1005, Marina Wharf Tower 1
Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Marina Wharf Tower 1
What is 1005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,439 sqft
- Floor
- 10th of 27
- Parking
- B-41
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.21M · January 2013
- Building
- Marina Wharf Tower 1
About 1005, Marina Wharf Tower 1
1005 is a two-bedroom apartment of 1,439 sqft on the 10th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 14 January 2013 for AED 1,206,900, or AED 838 per sqft, 18% below the AED 1,020 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 5 April 2024, is AED 140,000 a year: a gross yield of 11.6% on the 2013 price, before the service charge of about AED 25,600 a year.
Sales and rents for 1005 over time
1005 has sold twice; 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 Wharf Tower 1, and where 1005 sits
All 69 2-beds →1005 last sold in January 2013 at AED 838 per sqft, 18% below what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,020). 1005's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Dec 202413 December 2024 | 1,439 sqft | 2,350,000 | 1,632 | ||
| 12 Aug 202412 August 2024 | 1,189 sqft | 1,950,000 | 1,640 | ||
| 30 Jul 202430 July 2024 | 1,555 sqft | 1,900,000 | 1,221 | ||
| 17 Jul 202417 July 2024 | 1,459 sqft | 2,060,000 | 1,411 |
Marina Wharf Tower 1
Building135 apartments, 1-bed to 4-bed over 27 floors in Dubai Marina, completed in 2010 by Dheeraj & East Coast. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,686
- Typical sale
- AED 2.6M
- Typical rent
- AED 118K /yr
- Typical yield
- 5.8%
Other units on the 10th floor
All 135 units in Marina Wharf Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,181 sqft | AED 1.46MAED 1,460,000 · May 2023May 2023 | 140,000 /yr | |
| 1002 | 2-bed | 1,417 sqft | AED 1.24MAED 1,244,150 · Feb 2012February 2012 | 90,000 /yr | |
| 1003 | 1-bed | 823 sqft | AED 1.3MAED 1,300,000 · Jun 2023June 2023 | 55,000 /yr | |
| 1004 | 1-bed | 824 sqft | AED 700KAED 700,000 · Sep 2011September 2011 | 85,000 /yr | |
| 1006 | 2-bed | 1,181 sqft | AED 1.22MAED 1,215,350 · Oct 2012October 2012 | 118,000 /yr |
1005, Marina Wharf Tower 1 in numbers
- Sold twice: first on 23 May 2009 for AED 1,206,900, last on 14 January 2013 for AED 1,206,900 (AED 838 per sqft).
- Rented since October 2013 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 86,667 in 2020 and recovered to AED 140,000 by April 2024.
- At AED 140,000 a year the gross yield on the 2013 price is 11.6%, before a service charge of about AED 25,600 a year (AED 17.79 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2024.
Questions about 1005, Marina Wharf Tower 1
What did unit 1005 last sell for?
AED 1,206,900 on 14 January 2013: AED 838 per sqft for 1,439 sqft. The unit has 2 registered sales; the first was AED 1,206,900 in May 2009.
What is the rent for unit 1005?
AED 140,000 a year on the contract signed on 5 April 2024. The previous contract, from December 2020, was AED 86,667; the unit has been rented since October 2013.
How big is unit 1005?
1,439 sqft (133.7 sqm): a two-bedroom apartment on the 10th floor of a 27-storey tower completed in 2010.
What is unit 1005 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 1005, Marina Wharf Tower 1
Starts from the last sale price (AED 1.21M, 14 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,206,900
- Deposit, UAE resident (20%)
- AED 241,380
- Deposit, non-resident (40%)
- AED 482,760
- Monthly over 25 years at 3.7%
- AED 4,938
Plus AED 55,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →