2-bed · 1,243 sqftWest Avenue Residential Tower, Dubai Marina · 32nd floor · completed 2014

3201, West Avenue Residential Tower

Sold prices and rental history: sold 6 times, last in May 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 1.35M28 May 2019
Current rentAED 41K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, West Avenue Residential Tower

What is 3201 worth today?

Last sold for AED 1,350,000 in 2019

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1 Nov 2020RentedRenewal
AED 41,140/yr48 months · AED 33 per sqft
1 Nov 2019RentedNew contract
AED 120,000/yr12 months · AED 97 per sqft
30 May 2019RentedNew contract
AED 122,500/yr12 months · AED 99 per sqft
28 May 2019SoldReady
AED 1,350,000AED 1,086 per sqft
1 May 2019SoldReady
AED 1,150,000AED 925 per sqft
6 Dec 2017SoldReady
AED 1,700,000AED 1,367 per sqft
18 Jan 2016RentedRenewal
AED 108,000/yr24 months · AED 87 per sqft
18 Jan 2015RentedNew contract
AED 108,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
2-bed apartment
Size
1,243 sqft
Floor
32nd of 34
Parking
L1-7
Developer
West Avenue
Completed
2014
Service charge
AED 24,500 /yr
Last sold
AED 1.35M · May 2019

About 3201, West Avenue Residential Tower

3201 is a two-bedroom apartment of 1,243 sqft on the 32nd floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 28 May 2019 for AED 1,350,000, or AED 1,086 per sqft, 7% below the AED 1,169 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 41,140 a year: a gross yield of 3.0% on the 2019 price, before the service charge of about AED 24,500 a year.

Sales and rents for 3201 over time

Sales
Unit 3201, each saleTypical two-bed in West Avenue Residential Tower
1M2M3M2013201720212025Typical 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, September 2013: AED 1,973,216 (AED 1,587 per sqft)Sold, November 2014: AED 2,880,000 (AED 2,317 per sqft)Sold, November 2014: AED 1,973,216 (AED 1,587 per sqft)Sold, December 2017: AED 1,700,000 (AED 1,367 per sqft)Sold, May 2019: AED 1,350,000 (AED 1,086 per sqft)Sold, May 2019: AED 1,150,000 (AED 925 per sqft)

3201 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3201, each contractTypical two-bed in West Avenue Residential Tower
100K2014201820222026Typical 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, January 2015: AED 108,000 a yearRenewal, January 2016: AED 108,000 a yearNew contract, May 2019: AED 122,500 a yearNew contract, November 2019: AED 120,000 a yearRenewal, November 2020: AED 41,140 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 3201 sits

All 96 2-beds →

3201 last sold in May 2019 at AED 1,086 per sqft, 7% below what two-beds in West Avenue Residential Tower were fetching at the time (AED 1,169). 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. 3201's AED 41,140 is at the bottom 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
32021-bedAED 1.29M · Dec 2014
32031-bedAED 1.4M · Dec 2014
32042-bedAED 2.5M · Apr 2025
32052-bedAED 1.7M · Aug 2022
32061-bedAED 1.6M · Nov 2023
32071-bedAED 1.25M · Nov 2023
32082-bedAED 2.01M · Dec 2014

3201, West Avenue Residential Tower in numbers

  • Sold 6 times: first on 17 September 2013 for AED 1,973,216, last on 28 May 2019 for AED 1,350,000 (AED 1,086 per sqft).
  • Rented since January 2015 on 5 Ejari contracts, from AED 108,000 to AED 41,140 a year.
  • At AED 41,140 a year the gross yield on the 2019 price is 3.0%, before a service charge of about AED 24,500 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 1 November 2020.

Questions about 3201, West Avenue Residential Tower

What did unit 3201 last sell for?

AED 1,350,000 on 28 May 2019: AED 1,086 per sqft for 1,243 sqft. The unit has 6 registered sales; the first was AED 1,973,216 in September 2013.

What is the rent for unit 3201?

AED 41,140 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 120,000; the unit has been rented since January 2015.

How big is unit 3201?

1,243 sqft (115.5 sqm): a two-bedroom apartment on the 32nd floor of a 34-storey tower completed in 2014.

What is unit 3201 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 3201, West Avenue Residential Tower

Starts from the last sale price (AED 1.35M, 28 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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