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2-bed · 1,653 sqftMarina Arcade Tower, Dubai Marina · completed 2017

1208, Marina Arcade Tower

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 2.43M2 July 2024
Current rentAED 190K /yr17 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1208, Marina Arcade Tower

What is 1208 worth today?

Last sold for AED 2,430,000 in 2024

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2 Jul 2024SoldReady
AED 2,430,000AED 1,469 per sqft
17 Mar 2023RentedNew contract
AED 190,000/yr12 months · AED 115 per sqft
7 Oct 2021RentedRenewal
AED 107,000/yr12 months · AED 65 per sqft
7 Oct 2019RentedNew contract
AED 105,000/yr12 months · AED 63 per sqft
1 Feb 2019RentedNew contract
AED 122,000/yr12 months · AED 74 per sqft
19 Apr 2017Sold by developerOff-plan
AED 2,325,526AED 1,406 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
2-bed apartment
Size
1,653 sqft
Parking
UB-9
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 26,100 /yr
Last sold
AED 2.43M · July 2024
Building
Marina Arcade Tower

About 1208, Marina Arcade Tower

1208 is a two-bedroom apartment of 1,653 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. It last sold on 2 July 2024 for AED 2,430,000, or AED 1,469 per sqft, in line with the AED 1,453 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 17 March 2023, is AED 190,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 26,100 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical two-bed in Marina Arcade Tower
1M2M2016201920222025Typical sale price by year: 2016 AED 1,797,078; 2017 AED 1,864,193; 2018 AED 1,778,120; 2019 AED 1,600,000; 2020 AED 1,115,797; 2021 AED 1,600,000; 2022 AED 1,779,470; 2023 AED 2,135,500; 2024 AED 2,220,000; 2025 AED 2,150,000Sold by developer, April 2017: AED 2,325,526 (AED 1,406 per sqft)Sold, July 2024: AED 2,430,000 (AED 1,469 per sqft)

1208 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, each contractTypical two-bed in Marina Arcade Tower
100K150K200K2017202020232026Typical rent by year: 2017 AED 135,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 91,813; 2022 AED 105,000; 2023 AED 125,000; 2024 AED 131,250; 2025 AED 139,000; 2026 AED 145,000New contract, February 2019: AED 122,000 a yearNew contract, October 2019: AED 105,000 a yearRenewal, October 2021: AED 107,000 a yearNew contract, March 2023: AED 190,000 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 Marina Arcade Tower, and where 1208 sits

All 191 2-beds →

1208 last sold in July 2024 at AED 1,469 per sqft, in line with what two-beds in Marina Arcade Tower were fetching at the time (AED 1,453). Over the last 12 months two-beds sold for AED 2,200,000, around AED 1,377 per sqft, and rent for AED 110,000 to 170,000 a year. 1208's AED 190,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Dec 202525,511
8 Dec 20252,200,000
20 Jun 202592,002
13 Jun 20252,919,700
2 2-bed sales in the last 12 months

Marina Arcade Tower

Building

19 apartments, studios to 4-bed over 45 floors in Dubai Marina, completed in 2017 by Marina Arcade Real Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 1,553
Typical sale
AED 2.2M
Typical rent
AED 130K /yr
Typical yield
6.6%
Marina Arcade Tower, Dubai Marina: prices, sales and rents →

1208, Marina Arcade Tower in numbers

  • Sold twice: first on 19 April 2017 for AED 2,325,526, last on 2 July 2024 for AED 2,430,000 (AED 1,469 per sqft).
  • Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 122,000 to AED 105,000 in 2019 and recovered to AED 190,000 by March 2023.
  • At AED 190,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 26,100 a year (AED 15.77 per sqft).
  • Two-beds in Marina Arcade Tower sold for AED 2,200,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 2 July 2024.

Questions about 1208, Marina Arcade Tower

What did unit 1208 last sell for?

AED 2,430,000 on 2 July 2024: AED 1,469 per sqft for 1,653 sqft. The unit has 2 registered sales; the first was AED 2,325,526 in April 2017.

What is the rent for unit 1208?

AED 190,000 a year on the contract signed on 17 March 2023. The previous contract, from October 2021, was AED 107,000; the unit has been rented since February 2019.

How big is unit 1208?

1,653 sqft (153.6 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Arcade Tower sold for AED 2,200,000 to 2,200,000 in the last 12 months, around AED 1,377 per sqft.

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Mortgage on 1208, Marina Arcade Tower

Starts from the last sale price (AED 2.43M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,430,000
Deposit, UAE resident (20%)
AED 486,000
Deposit, non-resident (40%)
AED 972,000
Monthly over 25 years at 3.7%
AED 9,942

Plus AED 107,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →