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

2708, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in August 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2708 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 2.41M30 August 2017
Current rentAED 94K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2708, Marina Arcade Tower

What is 2708 worth today?

Last sold for AED 2,414,395 in 2017

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1 Nov 2021RentedRenewal
AED 93,500/yr12 months · AED 57 per sqft
1 Oct 2020RentedRenewal
AED 85,385/yr13 months · AED 52 per sqft
1 Oct 2019RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
30 Aug 2017Sold by developerReady
AED 2,414,395AED 1,460 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2021.

Key facts

Type
2-bed apartment
Size
1,653 sqft
Parking
G-37
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 26,100 /yr
Last sold
AED 2.41M · August 2017
Building
Marina Arcade Tower

About 2708, Marina Arcade Tower

2708 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. The developer sold it on 30 August 2017 for AED 2,414,395, or AED 1,460 per sqft, 10% above the AED 1,325 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 93,500 a year: a gross yield of 3.9% on the 2017 price, before the service charge of about AED 26,100 a year.

Sales and rents for 2708 over time

Sales
Unit 2708, 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, August 2017: AED 2,414,395 (AED 1,460 per sqft)

2708 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2708, 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, October 2019: AED 105,000 a yearRenewal, October 2020: AED 85,385 a yearRenewal, November 2021: AED 93,500 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 2708 sits

All 191 2-beds →

2708 last sold in August 2017 at AED 1,460 per sqft, 10% above what two-beds in Marina Arcade Tower were fetching at the time (AED 1,325). 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. 2708's AED 93,500 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 →

2708, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 30 August 2017 for AED 2,414,395, or AED 1,460 per sqft.
  • Rented since October 2019 on 3 Ejari contracts, from AED 105,000 to AED 93,500 a year.
  • At AED 93,500 a year the gross yield on the 2017 price is 3.9%, 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: YallaValue analysis of Dubai Land Department records. Updated 1 November 2021.

Questions about 2708, Marina Arcade Tower

What did unit 2708 last sell for?

AED 2,414,395 on 30 August 2017, sold by the developer: AED 1,460 per sqft for 1,653 sqft. It is the only registered sale of the unit.

What is the rent for unit 2708?

AED 93,500 a year on the contract renewed on 1 November 2021. The previous contract, from October 2020, was AED 85,385; the unit has been rented since October 2019.

How big is unit 2708?

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

What is unit 2708 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 2708, Marina Arcade Tower

Starts from the last sale price (AED 2.41M, 30 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,414,395
Deposit, UAE resident (20%)
AED 482,879
Deposit, non-resident (40%)
AED 965,758
Monthly over 25 years at 3.7%
AED 9,878

Plus AED 106,415 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →