1-bed · 1,079 sqftStella Maris Tower, Dubai Marina · completed 2022

302, Stella Maris Tower

Sold prices and rental history: sold twice, last in February 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 2.55M23 February 2023
Current rentAED 145K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Stella Maris Tower

What is 302 worth today?

Last sold for AED 2,550,000 in 2023

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5 Sep 2024RentedNew contract
AED 145,000/yr12 months · AED 134 per sqft
23 Feb 2023SoldReady
AED 2,550,000AED 2,362 per sqft
7 Sep 2021Sold by developerOff-plan
AED 1,750,000AED 1,621 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
1-bed apartment
Size
1,079 sqft
Parking
B6-18
Developer
Scope Investment
Completed
2022
Service charge
AED 17,900 /yr
Last sold
AED 2.55M · February 2023

About 302, Stella Maris Tower

302 is a one-bedroom apartment of 1,079 sqft of Stella Maris Tower, a 50-storey tower in Dubai Marina completed in 2022 by Scope Investment. It last sold on 23 February 2023 for AED 2,550,000, or AED 2,362 per sqft, 12% above the AED 2,110 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2024. The current contract, signed on 5 September 2024, is AED 145,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 17,900 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Stella Maris Tower
2M20212022202320242025Typical sale price by year: 2021 AED 1,610,000; 2022 AED 1,948,128; 2023 AED 2,525,000; 2024 AED 2,750,000Sold by developer, September 2021: AED 1,750,000 (AED 1,621 per sqft)Sold, February 2023: AED 2,550,000 (AED 2,362 per sqft)

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

Rents
Unit 302, each contractTypical one-bed in Stella Maris Tower
140K150K20232024202520262027Typical rent by year: 2023 AED 150,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 135,000New contract, September 2024: AED 145,000 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 Stella Maris Tower, and where 302 sits

All 102 1-beds →

302 last sold in February 2023 at AED 2,362 per sqft, 12% above what one-beds in Stella Maris Tower were fetching at the time (AED 2,110). Over the last 12 months one-beds sold for AED 2,070,000 to 3,100,000, around AED 2,798 per sqft, and rent for AED 29,681 to 190,000 a year. 302's AED 145,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20262,200,000
12 Jan 20263,100,000
22 May 20252,150,000
14 Jan 20252,650,000
3 1-bed sales in the last 12 months

Stella Maris Tower

Building

294 apartments, 1-bed to 4-bed over 50 floors in Dubai Marina, completed in 2022 by Scope Investment. 9 sold in the last 12 months.

Typical price per sqft
AED 2,720
Typical sale
AED 4M
Typical rent
AED 190K /yr
Typical yield
5.5%
Stella Maris Tower, Dubai Marina: prices, sales and rents →

302, Stella Maris Tower in numbers

  • Sold twice: first on 7 September 2021 for AED 1,750,000, last on 23 February 2023 for AED 2,550,000 (AED 2,362 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 17,900 a year (AED 16.63 per sqft).
  • One-beds in Stella Maris Tower sold for AED 2,070,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,720 per sqft.

Source: Dubai Land Department. Updated 5 September 2024.

Questions about 302, Stella Maris Tower

What did unit 302 last sell for?

AED 2,550,000 on 23 February 2023: AED 2,362 per sqft for 1,079 sqft. The unit has 2 registered sales; the first was AED 1,750,000 in September 2021.

What is the rent for unit 302?

AED 145,000 a year on the contract signed on 5 September 2024.

How big is unit 302?

1,079 sqft (100.2 sqm): a one-bedroom apartment of a 50-storey tower completed in 2022.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Stella Maris Tower sold for AED 2,070,000 to 3,100,000 in the last 12 months, around AED 2,798 per sqft.

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Mortgage on 302, Stella Maris Tower

Starts from the last sale price (AED 2.55M, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →