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

103, Marlowe Houses 2

Sold prices and rental history: sold 4 times, last in November 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 11 November 2015
Last soldAED 1.44M11 November 2015
Current rentAED 100K /yr2 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Marlowe Houses 2

What is 103 worth today?

Last sold for AED 1,443,000 in 2015

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11 Nov 2015SoldReady
AED 1,443,000AED 1,011 per sqft
2 Nov 2014RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
2 Nov 2013RentedNew contract
AED 86,000/yr12 months · AED 61 per sqft
14 Jan 2013SoldReady
AED 987,000AED 692 per sqft
27 Aug 2009SoldReady
AED 952,000AED 667 per sqft
29 Jun 2009Sold by developerReady
AED 1,217,000AED 853 per sqft

Source: Dubai Land Department. Updated 11 November 2015.

Key facts

Type
2-bed apartment
Size
1,426 sqft
Floor
1st of 3
Parking
M172-M173
Service charge
AED 18,100 /yr
Last sold
AED 1.44M · November 2015

About 103, Marlowe Houses 2

103 is a two-bedroom apartment of 1,426 sqft on the 1st floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. It last sold on 11 November 2015 for AED 1,443,000, or AED 1,011 per sqft, in line with the AED 985 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 2 November 2014, is AED 100,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 18,100 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Marlowe Houses 2
1M1.25M1.5M20092013201720212025Typical sale price by year: 2009 AED 1,221,375; 2010 AED 1,198,000; 2012 AED 950,000; 2015 AED 1,443,000; 2023 AED 1,050,000; 2024 AED 1,400,000Sold by developer, June 2009: AED 1,217,000 (AED 853 per sqft)Sold, August 2009: AED 952,000 (AED 667 per sqft)Sold, January 2013: AED 987,000 (AED 692 per sqft)Sold, November 2015: AED 1,443,000 (AED 1,011 per sqft)

103 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in Marlowe Houses 2
75K100K2013201720212025Typical rent by year: 2013 AED 77,000; 2014 AED 100,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 109,705; 2018 AED 95,000; 2019 AED 84,000; 2020 AED 65,000; 2021 AED 66,000; 2022 AED 75,000; 2023 AED 92,500; 2024 AED 94,721; 2025 AED 105,000; 2026 AED 109,863New contract, November 2013: AED 86,000 a yearNew contract, November 2014: AED 100,000 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 2, and where 103 sits

All 27 2-beds →

103 last sold in November 2015 at AED 1,011 per sqft, in line with what two-beds in Marlowe Houses 2 were fetching at the time (AED 985). Over the last 12 months two-beds sold for AED 1,700,000, around AED 1,249 per sqft, and rent for AED 95,000 to 115,000 a year. 103's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20261,700,000
2 Oct 20241,400,000
11 Sep 20241,400,000
9 May 20241,415,000
1 2-bed sale in the last 12 months

Marlowe Houses 2

Building

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

Typical price per sqft
AED 1,165
Typical sale
AED 1.7M
Typical rent
AED 110K /yr
Typical yield
6.4%
Marlowe Houses 2, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 46 units in Marlowe Houses 2
Value
1013-bedAED 2.05M · Sep 2024
1022-bedAED 1.25M · Sep 2009
1042-bedAED 1.25M · Jun 2009
1053-bedAED 1.95M · Oct 2015
1063-bedAED 2.35M · Jan 2026
1072-bedAED 1.5M · Jun 2017
1082-bedAED 1.21M · Aug 2023
1–7 of 11

103, Marlowe Houses 2 in numbers

  • Sold 4 times: first on 29 June 2009 for AED 1,217,000, last on 11 November 2015 for AED 1,443,000 (AED 1,011 per sqft).
  • Rented since November 2013 on 2 Ejari contracts, from AED 86,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 18,100 a year (AED 12.66 per sqft).
  • Two-beds in Marlowe Houses 2 sold for AED 1,700,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.

Source: Dubai Land Department. Updated 11 November 2015.

Questions about 103, Marlowe Houses 2

What did unit 103 last sell for?

AED 1,443,000 on 11 November 2015: AED 1,011 per sqft for 1,426 sqft. The unit has 4 registered sales; the first was AED 1,217,000 in June 2009.

What is the rent for unit 103?

AED 100,000 a year on the contract signed on 2 November 2014. The previous contract, from November 2013, was AED 86,000.

How big is unit 103?

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

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marlowe Houses 2 sold for AED 1,700,000 to 1,700,000 in the last 12 months, around AED 1,249 per sqft.

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Mortgage on 103, Marlowe Houses 2

Starts from the last sale price (AED 1.44M, 11 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,443,000
Deposit, UAE resident (20%)
AED 288,600
Deposit, non-resident (40%)
AED 577,200
Monthly over 25 years at 3.7%
AED 5,904

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