3-bed · 2,022 sqftMarlowe Houses 2, Uptown Motorcity · Ground floor

G04, Marlowe Houses 2

Sold prices and rental history: sold once, by the developer in December 2009, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 1 December 2013
Last soldAED 1.71M24 December 2009
Current rentAED 130K /yr1 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, Marlowe Houses 2

What is G04 worth today?

Last sold for AED 1,710,000 in 2009

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1 Dec 2013RentedNew contract
AED 130,000/yr12 months · AED 64 per sqft
15 Nov 2012RentedNew contract
AED 113,000/yr12 months · AED 56 per sqft
24 Dec 2009Sold by developerReady
AED 1,710,000AED 845 per sqft

Source: Dubai Land Department. Updated 1 December 2013.

Key facts

Type
3-bed apartment
Size
2,022 sqft
Floor
Ground of 3
Parking
M186-M187
Service charge
AED 25,600 /yr
Last sold
AED 1.71M · December 2009

About G04, Marlowe Houses 2

G04 is a three-bedroom apartment of 2,022 sqft on the ground floor of Marlowe Houses 2, a 3-storey tower in Uptown Motorcity. The developer sold it on 24 December 2009 for AED 1,710,000, or AED 845 per sqft, in line with the AED 848 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 December 2013, is AED 130,000 a year: a gross yield of 7.6% on the 2009 price, before the service charge of about AED 25,600 a year.

Sales and rents for G04 over time

Sales
Unit G04, each saleTypical three-bed in Marlowe Houses 2
1.5M2M20092013201720212025Typical 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, December 2009: AED 1,710,000 (AED 845 per sqft)

G04 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G04, 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, November 2012: AED 113,000 a yearNew contract, December 2013: AED 130,000 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 G04 sits

All 16 3-beds →

G04 last sold in December 2009 at AED 845 per sqft, in line with what three-beds in Marlowe Houses 2 were fetching at the time (AED 848). 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. G04's AED 130,000 is in the lower half 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 ground floor

All 46 units in Marlowe Houses 2
Value
G013-bedAED 2.15M · Aug 2024
G022-bedAED 1.25M · Jun 2009
G032-bedAED 1.3M · Jun 2015
G053-bedAED 1.75M · Jun 2009
G062-bedAED 1.05M · Jan 2023
G072-bedAED 1.7M · Feb 2026
G082-bedAED 1.42M · May 2024
1–7 of 9

G04, Marlowe Houses 2 in numbers

  • Sold once: by the developer on 24 December 2009 for AED 1,710,000, or AED 845 per sqft.
  • Rented since November 2012 on 2 Ejari contracts, from AED 113,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2009 price is 7.6%, before a service charge of about AED 25,600 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 1 December 2013.

Questions about G04, Marlowe Houses 2

What did unit G04 last sell for?

AED 1,710,000 on 24 December 2009, sold by the developer: AED 845 per sqft for 2,022 sqft. It is the only registered sale of the unit.

What is the rent for unit G04?

AED 130,000 a year on the contract signed on 1 December 2013. The previous contract, from November 2012, was AED 113,000.

How big is unit G04?

2,022 sqft (187.9 sqm): a three-bedroom apartment on the ground floor of a 3-storey tower.

What is unit G04 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 G04, Marlowe Houses 2

Starts from the last sale price (AED 1.71M, 24 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,710,000
Deposit, UAE resident (20%)
AED 342,000
Deposit, non-resident (40%)
AED 684,000
Monthly over 25 years at 3.7%
AED 6,996

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