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2-bed · 1,071 sqftMarina Residence A, Dubai Marina · 7th floor · completed 2006

702, Marina Residence A

Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 17 May 2023
Last soldAED 1.2M17 May 2023
Current rentAED 85K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Marina Residence A

What is 702 worth today?

Last sold for AED 1,200,000 in 2023

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17 May 2023SoldReady
AED 1,200,000AED 1,120 per sqft
1 Jul 2019RentedNew contract
AED 85,000/yr12 months · AED 79 per sqft
16 Jun 2016RentedNew contract
AED 115,000/yr12 months · AED 107 per sqft
17 Apr 2014SoldReady
AED 825,000AED 770 per sqft
1 Apr 2013RentedNew contract
AED 85,000/yr12 months · AED 79 per sqft
4 May 2010Sold by developerReady
AED 1,358,410AED 1,268 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2023.

Key facts

Type
2-bed apartment
Size
1,071 sqft
Floor
7th of 16
Parking
11(B2)
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2006
Service charge
AED 19,700 /yr
Last sold
AED 1.2M · May 2023
Building
Marina Residence A

About 702, Marina Residence A

702 is a two-bedroom apartment of 1,071 sqft on the 7th floor of Marina Residence A, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant. It last sold on 17 May 2023 for AED 1,200,000, or AED 1,120 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 July 2019, is AED 85,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 19,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Marina Residence A
1M1.5M2009201420192024Typical sale price by year: 2009 AED 830,000; 2010 AED 1,414,123; 2013 AED 1,200,000; 2014 AED 1,500,000; 2017 AED 1,497,330; 2019 AED 1,000,000; 2023 AED 1,200,000; 2024 AED 1,450,000; 2025 AED 1,650,000Sold by developer, May 2010: AED 1,358,410 (AED 1,268 per sqft)Sold, April 2014: AED 825,000 (AED 770 per sqft)Sold, May 2023: AED 1,200,000 (AED 1,120 per sqft)

702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 702, each contractTypical two-bed in Marina Residence A
75K100K125K2012201620202024Typical rent by year: 2012 AED 89,000; 2013 AED 102,210; 2014 AED 116,037; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 105,000; 2018 AED 95,000; 2019 AED 87,500; 2020 AED 71,000; 2021 AED 71,500; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 115,000New contract, April 2013: AED 85,000 a yearNew contract, June 2016: AED 115,000 a yearNew contract, July 2019: AED 85,000 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 Residence A, and where 702 sits

All 41 2-beds →

Over the last 12 months two-beds sold for AED 1,675,000, around AED 1,518 per sqft, and rent for AED 129,000 to 129,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
14 May 20252,200,000
7 Apr 20251,650,000
6 Jan 20251,650,000
21 Nov 20241,625,000
1 2-bed sale in the last 12 months

Marina Residence A

Building

67 apartments, 1-bed to 5-bed over 16 floors in Dubai Marina, completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant. 1 sold in the last 12 months.

Typical price per sqft
AED 1,518
Typical sale
AED 1.68M
Typical rent
AED 83K /yr
Typical yield
7.8%
Marina Residence A, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 67 units in Marina Residence A
Value
7012-bedAED 760K · Apr 2009
7032-bedAED 1.05M · Mar 2022
7041-bedAED 930K · Sep 2023
7052-bedAED 1.59M · Mar 2010

702, Marina Residence A in numbers

  • Sold 3 times: first on 4 May 2010 for AED 1,358,410, last on 17 May 2023 for AED 1,200,000 (AED 1,120 per sqft).
  • Rented since April 2013 on 3 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 19,700 a year (AED 18.43 per sqft).
  • Two-beds in Marina Residence A sold for AED 1,675,000–1,675,000 in the 12 months to November 2026; the building's median across all types is AED 1,518 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2023.

Questions about 702, Marina Residence A

What did unit 702 last sell for?

AED 1,200,000 on 17 May 2023: AED 1,120 per sqft for 1,071 sqft. The unit has 3 registered sales; the first was AED 1,358,410 in May 2010.

What is the rent for unit 702?

AED 85,000 a year on the contract signed on 1 July 2019. The previous contract, from June 2016, was AED 115,000; the unit has been rented since April 2013.

How big is unit 702?

1,071 sqft (99.5 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2006.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residence A sold for AED 1,675,000 to 1,675,000 in the last 12 months, around AED 1,518 per sqft.

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Mortgage on 702, Marina Residence A

Starts from the last sale price (AED 1.2M, 17 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →