plan
AED 1,436,779AED 1,992 per sqft

Source: Dubai Land Department. Updated 25 May 2022.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
31st of 34
Parking
L1-13
Developer
West Avenue
Completed
2014
Service charge
AED 14,200 /yr
Last sold
AED 1.1M · May 2022

About 3103, West Avenue Residential Tower

3103 is a one-bedroom apartment of 721 sqft on the 31st floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 25 May 2022 for AED 1,100,000, or AED 1,525 per sqft, in line with the AED 1,517 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 28 July 2021, is AED 65,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 14,200 a year.

Sales and rents for 3103 over time

Sales
Unit 3103, 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, July 2013: AED 1,436,779 (AED 1,992 per sqft)Sold, December 2014: AED 1,436,779 (AED 1,992 per sqft)Sold, May 2022: AED 1,100,000 (AED 1,525 per sqft)

3103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3103, 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, April 2016: AED 115,000 a yearNew contract, October 2017: AED 95,000 a yearNew contract, November 2018: AED 87,000 a yearNew contract, July 2020: AED 65,000 a yearRenewal, July 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 3103 sits

All 150 1-beds →

3103 last sold in May 2022 at AED 1,525 per sqft, in line with what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,517). 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. 3103'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
31012-bedAED 2.66M · Feb 2015
31021-bedAED 1.6M · Jul 2024
31042-bedAED 2.15M · Dec 2017
31052-bedAED 2.75M · Jan 2026
31061-bedAED 1.41M · Dec 2014
31071-bedAED 1.18M · Aug 2022
31082-bedAED 1.99M · Dec 2014

3103, West Avenue Residential Tower in numbers

  • Sold 3 times: first on 25 July 2013 for AED 1,436,779, last on 25 May 2022 for AED 1,100,000 (AED 1,525 per sqft).
  • Rented since April 2016 on 5 Ejari contracts, from AED 115,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.9%, 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 25 May 2022.

Questions about 3103, West Avenue Residential Tower

What did unit 3103 last sell for?

AED 1,100,000 on 25 May 2022: AED 1,525 per sqft for 721 sqft. The unit has 3 registered sales; the first was AED 1,436,779 in July 2013.

What is the rent for unit 3103?

AED 65,000 a year on the contract renewed on 28 July 2021. The previous contract, from July 2020, was AED 65,000; the unit has been rented since April 2016.

How big is unit 3103?

721 sqft (67.0 sqm): a one-bedroom apartment on the 31st floor of a 34-storey tower completed in 2014.

What is unit 3103 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 3103, West Avenue Residential Tower

Starts from the last sale price (AED 1.1M, 25 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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