1-bed · 685 sqftMarina Heights Tower, Dubai Marina · 7th floor · completed 2006

709, Marina Heights Tower

Sold prices and rental history: sold twice, last in October 2011, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 31 December 2018
Last soldAED 735K3 October 2011
Current rentAED 77K /yr31 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Marina Heights Tower

What is 709 worth today?

Last sold for AED 735,000 in 2011

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31 Dec 2018RentedRenewal
AED 77,000/yr12 months · AED 104 per sqft
31 Dec 2017RentedNew contract
AED 85,000/yr12 months · AED 114 per sqft
4 Oct 2015RentedNew contract
AED 90,000/yr12 months · AED 131 per sqft
3 Oct 2011SoldReady
AED 735,000AED 1,073 per sqft
12 Oct 2009Sold by developerReady
AED 445,307AED 650 per sqft

Source: Dubai Land Department. Updated 31 December 2018.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
7th of 53
Parking
B4-09
Developer
SRG
Completed
2006
Service charge
AED 12,300 /yr
Last sold
AED 735K · October 2011

About 709, Marina Heights Tower

709 is a one-bedroom apartment of 685 sqft on the 7th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 3 October 2011 for AED 735,000, or AED 1,073 per sqft, 32% above the AED 813 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 31 December 2018, is AED 77,000 a year: a gross yield of 10.5% on the 2011 price, before the service charge of about AED 12,300 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, October 2009: AED 445,307 (AED 650 per sqft)Sold, October 2011: AED 735,000 (AED 1,073 per sqft)

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

Rents
Unit 709, 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, October 2015: AED 90,000 a yearNew contract, December 2017: AED 85,000 a yearRenewal, December 2018: AED 77,000 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 709 sits

All 88 1-beds →

709 last sold in October 2011 at AED 1,073 per sqft, 32% above what one-beds in Marina Heights Tower were fetching at the time (AED 813). 709's AED 77,000 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 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
7071-bedAED 721K · Aug 2009
1–7 of 10

709, Marina Heights Tower in numbers

  • Sold twice: first on 12 October 2009 for AED 445,307, last on 3 October 2011 for AED 735,000 (AED 1,073 per sqft).
  • Rented since October 2015 on 3 Ejari contracts, from AED 90,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2011 price is 10.5%, before a service charge of about AED 12,300 a year (AED 17.95 per sqft).

Source: Dubai Land Department. Updated 31 December 2018.

Questions about 709, Marina Heights Tower

What did unit 709 last sell for?

AED 735,000 on 3 October 2011: AED 1,073 per sqft for 685 sqft. The unit has 2 registered sales; the first was AED 445,307 in October 2009.

What is the rent for unit 709?

AED 77,000 a year on the contract renewed on 31 December 2018. The previous contract, from December 2017, was AED 85,000; the unit has been rented since October 2015.

How big is unit 709?

685 sqft (63.6 sqm): a one-bedroom apartment on the 7th floor of a 53-storey tower completed in 2006.

What is unit 709 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 709, Marina Heights Tower

Starts from the last sale price (AED 735K, 3 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

Plus AED 35,880 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →