2-bed · 1,471 sqftMarlowe Houses 2, Uptown Motorcity · 2nd floor

202, Marlowe Houses 2

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 1.1M20 July 2023
Current rentAED 75K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Marlowe Houses 2

What is 202 worth today?

Last sold for AED 1,100,000 in 2023

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20 Jul 2023SoldReady
AED 1,100,000AED 747 per sqft
1 Oct 2022RentedRenewal
AED 74,750/yr12 months · AED 51 per sqft
1 Oct 2021RentedRenewal
AED 65,000/yr12 months · AED 44 per sqft
1 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 44 per sqft
1 Jun 2018RentedNew contract
AED 95,000/yr12 months · AED 64 per sqft
1 Jun 2016RentedNew contract
AED 123,000/yr12 months · AED 83 per sqft
21 Jul 2015SoldReady
AED 1,450,000AED 985 per sqft
15 Sep 2013RentedNew contract
AED 70,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
2-bed apartment
Size
1,471 sqft
Floor
2nd of 3
Parking
M57-M64
Service charge
AED 18,600 /yr
Last sold
AED 1.1M · July 2023

About 202, Marlowe Houses 2

202 is a two-bedroom apartment of 1,471 sqft on the 2nd floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. It last sold on 20 July 2023 for AED 1,100,000, or AED 747 per sqft, in line with the AED 739 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 74,750 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, August 2009: AED 1,259,000 (AED 855 per sqft)Sold, July 2015: AED 1,450,000 (AED 985 per sqft)Sold, July 2023: AED 1,100,000 (AED 747 per sqft)

202 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 202, each contractTypical two-bed in Marlowe Houses 2
100K2013201720212025Typical 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, September 2013: AED 70,000 a yearNew contract, June 2016: AED 123,000 a yearNew contract, June 2018: AED 95,000 a yearNew contract, October 2020: AED 65,000 a yearRenewal, October 2021: AED 65,000 a yearRenewal, October 2022: AED 74,750 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 202 sits

All 27 2-beds →

202 last sold in July 2023 at AED 747 per sqft, in line with what two-beds in Marlowe Houses 2 were fetching at the time (AED 739). 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. 202's AED 74,750 is at the bottom 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 2nd floor

All 46 units in Marlowe Houses 2
Value
2013-bedAED 1.42M · Feb 2013
2032-bedAED 1.1M · Nov 2022
2042-bedAED 1.26M · Jul 2009
2053-bedAED 2.27M · Nov 2014
2063-bedAED 1.75M · Sep 2023
2072-bedAED 1.18M · May 2023
2082-bedAED 950K · Sep 2012
1–7 of 11

202, Marlowe Houses 2 in numbers

  • Sold 3 times: first on 23 August 2009 for AED 1,259,000, last on 20 July 2023 for AED 1,100,000 (AED 747 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 70,000 to AED 74,750 a year.
  • At AED 74,750 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 18,600 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 20 July 2023.

Questions about 202, Marlowe Houses 2

What did unit 202 last sell for?

AED 1,100,000 on 20 July 2023: AED 747 per sqft for 1,471 sqft. The unit has 3 registered sales; the first was AED 1,259,000 in August 2009.

What is the rent for unit 202?

AED 74,750 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 65,000; the unit has been rented since September 2013.

How big is unit 202?

1,471 sqft (136.7 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower.

What is unit 202 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 202, Marlowe Houses 2

Starts from the last sale price (AED 1.1M, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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