2901, Dream Towers 1
Sold prices and rental history: sold once, by the developer in April 2024, and rented once, from January 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2901, Dream Towers 1
What is 2901 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 April 2024.
Key facts
- Type
- Apartment
- Size
- 6,869 sqft
- Floor
- 29th of 29
- Parking
- B1-F2901
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 153,900 /yr
- Last sold
- AED 6.5M · April 2024
- Building
- Dream Towers 1
About 2901, Dream Towers 1
2901 is an apartment of 6,869 sqft on the 29th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. The developer sold it on 26 April 2024 for AED 6,500,000, or AED 946 per sqft.
One Ejari contract is registered, from 1 January 2018. The current contract, signed on 1 January 2018, is AED 250,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 153,900 a year.
Dream Towers 1
Building359 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%
Other units on the 29th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2902 | 6,624 sqft | AED 6.5MAED 6,500,000 · Apr 2024April 2024 | 220,000 /yr |
2901, Dream Towers 1 in numbers
- Sold once: by Desert Dream Investments & Development Properties on 26 April 2024 for AED 6,500,000, or AED 946 per sqft.
- Rented since January 2018 on one Ejari contract, at AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 153,900 a year (AED 22.41 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 26 April 2024.
Questions about 2901, Dream Towers 1
What did unit 2901 last sell for?
AED 6,500,000 on 26 April 2024, sold by the developer: AED 946 per sqft for 6,869 sqft. It is the only registered sale of the unit.
What is the rent for unit 2901?
AED 250,000 a year on the contract signed on 1 January 2018.
How big is unit 2901?
6,869 sqft (638.2 sqm): an apartment on the 29th floor of a 29-storey tower completed in 2009.
What is unit 2901 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 2901, Dream Towers 1
Starts from the last sale price (AED 6.5M, 26 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,500,000
- Deposit, UAE resident (20%)
- AED 1,300,000
- Deposit, non-resident (40%)
- AED 2,600,000
- Monthly over 25 years at 3.7%
- AED 26,594
Plus AED 278,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →