2-bed · 1,463 sqftBlakely, Dubai Marina · 12th floor · completed 2010

1203, Blakely

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 23 February 2025
Last soldAED 1.36M11 March 2013
Current rentAED 122K /yr23 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Blakely

What is 1203 worth today?

Last sold for AED 1,355,888 in 2013

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23 Feb 2025RentedRenewal
AED 121,510/yr4 months · AED 83 per sqft
23 Feb 2024RentedRenewal
AED 115,787/yr12 months · AED 79 per sqft
23 Feb 2023RentedRenewal
AED 102,533/yr12 months · AED 70 per sqft
23 Feb 2022RentedRenewal
AED 97,650/yr12 months · AED 67 per sqft
23 Feb 2021RentedNew contract
AED 93,000/yr12 months · AED 64 per sqft
23 Feb 2020RentedNew contract
AED 100,000/yr12 months · AED 68 per sqft
20 Jan 2019RentedNew contract
AED 125,000/yr12 months · AED 85 per sqft
22 Nov 2018RentedNew contract
AED 125,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 23 February 2025.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
12th of 27
Parking
P1-1052
Developer
Emaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1.36M · March 2013
Building
Blakely

About 1203, Blakely

1203 is a two-bedroom apartment of 1,463 sqft on the 12th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 11 March 2013 for AED 1,355,888, or AED 926 per sqft, 20% below the AED 1,162 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 23 February 2025, is AED 121,510 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Blakely
2M2009201320172021Typical sale price by year: 2009 AED 1,583,388; 2010 AED 1,666,888; 2011 AED 1,611,888; 2012 AED 1,667,444; 2013 AED 1,750,000; 2014 AED 2,600,000; 2015 AED 2,050,000; 2016 AED 2,235,000; 2017 AED 1,912,500; 2019 AED 1,475,000; 2020 AED 1,500,000; 2022 AED 2,347,500; 2023 AED 2,200,000Sold by developer, March 2010: AED 1,355,888 (AED 926 per sqft)Sold, March 2013: AED 1,355,888 (AED 926 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Blakely
100K150K2012201620202024Typical rent by year: 2012 AED 115,500; 2013 AED 135,000; 2014 AED 147,500; 2015 AED 155,000; 2016 AED 150,000; 2017 AED 142,450; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 95,000; 2022 AED 117,500; 2023 AED 140,000; 2024 AED 145,000; 2025 AED 145,000; 2026 AED 160,000New contract, October 2012: AED 115,500 a yearNew contract, October 2013: AED 124,999 a yearRenewal, March 2014: AED 144,000 a yearNew contract, October 2014: AED 165,000 a yearNew contract, October 2016: AED 160,000 a yearNew contract, October 2017: AED 140,000 a yearNew contract, November 2018: AED 125,000 a yearNew contract, January 2019: AED 125,000 a yearNew contract, February 2020: AED 100,000 a yearNew contract, February 2021: AED 93,000 a yearRenewal, February 2022: AED 97,650 a yearRenewal, February 2023: AED 102,533 a yearRenewal, February 2024: AED 115,787 a yearRenewal, February 2025: AED 121,510 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 Blakely, and where 1203 sits

All 51 2-beds →

1203 last sold in March 2013 at AED 926 per sqft, 20% below what two-beds in Blakely were fetching at the time (AED 1,162). 1203's AED 121,510 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 May 20252,940,000
14 Mar 20252,600,000
20 Dec 20242,600,000
29 Mar 20242,400,000
0 2-bed sales in the last 12 months

Blakely

Building

164 apartments, 1-bed to 3-bed over 27 floors in Dubai Marina, completed in 2010 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,952
Typical sale
AED 1.8M
Typical rent
AED 105K /yr
Typical yield
5.9%
Blakely, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 164 units in Blakely
Value
12011-bedAED 826K · Mar 2013
12022-bedAED 1.31M · Mar 2013
1204AED 2M · Sep 2025
12051-bedAED 683K · Mar 2013
12061-bedAED 807K · Mar 2013

1203, Blakely in numbers

  • Sold twice: first on 2 March 2010 for AED 1,355,888, last on 11 March 2013 for AED 1,355,888 (AED 926 per sqft).
  • Rented since October 2012 on 14 Ejari contracts. The rent fell from AED 115,500 to AED 93,000 in 2021 and recovered to AED 121,510 by February 2025.
  • At AED 121,510 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 15,300 a year (AED 10.47 per sqft).

Source: Dubai Land Department. Updated 23 February 2025.

Questions about 1203, Blakely

What did unit 1203 last sell for?

AED 1,355,888 on 11 March 2013: AED 926 per sqft for 1,463 sqft. The unit has 2 registered sales; the first was AED 1,355,888 in March 2010.

What is the rent for unit 1203?

AED 121,510 a year on the contract renewed on 23 February 2025. The previous contract, from February 2024, was AED 115,787; the unit has been rented since October 2012.

How big is unit 1203?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2010.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1203, Blakely

Starts from the last sale price (AED 1.36M, 11 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,355,888
Deposit, UAE resident (20%)
AED 271,178
Deposit, non-resident (40%)
AED 542,355
Monthly over 25 years at 3.7%
AED 5,547

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