2-bed · 1,135 sqft52-42 Tower 1, Dubai Marina · 7th floor · completed 2020

706, 52-42 Tower 1

Sold prices and rental history: sold once, by the developer in June 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 26 August 2023
Last soldAED 2.13M20 June 2016
Current rentAED 140K /yr26 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, 52-42 Tower 1

What is 706 worth today?

Last sold for AED 2,131,888 in 2016

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26 Aug 2023RentedRenewal
AED 140,000/yr12 months · AED 124 per sqft
26 Aug 2022RentedNew contract
AED 135,000/yr12 months · AED 119 per sqft
20 Jun 2016Sold by developerOff-plan
AED 2,131,888AED 1,878 per sqft

Source: Dubai Land Department. Updated 26 August 2023.

Key facts

Type
2-bed apartment
Size
1,135 sqft
Floor
7th of 47
Parking
5F-12
Developer
Emaar
Completed
2020
Last sold
AED 2.13M · June 2016

About 706, 52-42 Tower 1

706 is a two-bedroom apartment of 1,135 sqft on the 7th floor of 52-42 Tower 1, a 47-storey tower in Dubai Marina completed in 2020 by Emaar. The developer sold it on 20 June 2016 for AED 2,131,888, or AED 1,878 per sqft, in line with the AED 1,933 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 26 August 2023, is AED 140,000 a year: a gross yield of 6.6% on the 2016 price.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in 52-42 Tower 1
2M3M4M2016201920222025Typical sale price by year: 2016 AED 2,213,888; 2017 AED 2,354,888; 2018 AED 1,900,000; 2019 AED 2,051,888; 2020 AED 1,875,000; 2021 AED 2,438,388; 2022 AED 2,471,444; 2023 AED 3,300,000; 2024 AED 3,200,000; 2025 AED 3,750,000Sold by developer, June 2016: AED 2,131,888 (AED 1,878 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in 52-42 Tower 1
150K200K2021202320252027Typical rent by year: 2021 AED 145,000; 2022 AED 150,000; 2023 AED 165,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 215,000New contract, August 2022: AED 135,000 a yearRenewal, August 2023: AED 140,000 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 52-42 Tower 1, and where 706 sits

All 151 2-beds →

706 last sold in June 2016 at AED 1,878 per sqft, in line with what two-beds in 52-42 Tower 1 were fetching at the time (AED 1,933). Over the last 12 months two-beds sold for AED 3,300,000, around AED 2,787 per sqft, and rent for AED 127,500 to 220,000 a year. 706's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Jun 20253,275,000
12 May 20254,035,000
22 Apr 20253,400,000
14 Mar 20253,750,000
1 2-bed sale in the last 12 months

52-42 Tower 1

Building

295 apartments, 1-bed to 4-bed over 47 floors in Dubai Marina, completed in 2020 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 3,385
Typical sale
AED 5.83M
Typical rent
AED 158K /yr
Typical yield
5.5%
52-42 Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 295 units in 52-42 Tower 1
Value
7011-bedAED 1.31M · Jul 2016
7022-bedAED 2.21M · Jul 2016
7032-bedAED 2.19M · Jul 2016
7041-bedAED 1.26M · Jun 2016
7052-bedAED 3.48M · Sep 2024
7072-bedAED 2.28M · Jul 2017

706, 52-42 Tower 1 in numbers

  • Sold once: by Emaar on 20 June 2016 for AED 2,131,888, or AED 1,878 per sqft.
  • Rented since August 2022 on 2 Ejari contracts, from AED 135,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2016 price is 6.6%.
  • Two-beds in 52-42 Tower 1 sold for AED 3,300,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 3,385 per sqft.

Source: Dubai Land Department. Updated 26 August 2023.

Questions about 706, 52-42 Tower 1

What did unit 706 last sell for?

AED 2,131,888 on 20 June 2016, sold by the developer: AED 1,878 per sqft for 1,135 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 140,000 a year on the contract renewed on 26 August 2023. The previous contract, from August 2022, was AED 135,000.

How big is unit 706?

1,135 sqft (105.4 sqm): a two-bedroom apartment on the 7th floor of a 47-storey tower completed in 2020.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 52-42 Tower 1 sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,787 per sqft.

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Mortgage on 706, 52-42 Tower 1

Starts from the last sale price (AED 2.13M, 20 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,131,888
Deposit, UAE resident (20%)
AED 426,378
Deposit, non-resident (40%)
AED 852,755
Monthly over 25 years at 3.7%
AED 8,722

Plus AED 94,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →