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3-bed · 1,721 sqftMarina Heights Tower, Dubai Marina · 45th floor · completed 2006

4503, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in May 2010, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4503 · DLD and Ejari recordsUpdated 5 July 2014
Last soldAED 1.79M18 May 2010
Current rentAED 150K /yr5 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4503, Marina Heights Tower

What is 4503 worth today?

Last sold for AED 1,790,978 in 2010

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5 Jul 2014RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft
5 Jul 2013RentedNew contract
AED 131,250/yr12 months · AED 76 per sqft
18 May 2010Sold by developerReady
AED 1,790,978AED 1,040 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2014.

Key facts

Type
3-bed apartment
Size
1,721 sqft
Floor
45th of 53
Parking
P2-06
Developer
SRG
Completed
2006
Service charge
AED 30,900 /yr
Last sold
AED 1.79M · May 2010
Building
Marina Heights Tower

About 4503, Marina Heights Tower

4503 is a three-bedroom apartment of 1,721 sqft on the 45th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 18 May 2010 for AED 1,790,978, or AED 1,040 per sqft, in line with the AED 1,019 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 5 July 2014, is AED 150,000 a year: a gross yield of 8.4% on the 2010 price, before the service charge of about AED 30,900 a year.

Sales and rents for 4503 over time

Sales
Unit 4503, each saleTypical three-bed in Marina Heights Tower
2M3M2007201220172022Typical sale price by year: 2007 AED 1,834,485; 2008 AED 1,749,019; 2009 AED 1,790,979; 2010 AED 1,790,979; 2011 AED 1,608,293; 2012 AED 1,835,500; 2013 AED 2,020,000; 2014 AED 2,537,500; 2015 AED 2,237,500; 2016 AED 2,099,810; 2018 AED 1,800,000; 2019 AED 1,440,000; 2021 AED 1,550,000; 2022 AED 1,900,000; 2023 AED 2,300,000; 2024 AED 2,800,000; 2025 AED 2,835,000Sold by developer, May 2010: AED 1,790,978 (AED 1,040 per sqft)

4503 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4503, each contractTypical three-bed in Marina Heights Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 112,500; 2021 AED 106,000; 2022 AED 124,000; 2023 AED 155,000; 2024 AED 167,500; 2025 AED 175,000; 2026 AED 192,159New contract, July 2013: AED 131,250 a yearNew contract, July 2014: AED 150,000 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 Heights Tower, and where 4503 sits

All 93 3-beds →

4503 last sold in May 2010 at AED 1,040 per sqft, in line with what three-beds in Marina Heights Tower were fetching at the time (AED 1,019). 4503's AED 150,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20252,900,000
1 Jul 20252,870,000
23 May 20253,964,882
27 Mar 20252,750,000
0 3-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 45th floor

All 375 units in Marina Heights Tower
Value
45013-bedAED 1.68M · May 2010
45023-bedAED 1.7M · Dec 2018
45043-bedAED 1.96M · Dec 2012
45053-bedAED 2.75M · Oct 2024
45063-bedAED 725K · May 2019

4503, Marina Heights Tower in numbers

  • Sold once: by SRG on 18 May 2010 for AED 1,790,978, or AED 1,040 per sqft.
  • Rented since July 2013 on 2 Ejari contracts, from AED 131,250 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2010 price is 8.4%, before a service charge of about AED 30,900 a year (AED 17.95 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2014.

Questions about 4503, Marina Heights Tower

What did unit 4503 last sell for?

AED 1,790,978 on 18 May 2010, sold by the developer: AED 1,040 per sqft for 1,721 sqft. It is the only registered sale of the unit.

What is the rent for unit 4503?

AED 150,000 a year on the contract signed on 5 July 2014. The previous contract, from July 2013, was AED 131,250.

How big is unit 4503?

1,721 sqft (159.9 sqm): a three-bedroom apartment on the 45th floor of a 53-storey tower completed in 2006.

What is unit 4503 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 4503, Marina Heights Tower

Starts from the last sale price (AED 1.79M, 18 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,790,978
Deposit, UAE resident (20%)
AED 358,196
Deposit, non-resident (40%)
AED 716,391
Monthly over 25 years at 3.7%
AED 7,327

Plus AED 80,231 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →