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

214, Marlowe Houses 1

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

Unit 214 · DLD and Ejari recordsUpdated 15 September 2013
Last soldAED 1.05M16 July 2013
Current rentAED 73K /yr15 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Marlowe Houses 1

What is 214 worth today?

Last sold for AED 1,047,375 in 2013

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15 Sep 2013RentedNew contract
AED 72,755/yr9 months · AED 51 per sqft
16 Jul 2013SoldReady
AED 1,047,375AED 734 per sqft
15 Sep 2012RentedNew contract
AED 73,000/yr12 months · AED 51 per sqft
7 Feb 2011Sold by developerReady
AED 712,500AED 499 per sqft

Source: Dubai Land Department. Updated 15 September 2013.

Key facts

Type
2-bed apartment
Size
1,426 sqft
Floor
2nd of 3
Parking
M28-M29
Service charge
AED 17,900 /yr
Last sold
AED 1.05M · July 2013

About 214, Marlowe Houses 1

214 is a two-bedroom apartment of 1,426 sqft on the 2nd floor of Marlowe Houses 1, a 3-storey tower in Uptown Motorcity. It last sold on 16 July 2013 for AED 1,047,375, or AED 734 per sqft, in line with the AED 734 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 15 September 2013, is AED 72,755 a year: a gross yield of 7.0% on the 2013 price, before the service charge of about AED 17,900 a year.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical two-bed in Marlowe Houses 1
1M1.5M2009201120132015Typical 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, July 2013: AED 1,047,375 (AED 734 per sqft)

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

Rents
Unit 214, 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, September 2012: AED 73,000 a yearNew contract, September 2013: AED 72,755 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 214 sits

All 26 2-beds →

214 last sold in July 2013 at AED 734 per sqft, in line with what two-beds in Marlowe Houses 1 were fetching at the time (AED 734). 214's AED 72,755 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 2nd floor

All 59 units in Marlowe Houses 1
Value
2011-bedAED 1M · Jun 2025
2021-bedAED 640K · Dec 2022
2031-bedAED 1.03M · Dec 2014
2042-bedAED 1.19M · Jun 2023
2051-bedAED 876K · Jul 2009
2061-bedAED 510K · Jan 2021
2072-bedAED 1.38M · Mar 2024
1–7 of 14

214, Marlowe Houses 1 in numbers

  • Sold twice: first on 7 February 2011 for AED 712,500, last on 16 July 2013 for AED 1,047,375 (AED 734 per sqft).
  • Rented since September 2012 on 2 Ejari contracts, from AED 73,000 to AED 72,755 a year.
  • At AED 72,755 a year the gross yield on the 2013 price is 7.0%, before a service charge of about AED 17,900 a year (AED 12.52 per sqft).

Source: Dubai Land Department. Updated 15 September 2013.

Questions about 214, Marlowe Houses 1

What did unit 214 last sell for?

AED 1,047,375 on 16 July 2013: AED 734 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 214?

AED 72,755 a year on the contract signed on 15 September 2013. The previous contract, from September 2012, was AED 73,000.

How big is unit 214?

1,426 sqft (132.5 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower.

What is unit 214 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 214, Marlowe Houses 1

Starts from the last sale price (AED 1.05M, 16 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,047,375
Deposit, UAE resident (20%)
AED 209,475
Deposit, non-resident (40%)
AED 418,950
Monthly over 25 years at 3.7%
AED 4,285

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