701, Marina Wharf Tower 1
Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Marina Wharf Tower 1
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,181 sqft
- Floor
- 7th of 27
- Parking
- S-19
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.38M · September 2012
- Building
- Marina Wharf Tower 1
About 701, Marina Wharf Tower 1
701 is a two-bedroom apartment of 1,181 sqft on the 7th 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 23 September 2012 for AED 1,384,240, or AED 1,172 per sqft, 16% above the AED 1,011 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 94,500 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 21,000 a year.
Sales and rents for 701 over time
701 has sold once; 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 701 sits
All 69 2-beds →701 last sold in September 2012 at AED 1,172 per sqft, 16% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,011). 701's AED 94,500 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 7th floor
All 135 units in Marina Wharf Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,417 sqft | AED 1.48MAED 1,475,000 · Jun 2018June 2018 | 110,000 /yr | |
| 703 | 1-bed | 823 sqft | AED 905KAED 905,416 · Sep 2012September 2012 | 63,800 /yr | |
| 704 | 1-bed | 824 sqft | AED 1.16MAED 1,160,000 · Apr 2015April 2015 | 45,000 /yr | |
| 705 | 2-bed | 1,439 sqft | AED 1.6MAED 1,600,000 · Jun 2017June 2017 | 125,000 /yr | |
| 706 | 1,181 sqft | AED 1.5MAED 1,497,864 · Sep 2025September 2025 | 125,000 /yr |
701, Marina Wharf Tower 1 in numbers
- Sold once: by Dheeraj & East Coast on 23 September 2012 for AED 1,384,240, or AED 1,172 per sqft.
- Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 96,000 to AED 72,000 in 2021 and recovered to AED 94,500 by July 2025.
- At AED 94,500 a year the gross yield on the 2012 price is 6.8%, 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 1 July 2025.
Questions about 701, Marina Wharf Tower 1
What did unit 701 last sell for?
AED 1,384,240 on 23 September 2012, sold by the developer: AED 1,172 per sqft for 1,181 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 94,500 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 90,000; the unit has been rented since November 2014.
How big is unit 701?
1,181 sqft (109.7 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2010.
What is unit 701 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 701, Marina Wharf Tower 1
Starts from the last sale price (AED 1.38M, 23 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,384,240
- Deposit, UAE resident (20%)
- AED 276,848
- Deposit, non-resident (40%)
- AED 553,696
- Monthly over 25 years at 3.7%
- AED 5,663
Plus AED 63,148 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →