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1-bed · 1,011 sqftMarina Heights Tower, Dubai Marina · 7th floor · completed 2006

707, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 721K20 August 2009
Current rentAED 90K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Marina Heights Tower

What is 707 worth today?

Last sold for AED 721,309 in 2009

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15 Dec 2023RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
25 Aug 2018RentedNew contract
AED 72,000/yr12 months · AED 71 per sqft
19 Jul 2014RentedNew contract
AED 84,000/yr12 months · AED 92 per sqft
19 Jul 2013RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
20 Aug 2009Sold by developerReady
AED 721,309AED 786 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
1-bed apartment
Size
1,011 sqft
Floor
7th of 53
Parking
B4-07
Developer
SRG
Completed
2006
Service charge
AED 18,100 /yr
Last sold
AED 721K · August 2009
Building
Marina Heights Tower

About 707, Marina Heights Tower

707 is a one-bedroom apartment of 1,011 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 20 August 2009 for AED 721,309, or AED 786 per sqft, 4% above the AED 755 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 December 2023, is AED 90,000 a year: a gross yield of 12.5% on the 2009 price, before the service charge of about AED 18,100 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, August 2009: AED 721,309 (AED 786 per sqft)

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

Rents
Unit 707, 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, July 2013: AED 80,000 a yearNew contract, July 2014: AED 84,000 a yearNew contract, August 2018: AED 72,000 a yearNew contract, December 2023: AED 90,000 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 707 sits

All 88 1-beds →

707 last sold in August 2009 at AED 786 per sqft, 4% above what one-beds in Marina Heights Tower were fetching at the time (AED 755). 707's AED 90,000 is in the lower half 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 7th floor

All 375 units in Marina Heights Tower
Value
7012-bedAED 894K · Apr 2010
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
7081-bedAED 820K · Mar 2010
1–7 of 10

707, Marina Heights Tower in numbers

  • Sold once: by SRG on 20 August 2009 for AED 721,309, or AED 786 per sqft.
  • Rented since July 2013 on 4 Ejari contracts, from AED 80,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2009 price is 12.5%, before a service charge of about AED 18,100 a year (AED 17.95 per sqft).

Source: Dubai Land Department. Updated 15 December 2023.

Questions about 707, Marina Heights Tower

What did unit 707 last sell for?

AED 721,309 on 20 August 2009, sold by the developer: AED 786 per sqft for 1,011 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 90,000 a year on the contract signed on 15 December 2023. The previous contract, from August 2018, was AED 72,000; the unit has been rented since July 2013.

How big is unit 707?

1,011 sqft (93.9 sqm): a one-bedroom apartment on the 7th floor of a 53-storey tower completed in 2006.

What is unit 707 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 707, Marina Heights Tower

Starts from the last sale price (AED 721K, 20 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 721,309
Deposit, UAE resident (20%)
AED 144,262
Deposit, non-resident (40%)
AED 288,524
Monthly over 25 years at 3.7%
AED 2,951

Plus AED 35,305 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →