1202, Marina Wharf Tower 1
Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Marina Wharf Tower 1
What is 1202 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,417 sqft
- Floor
- 12th of 27
- Parking
- B-38
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 25,200 /yr
- Last sold
- AED 1.75M · April 2014
- Building
- Marina Wharf Tower 1
About 1202, Marina Wharf Tower 1
1202 is a two-bedroom apartment of 1,417 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 6 April 2014 for AED 1,750,000, or AED 1,235 per sqft, 5% above the AED 1,176 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 September 2024, is AED 65,000 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 25,200 a year.
Sales and rents for 1202 over time
1202 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 1202 sits
All 69 2-beds →1202 last sold in April 2014 at AED 1,235 per sqft, 5% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,176). 1202's AED 65,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,181 sqft | AED 875KAED 875,000 · Dec 2020December 2020 | 105,000 /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 |
1202, Marina Wharf Tower 1 in numbers
- Sold twice: first on 23 February 2012 for AED 1,244,150, last on 6 April 2014 for AED 1,750,000 (AED 1,235 per sqft).
- Rented since March 2012 on 10 Ejari contracts, from AED 75,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2014 price is 3.7%, before a service charge of about AED 25,200 a year (AED 17.79 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Questions about 1202, Marina Wharf Tower 1
What did unit 1202 last sell for?
AED 1,750,000 on 6 April 2014: AED 1,235 per sqft for 1,417 sqft. The unit has 2 registered sales; the first was AED 1,244,150 in February 2012.
What is the rent for unit 1202?
AED 65,000 a year on the contract signed on 1 September 2024. The previous contract, from January 2022, was AED 90,000; the unit has been rented since March 2012.
How big is unit 1202?
1,417 sqft (131.6 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2010.
What is unit 1202 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 1202, Marina Wharf Tower 1
Starts from the last sale price (AED 1.75M, 6 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →