1203, Marina Wharf Tower 1
Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Marina Wharf Tower 1
What is 1203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2022.
Key facts
- Type
- Apartment
- Size
- 823 sqft
- Floor
- 12th of 27
- Parking
- B-42
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 14,600 /yr
- Last sold
- AED 600K · October 2012
- Building
- Marina Wharf Tower 1
About 1203, Marina Wharf Tower 1
1203 is an apartment of 823 sqft on the 12th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. The developer sold it on 14 October 2012 for AED 600,000, or AED 729 per sqft.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 July 2022, is AED 78,500 a year: a gross yield of 13.1% on the 2012 price, before the service charge of about AED 14,600 a year.
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 | |
| 1202 | 2-bed | 1,417 sqft | AED 1.75MAED 1,750,000 · Apr 2014April 2014 | 65,000 /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 |
1203, Marina Wharf Tower 1 in numbers
- Sold once: by Dheeraj & East Coast on 14 October 2012 for AED 600,000, or AED 729 per sqft.
- Rented since June 2015 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 63,000 in 2018 and recovered to AED 78,500 by July 2022.
- At AED 78,500 a year the gross yield on the 2012 price is 13.1%, before a service charge of about AED 14,600 a year (AED 17.79 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2022.
Questions about 1203, Marina Wharf Tower 1
What did unit 1203 last sell for?
AED 600,000 on 14 October 2012, sold by the developer: AED 729 per sqft for 823 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 78,500 a year on the contract signed on 1 July 2022. The previous contract, from September 2018, was AED 63,000; the unit has been rented since June 2015.
How big is unit 1203?
823 sqft (76.5 sqm): an apartment on the 12th floor of a 27-storey tower completed in 2010.
What is unit 1203 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 1203, Marina Wharf Tower 1
Starts from the last sale price (AED 600K, 14 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →