2-bed · 1,426 sqftMarlowe Houses 1, Uptown Motorcity · 1st floor

114, Marlowe Houses 1

Sold prices and rental history: sold twice, last in June 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 1 July 2013
Last soldAED 553K26 June 2013
Current rentAED 72K /yr1 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Marlowe Houses 1

What is 114 worth today?

Last sold for AED 552,575 in 2013

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1 Jul 2013RentedNew contract
AED 72,450/yr12 months · AED 51 per sqft
26 Jun 2013SoldReady
AED 552,575AED 387 per sqft
1 Jul 2012RentedNew contract
AED 69,000/yr12 months · AED 48 per sqft
7 Feb 2011Sold by developerReady
AED 712,500AED 499 per sqft

Source: Dubai Land Department. Updated 1 July 2013.

Key facts

Type
2-bed apartment
Size
1,426 sqft
Floor
1st of 3
Parking
M129-M130
Service charge
AED 17,900 /yr
Last sold
AED 553K · June 2013

About 114, Marlowe Houses 1

114 is a two-bedroom apartment of 1,426 sqft on the 1st floor of Marlowe Houses 1, a 3-storey tower in Uptown Motorcity. It last sold on 26 June 2013 for AED 552,575, or AED 387 per sqft.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 July 2013, is AED 72,450 a year: a gross yield of 13.1% on the 2013 price, before the service charge of about AED 17,900 a year.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical two-bed in Marlowe Houses 1
500K1M1.5M2009201120132015Typical sale price by year: 2009 AED 1,242,500; 2011 AED 715,750; 2013 AED 1,047,375; 2014 AED 1,553,500Sold by developer, February 2011: AED 712,500 (AED 499 per sqft)Sold, June 2013: AED 552,575 (AED 387 per sqft)

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

Rents
Unit 114, each contractTypical two-bed in Marlowe Houses 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 69,000; 2013 AED 73,128; 2014 AED 92,250; 2015 AED 100,000; 2016 AED 116,655; 2017 AED 105,000; 2018 AED 92,500; 2019 AED 84,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 78,100; 2023 AED 83,330; 2024 AED 92,000; 2025 AED 115,000; 2026 AED 115,000New contract, July 2012: AED 69,000 a yearNew contract, July 2013: AED 72,450 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 Marlowe Houses 1, and where 114 sits

All 26 2-beds →

114's AED 72,450 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 20251,790,000
1 Apr 20241,325,000
25 Mar 20241,380,000
8 Dec 20231,325,000
0 2-bed sales in the last 12 months

Marlowe Houses 1

Building

59 apartments, 1-bed to 2-bed over 3 floors in Uptown Motorcity. 3 sold in the last 12 months.

Typical price per sqft
AED 845
Typical sale
AED 888K
Typical rent
AED 75K /yr
Typical yield
8.5%
Marlowe Houses 1, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 59 units in Marlowe Houses 1
Value
1011-bedAED 675K · Nov 2009
1021-bedAED 798K · Oct 2009
1031-bedAED 871K · Nov 2009
1042-bedAED 1.79M · Sep 2025
1051-bedAED 1.04M · Apr 2014
1061-bedAED 630K · Oct 2021
1072-bedAED 1.3M · Nov 2013
1–7 of 14

114, Marlowe Houses 1 in numbers

  • Sold twice: first on 7 February 2011 for AED 712,500, last on 26 June 2013 for AED 552,575 (AED 387 per sqft).
  • Rented since July 2012 on 2 Ejari contracts, from AED 69,000 to AED 72,450 a year.
  • At AED 72,450 a year the gross yield on the 2013 price is 13.1%, before a service charge of about AED 17,900 a year (AED 12.52 per sqft).

Source: Dubai Land Department. Updated 1 July 2013.

Questions about 114, Marlowe Houses 1

What did unit 114 last sell for?

AED 552,575 on 26 June 2013: AED 387 per sqft for 1,426 sqft. The unit has 2 registered sales; the first was AED 712,500 in February 2011.

What is the rent for unit 114?

AED 72,450 a year on the contract signed on 1 July 2013. The previous contract, from July 2012, was AED 69,000.

How big is unit 114?

1,426 sqft (132.5 sqm): a two-bedroom apartment on the 1st floor of a 3-storey tower.

What is unit 114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 114, Marlowe Houses 1

Starts from the last sale price (AED 553K, 26 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 552,575
Deposit, UAE resident (20%)
AED 110,515
Deposit, non-resident (40%)
AED 221,030
Monthly over 25 years at 3.7%
AED 2,261

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