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2-bed · 1,438 sqftMarlowe Houses 2, Uptown Motorcity · 3rd floor

311, Marlowe Houses 2

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 27 September 2018
Last soldAED 1.25M27 September 2018
Current rentAED 110K /yr22 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, Marlowe Houses 2

What is 311 worth today?

Last sold for AED 1,250,000 in 2018

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27 Sep 2018SoldReady
AED 1,250,000AED 869 per sqft
22 Jul 2017RentedRenewal
AED 110,000/yr12 months · AED 76 per sqft
22 Jul 2016RentedRenewal
AED 110,000/yr12 months · AED 76 per sqft
22 Jul 2015RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
22 Jul 2013RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
2 Sep 2009Sold by developerReady
AED 1,220,750AED 848 per sqft

Source: Dubai Land Department. Updated 27 September 2018.

Key facts

Type
2-bed apartment
Size
1,438 sqft
Floor
3rd of 3
Parking
M69-M70
Service charge
AED 18,200 /yr
Last sold
AED 1.25M · September 2018
Building
Marlowe Houses 2

About 311, Marlowe Houses 2

311 is a two-bedroom apartment of 1,438 sqft on the 3rd floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. It last sold on 27 September 2018 for AED 1,250,000, or AED 869 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 22 July 2017, is AED 110,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 18,200 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, September 2009: AED 1,220,750 (AED 848 per sqft)Sold, September 2018: AED 1,250,000 (AED 869 per sqft)

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

Rents
Unit 311, 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, July 2013: AED 100,000 a yearNew contract, July 2015: AED 110,000 a yearRenewal, July 2016: AED 110,000 a yearRenewal, July 2017: AED 110,000 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 311 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. 311's AED 110,000 is in the upper 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
3072-bedAED 1.48M · Feb 2017
1–7 of 11

311, Marlowe Houses 2 in numbers

  • Sold twice: first on 2 September 2009 for AED 1,220,750, last on 27 September 2018 for AED 1,250,000 (AED 869 per sqft).
  • Rented since July 2013 on 4 Ejari contracts, from AED 100,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 18,200 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 27 September 2018.

Questions about 311, Marlowe Houses 2

What did unit 311 last sell for?

AED 1,250,000 on 27 September 2018: AED 869 per sqft for 1,438 sqft. The unit has 2 registered sales; the first was AED 1,220,750 in September 2009.

What is the rent for unit 311?

AED 110,000 a year on the contract renewed on 22 July 2017. The previous contract, from July 2016, was AED 110,000; the unit has been rented since July 2013.

How big is unit 311?

1,438 sqft (133.6 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 311 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 311, Marlowe Houses 2

Starts from the last sale price (AED 1.25M, 27 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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