601, Marina Wharf Tower 1
Sold prices and rental history: sold twice, last in December 2011, 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 601, Marina Wharf Tower 1
What is 601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,181 sqft
- Floor
- 6th of 27
- Parking
- S-13
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.15M · December 2011
- Building
- Marina Wharf Tower 1
About 601, Marina Wharf Tower 1
601 is a two-bedroom apartment of 1,181 sqft on the 6th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 25 December 2011 for AED 1,151,150, or AED 975 per sqft, 7% above the AED 914 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 25 July 2024, is AED 130,000 a year: a gross yield of 11.3% on the 2011 price, before the service charge of about AED 21,000 a year.
Sales and rents for 601 over time
601 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 601 sits
All 69 2-beds →601 last sold in December 2011 at AED 975 per sqft, 7% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 914). 601's AED 130,000 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 6th floor
All 135 units in Marina Wharf Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,417 sqft | AED 1.21MAED 1,214,350 · Oct 2012October 2012 | 107,525 /yr | |
| 603 | 1-bed | 823 sqft | AED 1.2MAED 1,200,000 · Feb 2026February 2026 | 110,000 /yr | |
| 604 | 1-bed | 824 sqft | AED 1.65MAED 1,650,000 · Jan 2025January 2025 | 120,000 /yr | |
| 605 | 2-bed | 1,439 sqft | AED 1.55MAED 1,550,000 · Jul 2023July 2023 | 38,027 /yr | |
| 606 | 2-bed | 1,181 sqft | AED 1.72MAED 1,716,000 · Jun 2016June 2016 | 90,000 /yr |
601, Marina Wharf Tower 1 in numbers
- Sold twice: first on 23 May 2009 for AED 1,179,750, last on 25 December 2011 for AED 1,151,150 (AED 975 per sqft).
- Rented since December 2013 on 10 Ejari contracts. The rent fell from AED 128,000 to AED 70,000 in 2021 and recovered to AED 130,000 by July 2024.
- At AED 130,000 a year the gross yield on the 2011 price is 11.3%, 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 25 July 2024.
Questions about 601, Marina Wharf Tower 1
What did unit 601 last sell for?
AED 1,151,150 on 25 December 2011: AED 975 per sqft for 1,181 sqft. The unit has 2 registered sales; the first was AED 1,179,750 in May 2009.
What is the rent for unit 601?
AED 130,000 a year on the contract signed on 25 July 2024. The previous contract, from June 2023, was AED 120,000; the unit has been rented since December 2013.
How big is unit 601?
1,181 sqft (109.7 sqm): a two-bedroom apartment on the 6th floor of a 27-storey tower completed in 2010.
What is unit 601 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 601, Marina Wharf Tower 1
Starts from the last sale price (AED 1.15M, 25 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,151,150
- Deposit, UAE resident (20%)
- AED 230,230
- Deposit, non-resident (40%)
- AED 460,460
- Monthly over 25 years at 3.7%
- AED 4,710
Plus AED 53,358 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →