3-bed · 2,091 sqftMarina Arcade Tower, Dubai Marina · completed 2017

1706, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in April 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 2.49M5 April 2023
Current rentAED 230K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Marina Arcade Tower

What is 1706 worth today?

Last sold for AED 2,490,000 in 2023

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1 Jan 2024RentedNew contract
AED 230,000/yr12 months · AED 110 per sqft
5 Apr 2023Sold by developerReady
AED 2,490,000AED 1,190 per sqft
31 Aug 2021RentedRenewal
AED 115,000/yr12 months · AED 55 per sqft
31 Aug 2020RentedNew contract
AED 115,000/yr12 months · AED 55 per sqft
31 Aug 2019RentedNew contract
AED 150,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
3-bed apartment
Size
2,091 sqft
Parking
LB-68, LB-69
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 33,000 /yr
Last sold
AED 2.49M · April 2023

About 1706, Marina Arcade Tower

1706 is a three-bedroom apartment of 2,091 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. The developer sold it on 5 April 2023 for AED 2,490,000, or AED 1,190 per sqft, 19% below the AED 1,465 three-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 1 January 2024, is AED 230,000 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 33,000 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical three-bed in Marina Arcade Tower
3M4M2016201920222025Typical sale price by year: 2016 AED 3,688,451; 2018 AED 2,643,500; 2023 AED 3,533,000; 2024 AED 3,500,000; 2025 AED 4,121,000Sold by developer, April 2023: AED 2,490,000 (AED 1,190 per sqft)

1706 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1706, each contractTypical three-bed in Marina Arcade Tower
100K200K2017202020232026Typical rent by year: 2017 AED 185,000; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 130,000; 2021 AED 141,750; 2022 AED 166,277; 2023 AED 194,343; 2024 AED 230,000; 2025 AED 222,500New contract, August 2019: AED 150,000 a yearNew contract, August 2020: AED 115,000 a yearRenewal, August 2021: AED 115,000 a yearNew contract, January 2024: AED 230,000 a year

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

3-beds in Marina Arcade Tower, and where 1706 sits

All 44 3-beds →

1706 last sold in April 2023 at AED 1,190 per sqft, 19% below what three-beds in Marina Arcade Tower were fetching at the time (AED 1,465). Over the last 12 months three-beds sold for AED 3,902,000, around AED 1,618 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Feb 20263,902,000
13 Jun 20253,275,000
10 May 20252,780,250
28 Apr 20254,300,000
1 3-bed sale 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 →

1706, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 5 April 2023 for AED 2,490,000, or AED 1,190 per sqft.
  • Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 115,000 in 2021 and recovered to AED 230,000 by January 2024.
  • At AED 230,000 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 33,000 a year (AED 15.77 per sqft).
  • Three-beds in Marina Arcade Tower sold for AED 3,902,000–3,902,000 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 1 January 2024.

Questions about 1706, Marina Arcade Tower

What did unit 1706 last sell for?

AED 2,490,000 on 5 April 2023, sold by the developer: AED 1,190 per sqft for 2,091 sqft. It is the only registered sale of the unit.

What is the rent for unit 1706?

AED 230,000 a year on the contract signed on 1 January 2024. The previous contract, from August 2021, was AED 115,000; the unit has been rented since August 2019.

How big is unit 1706?

2,091 sqft (194.3 sqm): a three-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 1706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Arcade Tower sold for AED 3,902,000 to 3,902,000 in the last 12 months, around AED 1,618 per sqft.

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Mortgage on 1706, Marina Arcade Tower

Starts from the last sale price (AED 2.49M, 5 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,490,000
Deposit, UAE resident (20%)
AED 498,000
Deposit, non-resident (40%)
AED 996,000
Monthly over 25 years at 3.7%
AED 10,187

Plus AED 109,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →