707, Marina Residence B
Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Marina Residence B
What is 707 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,179 sqft
- Floor
- 7th of 16
- Parking
- 21(B2)
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2006
- Service charge
- AED 21,700 /yr
- Last sold
- AED 1.48M · November 2023
- Building
- Marina Residence B
About 707, Marina Residence B
707 is a two-bedroom apartment of 1,179 sqft on the 7th floor of Marina Residence B, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant. It last sold on 28 November 2023 for AED 1,480,000, or AED 1,255 per sqft, 11% above the AED 1,132 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 23 February 2022, is AED 70,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 21,700 a year.
Sales and rents for 707 over time
707 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 B, and where 707 sits
All 9 2-beds →707 last sold in November 2023 at AED 1,255 per sqft, 11% above what two-beds in Marina Residence B were fetching at the time (AED 1,132).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20248 October 2024 | 1,179 sqft | 1,350,000 | 1,145 | ||
| 27 Nov 202327 November 2023 | 1,179 sqft | 1,500,000 | 1,272 | ||
| 18 Sep 202318 September 2023 | 1,179 sqft | 1,190,000 | 1,009 | ||
| 10 Feb 202310 February 2023 | 1,179 sqft | 1,050,000 | 890 |
Marina Residence B
Building105 apartments, 1-bed to 3-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 1,783
- Typical sale
- AED 1.19M
- Typical rent
- AED 77K /yr
- Typical yield
- 6.7%
Other units on the 7th floor
All 105 units in Marina Residence B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 613 sqft | AED 800KAED 800,000 · Nov 2017November 2017 | ||
| 702 | 1-bed | 723 sqft | AED 1.03MAED 1,030,000 · Apr 2014April 2014 | 66,000 /yr | |
| 703 | 1-bed | 602 sqft | AED 505KAED 505,000 · May 2021May 2021 | 60,000 /yr | |
| 704 | 1-bed | 723 sqft | AED 875KAED 875,000 · Dec 2016December 2016 | 88,000 /yr | |
| 705 | 1-bed | 613 sqft | AED 700KAED 700,000 · Nov 2013November 2013 | 68,250 /yr | |
| 706 | 1-bed | 334 sqft | AED 384KAED 383,880 · May 2016May 2016 | 69,877 /yr |
707, Marina Residence B in numbers
- Sold 3 times: first on 15 July 2010 for AED 1,573,965, last on 28 November 2023 for AED 1,480,000 (AED 1,255 per sqft).
- Rented since October 2014 on 8 Ejari contracts, from AED 140,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 21,700 a year (AED 18.43 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 28 November 2023.
Questions about 707, Marina Residence B
What did unit 707 last sell for?
AED 1,480,000 on 28 November 2023: AED 1,255 per sqft for 1,179 sqft. The unit has 3 registered sales; the first was AED 1,573,965 in July 2010.
What is the rent for unit 707?
AED 70,000 a year on the contract renewed on 23 February 2022. The previous contract, from February 2021, was AED 70,000; the unit has been rented since October 2014.
How big is unit 707?
1,179 sqft (109.5 sqm): a two-bedroom apartment on the 7th floor of a 16-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 Residence B
Starts from the last sale price (AED 1.48M, 28 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,480,000
- Deposit, UAE resident (20%)
- AED 296,000
- Deposit, non-resident (40%)
- AED 592,000
- Monthly over 25 years at 3.7%
- AED 6,055
Plus AED 67,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →