1-bed · 721 sqftWest Avenue Residential Tower, Dubai Marina · 30th floor · completed 2014

3003, West Avenue Residential Tower

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3003 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 1.39M9 December 2014
Current rentAED 100K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3003, West Avenue Residential Tower

What is 3003 worth today?

Last sold for AED 1,390,341 in 2014

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20 Dec 2024RentedNew contract
AED 100,000/yr12 months · AED 139 per sqft
16 Nov 2023RentedNew contract
AED 100,000/yr12 months · AED 139 per sqft
14 Oct 2019RentedRenewal
AED 80,000/yr12 months · AED 111 per sqft
14 Oct 2018RentedNew contract
AED 95,000/yr12 months · AED 132 per sqft
13 Oct 2017RentedNew contract
AED 110,000/yr12 months · AED 153 per sqft
9 Dec 2014SoldReady
AED 1,390,341AED 1,928 per sqft
17 Sep 2013Sold by developerOff-plan
AED 1,390,341AED 1,928 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
30th of 34
Parking
L1-21
Developer
West Avenue
Completed
2014
Service charge
AED 14,200 /yr
Last sold
AED 1.39M · December 2014

About 3003, West Avenue Residential Tower

3003 is a one-bedroom apartment of 721 sqft on the 30th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 9 December 2014 for AED 1,390,341, or AED 1,928 per sqft, 18% above the AED 1,630 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 20 December 2024, is AED 100,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 14,200 a year.

Sales and rents for 3003 over time

Sales
Unit 3003, each saleTypical one-bed in West Avenue Residential Tower
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,139,824; 2014 AED 1,196,771; 2015 AED 1,585,375; 2016 AED 1,315,000; 2017 AED 1,525,000; 2018 AED 1,210,000; 2019 AED 1,037,500; 2020 AED 942,500; 2021 AED 1,012,500; 2022 AED 1,172,500; 2023 AED 1,270,000; 2024 AED 1,400,000; 2025 AED 1,450,000Sold by developer, September 2013: AED 1,390,341 (AED 1,928 per sqft)Sold, December 2014: AED 1,390,341 (AED 1,928 per sqft)

3003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3003, each contractTypical one-bed in West Avenue Residential Tower
80K100K2014201820222026Typical rent by year: 2014 AED 110,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 101,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 69,000; 2022 AED 75,000; 2023 AED 82,000; 2024 AED 96,000; 2025 AED 97,000; 2026 AED 104,720New contract, October 2017: AED 110,000 a yearNew contract, October 2018: AED 95,000 a yearRenewal, October 2019: AED 80,000 a yearNew contract, November 2023: AED 100,000 a yearNew contract, December 2024: AED 100,000 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 West Avenue Residential Tower, and where 3003 sits

All 146 1-beds →

3003 last sold in December 2014 at AED 1,928 per sqft, 18% above what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,630). Over the last 12 months one-beds sold for AED 1,450,000, around AED 2,033 per sqft, and rent for AED 94,500 to 125,000 a year. 3003's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 202671,309
6 Jan 202657,620
9 Dec 20251,450,000
30 Jul 20251,580,000
3 1-bed sales in the last 12 months

West Avenue Residential Tower

Building

271 apartments, studios to 4-bed over 34 floors in Dubai Marina, completed in 2014 by West Avenue. 7 sold in the last 12 months.

Typical price per sqft
AED 2,063
Typical sale
AED 1.45M
Typical rent
AED 117K /yr
Typical yield
6.4%
West Avenue Residential Tower, Dubai Marina: prices, sales and rents →
Value
30012-bedAED 2.74M · Dec 2014
30021-bedAED 1.16M · Jun 2022
30042-bedAED 2.1M · Dec 2014
30052-bedAED 2.5M · Sep 2022
30061-bedAED 1M · Mar 2021
30071-bedAED 1.65M · Nov 2024
30082-bedAED 1.9M · Jun 2018

3003, West Avenue Residential Tower in numbers

  • Sold twice: first on 17 September 2013 for AED 1,390,341, last on 9 December 2014 for AED 1,390,341 (AED 1,928 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2019 and recovered to AED 100,000 by December 2024.
  • At AED 100,000 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 14,200 a year (AED 19.72 per sqft).
  • One-beds in West Avenue Residential Tower sold for AED 1,450,000–1,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,063 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2024.

Questions about 3003, West Avenue Residential Tower

What did unit 3003 last sell for?

AED 1,390,341 on 9 December 2014: AED 1,928 per sqft for 721 sqft. The unit has 2 registered sales; the first was AED 1,390,341 in September 2013.

What is the rent for unit 3003?

AED 100,000 a year on the contract signed on 20 December 2024. The previous contract, from November 2023, was AED 100,000; the unit has been rented since October 2017.

How big is unit 3003?

721 sqft (67.0 sqm): a one-bedroom apartment on the 30th floor of a 34-storey tower completed in 2014.

What is unit 3003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in West Avenue Residential Tower sold for AED 1,450,000 to 1,450,000 in the last 12 months, around AED 2,033 per sqft.

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Mortgage on 3003, West Avenue Residential Tower

Starts from the last sale price (AED 1.39M, 9 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,341
Deposit, UAE resident (20%)
AED 278,068
Deposit, non-resident (40%)
AED 556,136
Monthly over 25 years at 3.7%
AED 5,688

Plus AED 63,405 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →