3-bed · 2,094 sqftMarina Heights Tower, Dubai Marina · 45th floor · completed 2006

4505, Marina Heights Tower

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4505 · DLD and Ejari recordsUpdated 4 October 2024
Last soldAED 2.75M4 October 2024
Current rentAED 165K /yr3 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4505, Marina Heights Tower

What is 4505 worth today?

Last sold for AED 2,750,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Oct 2024SoldReady
AED 2,750,000AED 1,313 per sqft
3 Feb 2024RentedNew contract
AED 165,000/yr12 months · AED 79 per sqft
3 Feb 2024RentedRenewal
AED 165,000/yr12 months · AED 79 per sqft
3 Feb 2023RentedNew contract
AED 160,000/yr12 months · AED 76 per sqft
1 Oct 2021RentedRenewal
AED 85,000/yr12 months · AED 40 per sqft
1 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 38 per sqft
1 May 2017RentedNew contract
AED 170,000/yr12 months · AED 89 per sqft
1 May 2016RentedRenewal
AED 170,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 October 2024.

Key facts

Type
3-bed apartment
Size
2,094 sqft
Floor
45th of 53
Parking
P2-08
Developer
SRG
Completed
2006
Service charge
AED 37,600 /yr
Last sold
AED 2.75M · October 2024

About 4505, Marina Heights Tower

4505 is a three-bedroom apartment of 2,094 sqft on the 45th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 4 October 2024 for AED 2,750,000, or AED 1,313 per sqft, in line with the AED 1,313 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 3 February 2024, is AED 165,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 37,600 a year.

Sales and rents for 4505 over time

Sales
Unit 4505, 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, August 2011: AED 2,350,000 (AED 1,233 per sqft)Sold, October 2024: AED 2,750,000 (AED 1,313 per sqft)

4505 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4505, each contractTypical three-bed in Marina Heights Tower
100K200K2012201620202024Typical 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, January 2014: AED 157,500 a yearNew contract, May 2015: AED 170,000 a yearRenewal, May 2016: AED 170,000 a yearNew contract, May 2017: AED 170,000 a yearNew contract, October 2020: AED 80,000 a yearRenewal, October 2021: AED 85,000 a yearNew contract, February 2023: AED 160,000 a yearNew contract, February 2024: AED 165,000 a yearRenewal, February 2024: AED 165,000 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 4505 sits

All 93 3-beds →

4505 last sold in October 2024 at AED 1,313 per sqft, in line with what three-beds in Marina Heights Tower were fetching at the time (AED 1,313). 4505's AED 165,000 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
45033-bedAED 1.79M · May 2010
45043-bedAED 1.96M · Dec 2012
45063-bedAED 725K · May 2019

4505, Marina Heights Tower in numbers

  • Sold twice: first on 18 August 2011 for AED 2,350,000, last on 4 October 2024 for AED 2,750,000 (AED 1,313 per sqft).
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 157,500 to AED 80,000 in 2020 and recovered to AED 165,000 by February 2024.
  • At AED 165,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 37,600 a year (AED 17.95 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 October 2024.

Questions about 4505, Marina Heights Tower

What did unit 4505 last sell for?

AED 2,750,000 on 4 October 2024: AED 1,313 per sqft for 2,094 sqft. The unit has 2 registered sales; the first was AED 2,350,000 in August 2011.

What is the rent for unit 4505?

AED 165,000 a year on the contract signed on 3 February 2024. The previous contract, from February 2024, was AED 165,000; the unit has been rented since January 2014.

How big is unit 4505?

2,094 sqft (194.5 sqm): a three-bedroom apartment on the 45th floor of a 53-storey tower completed in 2006.

What is unit 4505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 4505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4505, Marina Heights Tower

Starts from the last sale price (AED 2.75M, 4 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

Plus AED 120,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →