2-bed · 1,621 sqftZumurud Tower, Dubai Marina · 26th floor · completed 2010

2603, Zumurud Tower

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 15 April 2022
Last soldAED 1.69M5 January 2011
Current rentAED 90K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Zumurud Tower

What is 2603 worth today?

Last sold for AED 1,693,366 in 2011

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15 Apr 2022RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
10 Sep 2021RentedNew contract
AED 75,000/yr6 months · AED 46 per sqft
10 Mar 2021RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
10 Mar 2020RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
7 Feb 2018RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
9 Oct 2016RentedNew contract
AED 126,000/yr12 months · AED 78 per sqft
15 Jan 2015RentedNew contract
AED 125,637/yr12 months · AED 77 per sqft
5 Jan 2011Sold by developerReady
AED 1,693,366AED 1,044 per sqft

Source: Dubai Land Department. Updated 15 April 2022.

Key facts

Type
2-bed apartment
Size
1,621 sqft
Floor
26th of 28
Parking
B1-50
Developer
Zumurud Real Estate
Completed
2010
Service charge
AED 29,200 /yr
Last sold
AED 1.69M · January 2011

About 2603, Zumurud Tower

2603 is a two-bedroom apartment of 1,621 sqft on the 26th floor of Zumurud Tower, a 28-storey tower in Dubai Marina completed in 2010 by Zumurud Real Estate. The developer sold it on 5 January 2011 for AED 1,693,366, or AED 1,044 per sqft, 6% below the AED 1,114 two-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 15 April 2022, is AED 90,000 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 29,200 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical two-bed in Zumurud Tower
1.6M1.8M20102014201820222026Typical sale price by year: 2010 AED 1,566,000; 2011 AED 1,567,012; 2013 AED 1,556,000; 2025 AED 1,800,000Sold by developer, January 2011: AED 1,693,366 (AED 1,044 per sqft)

2603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, each contractTypical two-bed in Zumurud Tower
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 112,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 123,500; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 80,000; 2023 AED 91,584; 2024 AED 104,738; 2025 AED 109,106; 2026 AED 114,561New contract, January 2015: AED 125,637 a yearNew contract, October 2016: AED 126,000 a yearNew contract, February 2018: AED 105,000 a yearNew contract, March 2020: AED 80,000 a yearRenewal, March 2021: AED 75,000 a yearNew contract, September 2021: AED 75,000 a yearNew contract, April 2022: AED 90,000 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 Zumurud Tower, and where 2603 sits

All 29 2-beds →

2603 last sold in January 2011 at AED 1,044 per sqft, 6% below what two-beds in Zumurud Tower were fetching at the time (AED 1,114). Over the last 12 months two-beds sold for AED 2,300,000, around AED 1,632 per sqft, and rent for AED 104,000 to 140,000 a year. 2603's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20262,300,000
9 Jul 20251,800,000
9 Jul 20251,800,000
4 Mar 20252,400,000
1 2-bed sale in the last 12 months

Zumurud Tower

Building

217 apartments, studios to 3-bed over 28 floors in Dubai Marina, completed in 2010 by Zumurud Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 1,632 Down 4.6%
Typical sale
AED 1.1M
Typical rent
AED 72K /yr
Typical yield
6.3%
Zumurud Tower, Dubai Marina: prices, sales and rents →

Other units on the 26th floor

All 217 units in Zumurud Tower
Value
26012-bedAED 1.43M · Mar 2010
26022-bedAED 1.57M · Jan 2011
26042-bedAED 1.69M · Mar 2010
26052-bedAED 1.38M · Jan 2011
26062-bedAED 1.38M · Jan 2011

2603, Zumurud Tower in numbers

  • Sold once: by Zumurud Real Estate on 5 January 2011 for AED 1,693,366, or AED 1,044 per sqft.
  • Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 125,637 to AED 75,000 in 2021 and recovered to AED 90,000 by April 2022.
  • At AED 90,000 a year the gross yield on the 2011 price is 5.3%, before a service charge of about AED 29,200 a year (AED 18.00 per sqft).
  • Two-beds in Zumurud Tower sold for AED 2,300,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,632 per sqft.

Source: Dubai Land Department. Updated 15 April 2022.

Questions about 2603, Zumurud Tower

What did unit 2603 last sell for?

AED 1,693,366 on 5 January 2011, sold by the developer: AED 1,044 per sqft for 1,621 sqft. It is the only registered sale of the unit.

What is the rent for unit 2603?

AED 90,000 a year on the contract signed on 15 April 2022. The previous contract, from September 2021, was AED 75,000; the unit has been rented since January 2015.

How big is unit 2603?

1,621 sqft (150.6 sqm): a two-bedroom apartment on the 26th floor of a 28-storey tower completed in 2010.

What is unit 2603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Zumurud Tower sold for AED 2,300,000 to 2,300,000 in the last 12 months, around AED 1,632 per sqft.

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Mortgage on 2603, Zumurud Tower

Starts from the last sale price (AED 1.69M, 5 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,693,366
Deposit, UAE resident (20%)
AED 338,673
Deposit, non-resident (40%)
AED 677,346
Monthly over 25 years at 3.7%
AED 6,928

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