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2-bed · 1,735 sqftBlakely, Dubai Marina · 2nd floor · completed 2010

202, Blakely

Sold prices and rental history: sold twice, last in July 2011, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 19 September 2023
Last soldAED 2.14M25 July 2011
Current rentAED 120K /yr19 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 202, Blakely

What is 202 worth today?

Last sold for AED 2,135,888 in 2011

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19 Sep 2023RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
19 Sep 2022RentedNew contract
AED 115,000/yr12 months · AED 66 per sqft
1 May 2021RentedNew contract
AED 85,000/yr12 months · AED 49 per sqft
25 Jul 2011SoldReady
AED 2,135,888AED 1,231 per sqft
5 Nov 2009Sold by developerOff-plan
AED 2,135,888AED 1,231 per sqft

Source: Dubai Land Department. Updated 19 September 2023.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
2nd of 27
Parking
P1-1082
Developer
Emaar
Completed
2010
Service charge
AED 18,200 /yr
Last sold
AED 2.14M · July 2011
Building
Blakely

About 202, Blakely

202 is a two-bedroom apartment of 1,735 sqft on the 2nd floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 25 July 2011 for AED 2,135,888, or AED 1,231 per sqft, 9% above the AED 1,126 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 19 September 2023, is AED 120,000 a year: a gross yield of 5.6% on the 2011 price, before the service charge of about AED 18,200 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, November 2009: AED 2,135,888 (AED 1,231 per sqft)Sold, July 2011: AED 2,135,888 (AED 1,231 per sqft)

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

Rents
Unit 202, 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, May 2021: AED 85,000 a yearNew contract, September 2022: AED 115,000 a yearRenewal, September 2023: AED 120,000 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 Blakely, and where 202 sits

All 51 2-beds →

202 last sold in July 2011 at AED 1,231 per sqft, 9% above what two-beds in Blakely were fetching at the time (AED 1,126). 202's AED 120,000 is at the bottom 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 2nd floor

All 164 units in Blakely
Value
2011-bedAED 1.25M · Dec 2015
2032-bedAED 1.35M · Dec 2020
2041-bedAED 1.03M · Apr 2012
2051-bedAED 595K · Feb 2018
2061-bedAED 990K · May 2019

202, Blakely in numbers

  • Sold twice: first on 5 November 2009 for AED 2,135,888, last on 25 July 2011 for AED 2,135,888 (AED 1,231 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, from AED 85,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2011 price is 5.6%, before a service charge of about AED 18,200 a year (AED 10.47 per sqft).

Source: Dubai Land Department. Updated 19 September 2023.

Questions about 202, Blakely

What did unit 202 last sell for?

AED 2,135,888 on 25 July 2011: AED 1,231 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 2,135,888 in November 2009.

What is the rent for unit 202?

AED 120,000 a year on the contract renewed on 19 September 2023. The previous contract, from September 2022, was AED 115,000; the unit has been rented since May 2021.

How big is unit 202?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2010.

What is unit 202 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 202, Blakely

Starts from the last sale price (AED 2.14M, 25 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,135,888
Deposit, UAE resident (20%)
AED 427,178
Deposit, non-resident (40%)
AED 854,355
Monthly over 25 years at 3.7%
AED 8,739

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