2-bed · 1,458 sqftMarlowe Houses 2, Uptown Motorcity · 3rd floor

302, Marlowe Houses 2

Sold prices and rental history: sold once, by the developer in October 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 19 August 2019
Last soldAED 637K19 October 2009
Current rentAED 100K /yr19 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Marlowe Houses 2

What is 302 worth today?

Last sold for AED 636,500 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Aug 2019RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
19 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
19 Aug 2017RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft
19 Aug 2016RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft
19 Aug 2015RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft
19 Aug 2014RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
19 Oct 2009Sold by developerReady
AED 636,500AED 436 per sqft

Source: Dubai Land Department. Updated 19 August 2019.

Key facts

Type
2-bed apartment
Size
1,458 sqft
Floor
3rd of 3
Parking
M58-M63
Service charge
AED 18,500 /yr
Last sold
AED 637K · October 2009

About 302, Marlowe Houses 2

302 is a two-bedroom apartment of 1,458 sqft on the 3rd floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. The developer sold it on 19 October 2009 for AED 636,500, or AED 436 per sqft, 49% below the AED 855 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 19 August 2019, is AED 100,000 a year: a gross yield of 15.7% on the 2009 price, before the service charge of about AED 18,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Marlowe Houses 2
500K1M1.5M20092013201720212025Typical 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, October 2009: AED 636,500 (AED 436 per sqft)

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

Rents
Unit 302, 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, August 2014: AED 120,000 a yearRenewal, August 2015: AED 120,000 a yearRenewal, August 2016: AED 120,000 a yearRenewal, August 2017: AED 120,000 a yearRenewal, August 2018: AED 100,000 a yearRenewal, August 2019: 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 302 sits

All 27 2-beds →

302 last sold in October 2009 at AED 436 per sqft, 49% below 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. 302'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 3rd floor

All 46 units in Marlowe Houses 2
Value
3013-bedAED 1.85M · Mar 2024
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

302, Marlowe Houses 2 in numbers

  • Sold once: by the developer on 19 October 2009 for AED 636,500, or AED 436 per sqft.
  • Rented since August 2014 on 6 Ejari contracts, from AED 120,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2009 price is 15.7%, before a service charge of about AED 18,500 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 19 August 2019.

Questions about 302, Marlowe Houses 2

What did unit 302 last sell for?

AED 636,500 on 19 October 2009, sold by the developer: AED 436 per sqft for 1,458 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 100,000 a year on the contract renewed on 19 August 2019. The previous contract, from August 2018, was AED 100,000; the unit has been rented since August 2014.

How big is unit 302?

1,458 sqft (135.5 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 302 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.

Selling 302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 302, Marlowe Houses 2

Starts from the last sale price (AED 637K, 19 October 2009). Switch to today's estimate once you have unlocked it.
Price
AED 636,500
Deposit, UAE resident (20%)
AED 127,300
Deposit, non-resident (40%)
AED 254,600
Monthly over 25 years at 3.7%
AED 2,604

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