2-bed · 1,433 sqftMarlowe Houses 2, Uptown Motorcity · 3rd floor

307, Marlowe Houses 2

Sold prices and rental history: sold twice, last in February 2017, and rented once, from June 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 22 February 2017
Last soldAED 1.48M22 February 2017
Current rentAED 100K /yr4 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Marlowe Houses 2

What is 307 worth today?

Last sold for AED 1,475,000 in 2017

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22 Feb 2017SoldReady
AED 1,475,000AED 1,029 per sqft
4 Jun 2014RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
24 May 2011Sold by developerReady
AED 750,000AED 523 per sqft

Source: Dubai Land Department. Updated 22 February 2017.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
3rd of 3
Parking
M81-M82
Service charge
AED 18,100 /yr
Last sold
AED 1.48M · February 2017

About 307, Marlowe Houses 2

307 is a two-bedroom apartment of 1,433 sqft on the 3rd floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. It last sold on 22 February 2017 for AED 1,475,000, or AED 1,029 per sqft.

One Ejari contract is registered, from 4 June 2014. The current contract, signed on 4 June 2014, is AED 100,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 18,100 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Marlowe Houses 2
1M1.5M20092013201720212025Typical 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, May 2011: AED 750,000 (AED 523 per sqft)Sold, February 2017: AED 1,475,000 (AED 1,029 per sqft)

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

Rents
Unit 307, 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, June 2014: 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 307 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. 307'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
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
3082-bedAED 1.2M · Jun 2009
1–7 of 11

307, Marlowe Houses 2 in numbers

  • Sold twice: first on 24 May 2011 for AED 750,000, last on 22 February 2017 for AED 1,475,000 (AED 1,029 per sqft).
  • Rented since June 2014 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2017 price is 6.8%, 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 22 February 2017.

Questions about 307, Marlowe Houses 2

What did unit 307 last sell for?

AED 1,475,000 on 22 February 2017: AED 1,029 per sqft for 1,433 sqft. The unit has 2 registered sales; the first was AED 750,000 in May 2011.

What is the rent for unit 307?

AED 100,000 a year on the contract signed on 4 June 2014.

How big is unit 307?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 307 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 307, Marlowe Houses 2

Starts from the last sale price (AED 1.48M, 22 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

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