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

203, Marlowe Houses 2

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 10 November 2022
Last soldAED 1.1M10 November 2022
Current rentAED 68K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Marlowe Houses 2

What is 203 worth today?

Last sold for AED 1,100,000 in 2022

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10 Nov 2022SoldReady
AED 1,100,000AED 771 per sqft
15 Jan 2022RentedRenewal
AED 68,000/yr12 months · AED 48 per sqft
15 Jan 2021RentedRenewal
AED 65,000/yr12 months · AED 46 per sqft
15 Jan 2020RentedRenewal
AED 82,000/yr12 months · AED 58 per sqft
15 Jan 2019RentedNew contract
AED 82,000/yr12 months · AED 58 per sqft
1 Oct 2017RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
1 Oct 2016RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
14 Jun 2015RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 10 November 2022.

Key facts

Type
2-bed apartment
Size
1,426 sqft
Floor
2nd of 3
Parking
M59-M60
Service charge
AED 18,100 /yr
Last sold
AED 1.1M · November 2022
Building
Marlowe Houses 2

About 203, Marlowe Houses 2

203 is a two-bedroom apartment of 1,426 sqft on the 2nd floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. It last sold on 10 November 2022 for AED 1,100,000, or AED 771 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 68,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 18,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, December 2009: AED 1,222,000 (AED 856 per sqft)Sold, November 2022: AED 1,100,000 (AED 771 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Marlowe Houses 2
75K100K125K2013201720212025Typical 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, June 2013: AED 77,000 a yearRenewal, June 2014: AED 90,000 a yearRenewal, June 2015: AED 100,000 a yearNew contract, October 2016: AED 120,000 a yearRenewal, October 2017: AED 110,000 a yearNew contract, January 2019: AED 82,000 a yearRenewal, January 2020: AED 82,000 a yearRenewal, January 2021: AED 65,000 a yearRenewal, January 2022: AED 68,000 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 203 sits

All 27 2-beds →

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. 203's AED 68,000 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
2022-bedAED 1.1M · Jul 2023
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

203, Marlowe Houses 2 in numbers

  • Sold twice: first on 24 December 2009 for AED 1,222,000, last on 10 November 2022 for AED 1,100,000 (AED 771 per sqft).
  • Rented since June 2013 on 9 Ejari contracts, from AED 77,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2022 price is 6.2%, 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 10 November 2022.

Questions about 203, Marlowe Houses 2

What did unit 203 last sell for?

AED 1,100,000 on 10 November 2022: AED 771 per sqft for 1,426 sqft. The unit has 2 registered sales; the first was AED 1,222,000 in December 2009.

What is the rent for unit 203?

AED 68,000 a year on the contract renewed on 15 January 2022. The previous contract, from January 2021, was AED 65,000; the unit has been rented since June 2013.

How big is unit 203?

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

What is unit 203 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 203, Marlowe Houses 2

Starts from the last sale price (AED 1.1M, 10 November 2022). 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 →