Studio · 443 sqftWest Avenue Residential Tower, Dubai Marina · 7th floor · completed 2014

709, West Avenue Residential Tower

Sold prices and rental history: sold 3 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 709 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.05M25 October 2024
Current rentAED 60K /yr23 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, West Avenue Residential Tower

What is 709 worth today?

Last sold for AED 1,050,000 in 2024

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25 Oct 2024SoldReady
AED 1,050,000AED 2,370 per sqft
23 Aug 2022RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
1 Jul 2021RentedRenewal
AED 40,000/yr12 months · AED 91 per sqft
1 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
24 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
5 Nov 2018RentedNew contract
AED 66,000/yr12 months · AED 150 per sqft
1 Oct 2017RentedNew contract
AED 73,000/yr12 months · AED 165 per sqft
15 Aug 2015RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
7th of 34
Parking
G-28
Developer
West Avenue
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 1.05M · October 2024

About 709, West Avenue Residential Tower

709 is a studio of 443 sqft on the 7th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 25 October 2024 for AED 1,050,000, or AED 2,370 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 23 August 2022, is AED 60,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 8,700 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical studio in West Avenue Residential Tower
800K1M2013201720212025Typical sale price by year: 2013 AED 689,449; 2014 AED 691,215; 2015 AED 1,100,000; 2024 AED 1,050,000Sold by developer, March 2013: AED 691,173 (AED 1,560 per sqft)Sold, November 2014: AED 691,173 (AED 1,560 per sqft)Sold, October 2024: AED 1,050,000 (AED 2,370 per sqft)

709 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 709, each contractTypical studio in West Avenue Residential Tower
50K75K20152018202120242027Typical rent by year: 2015 AED 83,000; 2017 AED 90,000; 2018 AED 79,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 74,000; 2024 AED 75,000; 2025 AED 76,000; 2026 AED 69,000New contract, August 2015: AED 75,000 a yearNew contract, October 2017: AED 73,000 a yearNew contract, November 2018: AED 66,000 a yearNew contract, October 2019: AED 60,000 a yearNew contract, July 2020: AED 40,000 a yearRenewal, July 2021: AED 40,000 a yearNew contract, August 2022: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in West Avenue Residential Tower, and where 709 sits

All 21 studios →

Over the last 12 months studios sold for AED 1,100,000 to 1,120,000, around AED 2,506 per sqft, and rent for AED 50,000 to 120,000 a year. 709's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Aug 20261,120,000
24 Nov 20251,100,000
29 Aug 20251,147,000
25 Nov 20241,000,000
2 studio 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
7011-bedAED 1.17M · Nov 2014
7021-bedAED 1.04M · Nov 2014
7031-bedAED 1.3M · Jun 2025
7042-bedAED 2.13M · Oct 2024
7052-bedAED 2.11M · Nov 2014
7061-bedAED 1.06M · Jan 2019
7071-bedAED 1M · Nov 2014
1–7 of 8

709, West Avenue Residential Tower in numbers

  • Sold 3 times: first on 14 March 2013 for AED 691,173, last on 25 October 2024 for AED 1,050,000 (AED 2,370 per sqft).
  • Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2021 and recovered to AED 60,000 by August 2022.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 8,700 a year (AED 19.72 per sqft).
  • Studios in West Avenue Residential Tower sold for AED 1,100,000–1,120,000 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 October 2024.

Questions about 709, West Avenue Residential Tower

What did unit 709 last sell for?

AED 1,050,000 on 25 October 2024: AED 2,370 per sqft for 443 sqft. The unit has 3 registered sales; the first was AED 691,173 in March 2013.

What is the rent for unit 709?

AED 60,000 a year on the contract signed on 23 August 2022. The previous contract, from July 2021, was AED 40,000; the unit has been rented since August 2015.

How big is unit 709?

443 sqft (41.2 sqm): a studio on the 7th floor of a 34-storey tower completed in 2014.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in West Avenue Residential Tower sold for AED 1,100,000 to 1,120,000 in the last 12 months, around AED 2,506 per sqft.

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Mortgage on 709, West Avenue Residential Tower

Starts from the last sale price (AED 1.05M, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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