704, Dream Towers 1
Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Dream Towers 1
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 735 sqft
- Floor
- 7th of 29
- Parking
- B2-F704
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 16,500 /yr
- Last sold
- AED 450K · December 2021
- Building
- Dream Towers 1
About 704, Dream Towers 1
704 is a one-bedroom apartment of 735 sqft on the 7th 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 7 December 2021 for AED 450,000, or AED 611 per sqft, 11% below the AED 686 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 13 February 2025, is AED 73,500 a year: a gross yield of 16.3% on the 2021 price, before the service charge of about AED 16,500 a year.
Sales and rents for 704 over time
704 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 704 sits
All 226 1-beds →704 last sold in December 2021 at AED 611 per sqft, 11% below what one-beds in Dream Towers 1 were fetching at the time (AED 686). 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. 704's AED 73,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 678 sqft | 1,150,000 | 1,696 | ||
| 21 Jul 202521 July 2025 | 637 sqft | 900,000 | 1,413 | ||
| 30 Jun 202530 June 2025 | 694 sqft | 1,100,000 | 1,583 | ||
| 25 Jun 202525 June 2025 | 731 sqft | 970,000 | 1,326 |
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 7th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 679 sqft | AED 930KAED 930,000 · May 2025May 2025 | 61,600 /yr | |
| 702 | 1-bed | 777 sqft | AED 411KAED 411,300 · Nov 2010November 2010 | 71,000 /yr | |
| 703 | 1-bed | 782 sqft | AED 625KAED 625,000 · Jan 2015January 2015 | 70,000 /yr | |
| 705 | 1-bed | 690 sqft | AED 800KAED 800,000 · Jul 2015July 2015 | 66,000 /yr | |
| 706 | 2-bed | 1,216 sqft | No registered sale | 85,000 /yr | |
| 707 | 2-bed | 1,215 sqft | No registered sale | 85,000 /yr | |
| 708 | 1-bed | 694 sqft | AED 445KAED 445,000 · Oct 2010October 2010 | 58,800 /yr | |
| 709 | 1-bed | 732 sqft | AED 379KAED 379,200 · Feb 2011February 2011 | 76,000 /yr | |
| 710 | 1-bed | 795 sqft | AED 760KAED 760,000 · May 2013May 2013 | 65,000 /yr | |
| 711 | 1-bed | 786 sqft | AED 810KAED 810,000 · May 2024May 2024 | 73,000 /yr | |
| 712 | 1-bed | 635 sqft | AED 650KAED 650,000 · Feb 2023February 2023 | 77,000 /yr | |
| 713 | 2-bed | 1,417 sqft | No registered sale | 85,000 /yr | |
| 714 | 2-bed | 1,417 sqft | No registered sale | 83,000 /yr |
704, Dream Towers 1 in numbers
- Sold 3 times: first on 30 June 2010 for AED 305,000, last on 7 December 2021 for AED 450,000 (AED 611 per sqft).
- Rented since August 2012 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2020 and recovered to AED 73,500 by February 2025.
- At AED 73,500 a year the gross yield on the 2021 price is 16.3%, before a service charge of about AED 16,500 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 13 February 2025.
Questions about 704, Dream Towers 1
What did unit 704 last sell for?
AED 450,000 on 7 December 2021: AED 611 per sqft for 735 sqft. The unit has 3 registered sales; the first was AED 305,000 in June 2010.
What is the rent for unit 704?
AED 73,500 a year on the contract renewed on 13 February 2025. The previous contract, from February 2024, was AED 73,500; the unit has been rented since August 2012.
How big is unit 704?
735 sqft (68.3 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2009.
What is unit 704 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 704, Dream Towers 1
Starts from the last sale price (AED 450K, 7 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →