3-bed · 1,588 sqftMarina Tower, Dubai Marina · 27th floor · completed 2006

2701, Marina Tower

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

Unit 2701 · DLD and Ejari recordsUpdated 8 November 2018
Last soldAED 2.7M3 October 2013
Current rentAED 140K /yr8 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Marina Tower

What is 2701 worth today?

Last sold for AED 2,695,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Nov 2018RentedRenewal
AED 140,000/yr3 months · AED 88 per sqft
8 Nov 2017RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
18 Dec 2016RentedNew contract
AED 145,000/yr12 months · AED 91 per sqft
8 Oct 2014RentedNew contract
AED 183,750/yr12 months · AED 115 per sqft
8 Oct 2013RentedNew contract
AED 175,000/yr12 months · AED 110 per sqft
3 Oct 2013Sold by developerReady
AED 2,695,000AED 1,697 per sqft

Source: Dubai Land Department. Updated 8 November 2018.

Key facts

Type
3-bed apartment
Size
1,588 sqft
Floor
27th of 32
Parking
P10-V09, P10-V10
Developer
Select Global Development
Completed
2006
Service charge
AED 26,900 /yr
Last sold
AED 2.7M · October 2013
Building
Marina Tower

About 2701, Marina Tower

2701 is a three-bedroom apartment of 1,588 sqft on the 27th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 3 October 2013 for AED 2,695,000, or AED 1,697 per sqft, 5% above the AED 1,623 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 8 November 2018, is AED 140,000 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 26,900 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, each saleTypical three-bed in Marina Tower
2M3M4M2013201720212025Typical sale price by year: 2013 AED 2,950,000; 2014 AED 3,405,000; 2015 AED 3,750,000; 2018 AED 2,696,303; 2020 AED 1,870,000; 2021 AED 2,330,000; 2022 AED 2,412,500; 2023 AED 2,900,000; 2024 AED 3,150,000; 2025 AED 3,400,000Sold by developer, October 2013: AED 2,695,000 (AED 1,697 per sqft)

2701 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2701, each contractTypical three-bed in Marina Tower
150K200K2012201620202024Typical rent by year: 2012 AED 137,500; 2013 AED 148,500; 2014 AED 200,000; 2015 AED 210,000; 2016 AED 187,500; 2017 AED 176,000; 2018 AED 170,000; 2019 AED 160,000; 2020 AED 130,000; 2021 AED 125,750; 2022 AED 160,000; 2023 AED 177,500; 2024 AED 195,000; 2025 AED 212,500New contract, October 2013: AED 175,000 a yearNew contract, October 2014: AED 183,750 a yearNew contract, December 2016: AED 145,000 a yearNew contract, November 2017: AED 140,000 a yearRenewal, November 2018: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Tower, and where 2701 sits

All 72 3-beds →

2701 last sold in October 2013 at AED 1,697 per sqft, 5% above what three-beds in Marina Tower were fetching at the time (AED 1,623). Over the last 12 months three-beds sold for AED 3,500,000 to 4,050,000, around AED 2,204 per sqft, and rent for AED 140,000 to 215,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20263,900,000
15 Jan 20263,500,000
30 Dec 202549,499
8 Jul 20253,000,000
4 3-bed sales in the last 12 months

Marina Tower

Building

197 apartments, 1-bed to 3-bed over 32 floors in Dubai Marina, completed in 2006 by Select Global Development. 6 sold in the last 12 months.

Typical price per sqft
AED 2,046
Typical sale
AED 3.7M
Typical rent
AED 145K /yr
Typical yield
5.5%
Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 27th floor

All 197 units in Marina Tower
Value
27021-bedAED 1.4M · Mar 2024
27032-bedAED 2.7M · Oct 2014
27042-bedAED 2.52M · Oct 2013
27053-bedAED 2.69M · Dec 2022

2701, Marina Tower in numbers

  • Sold once: by Select Global Development on 3 October 2013 for AED 2,695,000, or AED 1,697 per sqft.
  • Rented since October 2013 on 5 Ejari contracts, from AED 175,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2013 price is 5.2%, before a service charge of about AED 26,900 a year (AED 16.91 per sqft).
  • Three-beds in Marina Tower sold for AED 3,500,000–4,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,046 per sqft.

Source: Dubai Land Department. Updated 8 November 2018.

Questions about 2701, Marina Tower

What did unit 2701 last sell for?

AED 2,695,000 on 3 October 2013, sold by the developer: AED 1,697 per sqft for 1,588 sqft. It is the only registered sale of the unit.

What is the rent for unit 2701?

AED 140,000 a year on the contract renewed on 8 November 2018. The previous contract, from November 2017, was AED 140,000; the unit has been rented since October 2013.

How big is unit 2701?

1,588 sqft (147.5 sqm): a three-bedroom apartment on the 27th floor of a 32-storey tower completed in 2006.

What is unit 2701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Tower sold for AED 3,500,000 to 4,050,000 in the last 12 months, around AED 2,204 per sqft.

Selling 2701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2701, Marina Tower

Starts from the last sale price (AED 2.7M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,695,000
Deposit, UAE resident (20%)
AED 539,000
Deposit, non-resident (40%)
AED 1,078,000
Monthly over 25 years at 3.7%
AED 11,026

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →