3-bed · 1,932 sqftMarlowe Houses 2, Uptown Motorcity · 3rd floor

301, Marlowe Houses 2

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 22 March 2024
Last soldAED 1.85M22 March 2024
Current rentAED 120K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Marlowe Houses 2

What is 301 worth today?

Last sold for AED 1,850,000 in 2024

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22 Mar 2024SoldReady
AED 1,850,000AED 957 per sqft
1 Mar 2023RentedRenewal
AED 120,000/yr12 months · AED 62 per sqft
1 Mar 2022RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
4 Jan 2022SoldReady
AED 1,410,000AED 729 per sqft
15 Nov 2013RentedNew contract
AED 89,250/yr12 months · AED 46 per sqft
15 Nov 2012RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
12 Oct 2010Sold by developerReady
AED 806,550AED 417 per sqft

Source: Dubai Land Department. Updated 22 March 2024.

Key facts

Type
3-bed apartment
Size
1,932 sqft
Floor
3rd of 3
Parking
M54-M73
Service charge
AED 24,500 /yr
Last sold
AED 1.85M · March 2024

About 301, Marlowe Houses 2

301 is a three-bedroom apartment of 1,932 sqft on the 3rd floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. It last sold on 22 March 2024 for AED 1,850,000, or AED 957 per sqft, 12% above the AED 858 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 120,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 24,500 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical three-bed in Marlowe Houses 2
1M2M20092013201720212025Typical sale price by year: 2009 AED 1,710,000; 2013 AED 1,415,000; 2015 AED 1,950,000; 2023 AED 1,640,000; 2024 AED 2,050,000Sold by developer, October 2010: AED 806,550 (AED 417 per sqft)Sold, January 2022: AED 1,410,000 (AED 729 per sqft)Sold, March 2024: AED 1,850,000 (AED 957 per sqft)

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

Rents
Unit 301, each contractTypical three-bed in Marlowe Houses 2
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 120,000; 2014 AED 150,000; 2015 AED 155,000; 2016 AED 158,500; 2017 AED 140,000; 2018 AED 132,500; 2019 AED 112,885; 2020 AED 90,000; 2021 AED 100,000; 2022 AED 115,000; 2023 AED 108,365; 2024 AED 133,138; 2025 AED 148,670; 2026 AED 148,750New contract, November 2012: AED 85,000 a yearNew contract, November 2013: AED 89,250 a yearNew contract, March 2022: AED 120,000 a yearRenewal, March 2023: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marlowe Houses 2, and where 301 sits

All 16 3-beds →

301 last sold in March 2024 at AED 957 per sqft, 12% above what three-beds in Marlowe Houses 2 were fetching at the time (AED 858). Over the last 12 months three-beds sold for AED 2,350,000, around AED 1,165 per sqft, and rent for AED 128,207 to 190,000 a year. 301's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Jan 20262,350,000
9 Sep 20242,050,000
15 Aug 20242,150,000
22 Sep 20231,750,000
1 3-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 3rd floor

All 46 units in Marlowe Houses 2
Value
3022-bedAED 637K · Oct 2009
3032-bedAED 1.05M · Jan 2023
3042-bedAED 1.4M · Oct 2024
3053-bedAED 1.64M · Aug 2023
3063-bedAED 1.4M · Dec 2021
3072-bedAED 1.48M · Feb 2017
3082-bedAED 1.2M · Jun 2009
1–7 of 11

301, Marlowe Houses 2 in numbers

  • Sold 3 times: first on 12 October 2010 for AED 806,550, last on 22 March 2024 for AED 1,850,000 (AED 957 per sqft).
  • Rented since November 2012 on 4 Ejari contracts, from AED 85,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 24,500 a year (AED 12.66 per sqft).
  • Three-beds in Marlowe Houses 2 sold for AED 2,350,000–2,350,000 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 22 March 2024.

Questions about 301, Marlowe Houses 2

What did unit 301 last sell for?

AED 1,850,000 on 22 March 2024: AED 957 per sqft for 1,932 sqft. The unit has 3 registered sales; the first was AED 806,550 in October 2010.

What is the rent for unit 301?

AED 120,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 120,000; the unit has been rented since November 2012.

How big is unit 301?

1,932 sqft (179.5 sqm): a three-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marlowe Houses 2 sold for AED 2,350,000 to 2,350,000 in the last 12 months, around AED 1,165 per sqft.

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Mortgage on 301, Marlowe Houses 2

Starts from the last sale price (AED 1.85M, 22 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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