1-bed · 774 sqftDream Towers 1, Dubai Marina · 10th floor · completed 2009

1002, Dream Towers 1

Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 640K14 February 2013
Current rentAED 74K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Dream Towers 1

What is 1002 worth today?

Last sold for AED 640,000 in 2013

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1 Jul 2024RentedRenewal
AED 74,000/yr12 months · AED 96 per sqft
15 Nov 2022RentedNew contract
AED 72,000/yr12 months · AED 93 per sqft
25 Jul 2020RentedNew contract
AED 37,000/yr12 months · AED 48 per sqft
20 May 2019RentedRenewal
AED 57,000/yr12 months · AED 74 per sqft
20 May 2018RentedNew contract
AED 57,000/yr12 months · AED 74 per sqft
10 May 2013RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
14 Feb 2013SoldReady
AED 640,000AED 826 per sqft
14 Jan 2013SoldReady
AED 503,000AED 649 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
10th of 29
Parking
B2-F1002
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 17,300 /yr
Last sold
AED 640K · February 2013

About 1002, Dream Towers 1

1002 is a one-bedroom apartment of 774 sqft on the 10th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. It last sold on 14 February 2013 for AED 640,000, or AED 826 per sqft, 6% above the AED 779 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 74,000 a year: a gross yield of 11.6% on the 2013 price, before the service charge of about AED 17,300 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Dream Towers 1
500K1M20102014201820222026Typical sale price by year: 2010 AED 334,500; 2011 AED 458,500; 2012 AED 550,000; 2013 AED 788,500; 2014 AED 975,000; 2015 AED 880,000; 2016 AED 835,000; 2017 AED 805,000; 2019 AED 600,000; 2020 AED 542,500; 2021 AED 500,000; 2022 AED 600,000; 2023 AED 710,000; 2024 AED 860,000; 2025 AED 950,000Sold by developer, October 2010: AED 334,500 (AED 432 per sqft)Sold, January 2013: AED 503,000 (AED 649 per sqft)Sold, February 2013: AED 640,000 (AED 826 per sqft)

1002 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Dream Towers 1
40K60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 65,000; 2014 AED 78,000; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 46,750; 2023 AED 59,000; 2024 AED 68,000; 2025 AED 70,000; 2026 AED 75,000New contract, May 2013: AED 60,000 a yearNew contract, May 2018: AED 57,000 a yearRenewal, May 2019: AED 57,000 a yearNew contract, July 2020: AED 37,000 a yearNew contract, November 2022: AED 72,000 a yearRenewal, July 2024: AED 74,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Dream Towers 1, and where 1002 sits

All 226 1-beds →

1002 last sold in February 2013 at AED 826 per sqft, 6% above what one-beds in Dream Towers 1 were fetching at the time (AED 779). Over the last 12 months one-beds sold for AED 1,000,000 to 1,150,000, around AED 1,490 per sqft, and rent for AED 58,000 to 130,000 a year. 1002's AED 74,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Feb 20261,150,000
21 Jul 2025900,000
30 Jun 20251,100,000
25 Jun 2025970,000
2 1-bed sales in the last 12 months

Dream Towers 1

Building

359 apartments, 1-bed to 2-bed over 29 floors in Dubai Marina, completed in 2009 by Desert Dream Investments & Development Properties. 2 sold in the last 12 months.

Typical price per sqft
AED 1,490
Typical sale
AED 1.08M
Typical rent
AED 78K /yr
Typical yield
5.7%
Dream Towers 1, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 359 units in Dream Towers 1
Value
10011-bedAED 750K · Oct 2023
10031-bedAED 433K · Apr 2011
10041-bedAED 1M · Aug 2015
10051-bedAED 770K · Sep 2023
10062-bedNo registered sale
10072-bedNo registered sale
10081-bedAED 454K · Oct 2010
1–7 of 13

1002, Dream Towers 1 in numbers

  • Sold 3 times: first on 20 October 2010 for AED 334,500, last on 14 February 2013 for AED 640,000 (AED 826 per sqft).
  • Rented since May 2013 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 37,000 in 2020 and recovered to AED 74,000 by July 2024.
  • At AED 74,000 a year the gross yield on the 2013 price is 11.6%, before a service charge of about AED 17,300 a year (AED 22.41 per sqft).
  • One-beds in Dream Towers 1 sold for AED 1,000,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,490 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Questions about 1002, Dream Towers 1

What did unit 1002 last sell for?

AED 640,000 on 14 February 2013: AED 826 per sqft for 774 sqft. The unit has 3 registered sales; the first was AED 334,500 in October 2010.

What is the rent for unit 1002?

AED 74,000 a year on the contract renewed on 1 July 2024. The previous contract, from November 2022, was AED 72,000; the unit has been rented since May 2013.

How big is unit 1002?

774 sqft (71.9 sqm): a one-bedroom apartment on the 10th floor of a 29-storey tower completed in 2009.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dream Towers 1 sold for AED 1,000,000 to 1,150,000 in the last 12 months, around AED 1,490 per sqft.

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Mortgage on 1002, Dream Towers 1

Starts from the last sale price (AED 640K, 14 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

Plus AED 31,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →