2-bed · 953 sqftMarina View Towers A, Dubai Marina · 7th floor · completed 2007

704, Marina View Towers A

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

Unit 704 · DLD and Ejari recordsUpdated 5 May 2024
Last soldAED 683K6 May 2009
Current rentAED 115K /yr5 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Marina View Towers A

What is 704 worth today?

Last sold for AED 683,020 in 2009

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5 May 2024RentedNew contract
AED 115,000/yr12 months · AED 120 per sqft
5 Mar 2023RentedRenewal
AED 85,000/yr12 months · AED 89 per sqft
5 Feb 2021RentedRenewal
AED 66,000/yr12 months · AED 69 per sqft
5 Feb 2019RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
5 Dec 2017RentedRenewal
AED 100,000/yr12 months · AED 104 per sqft
4 Dec 2016RentedRenewal
AED 119,678/yr12 months · AED 125 per sqft
5 Dec 2015RentedNew contract
AED 120,334/yr12 months · AED 126 per sqft
31 Jul 2014RentedNew contract
AED 85,200/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 May 2024.

Key facts

Type
2-bed apartment
Size
953 sqft
Floor
7th of 23
Parking
B1/38
Developer
New City Developers
Completed
2007
Service charge
AED 15,900 /yr
Last sold
AED 683K · May 2009

About 704, Marina View Towers A

704 is a two-bedroom apartment of 953 sqft on the 7th floor of Marina View Towers A, a 23-storey tower in Dubai Marina completed in 2007 by New City Developers. The developer sold it on 6 May 2009 for AED 683,020, or AED 716 per sqft, 12% below the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 May 2024, is AED 115,000 a year: a gross yield of 16.8% on the 2009 price, before the service charge of about AED 15,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Marina View Towers A
1M1.5M2009201420192024Typical sale price by year: 2009 AED 802,304; 2010 AED 814,099; 2011 AED 1,012,205; 2012 AED 939,458; 2013 AED 1,250,000; 2014 AED 1,250,000; 2015 AED 1,250,000; 2016 AED 1,315,000; 2018 AED 1,200,000; 2021 AED 810,000; 2022 AED 1,070,000; 2023 AED 1,250,359; 2024 AED 1,600,000; 2025 AED 1,650,000Sold by developer, May 2009: AED 683,020 (AED 716 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Marina View Towers A
50K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 95,000; 2014 AED 114,000; 2015 AED 117,750; 2016 AED 112,000; 2017 AED 105,000; 2018 AED 95,000; 2019 AED 78,000; 2020 AED 66,000; 2021 AED 60,000; 2022 AED 74,500; 2023 AED 90,000; 2024 AED 104,000; 2025 AED 115,000; 2026 AED 105,000New contract, August 2013: AED 75,600 a yearNew contract, July 2014: AED 85,200 a yearNew contract, December 2015: AED 120,334 a yearRenewal, December 2016: AED 119,678 a yearRenewal, December 2017: AED 100,000 a yearNew contract, February 2019: AED 75,000 a yearRenewal, February 2021: AED 66,000 a yearRenewal, March 2023: AED 85,000 a yearNew contract, May 2024: AED 115,000 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 View Towers A, and where 704 sits

All 74 2-beds →

704 last sold in May 2009 at AED 716 per sqft, 12% below what two-beds in Marina View Towers A were fetching at the time (AED 814). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,207 per sqft, and rent for AED 95,000 to 216,667 a year. 704's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Dec 202557,238
4 Jul 202519,924
20 Jun 20251,650,000
13 Jun 20251,600,000
2 2-bed sales in the last 12 months

Marina View Towers A

Building

256 apartments, studios to 4-bed over 23 floors in Dubai Marina, completed in 2007 by New City Developers. 7 sold in the last 12 months.

Typical price per sqft
AED 1,666
Typical sale
AED 1.27M
Typical rent
AED 85K /yr
Typical yield
7.3%
Marina View Towers A, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 256 units in Marina View Towers A
Value
7011-bedAED 505K · Aug 2009
702StudioAED 285K · Jun 2009
7032-bedAED 651K · Feb 2010
705StudioAED 855K · Mar 2025
7061-bedAED 1.25M · Jul 2025
7071-bedAED 930K · Nov 2015
708StudioAED 315K · Jun 2010
1–7 of 11

704, Marina View Towers A in numbers

  • Sold once: by New City Developers on 6 May 2009 for AED 683,020, or AED 716 per sqft.
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 75,600 to AED 66,000 in 2021 and recovered to AED 115,000 by May 2024.
  • At AED 115,000 a year the gross yield on the 2009 price is 16.8%, before a service charge of about AED 15,900 a year (AED 16.65 per sqft).
  • Two-beds in Marina View Towers A sold for AED 2,050,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,666 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 May 2024.

Questions about 704, Marina View Towers A

What did unit 704 last sell for?

AED 683,020 on 6 May 2009, sold by the developer: AED 716 per sqft for 953 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 115,000 a year on the contract signed on 5 May 2024. The previous contract, from March 2023, was AED 85,000; the unit has been rented since August 2013.

How big is unit 704?

953 sqft (88.5 sqm): a two-bedroom apartment on the 7th floor of a 23-storey tower completed in 2007.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina View Towers A sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,207 per sqft.

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Mortgage on 704, Marina View Towers A

Starts from the last sale price (AED 683K, 6 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 683,020
Deposit, UAE resident (20%)
AED 136,604
Deposit, non-resident (40%)
AED 273,208
Monthly over 25 years at 3.7%
AED 2,794

Plus AED 33,697 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →