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2-bed · 1,677 sqftKG Tower, Dubai Marina · 11th floor · completed 2007

1103, KG Tower

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 1.1M10 May 2021
Current rentAED 138K /yr16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1103, KG Tower

What is 1103 worth today?

Last sold for AED 1,100,000 in 2021

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16 Dec 2024RentedRenewal
AED 138,000/yr12 months · AED 82 per sqft
16 Dec 2023RentedNew contract
AED 115,000/yr12 months · AED 69 per sqft
1 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 54 per sqft
20 Aug 2021RentedNew contract
AED 70,000/yr12 months · AED 42 per sqft
10 May 2021SoldReady
AED 1,100,000AED 656 per sqft
5 Dec 2017RentedNew contract
AED 102,500/yr12 months · AED 61 per sqft
10 Jun 2016RentedNew contract
AED 125,000/yr12 months · AED 74 per sqft
1 Aug 2014RentedNew contract
AED 140,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
11th of 18
Parking
39
Developer
KG Interntaional
Completed
2007
Service charge
AED 28,900 /yr
Last sold
AED 1.1M · May 2021
Building
KG Tower

About 1103, KG Tower

1103 is a two-bedroom apartment of 1,677 sqft on the 11th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. It last sold on 10 May 2021 for AED 1,100,000, or AED 656 per sqft, in line with the AED 656 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 16 December 2024, is AED 138,000 a year: a gross yield of 12.6% on the 2021 price, before the service charge of about AED 28,900 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical two-bed in KG Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,597,390; 2013 AED 2,140,505; 2014 AED 1,649,706; 2015 AED 1,576,500; 2016 AED 1,500,000; 2017 AED 1,450,000; 2018 AED 1,300,000; 2021 AED 1,100,000; 2023 AED 1,400,000; 2024 AED 1,540,000; 2025 AED 1,700,000Sold by developer, February 2009: AED 1,513,710 (AED 902 per sqft)Sold, May 2021: AED 1,100,000 (AED 656 per sqft)

1103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, each contractTypical two-bed in KG Tower
100K150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 115,000; 2014 AED 131,000; 2015 AED 136,800; 2016 AED 135,000; 2017 AED 105,000; 2018 AED 105,000; 2019 AED 80,000; 2020 AED 76,000; 2021 AED 80,000; 2022 AED 88,000; 2023 AED 114,857; 2024 AED 119,500; 2025 AED 127,500New contract, September 2012: AED 140,000 a yearNew contract, August 2014: AED 140,000 a yearNew contract, June 2016: AED 125,000 a yearNew contract, December 2017: AED 102,500 a yearNew contract, August 2021: AED 70,000 a yearNew contract, November 2022: AED 90,000 a yearNew contract, December 2023: AED 115,000 a yearRenewal, December 2024: AED 138,000 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 KG Tower, and where 1103 sits

All 28 2-beds →

1103 last sold in May 2021 at AED 656 per sqft, in line with what two-beds in KG Tower were fetching at the time (AED 656). 1103's AED 138,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20251,700,000
23 Jan 20251,660,000
16 Jan 20251,700,000
3 Sep 20241,530,000
0 2-bed sales in the last 12 months

KG Tower

Building

67 apartments, 2-bed to 4-bed over 18 floors in Dubai Marina, completed in 2007 by KG Interntaional. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 125K /yr
Typical yield
KG Tower, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 67 units in KG Tower
Value
11013-bedAED 2.5M · May 2009
11022-bedAED 1.6M · Jan 2009
11043-bedAED 734K · Oct 2012

1103, KG Tower in numbers

  • Sold twice: first on 23 February 2009 for AED 1,513,710, last on 10 May 2021 for AED 1,100,000 (AED 656 per sqft).
  • Rented since September 2012 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 70,000 in 2021 and recovered to AED 138,000 by December 2024.
  • At AED 138,000 a year the gross yield on the 2021 price is 12.6%, before a service charge of about AED 28,900 a year (AED 17.22 per sqft).

Source: Dubai Land Department. Updated 16 December 2024.

Questions about 1103, KG Tower

What did unit 1103 last sell for?

AED 1,100,000 on 10 May 2021: AED 656 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 1,513,710 in February 2009.

What is the rent for unit 1103?

AED 138,000 a year on the contract renewed on 16 December 2024. The previous contract, from December 2023, was AED 115,000; the unit has been rented since September 2012.

How big is unit 1103?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 11th floor of a 18-storey tower completed in 2007.

What is unit 1103 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 1103, KG Tower

Starts from the last sale price (AED 1.1M, 10 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →