1201, Marina Wharf Tower 1
Sold prices and rental history: sold 3 times, last in December 2020, 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 1201, Marina Wharf Tower 1
What is 1201 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,181 sqft
- Floor
- 12th of 27
- Parking
- S-31
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 21,000 /yr
- Last sold
- AED 875K · December 2020
- Building
- Marina Wharf Tower 1
About 1201, Marina Wharf Tower 1
1201 is a two-bedroom apartment of 1,181 sqft on the 12th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 10 December 2020 for AED 875,000, or AED 741 per sqft, in line with the AED 750 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 2 November 2018, is AED 105,000 a year: a gross yield of 12.0% on the 2020 price, before the service charge of about AED 21,000 a year.
Sales and rents for 1201 over time
1201 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 Wharf Tower 1, and where 1201 sits
All 69 2-beds →1201 last sold in December 2020 at AED 741 per sqft, in line with what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 750). 1201's AED 105,000 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 12th floor
All 135 units in Marina Wharf Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,417 sqft | AED 1.75MAED 1,750,000 · Apr 2014April 2014 | 65,000 /yr | |
| 1203 | 823 sqft | AED 600KAED 600,000 · Oct 2012October 2012 | 78,500 /yr | ||
| 1204 | 1-bed | 824 sqft | AED 1.35MAED 1,350,000 · Nov 2024November 2024 | 95,000 /yr | |
| 1205 | 2-bed | 1,439 sqft | AED 1.23MAED 1,230,000 · Oct 2012October 2012 | 107,525 /yr | |
| 1206 | 2-bed | 1,181 sqft | AED 1.22MAED 1,222,650 · Sep 2012September 2012 | 120,000 /yr |
1201, Marina Wharf Tower 1 in numbers
- Sold 3 times: first on 23 May 2009 for AED 1,357,954, last on 10 December 2020 for AED 875,000 (AED 741 per sqft).
- Rented since October 2013 on 6 Ejari contracts, from AED 130,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2020 price is 12.0%, before a service charge of about AED 21,000 a year (AED 17.79 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2020.
Questions about 1201, Marina Wharf Tower 1
What did unit 1201 last sell for?
AED 875,000 on 10 December 2020: AED 741 per sqft for 1,181 sqft. The unit has 3 registered sales; the first was AED 1,357,954 in May 2009.
What is the rent for unit 1201?
AED 105,000 a year on the contract renewed on 2 November 2018. The previous contract, from November 2017, was AED 100,000; the unit has been rented since October 2013.
How big is unit 1201?
1,181 sqft (109.7 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2010.
What is unit 1201 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 1201, Marina Wharf Tower 1
Starts from the last sale price (AED 875K, 10 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus AED 41,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →