2-bed · 1,413 sqftMarlowe Houses 2, Uptown Motorcity · 3rd floor

303, Marlowe Houses 2

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

Unit 303 · DLD and Ejari recordsUpdated 5 January 2023
Last soldAED 1.05M5 January 2023
Current rentAED 57K /yr14 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Marlowe Houses 2

What is 303 worth today?

Last sold for AED 1,045,000 in 2023

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5 Jan 2023SoldReady
AED 1,045,000AED 739 per sqft
14 Jun 2022RentedRenewal
AED 57,000/yr6 months · AED 40 per sqft
14 Dec 2021RentedRenewal
AED 57,000/yr6 months · AED 40 per sqft
14 Dec 2020RentedNew contract
AED 57,000/yr12 months · AED 40 per sqft
20 Jun 2020RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft
9 Jun 2019RentedNew contract
AED 84,000/yr12 months · AED 60 per sqft
27 Mar 2017RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
25 Feb 2016RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 5 January 2023.

Key facts

Type
2-bed apartment
Size
1,413 sqft
Floor
3rd of 3
Parking
M61-M62
Service charge
AED 17,900 /yr
Last sold
AED 1.05M · January 2023

About 303, Marlowe Houses 2

303 is a two-bedroom apartment of 1,413 sqft on the 3rd floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. It last sold on 5 January 2023 for AED 1,045,000, or AED 739 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 14 June 2022, is AED 57,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 17,900 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 1,227,000 (AED 868 per sqft)Sold, January 2023: AED 1,045,000 (AED 739 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in Marlowe Houses 2
50K100K2013201720212025Typical 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, February 2016: AED 115,000 a yearNew contract, March 2017: AED 105,000 a yearNew contract, June 2019: AED 84,000 a yearNew contract, June 2020: AED 60,000 a yearNew contract, December 2020: AED 57,000 a yearRenewal, December 2021: AED 57,000 a yearRenewal, June 2022: AED 57,000 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 303 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. 303's AED 57,000 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 3rd floor

All 46 units in Marlowe Houses 2
Value
3013-bedAED 1.85M · Mar 2024
3022-bedAED 637K · Oct 2009
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

303, Marlowe Houses 2 in numbers

  • Sold twice: first on 30 August 2009 for AED 1,227,000, last on 5 January 2023 for AED 1,045,000 (AED 739 per sqft).
  • Rented since October 2013 on 8 Ejari contracts, from AED 100,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 17,900 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 5 January 2023.

Questions about 303, Marlowe Houses 2

What did unit 303 last sell for?

AED 1,045,000 on 5 January 2023: AED 739 per sqft for 1,413 sqft. The unit has 2 registered sales; the first was AED 1,227,000 in August 2009.

What is the rent for unit 303?

AED 57,000 a year on the contract renewed on 14 June 2022. The previous contract, from December 2021, was AED 57,000; the unit has been rented since October 2013.

How big is unit 303?

1,413 sqft (131.3 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 303 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 303, Marlowe Houses 2

Starts from the last sale price (AED 1.05M, 5 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,045,000
Deposit, UAE resident (20%)
AED 209,000
Deposit, non-resident (40%)
AED 418,000
Monthly over 25 years at 3.7%
AED 4,275

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