2-bed · 1,195 sqftMarina Heights Tower, Dubai Marina · 7th floor · completed 2006

701, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 894K8 April 2010
Current rentAED 92K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Marina Heights Tower

What is 701 worth today?

Last sold for AED 893,733 in 2010

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15 Dec 2023RentedRenewal
AED 92,000/yr12 months · AED 71 per sqft
15 Dec 2022RentedRenewal
AED 92,000/yr12 months · AED 71 per sqft
15 Dec 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
8 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
23 Oct 2017RentedRenewal
AED 120,000/yr12 months · AED 100 per sqft
23 Oct 2015RentedRenewal
AED 135,000/yr12 months · AED 113 per sqft
23 Oct 2014RentedNew contract
AED 135,000/yr12 months · AED 113 per sqft
8 Apr 2010Sold by developerReady
AED 893,733AED 748 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
7th of 53
Parking
B4-01
Developer
SRG
Completed
2006
Service charge
AED 21,400 /yr
Last sold
AED 894K · April 2010

About 701, Marina Heights Tower

701 is a two-bedroom apartment of 1,195 sqft on the 7th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 8 April 2010 for AED 893,733, or AED 748 per sqft, 12% below the AED 850 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 92,000 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 21,400 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Marina Heights Tower
1M2M2007201220172022Typical sale price by year: 2007 AED 1,422,755; 2008 AED 1,134,714; 2009 AED 998,136; 2010 AED 1,008,824; 2011 AED 1,000,000; 2012 AED 1,167,972; 2013 AED 1,430,000; 2014 AED 1,825,000; 2015 AED 1,800,000; 2016 AED 1,610,000; 2017 AED 1,560,000; 2018 AED 1,120,000; 2019 AED 1,243,320; 2020 AED 1,035,000; 2021 AED 1,205,000; 2022 AED 1,420,944; 2023 AED 1,711,134; 2024 AED 2,000,000; 2025 AED 2,050,000Sold by developer, April 2010: AED 893,733 (AED 748 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Marina Heights Tower
100K20112015201920232027Typical rent by year: 2011 AED 95,000; 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 130,000; 2016 AED 126,788; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 80,000; 2022 AED 92,000; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 125,000New contract, October 2014: AED 135,000 a yearRenewal, October 2015: AED 135,000 a yearRenewal, October 2017: AED 120,000 a yearNew contract, November 2018: AED 90,000 a yearNew contract, December 2020: AED 65,000 a yearRenewal, December 2022: AED 92,000 a yearRenewal, December 2023: AED 92,000 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 Heights Tower, and where 701 sits

All 176 2-beds →

701 last sold in April 2010 at AED 748 per sqft, 12% below what two-beds in Marina Heights Tower were fetching at the time (AED 850). Over the last 12 months two-beds sold for AED 1,875,000 to 1,950,000, around AED 1,550 per sqft, and rent for AED 107,146 to 160,000 a year. 701's AED 92,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jan 202636,192
30 Dec 20251,875,000
9 Jul 2025122,322
29 Apr 20253,500,000
3 2-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 7th floor

All 375 units in Marina Heights Tower
Value
7022-bedAED 2.09M · Sep 2021
7032-bedAED 894K · Feb 2011
7042-bedAED 1.92M · Oct 2024
7052-bedAED 1.78M · Dec 2023
7061-bedAED 1.18M · Jan 2014
7071-bedAED 721K · Aug 2009
7081-bedAED 820K · Mar 2010
1–7 of 10

701, Marina Heights Tower in numbers

  • Sold once: by SRG on 8 April 2010 for AED 893,733, or AED 748 per sqft.
  • Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 65,000 in 2020 and recovered to AED 92,000 by December 2023.
  • At AED 92,000 a year the gross yield on the 2010 price is 10.3%, before a service charge of about AED 21,400 a year (AED 17.95 per sqft).
  • Two-beds in Marina Heights Tower sold for AED 1,875,000–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,550 per sqft.

Source: Dubai Land Department. Updated 15 December 2023.

Questions about 701, Marina Heights Tower

What did unit 701 last sell for?

AED 893,733 on 8 April 2010, sold by the developer: AED 748 per sqft for 1,195 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 92,000 a year on the contract renewed on 15 December 2023. The previous contract, from December 2022, was AED 92,000; the unit has been rented since October 2014.

How big is unit 701?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 7th floor of a 53-storey tower completed in 2006.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Heights Tower sold for AED 1,875,000 to 1,950,000 in the last 12 months, around AED 1,550 per sqft.

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Mortgage on 701, Marina Heights Tower

Starts from the last sale price (AED 894K, 8 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 893,733
Deposit, UAE resident (20%)
AED 178,747
Deposit, non-resident (40%)
AED 357,493
Monthly over 25 years at 3.7%
AED 3,657

Plus AED 42,546 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →