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

312, Marlowe Houses 2

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 24 May 2021
Last soldAED 1.35M24 May 2021
Current rentAED 90K /yr7 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, Marlowe Houses 2

What is 312 worth today?

Last sold for AED 1,350,000 in 2021

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24 May 2021SoldReady
AED 1,350,000AED 698 per sqft
7 Jun 2020RentedNew contract
AED 90,000/yr12 months · AED 47 per sqft
18 Apr 2019RentedRenewal
AED 110,000/yr12 months · AED 57 per sqft
18 Apr 2018RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
8 Feb 2017RentedNew contract
AED 145,000/yr12 months · AED 75 per sqft
22 Oct 2009Sold by developerReady
AED 869,000AED 449 per sqft

Source: Dubai Land Department. Updated 24 May 2021.

Key facts

Type
3-bed apartment
Size
1,932 sqft
Floor
3rd of 3
Parking
M52-M53
Service charge
AED 24,500 /yr
Last sold
AED 1.35M · May 2021
Building
Marlowe Houses 2

About 312, Marlowe Houses 2

312 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 24 May 2021 for AED 1,350,000, or AED 698 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 7 June 2020, is AED 90,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 24,500 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 2009: AED 869,000 (AED 449 per sqft)Sold, May 2021: AED 1,350,000 (AED 698 per sqft)

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

Rents
Unit 312, 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, February 2017: AED 145,000 a yearNew contract, April 2018: AED 130,000 a yearRenewal, April 2019: AED 110,000 a yearNew contract, June 2020: AED 90,000 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 312 sits

All 16 3-beds →

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. 312's AED 90,000 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 Mar 20241,850,000
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
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

312, Marlowe Houses 2 in numbers

  • Sold twice: first on 22 October 2009 for AED 869,000, last on 24 May 2021 for AED 1,350,000 (AED 698 per sqft).
  • Rented since February 2017 on 4 Ejari contracts, from AED 145,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 6.7%, 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 24 May 2021.

Questions about 312, Marlowe Houses 2

What did unit 312 last sell for?

AED 1,350,000 on 24 May 2021: AED 698 per sqft for 1,932 sqft. The unit has 2 registered sales; the first was AED 869,000 in October 2009.

What is the rent for unit 312?

AED 90,000 a year on the contract signed on 7 June 2020. The previous contract, from April 2019, was AED 110,000; the unit has been rented since February 2017.

How big is unit 312?

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

What is unit 312 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 312, Marlowe Houses 2

Starts from the last sale price (AED 1.35M, 24 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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