2-bed · 1,413 sqftMarlowe Houses 1, Uptown Motorcity · 3rd floor

311, 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 311 · DLD and Ejari recordsUpdated 20 November 2014
Last soldAED 1.04M15 July 2013
Current rentAED 80K /yr20 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Marlowe Houses 1

What is 311 worth today?

Last sold for AED 1,038,555 in 2013

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20 Nov 2014RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
20 Nov 2013RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
15 Jul 2013SoldReady
AED 1,038,555AED 735 per sqft
28 Oct 2012RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
7 Feb 2011Sold by developerReady
AED 706,500AED 500 per sqft

Source: Dubai Land Department. Updated 20 November 2014.

Key facts

Type
2-bed apartment
Size
1,413 sqft
Floor
3rd of 3
Parking
M45-M46
Service charge
AED 17,700 /yr
Last sold
AED 1.04M · July 2013

About 311, Marlowe Houses 1

311 is a two-bedroom apartment of 1,413 sqft on the 3rd floor of Marlowe Houses 1, a 3-storey tower in Uptown Motorcity. It last sold on 15 July 2013 for AED 1,038,555, or AED 735 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 3 Ejari contracts. The current contract, renewed on 20 November 2014, is AED 80,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 17,700 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 706,500 (AED 500 per sqft)Sold, July 2013: AED 1,038,555 (AED 735 per sqft)

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

Rents
Unit 311, 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, October 2012: AED 70,000 a yearNew contract, November 2013: AED 80,000 a yearRenewal, November 2014: AED 80,000 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 Marlowe Houses 1, and where 311 sits

All 26 2-beds →

311 last sold in July 2013 at AED 735 per sqft, in line with what two-beds in Marlowe Houses 1 were fetching at the time (AED 734). 311's AED 80,000 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 3rd floor

All 59 units in Marlowe Houses 1
Value
3011-bedAED 490K · May 2025
3021-bedAED 640K · Dec 2022
3031-bedAED 445K · Jun 2010
3042-bedAED 1.33M · Dec 2023
3051-bedAED 899K · Feb 2018
3061-bedAED 409K · Aug 2018
3072-bedAED 1.25M · Jun 2009
1–7 of 14

311, Marlowe Houses 1 in numbers

  • Sold twice: first on 7 February 2011 for AED 706,500, last on 15 July 2013 for AED 1,038,555 (AED 735 per sqft).
  • Rented since October 2012 on 3 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2013 price is 7.7%, before a service charge of about AED 17,700 a year (AED 12.52 per sqft).

Source: Dubai Land Department. Updated 20 November 2014.

Questions about 311, Marlowe Houses 1

What did unit 311 last sell for?

AED 1,038,555 on 15 July 2013: AED 735 per sqft for 1,413 sqft. The unit has 2 registered sales; the first was AED 706,500 in February 2011.

What is the rent for unit 311?

AED 80,000 a year on the contract renewed on 20 November 2014. The previous contract, from November 2013, was AED 80,000; the unit has been rented since October 2012.

How big is unit 311?

1,413 sqft (131.3 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 311 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 311, Marlowe Houses 1

Starts from the last sale price (AED 1.04M, 15 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,038,555
Deposit, UAE resident (20%)
AED 207,711
Deposit, non-resident (40%)
AED 415,422
Monthly over 25 years at 3.7%
AED 4,249

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