1-bed · 794 sqftMarina Wharf Tower 2, Dubai Marina · 26th floor · completed 2014

2603, Marina Wharf Tower 2

Sold prices and rental history: sold twice, last in December 2019, and rented once, from February 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 17 December 2019
Last soldAED 1.01M17 December 2019
Current rentAED 65K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Marina Wharf Tower 2

What is 2603 worth today?

Last sold for AED 1,010,000 in 2019

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17 Dec 2019SoldReady
AED 1,010,000AED 1,272 per sqft
1 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
31 May 2009Sold by developerOff-plan
AED 975,150AED 1,228 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 December 2019.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
26th of 27
Parking
F2-43
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.01M · December 2019

About 2603, Marina Wharf Tower 2

2603 is a one-bedroom apartment of 794 sqft on the 26th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 17 December 2019 for AED 1,010,000, or AED 1,272 per sqft, in line with the AED 1,251 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2019. The current contract, signed on 1 February 2019, is AED 65,000 a year: a gross yield of 6.4% on the 2019 price, before the service charge of about AED 13,400 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical one-bed in Marina Wharf Tower 2
900K1M2009201320172021Typical sale price by year: 2019 AED 985,000; 2022 AED 875,000Sold by developer, May 2009: AED 975,150 (AED 1,228 per sqft)Sold, December 2019: AED 1,010,000 (AED 1,272 per sqft)

2603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, each contractTypical one-bed in Marina Wharf Tower 2
100K2019202120232025Typical rent by year: 2023 AED 85,000; 2024 AED 125,000New contract, February 2019: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Wharf Tower 2, and where 2603 sits

All 5 1-beds →

2603 last sold in December 2019 at AED 1,272 per sqft, in line with what one-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,251).

Recent 1-bed salesUnit no.Price (AED)Summary
17 Dec 20241,380,000
10 Dec 20241,310,000
28 Nov 20221,000,000
1 Nov 20221,530,000
0 1-bed sales in the last 12 months

Marina Wharf Tower 2

Building

166 apartments, studios to 3-bed over 27 floors in Dubai Marina, completed in 2014 by Dheeraj & East Coast. 2 sold in the last 12 months.

Typical price per sqft
AED 1,862
Typical sale
AED 1.88M
Typical rent
AED 133K /yr
Typical yield
5.9%
Marina Wharf Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 26th floor

All 166 units in Marina Wharf Tower 2
Value
26012-bedAED 1.3M · Nov 2021
26023-bedAED 2.2M · Mar 2024
26041-bedAED 1.38M · Dec 2024
26053-bedAED 1.4M · Jul 2019
26062-bedAED 1.7M · Feb 2024

2603, Marina Wharf Tower 2 in numbers

  • Sold twice: first on 31 May 2009 for AED 975,150, last on 17 December 2019 for AED 1,010,000 (AED 1,272 per sqft).
  • Rented since February 2019 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2019 price is 6.4%, before a service charge of about AED 13,400 a year (AED 16.88 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 17 December 2019.

Questions about 2603, Marina Wharf Tower 2

What did unit 2603 last sell for?

AED 1,010,000 on 17 December 2019: AED 1,272 per sqft for 794 sqft. The unit has 2 registered sales; the first was AED 975,150 in May 2009.

What is the rent for unit 2603?

AED 65,000 a year on the contract signed on 1 February 2019.

How big is unit 2603?

794 sqft (73.8 sqm): a one-bedroom apartment on the 26th floor of a 27-storey tower completed in 2014.

What is unit 2603 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 2603, Marina Wharf Tower 2

Starts from the last sale price (AED 1.01M, 17 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

Plus AED 47,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →