1-bed · 917 sqftMarina Heights Tower, Dubai Marina · 10th floor · completed 2006

1007, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 566K6 February 2011
Current rentAED 77K /yr26 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Marina Heights Tower

What is 1007 worth today?

Last sold for AED 566,318 in 2011

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26 Apr 2024RentedRenewal
AED 76,550/yr12 months · AED 76 per sqft
26 Apr 2021RentedRenewal
AED 55,000/yr12 months · AED 54 per sqft
26 Apr 2020RentedNew contract
AED 55,000/yr12 months · AED 54 per sqft
1 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
1 Feb 2014RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
6 Feb 2011Sold by developerReady
AED 566,318AED 617 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
1-bed apartment
Size
917 sqft
Floor
10th of 53
Parking
B4-38
Developer
SRG
Completed
2006
Service charge
AED 16,500 /yr
Last sold
AED 566K · February 2011

About 1007, Marina Heights Tower

1007 is a one-bedroom apartment of 917 sqft on the 10th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 6 February 2011 for AED 566,318, or AED 617 per sqft, 27% below the AED 846 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 26 April 2024, is AED 76,550 a year: a gross yield of 13.5% on the 2011 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Marina Heights Tower
500K1M1.5M2007201220172022Typical sale price by year: 2007 AED 704,070; 2008 AED 718,830; 2009 AED 658,487; 2010 AED 703,337; 2011 AED 696,000; 2012 AED 574,814; 2013 AED 907,500; 2014 AED 1,350,000; 2015 AED 1,137,500; 2016 AED 1,275,000; 2017 AED 1,062,500; 2019 AED 765,000; 2022 AED 900,000; 2023 AED 1,150,000; 2024 AED 1,275,000; 2025 AED 1,375,000Sold by developer, February 2011: AED 566,318 (AED 617 per sqft)

1007 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Marina Heights Tower
60K80K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 80,000; 2014 AED 85,000; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 75,000; 2019 AED 70,000; 2020 AED 55,600; 2021 AED 58,000; 2022 AED 70,000; 2023 AED 76,900; 2024 AED 90,877; 2025 AED 90,000; 2026 AED 87,500New contract, February 2014: AED 90,000 a yearNew contract, February 2019: AED 90,000 a yearNew contract, April 2020: AED 55,000 a yearRenewal, April 2021: AED 55,000 a yearRenewal, April 2024: AED 76,550 a year

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

1-beds in Marina Heights Tower, and where 1007 sits

All 88 1-beds →

1007 last sold in February 2011 at AED 617 per sqft, 27% below what one-beds in Marina Heights Tower were fetching at the time (AED 846). 1007's AED 76,550 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 20251,215,000
17 Jul 20251,375,000
29 Apr 20251,350,000
11 Apr 20251,490,000
0 1-bed sales in the last 12 months

Marina Heights Tower

Building

375 apartments, 1-bed to 5-bed over 53 floors in Dubai Marina, completed in 2006 by SRG. 3 sold in the last 12 months.

Typical price per sqft
AED 1,550
Typical sale
AED 1.91M
Typical rent
AED 126K /yr
Typical yield
6.3%
Marina Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 375 units in Marina Heights Tower
Value
10012-bedAED 812K · Jun 2011
10032-bedAED 650K · Jun 2016
10042-bedAED 1.28M · Sep 2021
10052-bedAED 861K · Dec 2012
10061-bedAED 950K · Jan 2019
10081-bedAED 400K · Oct 2017
10091-bedAED 730K · Jan 2022
1–7 of 9

1007, Marina Heights Tower in numbers

  • Sold once: by SRG on 6 February 2011 for AED 566,318, or AED 617 per sqft.
  • Rented since February 2014 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 55,000 in 2021 and recovered to AED 76,550 by April 2024.
  • At AED 76,550 a year the gross yield on the 2011 price is 13.5%, before a service charge of about AED 16,500 a year (AED 17.95 per sqft).

Source: Dubai Land Department. Updated 26 April 2024.

Questions about 1007, Marina Heights Tower

What did unit 1007 last sell for?

AED 566,318 on 6 February 2011, sold by the developer: AED 617 per sqft for 917 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 76,550 a year on the contract renewed on 26 April 2024. The previous contract, from April 2021, was AED 55,000; the unit has been rented since February 2014.

How big is unit 1007?

917 sqft (85.2 sqm): a one-bedroom apartment on the 10th floor of a 53-storey tower completed in 2006.

What is unit 1007 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 1007, Marina Heights Tower

Starts from the last sale price (AED 566K, 6 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 566,318
Deposit, UAE resident (20%)
AED 113,264
Deposit, non-resident (40%)
AED 226,527
Monthly over 25 years at 3.7%
AED 2,317

Plus AED 28,796 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →