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2-bed · 1,215 sqftMarina Arcade Tower, Dubai Marina · completed 2017

2503, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 2 November 2022
Last soldAED 1.76M2 November 2022
Current rentAED 83K /yr23 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2503, Marina Arcade Tower

What is 2503 worth today?

Last sold for AED 1,759,000 in 2022

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2 Nov 2022Sold by developerReady
AED 1,759,000AED 1,447 per sqft
23 Aug 2021RentedNew contract
AED 83,077/yr13 months · AED 68 per sqft

Source: Dubai Land Department. Updated 2 November 2022.

Key facts

Type
2-bed apartment
Size
1,215 sqft
Parking
LB-26
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 19,200 /yr
Last sold
AED 1.76M · November 2022
Building
Marina Arcade Tower

About 2503, Marina Arcade Tower

2503 is a two-bedroom apartment of 1,215 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 2 November 2022 for AED 1,759,000, or AED 1,447 per sqft, 11% above the AED 1,303 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 August 2021. The current contract, signed on 23 August 2021, is AED 83,077 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 19,200 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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, November 2022: AED 1,759,000 (AED 1,447 per sqft)

2503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, each contractTypical two-bed in Marina Arcade Tower
100K150K2017202020232026Typical 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, August 2021: AED 83,077 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 2503 sits

All 191 2-beds →

2503 last sold in November 2022 at AED 1,447 per sqft, 11% above what two-beds in Marina Arcade Tower were fetching at the time (AED 1,303). 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. 2503's AED 83,077 is at the bottom 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 →

2503, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 2 November 2022 for AED 1,759,000, or AED 1,447 per sqft.
  • Rented since August 2021 on one Ejari contract, at AED 83,077 a year.
  • At AED 83,077 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 19,200 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 November 2022.

Questions about 2503, Marina Arcade Tower

What did unit 2503 last sell for?

AED 1,759,000 on 2 November 2022, sold by the developer: AED 1,447 per sqft for 1,215 sqft. It is the only registered sale of the unit.

What is the rent for unit 2503?

AED 83,077 a year on the contract signed on 23 August 2021.

How big is unit 2503?

1,215 sqft (112.9 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 2503 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 2503, Marina Arcade Tower

Starts from the last sale price (AED 1.76M, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,759,000
Deposit, UAE resident (20%)
AED 351,800
Deposit, non-resident (40%)
AED 703,600
Monthly over 25 years at 3.7%
AED 7,197

Plus AED 78,888 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →