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

204, Marlowe Houses 2

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 3 September 2023
Last soldAED 1.26M1 July 2009
Current rentAED 66K /yr3 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Marlowe Houses 2

What is 204 worth today?

Last sold for AED 1,259,000 in 2009

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3 Sep 2023RentedRenewal
AED 66,000/yr12 months · AED 45 per sqft
3 Sep 2022RentedRenewal
AED 60,000/yr12 months · AED 41 per sqft
1 Sep 2021RentedRenewal
AED 60,000/yr12 months · AED 41 per sqft
1 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 41 per sqft
15 Oct 2016RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft
15 Oct 2015RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft
15 Oct 2014RentedNew contract
AED 100,000/yr12 months · AED 68 per sqft
15 Oct 2013RentedNew contract
AED 100,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 3 September 2023.

Key facts

Type
2-bed apartment
Size
1,471 sqft
Floor
2nd of 3
Parking
M48-M49
Service charge
AED 18,600 /yr
Last sold
AED 1.26M · July 2009

About 204, Marlowe Houses 2

204 is a two-bedroom apartment of 1,471 sqft on the 2nd floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. The developer sold it on 1 July 2009 for AED 1,259,000, or AED 855 per sqft, in line with the AED 855 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 3 September 2023, is AED 66,000 a year: a gross yield of 5.2% on the 2009 price, before the service charge of about AED 18,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, July 2009: AED 1,259,000 (AED 855 per sqft)

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

Rents
Unit 204, 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, October 2013: AED 100,000 a yearNew contract, October 2014: AED 100,000 a yearRenewal, October 2015: AED 100,000 a yearRenewal, October 2016: AED 100,000 a yearNew contract, September 2020: AED 60,000 a yearRenewal, September 2021: AED 60,000 a yearRenewal, September 2022: AED 60,000 a yearRenewal, September 2023: AED 66,000 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 204 sits

All 27 2-beds →

204 last sold in July 2009 at AED 855 per sqft, in line with what two-beds in Marlowe Houses 2 were fetching at the time (AED 855). 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. 204's AED 66,000 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
2032-bedAED 1.1M · Nov 2022
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

204, Marlowe Houses 2 in numbers

  • Sold once: by the developer on 1 July 2009 for AED 1,259,000, or AED 855 per sqft.
  • Rented since October 2013 on 8 Ejari contracts, from AED 100,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2009 price is 5.2%, 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 3 September 2023.

Questions about 204, Marlowe Houses 2

What did unit 204 last sell for?

AED 1,259,000 on 1 July 2009, sold by the developer: AED 855 per sqft for 1,471 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 66,000 a year on the contract renewed on 3 September 2023. The previous contract, from September 2022, was AED 60,000; the unit has been rented since October 2013.

How big is unit 204?

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

What is unit 204 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 204, Marlowe Houses 2

Starts from the last sale price (AED 1.26M, 1 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,259,000
Deposit, UAE resident (20%)
AED 251,800
Deposit, non-resident (40%)
AED 503,600
Monthly over 25 years at 3.7%
AED 5,151

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